How to Create or Make an NFT?

You have probably heard gossip about how someone created an NFT token or a whole collection of
them and suddenly became rich by selling them for a huge sum. For instance, once upon a time, an
ordinary Indonesian student Sultan Gustav Al-Ghozali managed to earn $1 million by selling his selfies
through the OpenSea NFT platform.
May you follow this way? Of course, if you get knowledge of how to create an NFT art. Here, we will
delve into this information and introduce you to basic concepts.

Some background about NFT boom

In recent years, a real NFT boom took place all over the world. The popularity of non-fungible tokens
reached incredible heights. Celebrities and digital artists sell and purchase them for huge money.
NFT is often thought of as digital art, but it can also be ordinary sculptures, paintings, songs, poems, and
other objects that can be photographed and subsequently tokenized.
Even SMS or social media posts can turn into NFTs. For instance, the world’s first SMS in December 2021 was sold as an NFT for €132,000, and on the very first tweet, Twitter founder Jack Dorsey earned $2.9 million by also selling it this way.
So, what is it? The definition tells us that it is a unique certificate that serves as a confirmation of the
ownership of a digital asset. Almost anything can be turned into it: photos, GIFs, videos, and so on.
Blockchain is used to protect these tokens. Initially, NFT transactions were made only using Ethereum.
Currently, they can be carried out through a variety of other networks. Thus, you can choose what to
work with.
When the sale of this item occurs, all computers connected to the cryptocurrency network add data
about it to the general chain. It cannot be changed or deleted afterward. In fact, it serves as a certificate
of authenticity and uniqueness.
There are some classical standards such as ERC-721 for an NFT on Ethereum. The development of a
special smart contract is necessary for each of them. A special algorithm is created to generate and
manage data on the ownership of something.

What is needed to launch the process of creation?

How to make an NFT? First and foremost, the object or item that you are planning to turn into it is
required. Secondly, to do this, you must have a cryptocurrency wallet. As there are some fees for
different steps of the creation or subsequent purchase, there must be some supply of the
cryptocurrency.
Actually, anyone can do this. Still, the next question is where to launch the process. For this, there are
special platforms that work on different blockchains. The most popular of them are OpenSea,
Treasureland, BakerySwap, and others. In general, each of them is interesting in its way; the choice
mainly depends on the conditions for the process of creation and the convenience of the interface
specifically for you.

OpenSea

This is one of the most famous platforms of this kind. You can create here for free (not for sale); the
platform works on the classical standard.
Keep in mind that if you make your own NFT or collection precisely to subsequently sell them, a
commission will be taken for this action when you upload them to the marketplace.

Treasureland

This option allows you to both create and sell for free. The buyer of your works will cover all costs. You
will only have to pay a commission if you send previously created tokens for others.
BakerySwap
Here, a fee of 0.01 BNB (Binance Coin) is taken every time you launch the creation.

How to create an NFT?

After preparing everything needed, you still have to think over the idea of a token. Any unique file with artistic value or other unusual features can serve as a base for it. Consider digital analogs of real pictures or digital art, GIFs, melodies, video clips and movies, logos, and so on. There are even special items for blockchain games.

One important issue here is fraudster activity that become very widespread recently. The thing is that there are too many artworks on the World Wide Web, and someone can just steal images or something else for the NFT creation. Therefore, be careful with your intellectual property, as well as stay attentive while buying some tokens for your collection.

The algorithm for creation on each of the above-mentioned platforms is approximately the same. The difference can only be related to wallets and crypto that are supported on them, as well as in the interface of the websites. Thus, the general scheme looks like that:

1. To get started, you will need to register for the selected site or go through authorization utilizing a crypto wallet.
2. After this step, you must click the Create button. The corresponding page will open immediately.
3. Here, you will need to upload the digital object, come up with a name for it, and fill in a description for it.
4. After completing these simple steps, click the Create button at the bottom of the page.

That is all – your NFT is ready. Now, you can do with it whatever you wish. For example, try to sell it through the marketplace or send it to others.

How to create an NFT on OpenSea?

