An NFT, or a non-fungible token as you may know it, is essentially anything digital. It could be music, art, a digital drawing, or even a scribble for that matter, and is essentially a one-of-a-kind purchase that is non-fungible, or unique. If you aren’t tech-savvy, you must have probably learned about NFTs from the news when an ordinary pixelated drawing sold for an astoundingly high price, and you had to look into a way of getting in on some of that moolah.
However, if the world of NFTs excites you and yet makes you break into a cold sweat every time you think to enter its space, it may be a sign that you need some help. For that, you need to be familiar with the process of minting an NFT, which is essentially just uploading a digital file, converting it into an asset on blockchain, and making it ready to sell. This guide will help you learn more about mintable NFT, and given below are four steps that will guide you through minting your NFT:
1. Choosing the type of NFT
The very first step in minting NFTs is to select the type of NFT you would be creating. It is completely the creator or maker’s decision to create an NFT of their liking which could be a musical number, a digital art piece, a GIF, a meme, an avatar, or even a scribble for that matter. This decision should be made while taking into consideration which type has the most traction in the market currently.
2. Creating the chosen NFT
The next step in the minting process is to create the chosen type of NFT for your project. While creating a mintable NFT that can sell, you must spend a great deal of time conceptualizing it and gain insight into what the marketplace desires. While doing so, you must maintain a delicate balance between staying on trend and not seeming like just another copycat.
3. Selecting an apt marketplace
Once you have your NFT ready, you must select an apt marketplace for your NFT project. An NFT marketplace is essentially a digital space where one can mint, list, and sell their NFTs. It works like an e-commerce website for NFTs where users can create accounts to buy and sell. Some of the popular marketplaces include OpenSea, Mintable, and Rarible. When you choose a marketplace, you should also select a wallet for trading purposes.
4. Uploading and selling
The final step in the minting process is to upload your NFT on your chosen marketplace and be ready to sell. You need to select the option to create on your chosen marketplace, upload your NFT and fill in other required details to complete your minting process. You can then set up a timed or untimed auction for your NFT.
Conclusion
The NFT marketplace is experiencing record-breaking growth, and the sooner you jump on this bandwagon, the more successful you are likely to be. By following the above-mentioned steps, you will be able to mint your line of NFTs in no time.
