How To Create And Sell Your First NFT In 10 Minutes [Make Money With NFTs]
How to create and sell your first NFT in 10 minutes
The NFT industry is booming right now, with creators having tons of opportunities to make some extra money.
Even children under the age of 16 are testing their luck in the NFT sector, with many wondering how serious this NFT sector is.
When I mention ‘creators’, there is almost no barrier to entering the NFT space, meaning anyone can grab the upper hand.
However, many people are still in the dark about NFTs – they do not know how NFTs work, what they are and how to get started.
Although the NFT concept may seem overwhelming at first, it is very easy to understand.
In fact, starting to buy and sell NFTs is as easy as using a platform like eBay … with a few extra layers in the middle.
In this article, we will discuss how you can create and sell your first NFT in 10 minutes.
Here’s how you can make money with NFTs.
(Don’t forget to join our NFT Archive Discord Server here. Lots of great things coming up)
Benefits of selling NFTs
Before we make and sell our first NFTs, I wanted to know why you choose to sell NFTs.
There are other things you can do with your time to make some money, so why NFTs?
First, NFTs allow creators to earn revenue by making money out of their passion.
If you are an artist, photographer, traveler or anything in between, you can make money by doing things you love.
Not only that, you can generate passive income from it – when you make 100% on your first sale, you get royalties on every sale after that.
It ranges from 1% to 15% depending on what you want to set.
Finally, it is important to note that we are still far ahead in NFTs. By the time everyone catches the train, the departure will be of huge benefit to you.
So now let’s start talking about how you can create and sell your first NFT in less than 10 minutes.
Established social media
The first thing you need to do when creating NFT is to set up your social media.
You are not making millions of dollars just by making a few pictures and listing them on the market.
There is a motive behind some NFTs selling for millions and millions of dollars.
In many cases, audiences are behind the best-selling NFTs.
No one pays thousands of dollars for an NFT created by someone they have never heard of.
Before you start building your NFTs, make sure that people have an online presence where they can learn more about you and see that you are an active member of the community.
Twitter is currently the most popular social media platform for NFTs.
Twitter is great because you do not always have to post videos or photos – short tweets work well, which makes it easier to increase following.
‘Low is high’ is what Twitter itself says.
The other platforms I recommend are Instagram and TickTalk – unlike Twitter, these platforms are more visually driven.
That’s why it’s so important to create content that is natural on the platform you are using.
While short tweets work for Twitter, images / carousels work for Instagram and short, fast videos work well for TikTok.
If you are looking to sharpen your streak for stardom, I suggest you read my article on marketing your NFT collection – the same principles apply.
Even if you can sell NFTs without having an online presence, the chances of selling with the following are very high and the value of your NFTs will also skyrocket.
Imagine that you and The Rock created the same NFT – who is likely to sell the NFT at the highest price?
Create your nft
Now is the time to start being creative.
NFT space welcomes all kinds of madness and creativity, so wear your gloves, because it’s going to be.
If you are new to NFTs, you may think that only performers with NFTs have a chance of success.
This is the first mistake most people make.
NFTs are not just about art and JPEG. NFTs can be called ‘digital assets’ by anyone.
It also includes:
The possibilities with NFTs are truly endless.
Before starting work, determine in advance what you want to do.
Music is another trend that is becoming increasingly popular in NFTs, with many musicians looking to change their lives by converting their music into NFTs and selling it.
If you are a traveler, you can convert your photos or videos to NFT.
If you want to create artwork, you can use Photoshop or hundreds of other editing software online.
Many digital artists use their iPads and Apple pencils to create stunning artwork with software called Procrate, which they then sell as NFTs.
If you are not very creative, I suggest you use YouTube to learn how to create artwork online, as well as partner with a freelancer to create and sell the artwork you create.
Choose your market
Once you have created the art, it’s time to list it on the NFT Marketplace.
There is a wide range of NFT marketplaces to choose from and each has its own advantages and disadvantages.
Most NFT artists and collectors congregate at the most popular NFT marketplace, Opensea.
This means that you have a better chance of selling your NFTs in this marketplace.
However, if you look at the amount of NFTs being sold on the platform, you may find that your NFTs have gone along with everyone in the market.
