What is NFT how to create a token and sell it on Open Sea and other platforms

What is NFT and how to make money on it in 2022 – how to create and sell a token for free on Open Sea, is it possible to make and implement NFT pictures on platforms in 2022. NFTs are already big enough to consider creating a digital version of their intellectual property or creative product.

Non-fungible tokens – this is how NFT stands for. The first versions were released in 2017. They were given away for free. But today, the cost of these tokens reaches several million dollars.

The most successful case in this direction is an NFT called Crypto Punks. It was these tokens that broke all records in terms of value growth. By the end of 2022, the cheapest Crypto Punks token is predicted to be worth around $180,000.
But these are not all NFT chips. Additionally, NFT tokens have become an indicator of a certain status of the owner. They give privileges, emphasize the status of the owner. This trend began after some successful tokens began to buy world celebrities and use them as avatars in their social networks. This factor greatly influenced the growth in value. In essence, NFT is a digital picture. The images are small and represent a simple drawing. Any character can be used as a drawing. Alien characters are most valued and in demand. In the Crypto Punks collection, such models turned out to be the most popular and expensive. In connection with such a stir in the world, the question of how to create an NFT picture becomes relevant. Next, consider the algorithm for launching an NFT project.

How to create an NFT in modern realities

The idea for an NFT project is one of the key success factors. Another value of this direction is that it allows you to easily and simply fix your own copyright on a creative product. This is very true for creative people. Any format of creativity can become the basis for an idea: be it a picture, a collectible card, a song, or even your business logo. This is where the potential of NFTs is just beginning. If the idea appeals to the public and there is a lot of demand for your digital creative product, then its value can skyrocket. An aspiring Beeple artist can boast of such an example. He recently digitized his work and named the collection Every Day: The First Five Thousand.
His token was bought for 69 million US dollars. But it cannot be said that the Beeple story should be repeated by everyone who is interested in the issue of creating and selling their NFT in the realities of 2022. Because one of the important criteria for an NFT is its uniqueness. To start an NFT project, you need a base. And this base lies in different planes, excluding the technical aspect. It’s the following:

1. Product of creativity : a picture drawn by one’s own hands; a song of your own composition or other item of interest for collecting.
2. A certain amount of cryptocurrency . It is useful for paying commissions for various services.
3. Cryptocurrency storage wallet . There are many options, you just need to choose based on your plans.

We create and sell NFT token in 2022 – implementation options for the Russian Federation

Another name for the process of generating and launching a token is minting. On special resources, this word is actively used along with the literary version. Minting requires choosing a reliable blockchain platform. One of the first options for the mass launch of tokens was Ethereum. Later, other analogues appeared: Tezos, Solana, EOS, Secret Network, TRON and others. In fact, most of the current promoted tokens are issued through Ethereum. But Open Sea, another similar resource, attracts many with an affordable commission. The difference is almost $100. The Russian-speaking audience of the Internet in terms of selling and buying NFTs use the Open Sea resource. This site gives you the opportunity to earn good money by selling your works of art in the digital version. In addition, you can earn on resales, if your creation has been honored with it.
Starting at Open Sea is easy. To get started, the user just needs to buy some Ethereum token. The next step is to save your crypto wallet on Open Sea and then you can put your collection up for sale. Why the Ethereum token? It is the second popular cryptocurrency after Bitcoin. All transactions for the purchase and sale of NFTs are made using Ethereum. To buy it, it is enough to create an account on one of the cryptocurrency exchanges. We recommend trying it out on Coinbase. Here you can exchange all popular cryptocurrencies, including Ethereum.
The further algorithm of actions is as follows:

1. Create a cryptocurrency wallet. There are many, but Metamask is reliable. We recommend it. Metamask is also suitable for mutual settlements with Open Sea when you launch your tokens for sale. If your browser is Google Chrome, then Metamask is available as a plugin on it.
2. Now this wallet needs to be connected to Open Sea.

What to choose for abroad

If you want to immediately enter the international market, then pay attention to the Rarible resource. The first steps on how to create your own NFT consist of the following algorithm:

1. Go to Rarible and log in to your personal account. It has the option to connect a cryptocurrency wallet. Complete the connection process.
2. The option – “create on the main page” opens two options: “Single NFT” and “Multiple”. To create a collection, select the Multiple option. A form for uploading multiple images opens. After downloading all NFTs, enter additional information: name, description and cost. Complete the process by clicking the “Create” button.
3. Next, you need to select the type of coinage. The system will offer free and paid options. If this is your first project, try choosing the free option. Then click the “Create Item” option.

Open Sea users pay two types of fees to the system. These are two types of commission with floating coefficients. They must be paid immediately after the token is offered and before it is sold. The first type of minting commission varies from $70 to $300. The second type of payment is for buyers’ access to tokens. Its amount can be from 10 to 30 $.

There are special methods and resources to help make these two types of payments minimal. If you catch the right moment, then two commissions together can cost you less than $100.

