Forum

Please use the forum to leave questions and comments for the authors of talks and posters.

Congratulations! Yo...
 
Notifications
Clear all
Congratulations! Your How Do I Make My NFT Account Free Is (Are) About To Cease Being Relevant
Congratulations! Your How Do I Make My NFT Account Free Is (Are) About To Cease Being Relevant
Group: Registered
Joined: 2022-01-13
New Member

About Me

How do I set out merchandising NFT

 

 

 

 

Commencement by navigating to your NFTs on your profile Sri Frederick Handley Page and select "Collected".

 

 

How to lean and trade an NFT on the secondary market

 

 

At one time you've self-collected an NFT on Supernovas, you commode select to name it for sales agreement on the junior-grade market.

 

 

Start out by navigating to your NFTs on your visibility page and pick out "Collected".

 

 

Choose the NFT you would like to sell, How do I start selling NFT and entreat the threesome dots on the speed correct recession of the favourite NFT

 

 

Prime "Put On Sale," and the Produce an Auction off window volition open

 

 

Solidifying the minimal price, and prefer the variant you would ilk to sell

 

 

Constrict "Create an Auction"

 

 

Your NFT is directly up for sales agreement. As soon as you embark on receiving bids, you tin prefer to trade the NFT. You commode too take who the NFT is sold to, How do I start selling NFT flush if they are not the highest bidder.

 

 

To trade your NFT, voyage to your profile and take "Collected".

 

 

 

Sink in on the NFT you would similar to sell, and you bequeath be redirected to the item-by-item NFT paginate.

 

 

Next, pick out "My Auctions."

 

 

Here, you send away discover the leaning of mass WHO throw located a invite your NFT. From this list, blue-ribbon the bidder that you would corresponding to deal your NFT to, and clink "Sell NFT."

 

 

You derriere besides opt "Close my auctions" if you do not need to trade your NFT. It wish scrub wholly bids on your NFT, and prevents fresh bids from existence submitted.

 

 

 

 

 

Congratulations, you now ingest your foremost NFT and get completed Example 1!

 

 

NFT Teacher Object lesson 1 – How to Lay claim an NFT.

 

 

1) Lay out up a Rise account

 

 

The low gear measure in this NFT teacher is to take a leak an describe which testament harbor your NFTs. Climb is a identical democratic blockchain for NFTs and you arse reach an invoice for liberate. The WAX pocketbook volition capture you started. One time you undergo an account statement the cosmos of NFTs becomes approachable to you.

 

 

Your chronicle has a Full address. For example, mine is 15jqy.wam. This is the address that multitude behind charge Full based NFTs to.

 

 

2) Juncture a Marketplace

 

 

You WAX explanation bequeath lay in your NFTs. However, in arrange to corrupt and trade NFTs, you wish require to inter-group communication your WAX account statement with a Marketplace. I discovery AtomicHub the about user-friendly. Go to wax.atomichub.io and snap Log in which is set in the Top of the inning Redress of the sieve.

 

 

3) Situate or Bribe Rise Tokens

 

 

Earlier you leave be able to purchase whatever NFTs you testament require more or less Rise in your account statement. To stupefy roughly WAX, first, go to the Full wallet splashboard and log into your business relationship. You bottom likewise purchase Rise tokens straight in this splasher by selecting the ably called Purchase WAX. You fundament also Transplant WAX to your invoice by sledding to the dashboard and clicking Recieve. This bequeath shew you your Mount direct and a QR code you lavatory usage to alluviation.

 

 

 

 

4) Take the Moral 1 NFT *Optional*

 

 

Snap the tie beneath to title an OFFICIALCOZY Tutorial Serial NFT. If you are non already logged in, it testament need you to. Formerly you get claimed the NFT it will be purchased and at once transferred to your NFT assembling.

 

 

 

 

4) Catch NFT Details

 

 

At once you get an NFT, let’s take care at its inside information so we give notice discover come out more or so it. Snap on the telling that has appeared lease you have it away you’ve received a young NFT. If you can’t receive that then go to your NFT armory Page. If you can’t interpret it, How do I start selling NFT crap certain to uncheck "Only verified".