Opense supports some of the most popular blockchains in the NFT space – Ethereum and Polygon.
While Ethereum is flexible, this blockchain has high gas fees, which are a transaction fee that you must pay every time you do anything on the Ethereum blockchain.
This leads to one of the disadvantages of using Opensea – Opensea usually incurs high gas fees for listing and purchasing NFTs.
If you are looking for an NFT marketplace where you do not have to pay gas charges, you can look at Mintable.
Otherwise, polygonal networks in Opensea are also referred to as ‘gas-free’.
While Polygon and Ethereum are great blockchains for selling NFTs, you can also try Solana – an upcoming blockchain that already sells many NFT collections and artifacts.
Solsi is the primary market for Solana based NFTs. At the time of writing this article, Solana is sitting at $ 114.50 and it has become a great blockchain to launch your project or sell your artwork.
For now, I suggest you use Opensea and sell on Ethereum blockchain.
Although it is a bit more expensive due to the gas fee, if you sell your art through Ethereum, you are more likely to sell and make more money.
People working at Ethereum are working on a new and improved ‘Ethereum 2.0’ that solves the problem of gas charges.
When many cryptocurrencies try to defeat them, Ethereum 2.0 becomes a huge game-changer for the entire blockchain space.
If you are still thinking about NFT Marketplace, I suggest you check out some more:
LuxRare is a new marketplace that offers $ LOOKS when you use it to buy and sell your NFTs.
Create your list
Once you have selected the platform, you are almost done.
For this step, I guess you have chosen Opensea as your chosen platform – if not, do not worry, almost all platforms follow the exact process.
Before we proceed, it is important to note that you need a cryptocurrency wallet to buy and sell NFTs.
The most popular wallet ‘Metamask’. Download the Google Chrome extension and set up your account.
It is very easy to set up and you can add multiple wallets under one account.
Without a MetaMask account, you will not be able to sell your NFTs – especially if you are on the Ethereum network, you will need to sign some transactions with gas charges.
Since I have not used them personally before, I can not comment on any other forum.
When you are in OpenC, click ‘Create’ – MetaMask Wallet will pop up and sign the transaction – you will not be charged here.
Now, you will be taken to a screen where you can set up your NFT to go on sale.
Opensea makes NFTs very easy to make and sell, here is the process:
Upload your property – be it video, image, GIF or music, you can upload it in the first box at the top of your page.
Name your NFT – it should be the same name as what you are selling.
External links – If you have a link you want people to take you to, put them here. You may have some information about NFT anywhere on the website, you can link it here (it is not required).
Explanation – What is your NFT, provide a little more information to the public about the backstory or explain the property in more detail.
If it is part of a collection, select the collection it goes to.
Next, read the options below and add the ones that apply to you. If you are creating a regular NFT, none of these will apply.
Change the blockchain to the blockchain of your choice, and then click Create.
Now, once your NFT is created you can click on ‘Sell’.
Choose between a fixed price or a timely auction and set the price you want to start or sell.
Set your listing duration and click ‘Complete List’.
Sign any transaction and you’re done! Congratulations! You just listed your first NFT for sale.
Before you anxiously check openness every minute of every day, take a break and take a deep breath.
If you do not have the following, there is a high chance that your NFT will not be sold immediately.
Creating and selling NFTs is not a quick fortune – it’s a way for creators to make extra money for things they love.
Patience as always, here is the name of the game.
Do not make NFTs because you are craving for money, create NFTs because it is your hobby and you enjoy making things.
In the meantime, go and celebrate this small victory – you have done something that millions of people did not expect and heard.
While you wait for your NFTs to sell, increase your online presence and make more NFTs.
People, one of the most successful NFT artists in the world, has been creating digital artwork every day since 2007.
Last year, ten years later, he sold one of his works, The First 5000 Days, for $ 69 million.
Be Persevering – Even if your first NFT does not make you rich, over time you will get more and more attention from NFT collectors and as your online presence grows you will continue to make more and more money from NFTs.
This way you can create and sell your first NFT in 10 minutes.
Was this article helpful to you?
If so, please let us know in the comments below – let’s start some conversation.
Share this article on social media and with others, let more entrepreneurs help make their dreams come true!