How to make an NFT?

Before we begin let us introduce you to some main NFT knowledge.

We are sure as you know NFTs are stored on a blockchain, which is a decentralized public ledger that keeps track of transactions. Most people are familiar with blockchain as the underlying technology that allows cryptocurrencies to exist. NFTs are most often kept on the Ethereum blockchain, although they can also be stored on other blockchains.

To find out how to create NFT art, you need to decide what you are talented at. It's like asking an artist who paints or sculpts to create digital assets for you. So what’s so special about NFT art? The answer lies in the specificity and uniqueness of the digital token it represents. Each NFT digital artwork is unique and totally different from other digital objects and products. The value of each NFT art piece is determined by the demand for it and the supply held by traders and sellers.

Art, Music, GIFs, Video game skins and virtual avatars or collectibles everything is part of the NFT story.

The NFT market is exploding. The estimated value of the NFT market is $1.05 billion with over five million transactions in the blockchain (expected to reach $1.3b by 2021 with over 5.3m sales to date).  Let’s dive into exactly what NFTs are, how to buy, sell and create them, and most importantly, what you can use these digital assets for in your everyday life.

As a good continuation of further text (last part) you all probably heard for rainbow cat (Nyan Cat) is a YouTube video that became an internet meme when it was released in April 2011.

Rainbow Cat, above, was sold by NyanCat for $560,000 To be precious the price was 300 in Ethereum.

Marketplaces and how to sell NFT art?

So, you’ve decided to create an NFT? Excellent! You now need to decide where you will create your product. This decision is often the most difficult one, but there are a few things you need to take into consideration. I’ve created the table below with all major aspects you should take into consideration when choosing a marketplace. 

OpenSea, Binance or Nifty Gateway are one of the most popular. For the sake of this article, we'll go with the last option because it's free to join and there's no content moderation. That implies you don't need to be a verified artist to sell on the marketplace. However, this also means that the marketplace is brimming with digital trinkets that no one will ever buy.

You may now build your first NFT after connecting your Ethereum wallet to OpenSea. Create a collection by selecting Create from the top menu. You're now ready to begin the actual minting of a new NFT. Select New Item, upload your artwork, and include as many details as you wish. Click create when you're ready to fire the trigger.

Congrats, you are in the game!

Few popular NFT stocks

• Twitter Inc. - While many of you may not associate Twitter (NYSE (TWTR)) with blockchain, I'm here to convince you that it should. This is one of the most underappreciated blockchain investments available. 
• Cloudflare Inc.  - Here we go again, we have another company on our top list — and we couldn’t be happier. This time we’re focusing on the cloud computing platform, Cloudflare. How is it even involved in NFTs you ask? It might sound a little boring but it has everything to do with video streaming.
• Mattel, Inc - Founded in 1945 in a Los Angeles garage, Mattel Inc. is the worlds largest maker of toys, according to the company’s website. The company has been responsible for introducing classic toys to the market throughout the years including Barbie, Hot Wheels, American Girl and UNO. The corporation has been discreetly but effectively introducing NFTs based on some of its most well-known brands. This demonstrates that the organization is working hard to stay current with market trends while also innovating and upgrading how it communicates with its consumers.

Some of the most expensive NFTs ever sold

As motivation factor for the end of NFT-s we singled out a few of the most expensive sold NFT arts in history:

Everydays: The First 5000 Days, sold for $69.3 million

Beeple's digital artwork The First 5000 Days (2021). It's a digital non-fungible (NFT) collage made up of 5,000 photos that took almost 13 years to put together. The artwork represents the peak of Beeple's digital inventions, including the abstract, the surrealistic, the personal, the fixation with technology, and the current era's political upheaval.

Hashmasks, sold for $16 million

Wolfgang Beltracchi's recently revealed NFT project is produced by Hashmasks, a digital art organization that has amassed a collection of thousands of high-end non-fungible tokens (NFTs). Beltracchi is a well-known German art forger who has been re-creating and selling famous painters' works for over 30 years.

CryptoPunks #7523, sold for $11.8 million

In June of 2017, CryptoPunks became one of the first non-fungible tokens (NFT) which work on Ethereum. CryptoPunks alien punk #7804 was purchased for a record $11.750.000. As a result, this alien punk is now the most expensive NFT punk ever sold. Alien punks are among the most precious NFTs, as there are only nine of them in a ten-thousand-strong series.

Grimes NFT, sold for $6 million

In the last week of February this year, through NFTs on a portal called Nifty Gateway, Grimes was sold for $6 million USD worth of digital art.

The first tweet, sold for $2.9 million

The first-ever published tweet was sold as an NFT, a digital collector's item, by Twitter CEO Jack Dorsey. The winning bid came in at $2.9 million. First post has been liked over 160,000 times and shared over 120,000 times. On March 21, 2006, a tweet titled "just putting up my twttr" was posted.

Conclusion

Start today with your design!