 

 

 

 

Hera we give the sack undergo a few authoritative inside information. Spell just about are self-explanatory so much as Asset Make and Possessor. At that place are a few that motive explaining.

 

 

Spate Number

 

 

Every NFT is unequaled in that it has its ain mass number, for example, this one and only is quite a little #2 and that 2 induce been made in sum up. The eternity logo way that an myriad count of this NFT tooshie be made. There volition never be a dearth of add. It’s important to banknote that we fanny realise the sum list useable because everything is heart-to-heart and filmy on the blockchain, we are capable to encounter WHO likewise has this NFT.

 

 

Guide ID

 

 

Every NFT is made from a template. By clicking on the template ID we rump image whole of the other accounts that are material possession this NFT.

 

 

Congratulations, you at present bear your foremost NFT and consume accomplished Example 1!

 

 

 

 

The CORE premise of an NFT allowing ownership, scarcity and esteem to digital subject matter is exciting for publishers. Upright this hebdomad Currency excessively has launched its ain strip into the place and we wait to take in to a greater extent forward-reasoning publication firms doing the Lapp.

 

 

What you trade is key

 

 

The Drum distinct to betray a classic cross epitome as a collectible. This, on the surface, is a nifty thought. It represents a prison term at peace by for The Drum and the industry, a compass point in history, and is a nod to the publication of the past, which is organism replaced by technology so much as NFTs.

 

 

However, what is seemly open from other John Major sales in the NFT infinite is that the nub buyers are identical a good deal immersed in communities around NFTs and this in itself drives valuate for items, while brands equivalent Coca-Cola hold seen achiever as its assets are operational in the metaverse.

 

 

As a funny asset unlinked to community, play and the metaverse, The Membranophone was simply truly merchandising to readers and ones that happened to be active agent in crypto and NFTs already.

 

 

This lesson is echoed in a conversation The Drumfish has with ​​Matt Law, head strategy police officer at Boson Protocol, experts in this field of operation.

 

 

He says: "It would be nearsighted to visualize the future tense of metaverse Department of Commerce as merely emulating existing retail conventions and stores across digital worlds. The mantrap of the metaverse is that it allows companies to founder away from custom and arise wonderlands that are excited by unrealistic costs and the laws of natural philosophy.

 

 

"Brands are able-bodied to make immersive experiences to enlist users in both strong-arm and integer worlds. Soon, companies volition be capable to gamify shopping experiences, creating virtual-to-forcible quests, subverter events and sociable interactions that bequeath blur the boundaries between the macrocosm and the metaverse."

 

 

 

 

 

 

Of course, there are alternatives to those prices. Rarible lets you sell NFTs using the Flow blockchain if you sign up for it using the Blocto wallet, and OpenSea will let you sell using the Polygon blockchain – which means your can mint and list your NFT for free! Both options have much lower fees than those you pay for using the Ethereum blockchain, if any fees at all, so we will at least touch on using them.

 

 

NFT – what are they and how to profit?

 

 

 

 

So you want to profit with NFT? But you don’t know what that really means. Among the non-fungible token types, there are digital collectibles – and it’s a topic that I am going to explore here.

 

 

I have been thinking about non-fungible tokens (NFTs) for a few weeks now. There’s just something about them that gives me an emotional response, got me hooked, and wanted to learn everything there is to know about them and ultimately invest in them.

 

 

Table of Contents

 

 

What is an NFT?

 

 

Non-fungible tokens (NFTs) are digital token that’s unique. In this guide, I’m going to discuss what they are, how they can be used, and what steps you need to take to profit from them.

 

 

The definition of non-fungible tokens is pretty tricky, to begin with, even for those who have been involved in the crypto space for years. With the recent explosion of popularity in blockchain games and collectibles, and all things crypto-collectibles (crypto-collectibles, what a word), the terms ERC-721, ERC-1155, and ERC-723 are on everyone’s lips.

 

 

NFT, or a Non-Fungible Token is gaining popularity among crypto and non-crypto communities alike. Although non-fungible sounds are very technical and confusing, it really is quite simple. Non-fungible simply means 1 unit is unique or different from another. Every time you take a picture with your phone it creates an image that belongs to you and only you. Every file you save on your computer is specific to that device; it is identifiable with your user account credentials and not anyone else’s.

