NFTs are Non-Fungible Tokens, word non-fungible means irreplaceable and unique. Why I'm relating unique with nonfungible, everything that is irreplaceable is unique. For instance, if you draw a sketch, it becomes a masterpiece and nobody can replace it, which comes with uniqueness as well as being non-fungible. And the word Token means proof of authority which means the sketch you draw belongs to you and you are the authorized owner of this sketch.
If someone wants to buy the NFT, first he/she has to exchange some currency with you and in return, he will receive a token of that NFT.
How it Works
NFT was developed using blockchain and a distributed ledger to store the record about each node. Moreover, it is completely decentralized.
How to Create NFT
To create NFTs you must join a platform where you can sell or buy NFTs, there are a lot of NFT platforms like OpenSea, Rarible, Binance, super rare, and more…
Here we are going to discuss NFT creation on the OpenSea marketplace, as it is a huge platform where you can create, buy, and sell your NFTs. A step-by-step guide is given below:
Step 1: Work Out What You Want to Create
NFTs can be a piece of digital art; they can be an image, drawings, sketching, painting, calligraphy, illustrations, memes, and more. Pick your talent and make it, think, and create.
Step 2: Set up the Wallet
Connect your digital wallet with the NFTs marketplace account. Register yourself on one of these given wallets like Coinbase Wallet, MetaMask, Enjin, Math wallet, and others. A Digital wallet is important to send or receive money while buying and selling NFTs.
Step 3: Go to the NFTs Marketplace
NFT marketplace is a platform where you can buy and sell your NFTs, to open the marketplace click on OpenSea:
Step 4: Connect the MetaMask Wallet
Firstly, we have to create an account on this website, we link our MetaMask wallet to this website. To link the wallet, click on the wallet icon given on the right side of the screen, and then select the MetaMask wallet to sync.
Hit the “Next” button:
Click on “Connect” it will take a little bit of time to connect:
After a successful connection, it will redirect you to the given page. Click on “Accept and sign”:
Click on “Sign”:
Open your profile and go to “Settings” to edit your profile:
Step 5: NFT Creation
Hover on the profile icon and click on “Create” to create the new NFT that you want to sell. Enter the following thing to create NFT:
Digital assets you can pick: images, videos, illustrations, memes, songs, poems, sketching, drawing, calligraphy, 3D model, and more.
Description: Enter a detailed description regarding your assets, explain your asset and let the world know that your asset is unique.
Supply: Enter the number of your assets.
Blockchain Selection: Select the blockchain for your NFTs like Ethereum, Solana, or Flow but if this is your first NFT and you want to start with zero investment then the Polygon is always best for the initials because it is totally freeware. And then hit the button “Create”:
Note: Always select the Polygon blockchain while creating NFT, because it is totally free.
NFTs are non-fungible tokens, they can be images, videos, gifs, memes, art, and any digital assets. You can create unique digital assets by using your own skills like photography, designing, digital arts, songs, videos, and much more. This article is a complete guide on how to create an NFT.