YearnNFT Marketplace Presents Buy, Sell, and Minting Model

[diana]

According to the Google trends, majority people are searching for the term- NFTs rather than Cryptocurrency. That itself shows that we are not late enough to look for a way to join millionaires by selling and flipping NFTs.

You can do anything with NFTs as the digital asset class has been booming over 2021. Henceforth, the NFT industry is in hype making many of them millionaires by minting NFTs quicker than nearly anything else except for few digital assets or meme coins that have gone up by the hundreds in the previous year.

Minting NFTs

NFT minting is a procedure to register the physical asset as a unique file specifically on the blockchain. This can be done directly on most NFT marketplaces though there are some standard requirements. Binance Smart Chain is the most popular blockchain in current scenario for minting NFTs. Also, there are some standards on BSC network for non-fungible tokens. You can now create value from nothing with NFT minting at YearnNFT marketplace.

What is YearnNFT Marketplace?

YearnNFT marketplace is a platform where you can freely buy, sell, reserve NFTs for YFNFT tokens. YFNFT is a native governance asset of YearnNFT platform. Most of these sales are set by the market demands and current standards for the NFTs. So, to regulate the value you need to lookout for interested people in the NFT project.

Usually, one NFT creator is able to create NFTs and there exits many popular NFT wallets to purposely store NFTs with secure permissions after purchasing them until they are resold. Also, the creators of NFTs holds the power to charge a resell amount or in other terms royalty.

This means that every subsequent NFT sale after the minting date, provides an offer to earn a percentage of the value for the purchase of that NFT. This NFT platform is eventually designed to allow the artists and creators display/showcase their work. They will be able to access a global audience of traders, enthusiasts interested in the art piece.

YFNFT marketplace is well-structured, audited, and authenticated project. This platform has a simple layout where anyone could simply explore, scroll though the website to mint NFTs by uploading images or any other filetypes.

To create art and showcase them on our NFT marketplace, the artists and creators need to follow the NFT token standard on BSC network and blockchain. Besides the standards, people need to have social media handles to prevent spammy content and we are looking to reward hard-working creators.

We follow the hard-core procedures for verification to secure the NFT market and create effective NFT portal to sell genuine work and convey perfect digital value in this NFT space. YearnNFT marketplace also enable user to sort items by highest to lowest price, single items/bundles, and each sorting feature directs you to make the best decision on NFTs. We are here to showcase the best work for NFT artists and creators alike.

To use our NFT platform the user should have a crypto wallet to connect with the YearnNFT marketplace for receiving the funds/rewards/offers to use in future. The user needs to own BSC-supported wallets like Metamask, Trust wallet, etc.

Minted NFT art work can get to a global and wide range of audience displaying well-organized NFT platform, therefore, minimizing the average cost of minting NFTs. The user can also earn passive income via staking NFTs, renting out NFTs, NFT royalties, etc. Here are the two available slots at YFNFT to earn passive income-

1. Every time the NFT is sold, the Creator will receive 2% of the total sold value.

2. Every time the NFT is sold, the Owner will receive 5% of the total sold value.

How to Create NFT at YearnNFT Marketplace?

The procedure to create an NFT on ‘NFT.YearnNFT.Finance’ is very simple and straightforward.

- The user needs to connect their Metamask wallet with the YearnNFT marketplace browser.

- Access the “Browser option” from the wallet shown in the right panel and search for “nft.yearnnft.finance”.

- You will be redirected to the official webpage to connect your Metamask wallet by filling in the credentials

·         User ID,

·         Display Name,

·         Email ID [Gmail and Yahoo ids is accepted].

- Sign up the account and access the left panel available with 4 options

1. Discover

2. Creators

3. Collectors

4. Create NFT

- Go to “Create NFT” and upload the file [PNG, JPG, JFIF, and JPEG].

- Choose NFT category, add some essential details of the item like

·         Item name

·         Item description

·         Item price

·         Create item [NFT]

- Then, the user will be redirected to the created NFT page to start minting the NFTs.

- Click on “Mint NFT’ and calculate the estimated gas fee and total amount in BNB.

- Confirm the transaction and after 2-3 mins go to “My Collections”

- The user has an option to sell the uploaded NFT within the YearnNFT marketplace.

- Find the “Discover” option for checking the NFTs available for sale seen with the Buy now display, price, details, etc. the user have entered while creating.

You can read over other helpful articles on our official portals to learn more about the emerging and fast-evolving project in this blockchain technology and cryptocurrency industry.