Cripto247 shares a guide to assembling and publishing your non-fungible tokens
No doubt. It is one of the acronyms of the year. NFTs or non-fungible tokens have become one of the hottest trends in the crypto ecosystem of 2021, with global sales increasing 55% from $250 million to $389 million.
As we know, NFTs are unique collectible crypto assets, and have been around since 2012, when the concept of Bitcoin “colored coins” emerged. These coins were simply marked satoshis, or “colored” with distinctive information that linked them to real-world assets. However, for the most part, colored coins were used to create and trade works of art. The world of NFTs started to grow little by little and reached the point of exploding last year and being on everyone’s lips in 2021.
See ► What are NFTs? What are they for?
Creating and selling your own NFTs is no secret and you don’t need to be an expert in code or programming do it because there are platforms and different ways to create them. Great for artists, photographers, designers and more, here we share some options to create non-fungible tokens and release them for free.
The first option to create and sell your art as NFTs is to use the popular platform and marketplace Opensea.io.
Opensea.io en THE place on the Internet to create and sell your NFTs. With more than 20 million works, the decentralized platform that has been operating since 2018 uses the Ethereum blockchain to create, sell, buy and trade NFTs that are “registered” in the aforementioned blockchain. Creating your own NFT or collection of NFTs on OpenSea is free.
The first step to complete the process is to create an account in Opensea for free and link a wallet. The platform works with several. MetaMask is the main one, but others such as CoinbaseWallet, Bitski and Dapper, for example, can be linked.
Once the wallet is linked, you will be asked to enter a password, digitally sign (with a single click) and we’ll be ready to create the first NFT.
The process is as simple as sending a file as an email attachment or uploading a photo to Instagram.: you have to look for the option “Create a collection” and a page will open to build your collection of NFTs, (you have to give it a name and a “logo”, or a cover/profile photo) and immediately you can upload the file you want to convert to NFT. What can an NFT be? Well, pretty much any digital file, as long as it’s yours and you own the rights to it. What you download will be your own responsibility.
As we know, an NFT can be a photo, a digital creation, a GIF, an MP3, etc, etc…
Uploaded the file you need Complete the form with the name, a description and some other elements to better identify your NFT.
-External link: a link you want. It is attached to your NFT and allows users to click on your works, more details on the NFT or just your personal page.
-Properties: this is where you have to “customize” your NFT, i.e. add its characteristics, its type, etc, etc.
-Levels and statistics: They work similarly to properties and are used to further customize your NFT. It is not mandatory to fill in these fields.
The most important option of this form is block chain.
Because it matters? Because here you can select from on which blockchain your NFT will be registered. If you choose Ethereum, to publish your NFT for sale, you must pay a gas fee which is established according to the congestion of the network. In order to publish and sell your NFT for free, you must select the Polygon blockchain. In both cases, in the event of a sale, Opensea charges a commission of 2.5%.
And ready! By clicking on the “Create” button, your NFT will be born. It’s time to put it on sale. The “Sell” button will appear on this same screen.
A new window will open with the options to list the NFT and put a sell price in ETH on it. There you can enter the amount you want to publish with and the system will automatically provide how many dollars it is equivalent to based on the current ETH price, and how much the commission will be in case of a sale.
Click Full List a pop-up window will appear to “sign” your NFT. This step serves to give authenticity and authorship to the NFT and to “inform” the system that the non-fungible token is for sale via signing with your wallet.
The NFT will appear on the OpenSea marketplace, ready to receive offers.
Since NFTs can be virtually any digital format, there is a platform that auctions for sale, tweets in the form of NFTs. Yes, your tweets can also be NFTs and can be bought and sold. Precious, it’s a free platform in which anyone with a Twitter account can post their tweets as NFTs and put them up for sale.
The process is very similar to OpenSea but simpler. should also link a MetaMask wallet and also link the Twitter account where you want to take tweets to post.
Once you have completed these steps, all you have to do is put the URL of the tweet you want to auction. The platform will bring us the tweet in question and when selecting “manage” you can put a bid price in dollars, which will be automatically quoted in ETH.
Then, to publish it, by pressing the Mint it button, you can “sign” the tweet with the wallet. A) Yes, the tweet converted to NFT will be listed waiting for someone to offer an amount in ETH. If the quantity is equal to the entered price, the NFT is reserved. If it is lower, the owner will decide to sell it or wait for a better offer.
There are of course many other platforms for creating and selling NFTs of all kinds. Just test them and see how they perform according to the requirements and needs of each user. However, in the face of such variety, what is unanimous is that the NFT boom is a reality and that a large number of artists and digital content creators are riding the wave. This may be an interesting opportunity to enter and experiment.
Cripto247.com is not affiliated with OpenSea.io or Valuables, or MetaMask or any platform or product mentioned in this note. The concepts expressed in this non-sponsored article do not constitute a recommendation for use and are merely informative. Cripto247.com is not responsible for any consequences that may arise from the use of the platforms and/or products mentioned.
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