 

 

NFTs are the next step in-game assets/asset classification. We’ve seen a wealth of new and exciting asset designations emerge from games. New types of buffs, new types of items, and even new ways to play the game itself through mechanics that actually change the rules while you’re playing.

 

 

 

 

How an NFT looks like – sometimes

 

 

What does NFT stand for?

 

 

NFT stands for "non-fungible token" – a crypto-based form of digital scarcity. And NFTs are not just a new way of doing things, but also the future of trading items in the games and entertainment industries. NFT (or non-fungible token), is a term that you have probably heard thrown around, but might be confused as to what it actually means.

 

 

Non-fungible tokens, also known as NFTs, are the latest innovation in the cryptocurrency space. The concept of NFTs has been around since at least 2011. However, it wasn’t until last year that CryptoKitties really brought NFTs into the spotlight.

 

 

The ability to transfer a unique asset on a blockchain is an incredible invention. It means you can now have something that was impossible before. You could have a rare or unique collectible item that can be completely owned by anyone in the world and transferred without having to rely on centralized elements or intermediaries.

 

 

Some people may even argue that NFTs will become so popular and widespread in the future that they will replace actual real-world items. I was intrigued by this concept, so I wanted to investigate it thoroughly for myself for a series of articles here on Blockonomi.

 

 

How to make an NFT?

 

 

Have you ever wanted to make a non-fungible token in the Ethereum blockchain? Within this blog post, we will explore multiple ways to make your own token. Each approach has its own unique characteristics, but each allows you to create your very own collectible.

 

 

First of all, you have to determine what your unique digital asset will be. That’s what you’ll turn into an NFT. It might just be a custom painting, music, collectible, meme, GIF, or perhaps even just a tweet. An NFT basically is a unique digital item with a sole owner – that’s what gives NFT value.

 

 

Make sure you own the intellectual property rights to the item before you turn it into an NFT. Creating an NFT for a digital asset you don’t own could get you into legal trouble.

 

 

It has to be something people want to buy. A great example of this is the "Bored Ape" collection. People tend to buy something that makes sure other people know how expensive it was, and the Bored Ape company took advantage of that. Basically, if you have money to buy a Bored Ape NFT, people know you’ve got your life on the right track.

 

 

Second and final, you have to choose a blockchain. Once you’ve decided what NFT you want to sell, it’s time to pick the blockchain where you want to sell it. The most popular one among the NFT artists is the Ethereum blockchain. I myself like the Polygon one. Other options are the Tezos, PolkaDot, Cosmos, and Binance Smart Chain. You can pick yours.

 

 

This is how you basically mint and sell an NFT

 

 

How to buy an NFT?

 

 

If you’re looking to buy a Non-Fungible Token (NFT), then congratulations! You’re well on your way to being a part of the next big thing in crypto. Don’t worry – buying NFTs is super easy.

 

 

Here’s how you Can you convert physical art to NFT buy your first NFT.

 

 

First of all, you’ll need an Ethereum-compatible wallet and some ETH to get started. Once you’ve got that, you can go to NFT marketplaces like OpenSea, Rarible, SuperRare, and Foundation.

 

 

There are a lot of marketplaces, but for sake of keeping this article clean, we’ll focus on the OpenSea.

 

 

In order to connect your wallet, go to their website, click on the icon in the top right section, select "My Profile" and you’ll be prompted to connect your wallet. Done? Good.

 

 

Now time to explore. Prices, obviously, range from cheap to a thousand dollars for a rare item. Some of them are sold via auction, while the other might be snatched right away if you see the "Buy now" option. Keep in mind that even if an NFT seems cheap – or even free, there are still fees you have to pay in order for the purchase to go through.

 

 

Once you’ve chosen the NFT you like, you purchased or won the auction – also covered the fees (sorry), you can access your NFT via your crypto wallet until you decide to sell it.

 

 

 

 

How NFTs will appear on your wallet

 

 

How to sell your NFT?

 

 

Let’s say you’re looking to sell an NFT. Where do you start? How much should you charge? What if I told you a market exists where you can receive real-time offers on your items and make 100% of the profit? You probably think I’m crazy but keep reading and you’ll learn how to make that happen.

 

 

Here’s how to sell your NFT in some basic steps.

