How to make an NFT

How to make an NFT: Create, Buy, and sell.

If you’ve searched for how to make a million dollars, You’ll get some results on google like Esports, Stock market, Real estate, and so on. Somewhere You heard about NFT can make you rich! Yes, In this blog post you’ll learn how to make an NFT. Moreover, The growth of the NFT marketplace has been worth 3 billion USD and a Compound Annual Growth Rate (CAGR) of 35.0% from 2022 to 2027.

This is the right time for you to make money on NFTs. However, This is the future and like this a lot more to come. All we need to do is how we can be a part of this.

In this article, you’ll learn how to earn money with it (How to create, buy and sell). If you’re not interested to create it by yourself. You can hire a Freelance NFT artist on Fiverr to create one for you. So, you don’t have to create but you can earn money by selling it. Let’s get into this!

What are NFTs? How NFT works?

NFTs are unique and non-fungible digital assets. Blockchain technology is used to create non-fungible tokens, and each token has a unique identifier. This means that each of them is unique and cannot replace by another.

If you’re like most people, the term “NFT” probably conjures up images of digital artworks or online games. And while it’s true that non-fungible tokens (NFTs) can use to represent both of those things, there’s a lot more to them than that. So what exactly are NFTs, and how do they work?

How to make an NFT

In the most basic sense, an NFT is a digital asset that is unique and cannot replicate. This is in contrast to “fungible” assets, which can easily divide and exchanged for other assets of the same type (think of dollars, for example).

Let me give you an example of what is it and what is not. If you have a thousand cash, it is not unique. The government can print another thousand. But if you own an NFT, It is unique and no one has it. No one can replace or create one like that.

NFTs are built on top of blockchain technology, which allows them to secure, store, and trade. When you buy an NFT, you’re really just buying a digital token that represents ownership of the underlying asset.

NFTs are valuable because they can use in a wide range of applications and ecosystems. Some of the most popular marketplaces are as follows:

  • Social media platforms like Dtube and there is a talk that Instagram is going to have a marketplace soon.
  • Game NFT marketplace.
  • Online NFT marketplace like the open sea, Kraken, and more.

We’ll go with the open sea here!

Why you should start NFT? Can NFT make you rich?

Why you should start right now? Still, NFTs are in starting stage and it has become one of the best ways to make money. It has much more available space for growth and innovation. They’re ideal for online transactions and other things because of the benefits.

These are the reasons that NFTs are growing rapidly:

  • Secure and tamper-resistant.
  • A secure and dependable investment.
  • They are one-of-a-kind, making them a valuable digital asset.
  • Useful in a wide range of applications.
  • Video games and other digital collectibles represent unique items.

Most importantly, because NFTs are stored on decentralized ledgers, authorities cannot control or confiscate them. So these are the primary advantages of NFTs. But how can you make money with them?

Did you know? A boy from nowhere started selling his own selfies as NFTs in a marketplace and the whole collection has sold for over 1,00,000 USD. Do you believe this? But it has happened on this earth.

How to make an NFT? Create, Buy, and sell 2022

Moreover, If you want to make people buy your NFTs, Make sure that your NFTs are more valuable than your price for them. Anyways, There are many methods by that you can make money by NFT, I’m going to share these two methods:

  • Create your own NFTs and sell.
  • Buy NFTs and hold the asset.

So, Let’s get on with these methods.

Create your own NFTs and sell

This is when you create your own NFT and start selling it in a marketplace. Before your start minting your NFT you should decide what you should create to sell. As I already said NFTs can be anything like pictures, digital art, music, Photography, and even selfies :).

If you don’t want to create one, You can hire a freelance artist to create one for you. I recommend Fiverr freelance NFT artist. It is a marketplace where you can hire freelancers starting from 5$.

If you want to create NFTs by yourself, Here is the way. For graphic designers or digital artists no worries, you can create a masterpiece of art and sell it as an NFT. For Non-designers, Here is the way:

Create NFT

How to make an NFT
  • Step 2: Create Pixels size: 400 X 200
  • Step 3: Search for Elements >> graphics
  • Step 4: Select which graphics you want to add and place them on canvas.
  • Step 5: Select background color, Click background >> Change the color of the background.
  • Step 6: Add the Text you want to add.
  • Step 7: Save and download

Here is, what I’ve created using canva. You can create like this to sell as an NFT as well.

