Basic Ideas About Creating the First Crypto NFT Art

What are the basic ideas about creating the first crypto NFT art? Previously, non-fungible tokens or NFTs were considered to be just simple Satoshis and unique crypto collectibles.

However, over time it facilitated connecting real world assets to it. This has cemented the way for the designers to put their ideas into some of the best forms of creative arts.

NFTs have now set a new standard of blockchain that allows developers to build blocks to create their own crypto NFT art.

In fact, this has now become the latest crypto trend in 2021. Creators now can use NFTs to represent any type of intangible as well as real items that includes and is not limited to:

  • Artwork
  • Music
  • In-game virtual items
  • Virtual land
  • Collectibles
  • Tokenized assets
  • Video footage and more.

If you want to create your own NFT art, you will not need an extensive knowhow of the crypto world or have immense technical knowledge.

It is pretty straightforward whether you create an image or a GIF. All you have to do is prepare yourself first and then follow a few simple sets of instructions.

In case you want to know how exactly you can create your crypto NFT art, this is the right place to be. Check out Crypto Glossary of Terms.

Here is a simple guide for beginners to know, right from the stage of preparing yourself to selling your crypto art.

Basic Ideas About Creating the First Crypto NFT Art

Basic Ideas About Creating the First Crypto NFT Art

Before you start with your crypto NFT art, there are a few things that you should know and have ready.

Choose the Option

Typically, you will have two specific options to create your crypto NFT art, namely:

  • Single and
  • Multiple.

Single, as it is evident, signifies a single piece of art which may be one of its kind. Multiple, on the other hand, can be a series of collectibles with a variation of themes.

Choose an Item

Next, you will need to select a particular piece of artwork that you wish to create. It may not be something expensive, but it surely needs to be something unique.

Remember, the NFT marketplace is flooded with such artworks and you will surely not want your piece to be lost in the crowd especially after putting in so much hard work.

Therefore, be very particular about whether you want to create a digital painting or just a simple piece of text, a video, or a music file.

The opportunities and ideas here seem to be endless as long as it is digital and can be represented as a multimedia file.

Things You Will Need

There are a few specific things that you will need to create your crypto NFT art. These are:

  • A specific file of specific capacity, usually 30 MB, which you want to use and that can be GIF, PNG, MP4, or others
  • The name you want to give to your piece of art
  • A short description of the same
  • A thumbnail of the piece.

When you have these things handy, it will not slow down the process of creating your crypto NFT artwork.

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Make a Decision

The next important thing to do if you want to be successful in your endeavor is to make some key decisions.

First, decide whether or not you want to put your creation on sale. If so, then you will need to decide on a few more aspects such as:

  • The sale price that you intend to set for it
  • Whether or not you want the content to be unlocked after a purchase is made and
  • The royalties which you wish to have on a resale if any.

When it comes to royalties, and if you are a beginner, it is best that you keep it low, preferably 5% or less.

Also, make sure that you double check your artwork to find any mistakes in it before uploading.

This is important because once it is done there will be very little that you will be able to do to undo them later on.

Perhaps, the most important decision that you should make before you start is the particular blockchain you want your crypto NFT art to be issued.

Ideally, you should go with the Ethereum based network because that is the leading one as of now in terms of NFT issuance.

However, there are also a few others that are good to consider and are quite popular such as:

  • Binance Smart Chain
  • Tron
  • Tezos
  • Cosmos
  • EOS
  • Flow by Dapper Labs
  • Polkadot and
  • WAX

Each of these blockchains comes with their respective standard tokens, marketplaces, and attuned wallet services.

Getting Ready

As said earlier, Ethereum is the best network because it has the biggest NFT ecosystem. Assuming that you go with it, here are the steps to follow to use this blockchain to mint your own crypto NFT art.

First, you will need to create an Ethereum wallet, if you do not have one already, with specific coin support, usually ERC 721. It can be a Coinbase wallet, a Trust wallet, or a MetaMask.

Next, you will need to deposit an amount in it, around $50 to $100, in ETH or Ether. You can buy these coins from any cryptocurrency exchange.

Once you make your deposit, you will be offered with several platforms that are NFT-centric.

All you have to do now is connect your wallet and upload the chosen file or image to create your own Non Fungible Token art.

Steps to Follow

Now it is time to know the steps to follow to finally create your crypto NFT art. It is simple and just needs a little bit of focus.

First, look for the ‘create’ button on the platform. This button is usually located at the top right-hand corner of the screen.

Click on the button and then connect your wallet with the marketplace when prompted.

It will ask for the password for it and you may also need to sign a message digitally. This is to prove that the wallet belongs to you and there are no fees charged for it.

Next, you will need to click on ‘my collections’ and once again on the ‘create’ button below.

This will direct you to a window where you can upload your piece of art. Make sure that a name and a short description are added.

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After you do so, the image will show up. Here you will require adding an image of a banner as well to the page.

You will need to use the pencil icon for this which you will find at the top right corner, usually.

Now, it is all set to create your NFT art. Tap the button that reads ‘Add New Item’. Here, once again, you may need to sign another message by using the wallet.

This will take you to another new window. It is here you will have to upload the NFT image.

Depending on the specific marketplace chosen to create your NFT art, you may also be offered with an additional option to add special attributes to your creation.

This will boost up its uniqueness and also add to its scarcity, both of which will influence its selling price.

You may also have the option to lock your content so that no other person than the purchaser can view it.

To finish the process, click on the ‘create’ button at the bottom of the screen and once again sign a message with your wallet.

This will confirm your creation and your artwork will become visible in your collection.

Focus on Marketing

So you are done with creating your crypto NFT art. Now is the time you should focus on selling mint tokens.

This, ideally, will not be easy if you do not spend some time and effort on marketing your product, just as it is done for selling any new product launched in the market.

It will be unwise and pretty unproductive if you wait for someone to notice your creation.

It will take a lot of time, even if they do, and it will not take you far in your venture, even if you enlist your product successfully in the marketplace.

Marketing your product is the best approach and make sure that you focus on the existing NFT community.

It will be much quicker and easier for you to find someone who will be interested in your specific artwork.

Yes, this is the most difficult part and will have nothing to do with art.

However, people are very selective and unless you are a very prominent figure in this specific crypto space, you might end up waiting endlessly for your piece of artwork to get purchased by a kind person.

Selling Your NFT Art

When you are done with all these, you will be left with three more instructions that will be usually prompted on the screen.

It will take anywhere from half a minute to a couple of minutes at the most to complete these following steps:

  • Mint Token
  • Sign Sell Order and
  • Sign Lock Order.

When you want to sell your crypto NFT art in the marketplace, you will first have to locate it in your collection and click on it as well as on the ‘Sell’ button.

You will then be directed to the pricing page. Here you will have to put in the conditions for sale.

It may also include whether you want to sell it for a fixed price or put it in an auction.

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The type of crypto coins you will get after the sale will depend on the specific platform because most of these platforms prefer transactions made in their native tokens.

And yes, if you want to have royalties for your artwork, go to edit and select the type of coin you want to receive it in.

This is a good idea because you can earn a commission every time your piece of work is sold, allowing you to have a passive income for your entire life, courtesy of smart contracts.

However, if you are using an Ethereum network, your artwork may not show up straight away in your account due to the congestion in the network. Do not fret because it is still there and will surely come through.

Once it does, you can start marketing your artwork and join the wonderful community of crypto NFT art.

Once again, to sell your NFT crypto art, you should use one of the three primary Ethereum NFT marketplaces such as:

  • Rarible
  • OpenSea and
  • Mintable.

Just make sure whether you need to register with them for using their services along with other requirements that you need to fulfill.

The Cost Factor

If you are worried about the cost of creating a crypto NFT artwork, be informed and happy to know that it will cost you nothing, depending on the platform you choose to create it.

However, there are a few platforms that may charge a fee. For that matter, it is advised that you do some research before you jump into your project.

If you choose an Ethereum based platform, this fee, or ‘gas’ as it is called, may vary depending on the congestion in the network. The higher the congestion is, the higher the fees will be, and vice versa.

Pro tip: If you choose an Ethereum based platform, use it on the weekend when the gas fees will be relatively lower due to fewer people transacting over the network.

This will help you to keep the cost down, especially if you are creating and putting multiple artworks for sale.

Apart from that, you may also have to pay some fees if you want to list your NFT artwork on a marketplace, also depending on the specific platform you choose.

Therefore, be mindful of this aspect when you select a platform.

Conclusion

Creating your own crypto NFT art is relatively easy. The above mentioned steps will allow you to create the best artwork and sell it at a profit.

Just make sure you have the passion to be inspired and inspire others because it is not for everyone.