Non-fungible tokens (NFTs) have been the talk of the town lately with the rise in popularity of digital art. Although there are many misconceptions about what NFTs are and how they work, the concept is becoming increasingly popular.
NFTs essentially represent ownership of a digital asset, such as a piece of artwork, and can be bought and sold on specialized marketplaces. So, if you’re an artist looking to create and sell digital art, NFTs may be the way to go.
Creating an NFT for digital art is fairly straightforward. The first step is to choose the artwork that you would like to tokenize.
This could be a painting, a photograph, or any other type of digital art that you have created. Once you have selected your artwork, you will need to decide which platform to use for tokenizing it. There are several options available, including Ethereum-based platforms such as SuperRare and Rarible.
Once you have decided which platform to use, the next step is to register for an account. Each platform has its own registration process, so it’s important to read through all the information carefully before signing up. After registering for an account, you will need to upload your artwork and fill out any additional information that is required by the platform.
Once your artwork has been uploaded and all of your information has been filled out correctly, it’s time to create your NFTs. This is done by setting up a “smart contract” on the blockchain – essentially this is like a set of rules that will govern how your tokens can be transferred between buyers and sellers.
Finally, once you have created your smart contract and set up your NFTs, it’s time to list them on one of the marketplaces that specialize in selling digital art via NFTs. There are several popular platforms available including OpenSea and Mintable – each with their own set of features and fees. It’s important to read through all the information carefully before listing your tokens in order to make sure you get the best deal possible.
Conclusion
Creating an NFT for digital art isn’t overly complicated but does require careful thought in order to ensure that everything works correctly. By following these steps – choosing artwork, selecting a platform for tokenizing it, registering for an account on that platform, creating smart contracts on the blockchain and then listing them on one of many specialized marketplaces – anyone can easily start selling their art as Non-Fungible Tokens (NFT’s) online.