How to create NFTs?

Non-fungible tokens (NFTs) are not just an investment. Some people have established a successful business based on minting NFTs. It can bring you significant profits if done correctly.

Where to start

When NFTs first appeared several years ago, numerous artists, designers, and other creatives managed to make a sizeable profit in that market. Now the hype surrounding NFTs has died down somewhat, and selling your own NFT is much more difficult than before, as the market is now significantly more competitive than it used to be.

The NFT market is oversaturated with all kinds of projects, with only few of them managing to find success. If you want your token to be popular, you will need to develop its concept thoroughly and create a proper marketing plan.

It is possible to sell anything for a high price, from primitive drawings made in MS Paint to selfies, provided that the project in question is truly unique and catchy.

You should also plan how to promote your NFT. Projects that are promoted by influencers and are mentioned in the media or professional communities are more likely to succeed.

How to enter the market

Releasing a new NFT in the market is very easy. Once you have finished your project, you only need to find a suitable platform for selling your token.

There are a number of platforms and marketplaces for selling non-fungible tokens, with the most popular ones being OpenSea, SuperRare, Foundation, and Rarible.

To upload your token to a platform, you need to have a cryptocurrency wallet. Many services demand commission fees upfront in crypto. Some platforms offer free NFT listing, but they take a percentage of token sales.

Uploading an NFT to a trading platform is similar to posting images on photo hosting websites. You upload a file in the format you want, make up a name, add a description, and click “Create”. Then the system automatically creates the NFT and sends it for verification.

When everything is ready, all you have to do is put the asset up for sale and wait for an interested investor to show up.