How to create an NFT for free

A special feature of the marketplace is the ease of listing digital art objects. In addition, Magic Eden users have access to auctions. They allow artists to sell their works at a fair price. There is also a lunchepad on the platform: customers can explore upcoming launches of new collections in advance.

Guidelines to create an NFT for free

A unique crypto-token can be generated using marketplaces, such as on OpenSea. This is usually a free procedure. You will only have to give a commission if you sell a non-replaceable asset.

Opening a wallet to store the token

Cryptocurrencies work thanks to blockchain technology. At the same time, the generated digital assets never leave the decentralized networks. NFT tokens are no exception. A user needs to have a cryptocurrency wallet to generate them. Popular vaults for connecting to marketplaces:

• MetaMask. Browser and mobile online wallet for working with Ethereum and ERC-20 cryptocurrencies.
• Phantom Wallet. This wallet is an analog of MetaMask, but for storing Solana and tokens issued in the network of the same name.
• Trust Wallet. A mobile multi-currency cryptocurrency wallet that supports more than 100 thousand digital assets, including Non-Fungible Token.

The choice of storage depends on the user’s needs. The main thing is that the wallet should ensure the security of assets. Instructions on how to create a crypto vault using Trust Wallet as an example:

1. Download the app to a smartphone. It is available for iOS and Android. You can also install Trust Wallet as a browser extension.
2. Open the program.
3. Click on the “Create a new wallet” button.
4. Create a backup copy of the storage. To do this, you need to write down a mnemonic phrase of 12 words. In the future, the seed key will help to restore the cryptocurrency wallet, if necessary.
5. Complete the procedure of creating the vault.

To conduct transactions with NFT tokens, you need to have coins of the chosen network on your wallet to pay for gas. For example, selling and buying cryptocurrencies on the Ethereum blockchain will require some ETH. You can get the digital currency on exchanges, as well as in exchangers.

Creating and uploading a media file to the platform

A wallet is needed to connect to the marketplace, and it will be needed to generate a non-mutualizable token. The cost of creating an NFT is usually free of charge. The price of the service depends on the chosen marketplace.

Many marketplaces do not take commission for token generation. This applies to OpenSea, Blur, Magic Eden, Tensor and other marketplaces.

To issue an NFT token, you need to upload a media file that will become it. The picture must have a high resolution and also pass the platform’s requirements. Universal instruction:

1. Open the selected marketplace.
2. To interact with the platform, connect a wallet.
3. Go to the crypto-token generation page.

4. Click on the “Upload media” or other similar button.
5. Select a file.
6. Follow the further instructions (the algorithm depends on the marketplace).

Almost any media file can be added to the blockchain. You are allowed to use art, photos, pictures, memes, videos, movies, music, sounds, poems, etc.

Customizing NFT settings

Each digital object has unique properties. Some of the parameters can be set manually. The number of available settings depends on the marketplace. Users are given to specify:

• Име. By the name of the crypto token, community members will be able to find it.
• Metadata. You can add information about the creator of the digital item, specify the date of generation, description and other information.
• Attributes. A token often has additional properties that distinguish it from other assets in the collection. Example – strength, dexterity, intelligence, speed, etc.
• Royalties. Artists can get paid from each sale of a crypto asset. They often set royalties in the range of 10%.

Once digital art items are generated, it is impossible to change their parameters. This is a feature of how blockchain networks work.

Tips for building an NFT collection

Making a full-fledged line of cryptotokens is more complicated. You will have to think about the concept of the collection. However, it will make the artist stand out among others. Therefore, developing a collection is worth it.

Many lineups have 10 thousand objects each. Examples are Milady Maker, CryptoPunks, Pubdy Pengium. Artists themselves determine the number of tokens in the collection.

It is recommended to take high-quality media files to create a lineup. If you want, you can hire professional artists. The priority is the uniqueness and beauty of the works.

How to sell NFT

To begin with, you need to create a unique crypto asset that will attract buyers. Then it will be necessary to put it on sale. Marketplaces allow you to do this. But platforms often charge a commission for the service. The last thing that will be needed is promotion. To accelerate the sale of cryptotoken is necessary:

• Tell about the asset in social networks.
• Join thematic communities.
• Use the promotion functions on marketplaces.

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