If you're interested in creating and selling your own NFT or a collection of NFTs, we've put together a step-by-step guide to help you get started.
There are various NFT platforms that offer tools for creating different types of NFTs. Whether you're an artist, musician, or collector, you can easily create your own NFT.
The process of creating an NFT is called minting. This involves converting your digital file into a digital asset on the blockchain, which can then be sold or exchanged.
Here are the steps to follow:
Choose the type of NFT you want to create
There are numerous types of NFTs that you can create, including works of art, event tickets, memes, media and music, games, or virtual items. These can be in the form of images, audio, or video files such as JPG, PNG, MP4, MOV, etc. You can also create NFTs for tangible items, such as valuable collectible figurines or photos signed by a celebrity.
Select the blockchain where you want to create the NFT
Choosing the right blockchain is essential, as it will keep a permanent record of your NFT. Some popular options include:
Ethereum: This is the most popular NFT blockchain, with thousands of collections available. However, transferring NFTs on the Ethereum network can come with high gas fees.
Solana: Designed as a faster and cheaper alternative to Ethereum, Solana offers transaction fees of less than $0.01. It uses both Proof-of-History (PoH) and Proof-of-Stake (PoS) consensus mechanisms, making it faster than Ethereum.
Flow: Another PoS blockchain designed for NFTs and decentralized gaming applications. It includes the popular NBA Top Shot NFT collection, making it a popular place to create sports collections
BNB chain : Late to the party but the NFT volume on BSC is increasing in comparison to other chain owing to lower transaction fees.
Set up an NFT wallet
Once you've chosen a blockchain, you'll need a digital wallet that supports it to store your NFT. Some popular wallets include:
MetaMask: A popular crypto wallet that supports a wide range of cryptocurrencies and the Ethereum and Solana blockchains. You can use it as a mobile app or install a browser extension.
Trust Wallet/safepal wallet: A digital wallet that supports ERC-721 NFT tokens and NFT collections on majority of blockchains. There is also a browser extension.
Ledger Nano: A cold wallet that guarantees the best security for your NFTs. Ledger Nano X supports both Ethereum and NFT collections on Solana.
Choose an NFT platform
There are many platforms for creating and selling NFTs. Each platform has its own NFT minting rules and fees.
Popular platforms where you can mint NFTs:
OpenSea: A popular platform that supports all types of NFTs. Supported blockchains: Ethereum, Polygon, BNB, Klaytn, Solana, Arbitrum, Avalanche, and Optimism.
Rarible: A popular platform built on Ethereum. Supported blockchains: Ethereum, Flow, and Tezos.
Binance marketplace: Currently, NFTs are minted on BNB Smart Chain and Ethereum (ETH). We will support more blockchains in the future.
Airnfts : This is Multichain NFT marketplace built on Binance Smart Chain, Fantom, Ethereum and Polygon where you can Mint, Buy. Sell and Earn with NFTs
Creating NFT
After choosing a platform, NFT creation is quite a simple process.
Below is an example of creating an NFT on Rarible:
1. Go to Rarible and click the "Connect Wallet" button in the top right corner of the screen.
2. Select your digital wallet (e.g., MetaMask) and give Rarible permission to view your accounts.
3. Click "Connect" and accept the platform's terms of service and age verification.
4. Return to the Rarible home page and click the blue "Create" button in the top right corner.
5. Choose between making one digital copy of your NFT or making multiple copies to sell the same item multiple times.
6. Upload the digital file you want to mint as NFT.
7. Next, you will be asked to choose how to sell your NFT file and set a minimum price after minting it.
8. Choose if you want to offer the full high-resolution version of your NFT.
9. Add a title and description for your NFT image.
10. Specify the percentage of royalties you want to receive for secondary sales.
11. Specify file properties such as color or size in pixels.
12. Click "Create".
13. Confirm the transaction in the crypto wallet (pay the gas fee).
14. Click "Confirm".
15. Sign the sales order by clicking "Sign" in your wallet. And that's it. Your NFT has been minted. To search for the created NFT, click on Profile > My Items. Your NFT collectibles will appear on the screen.
Additionally you can create an NFT in a very similar way on Binance Smart Chain, on the Binance exchange as well.
Please note : Only verified users can create NFTs on Binance, so you must complete Identity Verification on Binance exchange before you start. In addition, you need to have at least 10 followers on your Binance NFT user profile.
1. Go to the Binance NFT Marketplace and click on the [Profile] icon. Next, click [Created] - [Create NFT].
2.Read and accept the Binance NFT Marketplace Terms and Conditions.
3. You will be redirected to the minting page. Enter the details of your NFT, including:
a. Name: The name of your NFT;
b. Description (Optional): A brief explanation of your NFT;
c. Network: Select the network of your NFT. We have defaulted it to BNB Chain, but you can also choose to use the Ethereum network (ETH);
d. Collection: Select which collection this NFT will be categorized under from the dropdown list. You will only see the collections on the network you just selected. For example, if you selected BNB Chain, you will only see the NFT collections on BNB Chain.
e. You may select the collection you just created, or click [+ Add a new Collection] to create another one;
f. Properties: Select the properties for your NFT. You can click [Add More] to add up to 100 properties for your NFT.
4. Once the details are set, you’ll see an estimated minting fee. Read and agree to the Binance NFT Minting Rules and Terms of Service, and click [Create].
5. Your file will start to upload. Please wait patiently for us to review your NFT. It will be assessed via an automatic verification system. Once the minting process is complete, you will see a [Minting Completed] pop-up with the contract address and Token ID of your NFT. Click [View Item] to go to your collection, or click [List NFT] to list it for sale. If the system requires more time to process your NFT, you will see a [Successfully Requested] pop-up. You will be notified via email when your NFT is minted. You can enable the minting status notification from [Profile] - [Settings] - [Notification]. If the minting fails, you will see an error message. This could happen due to several reasons. For example, the review determines that your NFT contains inappropriate content. Please note that if this happens more than or equal to 5 times within 24 hours, you will be suspended from minting for the next 24 hours.
List NFTs for sale
Once your NFT has been created and is in your wallet, you can click the "Sell" button on the platform of your choice and choose the price you wish to list it at.
Once your sale details are completed, you can put your NFT up for sale. To do this, you will need to sign several transactions in your digital wallet, which may include payment of transaction fees.
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