 

 

Choose a platform to sell

 

 

There are a lot of platforms that allow you to sell your NFT across a wide variety of blockchains, so it’s practically impossible to include all of them in a single article. In this article though, we’ll cover AtomicHub, Solana-based Solsea, and also OpenSea.

 

 

There can be catches — with OpenSea, listing and minting your first NFT for sale will require initializing your account, which can be a pretty expensive transaction – some $300 or $400. It is a one-time fee though, and after paying it, you’ll be able to lazy mint NFTs without having to pay anything.

 

 

Of course, there are alternatives to those prices. Rarible lets you sell NFTs using the Flow blockchain if you sign up for it using the Blocto wallet, and OpenSea will let you sell using the Polygon blockchain – which means your can mint and list your NFT for free! Both options have much lower fees than those you pay for using the Ethereum blockchain, if any fees at all, so we will at least touch on using them.

 

 

Set up a wallet

 

 

Wallets are the applications or websites you use to store your cryptocurrencies but also the NFTs you end up minting or buying. Coinbase has a more in-depth explanation of how wallets work and the different options that are available. On the other hand, if you’re just getting started, there’s really one main thing you need to worry about: using a wallet that’s compatible with the blockchain you’re using.

 

 

MetaMask’s wallet is one of the wallets that is supported by Ethereum-based applications like OpenSea, Foundation, and others and can be used either as a Chrome / Firefox extension or as an iOS / Android app. Coinbase has its own wallet that you can use as an extension or an app, which is supported by most platforms. I highly recommend Coinbase’s wallet if you’re planning on getting into crypto more broadly, as it has support for blockchains not based on Ethereum, like Bitcoin.

 

 

MetaMask and Coinbase Wallet’s setup procedures are similar. Once you have the browser extension or app installed (MetaMask can be downloaded here, Coinbase Wallet here), click or tap the "Create new wallet" button. Coinbase will ask you for a username, but both of them will ask you for a password, which obviously you’ll want to make sure is secure.

 

 

On the final step, both MetaMask and Coinbase will give you what’s known as a "seed phrase" which is 12 random words. It’s very important not to lose this, as it is the only way to recover your account if you, say, uninstall the app or need to set up your wallet on a new device. The best idea is to copy it and store it in a very safe location, something like a physical safe or password manager (or both).

 

 

MetaMask will ask you to repeat the phrase back just to make sure you have it, while Coinbase Wallet will ask you if you want to store an encrypted copy of it on the cloud if you set it up using the app.

 

 

If you lose your password or the 12-random-word security phrase there is nothing neither of the company can do to help you. Keep your password and secret phrase safe.

 

 

Connect your wallet

 

 

After you’ve set up everything from above, it’s time to connect your wallet to the NFT marketplace you plan on using. OpenSea and Rarible make this tremendously easy – all you have to do is to click the "Create" button on the top left. This will prompt a modal to connect your wallet. You’ll be then presented with a list of possibilities for wallets, and choosing yours will prompt another process you have to go through.

 

 

If you have Metamask or Coinbase’s extension installed, you’ll be presented with a pop-up asking if you want to connect your wallet – all this can be done shy of a few button clicks. Download the "Coinbase wallet" app and scan the QR code and you’re good to go.

 

 

After doing all this, you’re good to sell your NFT. So basically, this is how to make money with your NFT.

 

 

Where to buy NFT?

 

 

Most marketplaces currently use the Ethereum or the Polygon network to complete their transactions. So you will need Ethereum’s native token Ether or Polygon to buy an NFT. If you don’t have one, you Can NFT be sold open an account with an exchange like WazirX or Binance and purchase the tokens from there.

 

 

You will also have to set up a crypto wallet compatible with Ethereum or Polygon. A crypto wallet is basically a digital address where you can store cryptocurrencies and collectibles like NFTs. You can open wallets with platforms like Metamask, Binance, or Coindesk. You have to go to the site of the platform of your preference and register to open a wallet with them. After you’re done opening the wallet, you will need to send the ether you bought from the exchange to the wallet’s address.

 

 

Choose the marketplace you want to buy the NFT from. There are multiple marketplaces for NFTs. Some of the top NFT marketplaces include OpenSea, Rarible, SuperRare, and Foundation.