Open Sea accepts fees in Ethereum. In addition to these two commissions, the seller pays the system 2.5% of the token price sold. Payment is deducted upon sale. The seller chooses payment tokens for his NFT. There is a list of proposed options from Open Sea, where Ethereum is the leader. After the process is completed, your token is available to buyers. If it is bought, then the proceeds will automatically go to your account in the system. Similarly, you can visit the Mintable resource and put up your token for sale here.
Once you have decided on how to create an NFT token for free, it is important to take a few more important steps that affect further success. It:

1. Put your NFT collection on the safe list . This step is necessary so that your potential buyers do not have to worry about the reliability of your tokens. This protects against fraudulent activities and fictitious trading aimed at forcing the market. In this process, it is helpful to use as many social links and logos as possible.
2. Platform account verification . On Open Sea, this is a burning blue checkmark. This verification method is used to avoid confusion among users. Another such sign is assigned to public figures who really have their own audience. Verification in this aspect assumes the presence of at least 50,000 subscribers on social networks.
3. Use software solutions for automatic generation of tokens . There is no need to manually draw all 10,000 pictures in your collection. Usually, several layers of graphics are taken as the base and new images are generated based on them. This process is embedded in the algorithm of special software solutions. After NFT is verified and placed on the safe list, some systems offer such tools themselves.

How to create an image for an NFT token in Photoshop: https://youtu.be/GML94HVlP7A We have covered part of the question of how to create your own NFT token, then we will talk about how to sell it profitably.

Marketing and promotion for NFT

There are quite a lot of resources for selling NFT tokens. Users have no problems with the point of sale. But between the creation of your token and before its sale, there is one important stage – promotion. The further success of the token depends on the promotion. Therefore, it makes sense to talk about it in detail. The most NFT-friendly social network is Twitter. In addition, Instagram and Discord platforms are actively used. As for promotion methods, experts in this field have come to the conclusion that promotion through influencers is optimal – influence marketing. There are also special resources that only promote new NFTs. Their services are defined in two ways: a percentage of the sale of each token or an advance payment. In order to successfully fit into the prepayment, you need to work out the budget of your NFT project in advance. Creating a 3D NFT collection: 10,000 pieces, how to make money on NFT tokens: https://youtu.be/NG6E5DP0ut4 Creating an NFT from scratch, as well as its promotion to the market, requires some investment. Given the fact that this area is today considered one of the leaders for investing money, finding an investor is not difficult. The investor can enter into a share of the profits. or agree to accept tokens with subsequent implementation. If we consider the budget of already implemented NFT cases, it is obvious that marketing expenses account for most of the costs. An important factor is the stability of the token. To ensure it, the author needs not to abandon the project, but to lead it for some time. After a while, all efforts are justified and the tokens begin to grow in price. be/NG6E5DP0ut4 Building an NFT from the ground up as well as bringing it to market requires some investment. Given the fact that this area is today considered one of the leaders for investing money, finding an investor is not difficult. The investor can enter into a share of the profits. or agree to accept tokens with subsequent implementation. If we consider the budget of already implemented NFT cases, it is obvious that marketing expenses account for most of the costs. An important factor is the stability of the token. To ensure it, the author needs not to abandon the project, but to lead it for some time. After a while, all efforts are justified and the tokens begin to grow in price. be/NG6E5DP0ut4 Building an NFT from the ground up as well as bringing it to market requires some investment. Given the fact that this area is today considered one of the leaders for investing money, finding an investor is not difficult. The investor can enter into a share of the profits. or agree to accept tokens with subsequent implementation. If we consider the budget of already implemented NFT cases, it is obvious that marketing expenses account for most of the costs. An important factor is the stability of the token. To ensure it, the author needs not to abandon the project, but to lead it for some time. After a while, all efforts are justified and the tokens begin to grow in price. that this area is today considered one of the leaders for investing money, it is not difficult to find an investor. The investor can enter into a share of the profits. or agree to accept tokens with subsequent implementation. If we consider the budget of already implemented NFT cases, it is obvious that marketing expenses account for most of the costs. An important factor is the stability of the token. To ensure it, the author needs not to abandon the project, but to lead it for some time. After a while, all efforts are justified and the tokens begin to grow in price. that this area is today considered one of the leaders for investing money, it is not difficult to find an investor. The investor can enter into a share of the profits. or agree to accept tokens with subsequent implementation. If we consider the budget of already implemented NFT cases, it is obvious that marketing expenses account for most of the costs. An important factor is the stability of the token. To ensure it, the author needs not to abandon the project, but to lead it for some time. After a while, all efforts are justified and the tokens begin to grow in price. An important factor is the stability of the token. To ensure it, the author needs not to abandon the project, but to lead it for some time. After a while, all efforts are justified and the tokens begin to grow in price. An important factor is the stability of the token. To ensure it, the author needs not to abandon the project, but to lead it for some time. After a while, all efforts are justified and the tokens begin to grow in price.