How to make an NFT

List your NFT

Now you’ve successfully created an NFT to sell. Now you have to sell it on the open sea to make money. To list your NFT on the open sea, Here are the steps:

How to make an NFT
  • Make an account on the open sea
  • Make a wallet on metamask
  • Log in to your account and add some cryptocurrency to your wallet
  • Create a new collection in My Collection
  • Enter your NFT’s name, description, logo, category, URL, featured image, and any other information that is required
  • Choose your preferred blockchain (ETH or Polygon)
  • Set the display theme and the payment tokens you want to use
  • On the right side of your screen, click ‘Create’ and sign in with MetaMask
  • Your collection has now been completed!

That’s it You’ve successfully created and listed your NFT on the open sea. After you’ve listed your NFT, List your NFT in your collections on OpenSea. These are the steps to create and sell your NFT on the open sea.

Now let’s talk about the other way to make money on NFT:

Buy NFTs and hold the asset

Buying and holding NFTs as assets is one of the best ways to make money with NFTs. NFTs’ value is expected to rise over time, making holding them a profitable investment.

Is NFT a good investment?

NFTs are a great investment. An NFT has value because the buyer and their community believe it does, as is true of all art and collectibles. And, over time, an NFT develops its own personality based on factors such as who owns it and how they use it.

This is how you buy NFTs on OpenSea:

  • Create your wallet on Metamask.
  • Set up your account and store your 12-word phrase.
  • Transfer cryptocurrency to get started.
  • Create your account on the open sea
  • Login to your account on the open sea
  • Made research on the NFT marketplace
  • Select NFT you want to buy, Make sure it’ll be worth
  • Click Buy Now
  • Check out and make your NFTs purchase

That’s it, Simple. But before that, you should made deep research before buying an NFT and the risk involved behind. Make sure You can buy NFT believing you’ll make a profit from it. Moreover, NFTs are volatile, and it is not easy to predict their future. So, Make sure you’ll make a profit from the NFT you’ve bought.

After Buying your NFT, hold the asset until the price increase. Then sell, You’ve made a profit from NFTs for sure.

Is hiring an NFT artist worth it?

As NFTs are exploding day by day! Yes, Hiring an artist is a great investment. Why you should hire one on the Fiverr freelance site. Fiverr provides freelance services starting from 5$. Moreover, Fiverr freelancer can create NFTs for you with your digital ownership. So, that you can sell it in the marketplace on your own digital ownership.

Here are the steps to hire a freelancer on Fiverr:

Step 1: Sign up on Fiverr

  1. Step 2: Search artists based on their experience and feedback from previous customers
  2. Step 3: Contact him before hiring and interact with him/her. Discuss your requirements and if he/she can fulfill your requirement.
  3. Step 4: Hire him/her by clicking continue.

The benefit of hiring an NFT artist on Fiverr is you’ll be able to explore a wide range of professionals in one marketplace. You’ll get a high-quality result and many more benefits from hiring freelancers on Fiverr.

Can NFTs make you rich?

It’s no secret that crypto assets have made some people very rich. But can NFTs do the same?

NFTs, or non-fungible tokens, are a new type of asset that is quickly gaining popularity. Unlike traditional crypto assets, NFTs are unique and cannot be traded or exchanged for other assets.

Some people believe that NFTs could be the next big thing in crypto and that they have the potential to make people very rich. However, it’s important to remember that there is no guarantee that NFTs will become valuable or that they will make anyone rich. Like any investment, there is always a risk involved.

If you’re thinking about investing in NFTs, be sure to do your research and understand the risks before you put any money into them

Conclusion

In Conclusion: NFTs are great, But you need to made research on the marketplace in which NFTs will make you profit. You will make money on NFTs. Moreover, These are the two best ways to make money on NFTs. All you need to do is be inventive and come up with new ideas. When it comes to making money with NFTs, the sky is the limit.

So, go ahead and investigate all of your options. NFTs are still at the beginning stage, So, be a part of it and make money.

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