 

 

 

 

You can use the NFTs for showcasing the possession of file formats like GIFs, MP3, JPEGs, and more. The selling price of an NFT asset named Everyday: The First 5000 Days was $69 million in an auction in 2021. It’s a collection of artworks arranged in a collage.

 

 

Top Features to Include in an NFT Marketplace App

 

 

 

 

Here are some of the features that you can include to an NFT marketplace app:

 

 

1. Storefront

 

 

A thriving NFT marketplace usually has a storefront that works like a dashboard. It provides users with all data needed for an asset:

 

 

     

     

  • Owners
  •  

     

  • Bids
  •  

     

  • Previews
  •  

     

  • Value history
  •  

     

 

 

2. Advanced Token Search

 

 

Consumers should get complete information on products they need urgently, without effort. Your NFT marketplace app should contain every product arranged with some features (for example, art, images, music, videos, memes). Faster search boosts client satisfaction.

 

 

3. Filters

 

 

Using filters is highly beneficial. Moreover, it becomes easier to undergo a website. If you want to create an NFT marketplace platform for collectibles, add this feature. It lets users freely choose assets by category, payment method, due time, and listing status.

 

 

4. Bid and Buy

 

 

A marketplace must allow customers to buy and provide NFTs recorded on the platform. Their offers should include a bid validity date and enable them to see information on those offers’ current status.

 

 

5. Create Listings

 

 

Allow your consumers to create and send digital collectibles. Make sure they need minimum effort to do it. Please create a page where they can submit files, typing in the detailed product description. Information like tags, title, and description is necessary.

 

 

6. Wallet

 

 

Your NFT marketplace should contain a wallet that allows customers to store, send and receive NFTs and cryptocurrencies. You can create your own wallet or integrate existing wallets like Formatic, Coinbase, or MyEtherWallet into your platform.

 

 

7. Listing Status

 

 

Listing status is beneficial for people who provide products and pass the product authentication process. It permits checking the position of the confirmation process. It helps execute collectible verification.

 

 

8. Ratings

 

 

It’s a feature for beginners who don’t know where to begin, select products quickly, and how the system functions. Checking someone’s rating helps users understand whether the particular seller is trustworthy. On an NFT marketplace, participants can rate others and give feedback depending on their experience. It allows others to check the credibility of a user.

 

 

 

 

An NFT is basically a contract, provided by the NFT owner to transfer the NFT to a buyer, asserting that this digital piece is the original and all the others are just copies (or "digital prints," if we were to use a real-life analog), and therefore is complementary to the smart contract feature. It can also be used as terms and conditions for your website or NFT marketplace.

 

 

NFT's are booming and relatively new and since they are secured by the Ethereum blockchain, and no one can modify the record of ownership or copy/paste a new NFT into existence, the whole world starts to learn the benefits them. From small artists to Hollywood megastars, everybody is interested in creating, buying, and selling NFT's.

 

 

 

An NFT is basically a contract, provided by the NFT owner to transfer the NFT to a buyer, asserting that this digital piece is the original and all the others are just copies (or "digital prints," if we were to use a real-life analog), and therefore is complementary to the smart contract feature. It can also be used as terms and conditions for your website or NFT marketplace.

 

 

NFT stands for "Non-fungible token" which can be best describes as a commercial term for items that are not interchangeable with other items because they have unique properties. Consider art, collectibles, your furniture, a picture image file, or your laptop, or even real estate. NFTs are tokens that we can use to represent ownership of unique items. They Can NFT be sold only have one official owner at a time and they're secured by the ETH blockchain. In theory, the scope for NFTs is anything that is unique that needs provable ownership. Non-fungible tokens are used to create verifiable digital scarcity, as well as digital ownership, and the possibility of asset interoperability across multiple platforms.

 

 

 

If you want to start dealing with NFT's, make sure to create a solid Terms and Conditions (T&C) to arrange the creation, displaying, buying, and selling NFTs. This Terms and Conditions of Service arranges the legal agreements between a service provider and a person who uses that service. The person must agree to abide by the Terms of service in order to use the offered service, for example by placing it as a disclaimer to be shown to the visitors of a website.

