Ian Partridge Posted January 28, 2022 Share Posted January 28, 2022 Digital art is experiencing a renaissance in this period, thanks to the revolution implemented by cryptocurrencies. If you are interested in this world and believe you can sell some of your works, continue reading and learn how to make money with NFT. What are these NFTs? Starting from the basics of this ultimate guide to earning with NFT, the word NFT stands for non-fungible token. NFTs serve the same purpose but for purely digital objects not present in the real world. These NFTs allow GIFs, videos, JPEG or PNG photos, and virtually any other digital format, to be certified as unique. The non-fungible-token technology allows a new type of ownership for digital files that were previously not possible in any way. NFTs can be bought, collected, traded, sold, and even destroyed just like the physical objects we own in the real world. Thanks to blockchain technology, these works of art transformed into NFTs are equipped with a transparent transaction and a historical price visible to anyone with an internet connection. The process of transforming your work into an NFT is known as minting, which refers to the act of creating a new token on the Blockchain that will be linked to that content forever. When an artist coins a new NFT, they attach a built-in fee (usually around 10-30%) that they will receive whenever the digital work is resold in the future. NFT how to get started Getting started in the world of NFTs is very exciting, as there is a large choice of products that you can buy or creations ready to see the light. If you want to get started in the world of NFTs as a buyer, these are some ways. Find a community that is active and interested in their NFTs. Exclude those communities interested only in speculating on the final sale price. The most active communities gather on discord to talk about expansion plans and ideas Evaluate whether or not an NFT is of any use. Many NFTs for sale offer benefits that can be admitted to concerts or free consultations. Check the price history to understand if anyone has already speculated on that particular project or not. It is not worth milking the cow for too long. Start selling NFTs on the blockchain You don't need in-depth knowledge of cryptocurrencies to create an NFT, but there are some tools you need to get started, like a crypto wallet and a few euros in Ethereum. If these terms are unfamiliar to you, that's okay, as I will walk you through the process step by step. You can set everything up in minutes and from your phone. Remember that you will have to buy Ethereum, as the much-discussed Bitcoin cannot be traded with this type of asset. Set up an Ethereum wallet The first step in your journey to make money with NFT is to create a digital wallet where you can safely store the cryptocurrency that is used to buy, sell and create NFTs. The wallet also allows you to securely log in and create accounts on the NFT markets. There are hundreds of platforms that provide free wallets for storing cryptocurrencies and I have tried all the options I will mention in this guide. Link your wallet to an NFT marketplace Once your wallet is set up and you have purchased Ethereum, it is time to choose a marketplace where you want to create an NFT and publish your work. For creators just getting started with NFTs, I'd suggest posting their digital works to Rarible , as the site has the simplest setup I've tried. To connect your wallet to Rarible, go to the site and click on the connect button in the top right corner of the screen. From the next screen, select the WalletConnect option if you are using Metamask. Instead, click on WalletLink if you are using Coinbase Wallet. It doesn't matter which wallet you are using, the next step will be more or less the same. After selecting your connection option, a QR code will appear on the screen. Use your wallet application to scan this code. Once you have scanned the code, confirm that you want to link your wallet to Raible . After linking a wallet, your Rarible account is immediately generated. You now have everything you need to create, mint and sell your first NFT. Where to sell NFT? New NFT marketplaces are popping up on a daily basis as interest in this technology continues to grow. In this section, we will look at some of the largest online marketplaces and discuss the unique goals of each to help you make a decision on where to sell your NFTs online and safely. Of course, if you want to sign up on an NFT marketplace other than these, do a search to make sure the site is trustworthy and reputable. NFT on OpenSea OpenSea was one of the first NFT marketplaces established and features a huge library of content with pricing across the board. The site covers all types of NFTs, from digital art to 3D collectibles and those used in video games. OpenSea is also completely open to newcomers, making it easy to start selling your work. The site is extremely accessible to those new to NFTs and has one of the best piece browsing experiences I've ever seen. This platform has seen its popularity grow thanks also to the Metaverse and virtual worlds, a new frontier that unites the NFT world with that of virtual reality. When you want to start your NFT on the metaverse platform for your investment, here is one of the best platforms to start.(J^x2TSMvRj1COh0^) NFTs characters on GXG Metaverse Gaming Platform GXG Metaverse Gaming Platform will be launched in 2022 to open up a brand new chapter with a virtual entertainment world where people can develop games independently, play and socialize between the players, and create the Gaming Finance (GameFi) related NFT characters. On the platform, not only the games developers can make profits for designing the games but also the players will get the virtual assets from playing and participation in GXG meta-event. The Metaverse Game developed by the GXG team is called Horse Racing which will give you incredible moments with the NFT role named “Raceshores”. Total circulation of 1000 NFT roles will be available for sale. Each NFT from GXG has unique attributes and pedigrees for the players. The distribution method for the system is blind box and whitelist. According to its high economic reward model, the win rates and bonuses attributes will be different. Holding the NFT horses is not only having the chance to participate in a competition to collect bonuses but also can sell the horses in the NFT Market and to obtain “stallions” through mating. NFT horse from GXG metaverse has uniqueness for serving a permanent asset for a holder from horse racing and will continue the holder to earn game bonuses. If you are the one who wants to explore the new NFT gaming projects, more info at https://www.yeyu123321.co/ Link to comment Share on other sites More sharing options...
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