Ace these things and your NFTs will be a solid investment
Beautiful NFT art doesn’t matter if you cannot sell it. The secret to success? Valuing your customers is paramount. There are several things you can do to ensure a buyer sees your NFT as a safe investment.
Firstly, self-doxxing really adds credibility to your project. While a lot of people in the NFT industry prefer to stay anonymous, it’s not particularly enticing. For example, just look at what happened with the Raccoon Secret Society! Letting your buyer know your name and your professional background can really raise a project’s profile.
Next, an attractive and responsive website packed full of information is also important. Make sure your FAQ answers all the questions buyers may have. Then, back it all up with a super solid Roadmap.
NFT project to increase the likelihood of successful sales.
YouTuber by the name Inspector Mindblow, a crypto and NFT enthusiast with over 50K subscribers, states, “It’s very important — no matter what utility you have, no matter what kind of art you have — if you’re not creating hype around your project, it will not sell out.”
Popularity and hype are major factors in a crypto project and NFT collection’s value and success, so it’s something to keep in mind.
What about flipping NFTs?
If you’re set on flipping NFTs — buying other creators’ assets and attempting to sell them for a profit — here are some things to keep in mind:
- Fake or plagiarized NFTs. In January 2022, OpenSea revealed that more than 80% of NFTs minted for free on the platform were either fake, plagiarized or spam. It may take a while to train your eye to spot fake listings.
Nft cell phone
Aavegotchi is an online NFT marketplace launched in 2020. This platform works on a unique blend of NFTs and decentralized finance (DeFi). It allows you to earn greater returns and long-term profits on NFTs.
This NFT marketplace is able to bring drastic changes in the blockchain gaming sector using DeFi models like dynamic rarity, rarity farming, smart contracts, and collateral stakes.
How can I Access an NFT Marketplace?
Here are the steps to access and use an NFT marketplace:
Step 1) Set up a user account on the NFT Marketplace where you want to buy/sell NFTs.
Step 2) Determine whether the cryptocurrencies you want to use are accepted on that marketplace or not.
Step 3) Get a compatible crypto wallet.
Rarible awards active users of the platform with RARI tokens to buy or sell on the NFT marketplace.Key Statistics:
- Founded: 2020
- Blockchain: Ethereum
- Token Support: ERC-721 and ERC-1155
- Wallet Support: WalletConnect, Coinbase Wallet, MetaMask, Fortmatic, and MyEtherWallet.
- Fees: Gas fees + 2.5% marketplace fee.
- Smart Contract Import: Yes
- Types of Sales: Art, Music, Photography, Auction, Games, Metaverses, Domains, Memes, and more.
- Split Payment Support: No
Foundation is a platform for uniting artists, curators, and collectors.
Nft cell phone games
Step 2. Connect MetaMask to Rarible
Go to Rarible.com and connect your MetaMask wallet by clicking on the Sign in Sign in with MetaMask.
Step 3. Create and sell NFTs on Rarible
After you’ve confirmed the connection to the marketplace from your wallet and accepted the Rarible Terms of Service, you can click on Create (top-right) and create a new NFT on Rarible.
Choose Ethereum blockchain and choose Single or Multiple NFT.
Choosing multiple means you want to create an NFT collection, which is considered to be a more popular option.
Splinter cell nft
You could choose from MetaMask, TrustWallet or Coinbase Wallet.
Get a cryptocurrency wallet
In order to sell your photos as NFTs, you will need a cryptocurrency wallet. There are a number of wallets to choose from, but for the purposes of this tutorial, we are going to use MetaMask.
We will go through the installation process to add the Google Chrome browser extension, but the process is similar for the Android and iOS mobile applications.
Head over to metamask.io, and click the Download now button.
Cell zone nft
Let’s say we like this CryptoKitties image, above, called “Zuzu Meowfluff.” It’s priced at .005 ether, which is about $8.96 at the time of publication.
To buy it, I just:
- Tap “Buy Now.”
- Select “Checkout.”
- Click “Submit.”
- Next, I have to confirm a “gas fee.” This is required by the Ethereum network to process the transaction and costs me $18.18. The full transaction ends up costing $26.68.
Now I own that Zuzu Meowfluff CryptoKitties NFT.
But I don’t collect these. So let’s sell it. I’ll show you how to make and sell your own NFTs, too.
How to create and sell NFTs
You have some cool digital art, or maybe a Zuzu Meowfluff you’re ready to sell.
Let’s make that an NFT and list it for sale now.
Cell land nft
Creating and minting NFTs on the other platforms listed is similar to the process covered below.
Connect your crypto wallet
In order to create your account, you’ll need to first connect your wallet. Click on the circle button in the upper right-hand corner on OpenSea.io.
On the next screen, click on the wallet that you created earlier and then connect to the site.
*Connecting your wallet to Rarible is similar – simply click the Sign in button in the upper right-hand corner and select the wallet you use. Then connect to the site.
Create an NFT on OpenSea
As soon as you’ve connected your crypto wallet to OpenSea, you’re ready to create your first NFT.
Magic Eden – Best Solana NFT Marketplace
The Magic Eden platform is the leading Marketplace for NFTs on Solana. Their Reselling Act offers the possibility to resell individual NFTs and list and mint entire collections on their official website through their Launchpad.
There is no curated marketplace like Magic Eden yet, so you will have to go through an application process to get listed or mint your collection. On the other hand, having curated collections has the advantage that you have control over the content that will be displayed to create a higher quality collection.
As mentioned earlier, some of the best feature Magic Eden offers include auctions, collection stats, filtering by price or collection traits, and even a browser game called “Mini Royal” that you can play for free for a limited time.
To learn more about this corner of Web3, read our NFT guide.Step 2: Familiarize yourself with NFT marketplaces.
NFT marketplaces are exactly what they sound like — they’re online platforms where users can buy, create and sell NFTs.
When selling NFTs, choosing the right marketplace for your assest can be key in getting the offer and buyer you want. And marketplaces can vary in what genres of NFTs they specialize in.
For example, OpenSea is a mixed marketplace featuring NFTs across nearly all niches — art, sports, gaming, memes, etc. Foundation, on the other hand, is an NFT marketplace that focuses on exclusive NFT art and you must be invited by an existing user to sell your art on the platform.
It starts out in the same manner – the very first thing that you’ll want to do is register on an exchange platform, and buy yourself some Ether.
Let’s take it from the top, and focus on the exchange part.
Cryptocurrency exchanges are platforms that allow you to buy and trade different crypto coins. You can trade one coin for another, or purchase cryptocurrencies for fiat money.
There are two types of exchanges that are currently popular on the market – centralized, and decentralized ones. For the sake of keeping things simple, we’ll be focusing on the former.
If you want to sell NFTs, you will need to first register on a centralized exchange, and pass the KYC verification process.
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By default this field cannot be adjusted, but if you followed the instructions I mentioned at the beginning of this section, you can adjust it to any number you like.
Blockchain – Select whether you want your NFT on the Ethereum blockchain (golden standard and most popular) or if you want to put it on Polygon, a fast, gas-free blockchain that works in conjunction with Ethereum.
Freeze metadata – Once you’ve created your NFT, you can choose to permanently lock and store all of its content in decentralized file storage. NOTE: This will cost you extra gas, and you probably won’t want to do it.
Once you’ve uploaded your file and filled out all the details, go ahead and click the blue Create button.
Then, you’ll see that your NFT has been created successfully.