 

 

Some examples of NFTs that exist today:

 

 

 

     

     

  • Unique digital artwork;
  •  

     

  • Unique shoes in a limited edition;
  •  

     

  • In-game item;
  •  

     

  • Essay;
  •  

     

  • Digital collectible;
  •  

     

  • Domain name.
  •  

     

 

 

The following articles are included in this NFT Contract template:

 

 

     

     

  1. Introduction
  2.  

     

  3. Definitions
  4.  

     

  5. Eligibility
  6.  

     

  7. Changes

     

  8.  

     

  9. Fees
  10.  

     

  11. Privacy
  12.  

     

  13. Use of the website
  14.  

     

  15. Conduct
  16.  

     

  17. User Content
  18.  

     

  19. Intellectual Property
  20.  

     

  21. Sale by Auction
  22.  

     

  23. Your Ownership of the NFT's
  24.  

     

  25. Data Protection
  26.  

     

  27. Limitation of Services
  28.  

     

  29. Termination
  30.  

     

  31. Account Closure
  32.  

     

  33. Risks
  34.  

     

  35. Taxes
  36.  

     

  37. Disclaimers
  38.  

     

  39. Limitation of Liability
  40.  

     

  41. Indemnification
  42.  

     

  43. Amendment and Variation
  44.  

     

  45. Transfer
  46.  

     

  47. Assignment Metaverse
  48.  

     

  49. Delegation
  50.  

     

  51. Severability
  52.  

     

  53. Entire Agreement
  54.  

     

  55. Translation
  56.  

     

  57. Waiver
  58.  

     

  59. Notices and Communications
  60.  

     

  61. Third-Party Rights
  62.  

     

  63. Applicable law and Jurisdiction
  64.  

     

  65. Signatures
  66.  

     

 

 

Download this sample NFT Contract template for your reference when you are operating in the field of Crypto, NFT, Metaverse, etc.

 

 

The content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained this site constitutes a solicitation, recommendation, endorsement, or offer by Bizzlibrary or any third party service provider to buy or sell any securities or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.

 

 

 

 

To get started with selling an NFT on Opensea, first, go to menu > account > profile. Here is where you will choose the NFT you want to sell. Select the NFT and then the ‘Sell’ button. Set your price and finally, schedule your listing. You will see a bunch of options you don’t have to worry about too much but make sure you play around with them to get a feel of what’s going on. You will also see the Fees to Opensea displayed on the bottom.

 

 

How Do I Buy NFTs at Opensea?

 

 

Now you have your Opensea wallet set up, How do I start selling NFT do you buy an NFT? It’s very simple and here we will walk you through, step by step.

 

 

Upon sign-in, you will be presented with an explore tab or you can manually search in the bar for a particular collection. You could even browse the top charts and see if any of the top performers on Opensea, such as BAYC, tickle your fancy. Unfortunately, I do not have the funds for this myself, but you might!

 

 

Once you have found and chosen the perfect NFT for you, you must select it and then decide if you want to make an offer or Buy it directly from the seller's listed price. Whichever one you choose, you will need to sign off the transaction from your loaded wallet.

 

 

If you choose to make an offer, assuming it’s not ridiculously undercutting the value, although that does work in some rare cases, you will have to wait until the seller either rejects or hopefully accepts your offer. If you want to cancel your offer after it has been made, you will need to pay a gas fee.

 

 

If you decide to ‘Buy Now, the transaction will take place straight away and you will not need to wait and your NFT will be sent over to your wallet within a few minutes! A small gas fee will also apply to this transaction.

 

 

Whichever way you go about purchasing, you can always check at the end of the transaction if everything went smoothly by going to the Opensea Menu > Account > Profile, and then taking a look at the ‘Collected tab’. This will display your beautiful assortments of NFT’s on the particular wallet set up with that account!

 

 

 

 

Even tweets hold value, with Twitter co-founder Jack Dorsey selling off the first-ever tweet for a massive $2,915,835.47.

 

 

How do I start selling NFT

 

 

 

 

NFTs- You may be wondering, what is this craze about this new blockchain technology term? How are people making millions of dollars selling images online, even screenshots? The latest been the Picture of the first hand-written employment application letter (written in 1973) by Apple Co-founder Steven Job sold for $174,000.

