NFT Creation and Selling Guide: A Beginner's Step-by-Step Tutorial

If you're interested in creating and selling your own NFT or collection, this comprehensive step-by-step guide will help you navigate the process with ease.

Various NFT platforms offer tools for creating different types of NFTs. Whether you're an artist, musician, or collector, creating your own NFT is accessible to anyone with basic digital skills.

The process of creating an NFT is called "minting" – transforming your digital file into a blockchain-based digital asset that can be sold or traded on specialized marketplaces.

Choose Your NFT Type

There are numerous types of NFTs you can create:

• Artwork
• Event tickets
• Memes
• Media and music
• Games or virtual items

These can exist as images, audio, or video files (JPG, PNG, MP4, MOV, etc.). You can also create NFTs representing physical items, such as valuable collectibles or celebrity-signed photographs.

Select Your Blockchain

Choosing the right blockchain is crucial as it provides a permanent record of your NFT. Popular options include:

• Ethereum: The most popular NFT blockchain hosting thousands of collections. However, transferring NFTs on the Ethereum network may involve high gas fees.

• Solana: Developed as a faster and more cost-effective alternative to Ethereum, offering transaction fees below $0.01. It uses both Proof-of-History (PoH) and Proof-of-Stake (PoS) consensus mechanisms, making it faster than Ethereum.

• Flow: Another PoS blockchain developed specifically for NFTs and decentralized gaming applications. It hosts the popular NBA Top Shot NFT collection, making it a preferred choice for creating sports collections.

• BNB Chain: A relatively newer entrant to the NFT space, but with increasing volume compared to other chains due to lower transaction fees.

Set Up an NFT Wallet

After selecting a blockchain, you'll need a compatible digital wallet to store your NFT. Popular wallets include:

• MetaMask: A widely-used crypto wallet supporting various cryptocurrencies and both Ethereum and Solana blockchains. Available as a mobile app or browser extension.

• Trust Wallet/Safepal Wallet: Digital wallets supporting ERC-721 NFT tokens and NFT collections on most blockchains. Browser extensions are also available.

• Ledger Nano: A cold wallet providing maximum security for your NFTs. Ledger Nano X supports both Ethereum and Solana NFT collections.

Choose an NFT Platform

Many platforms exist for creating and selling NFTs, each with its own minting rules and fees.

Popular platforms for minting NFTs include:

• OpenSea: A popular platform supporting all types of NFTs. Supported blockchains: Ethereum, Polygon, BNB, Klaytn, Solana, Arbitrum, Avalanche, and Optimism.

• Rarible: A popular platform based on Ethereum. Supported blockchains: Ethereum, Flow, and Tezos.

• Major Trading Platform Marketplace: Currently supports minting NFTs on BNB Smart Chain and Ethereum (ETH), with more blockchains planned for future integration.

• Airnfts: A multichain NFT marketplace based on BNB Smart Chain, Fantom, Ethereum, and Polygon where you can mint, buy, sell, and earn with NFTs.

Create Your NFT

After selecting a platform, the NFT creation process is relatively straightforward.

Example: Creating an NFT on Rarible:

1. Go to Rarible and click the "Connect Wallet" button in the top right corner of the screen
2. Select your digital wallet (e.g., MetaMask) and grant Rarible permission to view your accounts
3. Click "Connect" and accept the platform's terms of service and age verification
4. Return to the Rarible homepage and click the blue "Create" button in the top right
5. Choose between creating a single digital copy of your NFT or multiple copies to sell the same item multiple times
6. Upload the digital file you want to mint as an NFT
7. Next, you'll be asked how you want to sell your NFT file and set a minimum price after minting
8. Choose whether to offer the full high-resolution version of your NFT
9. Add a title and description for your NFT image
10. Specify the percentage of royalties you want to receive for secondary sales
11. Indicate file properties such as color or size in pixels
12. Click "Create"
13. Confirm the transaction in your crypto wallet (pay the gas fee)
14. Click "Confirm"
15. Sign the sell order by clicking "Sign" in your wallet. And that's it. Your NFT has been minted. To search for your created NFT, click Profile > My Items. Your NFT collectibles will be displayed on the screen.

Similarly, you can also create an NFT on a major trading platform:

1. Go to the NFT Marketplace on the trading platform and click the [Profile] icon. Then click [Created] – [Create NFT].
2. Read and accept the Terms and Conditions of the NFT Marketplace.
3. You'll be redirected to the minting page. Enter your NFT details, including: a. Name: The name of your NFT; b. Description (optional): A brief explanation of your NFT; c. Network: Select your NFT's network. It's set to BNB Chain by default, but you can also use the Ethereum network (ETH). d. Collection: Choose from the dropdown list which collection this NFT should be categorized under. You'll only see collections in the network you've currently selected. e. You can select the collection you've just created or click [+ Add New Collection] to create another; f. Properties: Select properties for your NFT. You can click [Add More] to add up to 100 properties for your NFT.
4. Once the details are set, you'll see an estimated minting fee. Read the NFT Minting Rules and Terms & Conditions, accept them, and click [Create].
5. Your file upload begins. Please wait patiently while your NFT is reviewed. It will be evaluated through an automatic verification system. Once the minting process is complete, a popup [Minting Complete] will appear with your NFT's contract address and token ID.

List Your NFTs for Sale

Once your NFT is created and in your wallet, you can click the "Sell" button on your platform of choice and select the price at which you want to offer it.

When your sale details are complete, you can list your NFT for sale. This requires signing several transactions in your digital wallet, which may involve paying transaction fees.

By following these steps, you'll be able to create and sell your own unique NFTs on various platforms, joining the exciting world of digital collectibles and blockchain-based art.