How should art creators issue their NFT?

NFT is now very popular all over the world. It appears that everyone is suddenly talking about it. If Elon Musk is the most well-known figure in the cryptocurrency world, Mark Cuban is the most well-known figure in the NFT world. Although the NFT market is thriving, BigONE has discovered a problem: almost everyone’s attention is focused on how to buy NFTs and how to issue NFTs. We noticed that some users wanted to issue NFTs on Ethereum but were put off by the high transaction costs. It is very simple to issue an NFT, and users can do so independently. It is also completely free.

What is NFT

The most straightforward answer is that NFTs are digital collectibles. If you like to collect sports cards, you can now manage them digitally. The same applies to art, music, video, and so on.

To give you a more technical explanation, NFT can be called a non-homogeneous token or an irreplaceable token. It is like a certificate that can authenticate your item and make it unique. You can copy the image to the desktop or watch the clip for free on YouTube, but if you buy an NFT, it will be valued as if you own the autographed copyright of the image or video clip and allow creators to make money from it.

Mark Cuban influences on NFT

If you want to check which NFTs Mark Cuban owns, you can log on to lazy.com. This is an online NFT gallery invested by Mark Cuban, which showcases Mark Cuban’s latest NFT collection items, and also provides people with an accessible display Space for their collection.

In addition to online galleries, Mark Cuban has also invested in the following projects:

Mintable.app: A website that can make, buy and sell digital assets.

Crypto Slam: Data aggregator used to obtain market data, including NFT sales history and market rankings.

NFT42: Realize that the NFT is permanently available and will not disappear, for example, when the third-party hosting the project closes its website.

Nifty’s: In March this year, Nifty’s launched a social media platform focused on NFT.

OpenSea: The market for NFT and other digital goods. It has recently received US$100 million in Series B financing with a market value of more than US$1.5 billion. It is known as a unicorn in the NFT field.

How do individuals issue NFTs?

OpenSea is currently the most popular NFT creation and distribution platform, and users can distribute their NFT works for free on this platform. The following is the operation process of using OpenSea to issue NFT:

⦁ Log in to the OpenSea website

⦁ Click Create on the page to enter the NFTproduction page, where there are two options:

First, create an NFT on the OpenSeaplatform and sell it through it.

Second, put the NFT you created on another platform or Opensea for sale.

Here we focus on the first one, how to create an NFT.

⦁ Click Create new collection. Create a collection for your NFT, add a cover, name, and description.

In addition to creating a collection, you can also link it directly to the Ethereum smart contract.

When the collection is successfully created, you can add specific NFTs to the collection.

⦁ When creating an NFT, you need to upload the source file of the NFT. The source file type can be a picture, video, audio or model, etc. Then define a name for the NFT, add external links and descriptions, and other content.

⦁ Then you need to set the attributes for the NFT and fill in the NFT supply.

It should be noted that under the ERC721standard, the supply can only be filled with 1.

According to OpenSea’s introduction, under the ERC1155 standard, multiple NFTs of each type can be issued.

⦁ After all the information is filled in and uploaded successfully, the NFT is created and free the whole process.

BigONE believes that if you are an art creator, collector, or related practitioner and are interested in NFTs, especially when you have your creations, you can use the above methods to issue NFTs for yourselves.