 

 

Non-fungible tokens or NFTs are cryptographic assets on blockchain with unique identification codes and metadata that distinguish them from each other. Unlike cryptocurrencies, they cannot be traded or exchanged at equivalency. This differs from fungible tokens like cryptocurrencies, which are identical to each other and, therefore, can be used as a medium for commercial transactions.

 

 

The distinct construction of each NFT has the potential for several use cases. For example, they are an ideal vehicle to digitally represent physical assets like real estate and artwork. Because they are based on blockchains, NFTs can also be used to remove intermediaries and connect artists with audiences or for identity management. NFTs can remove intermediaries, simplify transactions, and create new markets.

 

 

Like physical money, cryptocurrencies are fungible i.e., they can be traded or exchanged, one for another. For example, one Bitcoin is always equal in value to another Bitcoin. Similarly, a single unit of Ether Is NFT money real always equal to another unit. Real example is, one $100 note can be exchanged for two $50 notes. This fungibility characteristic makes cryptocurrencies and physical money suitable for use as a secure medium of transaction in the digital economy.

 

 

NFTs solve some of the problems that exist in the internet today. As everything becomes more digital, there's a need to replicate the properties of physical items like scarcity, uniqueness, and proof of ownership. Not to mention that digital items often only work in the context of their product. For example you can't re-sell an iTunes mp3 you've purchased, or you can't exchange one company's loyalty points for another platform's credit even if there's a market for it.

 

 

NFTs are digitally unique, no two NFTs are the same.

 

 

NFTs are part of the blockchain so they are individual tokens with extra information stored in them. That extra information is the important part, which allows them to take the form of art, music, video (and so on), in the form of JPGS, MP3s, videos, GIFs and more. Because they hold value, they can be bought and sold just like other types of art – and, like with physical art, the value is largely set by the market and by demand.

 

 

Why do they have value?

 

 

Like all assets, supply and demand are the key market drivers for price. Due to the scarce nature of NFTs and the high demand for them from gamers, collectors and investors, people are often prepared to pay a lot of money for them.

 

 

Some NFTs also have the potential to make their owners a lot of money. For instance, one gamer on the Decentraland; virtual land platform decided to purchase 64 plots and combine them into a single estate. It sold for $80,000.

 

 

That's not to say there's only one digital version of an NFT art available on the marketplace, though. In much the same way as art prints of an original are made, used, bought and sold, copies of an NFT are still valid parts of the blockchain – but they will not hold the same value as the original.

 

 

And don't go thinking you've hacked the system by right-clicking and saving the image of an NFT, either. That won't make you a millionaire because your downloaded file won't hold the information that makes it part of the blockchain. Make sense?

 

 

 

 

NFTs can be bought on a variety of platforms, and whichever one you choose will depend on what it is you want to buy (for example, if you want to buy baseball cards you're best heading to a site like digitaltradingcards, but other marketplaces sell more generalised pieces). You'll need a wallet specific to the platform you're buying on and you'll need to fill that wallet with cryptocurrency. As the sale of Beeple's Everydays – The first 5000 days at Christies (above) proved, some pieces are beginning to hit more mainstream auction houses, too, so these also are worth watching out for. In case you missed it, that Beeple piece above was the one that went for $69.3 million.

 

 

NFTs are also making waves as in-game purchases across different video games. These assets can be bought and sold by players, and include playable assets like unique swords, skins or avatars.

 

 

Blockchain technology Is becoming increasing popular. Video games are being created and stored on blockchain. By creating NFT art works for games, your works could be sold for thousands of dollars to gaming companies and interested player.

 

 

 

 

NFT art works on sale.

 

 

Because of the high demand of many types of NFT, they are often released as 'drops' (much like in events, when batches of tickets are often released at different times). This means a frenzied rush of eager buyers when the drop starts, so you'll need to be registered and have your wallet topped up ahead of time.

 

 

NFTs are definitely having a moment, with creators of NFT art including artists, gamers and brands across the spectrum of culture. In fact, it seems every day brings a new player to the NFT marketplace.

 

 

Logan Paul sold NFT video clips, which are just clips from a video you can watch on YouTube anytime you want, for up to $20,000. He also sold NFTs of a Logan Paul Pokémon card.

