If you are a creative person and love to express your imagination in the digital world, minting NFTs might be for you. Here are the best tools to get you started.
While selling digital files is nothing new, NFTs allow artists to create their digital artwork and sell it as the original creators with no negotiator agents through decentralized NFT marketplaces.
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What Are NFTs?
Anyone can download and save an NFT with no legal restrictions for the time being, just like anyone can get a copy of a well-known physical painting. However, they can’t claim ownership of a particular NFT that always belongs to the creator or the current NFT owner.
They can even set a fee, or comission, for future sales of the artwork and earn passive income over time — something like royalty usually in the range of 10-30% — which does not exist in traditional art trading.
How Hard Is it to Create an NFT?
Blockchain technology could be intimidating and discourage the less tech-savvy individual. However, this article will highlight the best tools for beginners to get started on NFT minting and their difference.
The Best Tools to Mint NFTs
Which Blockchain to Mint On?
Minting Directly on a Blockchain
It is possible to mint NFTs directly in a blockchain, but it requires some technical skills or patience to learn the basic process.
Creating NFTs on NFT Marketplaces
The real breakthrough for newbies that want to create an NFT easily comes from blockchain-powered marketplaces.
Regardless of the platform you choose, the following steps are common to most. Usually, the main difference between platforms is the required trading fee when buying or selling an NFT.
Steps to Mint NFT
- Choose which NFT marketplace is suitable for you and obtain the cryptocurrency required to open and run your account;
- Open or use your existing digital wallet where to send the cryptocurrency. If you’re using a marketplace powered by Ethereum blockchain, you can open an account with Metamask and create your NFT there. You can also connect Metamask to the most popular NFT marketplaces like OpenSea;
- Create the digital file (i.e., a jpeg) compatible with the chosen marketplace;
- Connect the digital wallet with some cryptocurrency included. It will be needed to publish the artwork. The process of adding its metadata and publishing it makes it “minted.”
- Consider adding a smart contract that could add value to your NFT. It allows you to create your terms and conditions and include a physical item or anything else you may want to add.
- Your artwork shaped into an NFT is now ready for sale.
Popular NFT Marketplaces
Rarible is extremely easy to use for NFT minting and is available on iOS and Android mobile devices. Accepted digital files are PNG, GIF, WEBP, MP4, or MP3 other than JPEGs.
The platform is mainly used by well-known NFT creators, including Beeple and Michael Kagan. It was designed to allow artists to create limited edition and high-quality digital assets only available at the Nifty Gateway platform.
The platform targets an audience not interested in free-for-all arts but exclusive artworks. The team behind Nifty Gateway carefully selects the collectibles allowed to be published on their platform. This rigor encouraged even traditional artists like Trevor Jones and Kenny Scharf to use the platform.
Being such a “premier digital art marketplace” implies that the platform looks at the more expensive end of the market. This is reflected in the 15% high fee they charge for NFTs trading transactions, comparable with regular art galleries’ fee for the sale of any paintings.
SuperRare defines crypto art as NFTs that have their entire history – creation (minting), tokenization, artist, and subsequent purchase and sale – encoded on the blockchain.
The NFTs' idea of scarcity and purchase of a truly unique digital item has been recently challenged by artists who have started to create different editions of the same item. SuperRare aims to revert that trend by focusing on exclusive crypto art.
The platform's mission is to make NFTs art auctions accessible and appealing to everyone, allowing for a simple user interface and easy-to-use functionality.
Foundation also takes pride in using NFTs for social good, to promote charitable causes, and has featured live bidding for artworks of various personalities, including Edward Snowden.