This is one of the most well-known and large platforms that host tokens for every taste and budget.
Therefore, first of all, we will tell you about its features and the process of creation based on it.
The instruction includes seven simple steps:

1. Select an object for the token.
2. You can further process the photo in a free editor.
3. Connect your wallet to the platform. Click Sign.
4. Go to the Create section and upload a chosen object.
5. Give it a name and write down the metadata and description.
6. Choose how many tokens to issue. The default is 1 piece.
7. At the very bottom, select the blockchain and click the Create button.
   That is all you have to do. Therefore, we can conclude that the whole procedure is more than
   convenient. After you do it once, there will be no more problems in further creations.

Example with creation via Binance.com

This is also a popular exchange with a marketplace that supports both Ethereum and Binance Coin
(BNB).
If you select this one for your creation, the procedure will consist in:

1. Registration of an account and passing a verification on Binance.
2. You will receive a standard crypto wallet that will be linked to NFT transactions. However, you
   can connect any other wallet on Ethereum.
3. Go to the Featured by Binance home page and click Create.
4. Upload a digital file (images, audio, video, etc.).
5. In addition, be sure to add a description (metadata) to your NFT.
6. Select the creation of one or several (collection or group) tokens.
7. Click the Create button at the very bottom. That is all.

The first 10 mintings on Binance are free, but after that, a fee of 0.000001 BNB will be charged every
time. This is much less than OpenSea takes.

What about collections and their creation?

Most often, crypto artists create not one or two tokens but a collection of hundreds or even thousands
of objects. The most famous collection – CryptoPunks – consists of 10,000 pictures. Each crypto-punk is
unique and different from the others, albeit a little.

How to work in this area to get a satisfactory result?

For example, the collection can be made from 100 images with an anime character. It is not necessary to manually draw a whole bunch of pictures. We need the original and blanks: several backgrounds, emotions, hairstyles, accessories, and eye colors (5 each).
Most often, artists generate collections through code: they write a utility that accepts blanks in the form
of layers and gives ready-made characters at the output.
Still, if you are not good with code, try using an image generator, which creates anime characters using
AI. You can also do the same procedure via the OpenSea platform. To do this, find in the menu there the
My Collections button, choose the option Create a collection, and fill in the data that are necessary for
this. Do not live blank lines.
You will need to add a logo and cover for your collection (Logo, Featured, and Banner images), give it a
name and a description, and select a category. At last, confirm the creation with the help of a
corresponding button. After everything is done, it will be possible to add ready-made or new tokens to
the collection here.

Creation of paintings

Of course, a piece of art is worth much more than a random image. Therefore, let us discover more
about this part of the process.
If you are a practicing artist, scan or take a good-quality photo of your finished work. Then make a token
out of it. You can also promise the buyer of the token to send the original NFT picture – this will help
add value.
In 2021, an NFT with a copy of a Banksy painting called Morons went under the hammer for 228.69 ETH,
after which the original painting was burned. The token’s value has only increased because of this.
You can also try to create NFT art.

That is, to draw a picture initially in digital form – on a tablet or
computer.

You can even do this in the basic Paint program and add effects in Photoshop.
Altogether, there are lots of options, and you can feel free to select the most appropriate.

What about selling your tokens?

To begin with, the token (or collection) must be listed on the particular platform. Then, your NFTs will
appear on the marketplace and be visible to buyers. For the listing of the novel items, OpenSea takes
2.5% percent of the cost, and placement on Binance is free.

Then think about the price. For this, focus on the market and check how much NFTs of the same level as
yours cost and whether they enjoy advertising and popularity among collectors. Of course, no one will
limit you in terms of price, but try to be realistic.

At last, set up an auction. If you can’t decide, let the buyers decide for you. Select the option: sale by
auction. You can set the duration of the auction and the minimum bid increment. After the end, the
token will go to the one who offered the most money for NFT.

The crypto market is different. So, an artist from the USA took a picture from the Internet, applied a
couple of effects, and sold an NFT GIF of a garbage can for $250,000.

FAQ

Can I do all these steps by myself?

Definitely. This is quite simple and inexpensive. To create an NFT, you can use any suitable platform that
you prefer. Details can be found in the article.

How much does it cost to create an NFT?

There is the possibility of free creation on OpenSea or Treasureland sites. As for the others, they can
charge some fees, which are generally relatively small. As for sales, there are obligatory fees that differ
between the platforms.

What do I need to start?

You don’t need any special knowledge to make your own unique NFT. The necessary minimum includes
the object itself or several of them together with a crypto wallet and a small amount of crypto to pay
fees if necessary.