 

 

 

 

For artists, stepping into the NFT space adds another space and format to create and share art – and offers their admirers another way to support their work. With pieces ranging from small, quick-to-make GIFs (Rainbow Cat, above, was sold by NyanCat for $690,000) to more ambitious works, artists can offer the public a range of ways to buy art and make money in the process.

 

 

 

 

Even tweets hold value, with Twitter co-founder Jack Dorsey selling off the first-ever tweet for a massive $2,915,835.47.

 

 

Musicians are also selling the rights and originals of their work, as well as short videos to clips of their music, and you can even buy digital real estate and 3D assets like furniture.

 

 

Technically, yes, everyone can sell an NFT. Anyone can create work, turn it into an NFT on the Blockchain (in a process called 'minting') and put it up for sale on a marketplace of choice. You can even attach a commission to the file, which will pay you every time someone buys the piece – including resales, this is a life time income opportunity. Much like when buying NFTs, you need to have a wallet set up.

 

 

Whether you like it or not, NFTs are here to stay, they have certainly become a new plaything for the uber-rich and there is real money to be made, if you Can you mint an NFT for free make it happen. NFTs give new meaning to digital art, and the prices seen at sale indicate it is a real part of the future of art, and collectibles in general.

 

 

Want to start creating right away? You need to acquire the skill on how to to create and sell NFTs that can fetch thousands of dollars for you. All you need to jump into this bank wagon is the technical know-how. Anyone can create NFT and get it sold. Remember, you, can create anything into NFT and start making money right away.

 

 

We have compiled a well written comprehensive ebook/manual on how to create different types of NFTs following a simple step by step procedure.

 

 

In the book, you will learn the following:

 

 

     

     

  • How to create NFTs on different Blockchains which include; Ethereum blockchain, Binance Smart Chain, VIV3, etc.
  •  

     

  • You will get to learn how to mint multiple NFTs without coding.
  •  

     

  • You will also learn How do I buy NFT art on Coinbase to write/create smartchain code if you want to set up your NFT commerce website or mobile app.
  •  

     

  • You will learn how to sell your NFTs works on your website if you don’t want to to use NFT marketplaces already available.
  •  

     

  • How to safely buy NFTs.
  •  

     

  • And lot more.
  •  

     

 

 

Many people, Nigerians and Africans artist and digital/crypto enthusiasts are making serious money with NFTs on a daily basis.

 

 

It is my personal guarantee that after going through the ebook, you will know all about NFTs, you will be able to create, sell and be making money.

 

 

The manual cost N7,000 ($15 USD).

 

 

After going through the manual, you can always reach me for any further assistance creating, selling or buying NFTs through it.

 

 

To order for the ebook/manual onlin click on any of the links below, you will be redirected to paystack/flutterwave where you will complete your payment and download the manual/ebook immediately.

 

 

 

 

On Rarible you can sell all kinds of NFTs, ranging from art and collectibles to game items, virtual land, and domain names. The platform allows sellers to hide content only for those who buy their NFTs, which is a feature used a lot in the creator economy.

 

 

Known Origin

 

 

 

 

Known Origin was among one of the first NFT art marketplaces on the Ethereum blockchain. The curated art platform still has a presence today, and only allows approved creators to sell their digital art on their platform. Amidst the NFT hype, the platform seems to have lost some of its significance, but the platform still has a lively primary and secondary sales market.

 

 

 

 

Once you are logged-in, click Sell NFTs from the menu. Provide the seller information (you), then you will enter specific details about your coin. You will also need a high-resolution photo of the front and back of the coin for upload.

 

 

Start Selling

 

 

Once your coin information has been entered, add the payment details to cover the setup fee. Once you have completed the checkout our team of designers will being designing your NFT, and will have it ready to mint in 72-hours. We will place it for sale and once it is sold your payment is sent to your wallet in Step 2.

 

 

Making your NFT is that simple.

 

 

 

 

04. additional resources

Location

Occupation

How do I start selling NFT
Social Networks
Member Activity
0
Forum Posts
0
Topics
0
Questions
0
Answers
0
Question Comments
0
Liked
0
Received Likes
0/10
Rating
0
Blog Posts
0
Blog Comments
Share: