Are you a digital artist trying to advance your career? Perhaps an entrepreneur who has heard about the NFT trend and wants to get involved? Whatever the situation may be, the first step you must do is to learn how to make NFT art.
In general, developing NFT artwork isn’t all that tough. This is especially true if you’re already familiar with the crypto realm and understand how blockchain technology works. However, for total newcomers, everything may not be as apparent as day. If you fall into this group, don’t worry – I’m here to walk you through developing your first digital art NFT and posting it on the world’s most popular non-fungible token marketplace.
What Is the Use of Learning How to Make NFT Art?
If you’re one of the many skeptics out there, you might wonder why you should learn how to make NFT artwork. It’s nothing more than hype – this trend will fade in a few months.
To be sure, if you’re reading this, you probably don’t see it that way. Still, it’s worth considering some of the most prevalent reasons people opt to enter the NFT market.
Simultaneously, later in the book, we’ll examine some of the prevalent anxieties and complaints of the area, taking a more in-depth look at them to determine whether they have any substance.
Gaining Access to a New Audience
Assuming you’re already a digital artist – or just a visual artist – one of the most significant advantages of diving into the realm of non-fungible tokens is exposure. There’s no disputing that cryptocurrency is popular. With governments making Bitcoin the official currency of the state and communities accepting cryptocurrency as a kind of tithing, it’s becoming clear that mainstream adoption is imminent.
Following that, as you can expect, crypto communities throughout the world are vast and increasing. This is likewise true of NFTs.
Artists that take part in non-traditional marketplaces typically expose themselves to whole new audiences and prospective customers of their work. While you would try to advertise your newly founded NFT firm to your current audience, this is only one side of the picture.
If you’re a new artist or haven’t been able to create a following up to this point, the NFT market can also serve as a type of launchpad to jump-start your career. Making your work stand out in the enormous sea of other artwork in chosen marketplaces isn’t easy, but it’s still a potential advantage of knowing how to create NFT art!
When you make an art piece and sell it, you only receive the initial payment. Perhaps the customer will promote your work to their friends or coworkers, and you will receive follow-up orders, but that is about it.
You don’t have to restrict yourself to one-time payments after you learn how to make NFT artwork and start selling your digital art NFTs. Instead, you’ll be eligible for lifetime royalties on any future purchases!
In terms of royalties, each NFT marketplace will have its own set of rules. Some will pay their artists roughly 2.5% in after-sale royalties, while others may pay up to 30% – that’s a tremendous difference! Sure, the latter are few, but it’s still a possibility.
A Vast and Constantly Expanding Industry
We are now in the market’s honeymoon phase as I write this instruction on how to produce NFT art. Everything regarding non-fungible tokens is thriving; estimated art values are rising left, right, and center and everyone is talking about it.
It would be naïve to believe that this expansion will continue indefinitely. However, one thing is becoming increasingly clear: NFTs are here to stay.
Being among the first to enter the sector offers several advantages. If you want to make money from your artwork, you must first develop a name and a reputation for yourself and your work. The sooner you begin, the sooner you will notice results.
Step-by-Step Guide on How to Make NFT Art
Whether you connect to the features stated above or have your unique motivations for wanting to learn how to produce NFT art, the procedure will be the same.
Step 1: Purchase Ether and Create a Crypto Wallet
Ether is the Ethereum blockchain’s native coin. Most NFTs and NFT markets live on this blockchain, thus if you want to learn how to make NFT art, you’ll be working with it a lot.
The very first step in generating digital art NFTs is to purchase some Ether currencies on an exchange and transfer them to a chosen crypto wallet.
In terms of exchanges, I would strongly advise you to use Coinbase. This is the world’s top crypto trading platform, and it provides its customers with a highly user-friendly means of buying, selling, and trading crypto. You may also look into Coinbase alternatives, but if you’re new to the market, this is the brokerage to use.
After you buy any ether, you’ll need a cryptocurrency wallet to keep it in. It’s not a good idea to leave your coins on an exchange, and you’d need a separate wallet to connect to an NFT marketplace.
Step 2: Select the Marketplace.
It would be hard to discuss how to develop NFT art without first identifying an acceptable marketplace. This is because most of the procedures involving NFT production take place in a physical marketplace.
If you already have a painting, sketch, picture, or character design ready to be made into an NFT, the next step is to find a marketplace. You cannot narrow down your audience, but you will also be able to ensure that the NFT development process is easy and seamless.
But how should you go about selecting the finest market for yourself? To be honest, whether you’re just learning how to make NFT artwork or an experienced merchant, one platform stands out above the rest: OpenSea.
Step-3: Connecting to OpenSea and Creating a Collection
To create your NFTs, you must first log into OpenSea using your MetaMask wallet. You’ll note that MetaMask isn’t the only wallet available – far from it! – but it’s the ideal option for both newcomers and those who want to keep things simple and quick.
To begin, go to the upper-right corner of the OpenSea official website and click the tiny wallet symbol. You must select MetaMask here. After you’ve connected, navigate to the “My Collections” page. We may find this in the drop-down menu beneath your profile photo.
When you choose to create a new collection, you will go to a page with several personalization options. You may pick a logo and a banner for your collection here, as well as add a description, establish a custom URL, select categories, and more.
After you’ve taken care of the visual aspects, you’ll need to organize your royalties, payment methods, and other data. Royalties must be determined by you, but cannot exceed 10%. That is the highest amount you may make on a follow-up sale on OpenSea.
You must also select the blockchain on which it will store your collection. This will also define which tokens you will take as payment for your NFT. If you’re just getting started with NFT artwork and aren’t all that knowledgeable about crypto, stay with the Ethereum blockchain and Ether as your preferred payment option.
When you’re through creating your collection, click Create and wait for the page to refresh. After that, you’ll go to your collection; in the upper-right corner of the screen, click to add an item. This is where you will construct a unique NFT.
Step 4: Design and Publication of an NFT
We’ve arrived at the point where your NFT will come to life! However, for that to happen, you must still fill out certain forms and configure the properties of your token.
The first thing you’ll need to do is upload your file to the site. This file can be nearly anything – an image, a photograph, a GIF, or anything else. If your NFT artwork includes 3D graphics, the file extensions will alter; OpenSea should still support them.
After you’ve uploaded the file, given it a name, and written a description, you’ll need to choose certain attributes and statistics for your NFT. These are primarily optional, but they will be useful.
Step 5: Working With Your Tokens
Everything we’ve spoken about relates to publishing your first NFT. While that’s excellent, it’s uncommon for an artist to want to mint and publish only one token – more often than not, you’d have a significant collection of your works!
This is when you should start improving your procedures and thinking strategically.
To begin, there are petrol costs. If you publish your NFTs one at a time, you will almost certainly incur significant expenses – not ideal. Instead, consider packaged publication, which allows you to mint a limited amount of tokens at the same time while reducing gas costs.
Keeping up with the latest cryptocurrency-related news will also be quite beneficial. Market congestion largely influenced Ethereum gas costs; the more transactions that are being completed at any moment, the higher the gas prices will be.
The network’s popularity also affected transactions, among other factors. So, if you can time the market well, you may save a lot of ether!
Following that, focus on your collections. Because you may establish a huge number of them on your account, make sure that all of your NFTs are in the correct one – this will assist your NFT artwork being located and will also allow potential purchasers to view some of your NFT artwork.
Step 6: Promote Your Project
What happens after publishing your NFT artwork?
Sure, you could just leave it there and hope that someone finds it. However, this is the incorrect approach; learning how to make NFT art does not end when you hit the “Sell” button. To be honest, this is only half of the procedure; the other half is as vital and centered on selling your tokens.
As I said previously in the article, OpenSea offers approximately 20 million distinct non-fungible tokens for you to investigate and purchase. That is a massive amount! While the marketplace is the industry’s NFT center, the high volume also means that your digital work will have a hard time becoming popular.
So, how do you plan to promote your tokens? It all depends.
Things are a little easier if you’re an artist with an existing fanbase. This means you already have a following of people who are interested in your work and offering the opportunity to buy it as non-fungible tokens might be an intriguing and eye-catching possibility.
If you don’t have a following or are just getting started with your social media presence, advertising your NFTs should go hand in hand with building that presence.
This is another aspect that we should mention in this instruction on how to make NFT art. You don’t have to be a well-known artist to take part in NFTs! While it certainly aids in the marketing of your work, it is not required. You may get your feet wet in the crypto field and then venture out!
How to Make NFT Art: Conclusions
What are the most important lessons from this essay about how to make NFT art?
There are a few, to be sure! To begin, NFT creation has a relatively high learning curve. Things will go a lot more smoothly if you’re familiar with the notion of crypto than if you’ve never heard of it before.
That being said, even if you’re new to the subject, you shouldn’t have too much trouble grasping the fundamentals. This is true if you have the core principle out of the way.
You may wonder what these principles are. They have to do with selecting the greatest wallet to store your NFTs in, as well as using the finest marketplace for all of your NFT projects.
It’s a simple decision in terms of money – if you want the finest of the best, look at Ledger. More particularly, your attention should be on the company’s hardware wallets’ Nano X model – it’s the wallet industry’s top dog and gives consumers excellent security, UI features, and overall usability.
Keep in mind that, even with Ledger, you will still require a particular software wallet to connect to most of the top-tier NFT marketplaces – MetaMask. This wallet enables communication with Ledger, so you should have no problems in this respect.
Finally, with NFT marketplaces, there is no better option than OpenSea. It is the world’s most popular non-fungible token market, and it provides an excellent and beginner-friendly experience for both makers and sellers, as well as customers.
Thank you for reading this post on how to make NFT artwork!