How to Make and Sell an NFT in 2023 (Full Guide)
Whether you are a creator, artist, or designer, it’s good to learn how to make and sell an NFT. In old times, people used to create unique artwork and wait for their sale at a local auction. However, art has been turned into NFT that can’t be replaced or copied. So each artist has exclusive rights to their designs. But what is an NFT?
What is NFT?
NFT or Non-Fungible Token is something that can’t be replicated because a value is attached to it. It can be a painting, image, music album, song, or anything in the digital world. Since this art is taken as a token or piece of information, it is called NFT.
After hearing the crazy stories about selling NFTs and earning colossal profits, you must be eager to learn how to make & sell NFT artwork. So let’s dive deep into its details:
How to Make an NFT
The process of NFT creation is called minting. If you want to make an excellent NFT, 4AiPaw must be your way. This fantastic tool provides you with AI lucky dice prompt generator to create random text descriptions. You can keep generating the prompts until you get the one that suits your demands. Along with the automation, you can manually enter the text up to 500 characters limit. Ultimately, these prompts lead to NFT generation based on the latest AI algorithms.
More so, it offers a list of the art styles and artists to opt for the desired one. You can even choose the other aspects, like saturation and size of the output NFT file. Also, the processing will be quick and provide high-definition NFT. However, you can preview the NFT before downloading.
- Work on Android, iOS, and Browser on PC
- Let you share your generated NFTs on Discord
- Help you complete the processing in three simple steps
- Provide you with high-quality artwork or NFTs
- Offer a Chrome extension to improve accessibility
Steps on how to make an NFT using 4AiPaw:
Step 1.After opening the 4AiPaw website on your PC browser, press the “Start Creating” button. Here, you can enter the AI prompt manually or generate it by tapping the lucky dice icon on the right corner of the text section.
Step 2.Secondly, you are supposed to select the desired options from the “Style” and “Artist” sections. Also, expand the “Generate” drop-down menu to pick the NFT saturation and size.
Step 3.Once you have chosen all the aspects, hit the “Generate” tab and wait for a moment. After processing, click the “Download” icon to save NFT in your system. That’s all!
Prefer Using iOS/Android Apps?
For your information, the above steps remain the same for the iOS and Android versions of 4AiPaw.
How to Sell an NFT
NFTs have become an obsession for many. However, people feel confused about how to sell an NFT after minting your NFT. In this case, below are the seven simple steps to make revenue by selling your artwork as NFTs.
Step 1. Select an NFT Marketplace
The path to selling an NFT starts with selecting an NFT marketplace. Multiple platforms are available for NFT sellers and buyers. Let’s have a look at them:
OpenSea is one of the first platforms to buy and sell NFTs, such as crypto game items, art, and other digital collectibles. You can sign up for free, a unique feature compared to other NFT marketplaces. Its two NFT standards include ERC-1155 and ERC-721. No matter you have a tiny store or a large enterprise, you won’t get any restrictions here.
You don’t need to be a coder since it offers a lazy minting feature that allows you to mint after the NFT is sold to save up-front fees. However, the trading fee is 2.5% here.
2. Rarible NFT Marketplace
Rarible is another popular NFT marketplace. Along with offering the lazy minting option, it makes buying and selling much easier. It offers a diverse range of token selections; however, the dealings are done in Ethereum. Plus, it supports three crypto wallets, Ethereum, Tezos, and Flow.
Since the platform offers a verified badge, one can easily trust the sellers, but it takes some days to get the badge. Regarding the trading fee, it is also 2.5% here.
Being the largest cryptocurrency exchange, Binance also has an NFT marketplace. It supports different categories to sell an NFT, including sports, gaming, entertainment, art, and collectibles. Plus, it supports two blockchains, i.e., Binance Smart Chain (BSC) and Ethereum. You have to pay only a 1% trading fee, less for all the platforms.
The SuperRare platform is like a social media site for artists where they can’t only meet and collaborate but also sell an NFT. The sellers can show their complete portfolio that buyers can access before purchasing their NFTs.
Though Shopify is an eCommerce platform, it has accommodated NFT selling since 2021. It offers a D2C experience between resellers and creators. Instead of using other marketplaces, it allows creators to sell their NFTs directly.
One of the excellent benefits is the support for mobile payments, debit cards, and credit cards. However, you can use cryptocurrencies, including Ethereum, Polygon, Flow, and Near, for listing Non-Fungible Tokens.
Step 2. Make a Digital Wallet
The following requirement is to possess a digital wallet, but if you don’t have one, create one to hold cash in the digital world. The digital transaction requires a wallet, making it easier for you to pay and earn through NFTs.
Since various marketplaces support different cryptocurrencies, you must consider this factor while making a decision. Some of the top crypto wallets are here:
1. Meta Mask
Meta Mask helps you connect to the Ethereum cryptocurrency to sell or buy your NFTs.
2. Trust Wallet
Trust Wallet must be your way to go if you prefer a mobile wallet. It assists you in selling and buying NFTs, along with storing your tokens.
3. Coinbase Wallet
Instead of using a public blockchain, Coinbase Wallet lets you receive and send an NFT with your username. It offers an experience that is just like PayPal.
Step 3. Purchase Cryptocurrency
The next step is to buy the cryptocurrency of your choice; however, beginners are recommended to use Ethereum since it is supported by almost every marketplace. Purchasing money beforehand is to pay the listing and minting fees.
Step 4. Connect Crypto Wallet to NFT Platform
After creating your digital wallet and buying cryptocurrency, you need to connect the wallet to your NFT marketplace. Each platform offers a different procedure to perform this step. A simple marketplace like OpenSea requires only to press the “Create” button and enter your details. However, the description should be detailed enough to make the buyers trust your art.
You can also check the Royalty option for your marketplace that helps you earn when your NFT is sold further. To your comfort, OpenSea lets you set this royalty amount. Lastly, the fees differ for each marketplace, but sometimes, you must pay the gas fees while minting your NFT.
Step 5. Upload Your NFT
The most crucial step is uploading your NFT to the desired marketplace. After clearing all the payments, filling out forms, and preparing the best art shape, and suitable format, you are ready to upload your NFT.
Step 6. Set Up the NFT Price with the Listing
Once you have decided the price of your NFT based on multiple factors, like rarity, 30-day average price, utility, and rapport, it’s time to set the price with the listing. While listing, you can either write a fixed price or set an auction price.
Go to the “Sale” option for a fixed price. Otherwise, choose auction; the bidders will push for a high price to buy your NFT. Lastly, you need to pay the listing fees on every platform.
Step 7. Add a Description to Sell
Just like the artwork in the gallery offers a description of the art, who designed the art, the inspiration, the message, and everything, the NFTs also require a detailed description. Since the focus span of the buyers is shorter than in the art gallery, you need to write a captivating description with all the details.
Step 8. Accept the Suitable Offer
If you set the fixed price for your NFT, the marketplace will notify you when your NFT has been sold. But in the case of an auction, you need to keep a check on the potential buyers regularly. Whenever you see a suitable offer, accept it to sell your NFT and earn the desired amount. You are all done!
After reading the above article, you must know about NFT basics and how to make NFT art to sell. 4AiPaw is a safe and secure tool that lets you make an NFT not only online but also on Android and iOS.
You can generate an AI prompt with lucky dice and select all the parameters of your choice. After that, following the given steps will help you sell your NFT, where you can choose the desired crypto wallet and marketplace!