How to become an NFT Artist?
Non-fungible tokens are changing the face of the art world since the purchase of “Everydays: The First 5000 Days” in 2021. Millions of people are thinking join the craze and start with their own non-fungible token art projects. In gact, it is no exaggeration to say that the huge money and perks that are offered with non-fungible tokens have attracted the whole world.
Thus, artists and common people are thinking about venturing into this art realm. If you’re thinking along the same lines but need help knowing where to begin, we’re here to help. After all, the crypto market, with its technical jargon, can intimidate beginners.
However, venturing into NFT art as an artist is not an impossible task. One can easily learn about this sector with knowledge of art and access to crypto and the internet. This article will guide you through the step-by-step process of becoming an NFT artist.
Who is an NFT Artist?
In simple words, an NFT artist is an artist or a creator who makes virtual art (or NFT art). The artwork created by the artist is basically non-fungible tokens that can be traded in the NFT marketplaces. Technically speaking, NFT artwork is created through minting by non-fungible token artists to earn revenue.
Here are some of the famous artists who are making big in NFT art:
- Mike Winkelmann (Beeple)
- José Delbo
- Amber Vittoria
- Refik Anadol
- Damien Steven Hirst
- Leopoldo D’Angelo
- Philip Colbert
- Sarah Zucker
- Nadya Tolokonnikova
- Hong Yi (Red)
- Summer Wagner
- Paloma Rincón
- Murat Pak
- Tyler Hobbs
Do artists make money on NFT?
Yes, artists or creators can definitely make money with their NFT art. Here are a few things that you must have to make money:
- Crypto wallet
- Funds in your crypto wallet (for minting and transactions fees)
- Membership to a marketplace where you can create and sell your non-fungible token artwork
Step-by-step process to becoming an NFT artist
- Create your art:
The first step to becoming a non-fungible token artist is to create artwork. The type of art you want to create is entirely up to you. You can create portraits, paintings, landscapes, or anything else that you like.
It is better to have your own niche from which you can churn your artwork. This also helps you hone your skills and build a good following for your work. While creating art in one style is good, let it not limit you to that style alone. You can try various styles and venture into different art territories.
- Select the blockchain you wish to use:
Once you create your artwork, you must select an appropriate blockchain network to host your art. These networks are distributed widely and are regarded as a decentralized public ledger. There are numerous blockchain networks that are well-known. Each of them has a set of pros and cons, so always research them before choosing. Here are some popular options:
- Bitcoin cash
Ethereum, without a doubt, is the undisputed favorite of non-fungible token artists and investors. As per the reports, this network covers around 97% of the non-fungible token sales. Thus, one can say that Ethereum is the best pick among these networks.
- Set up your crypto wallet:
Apart from selecting the blockchain, it would be best if you also established a crypto wallet as one cannot create, sell, own, and send non-fungible tokens without it. Similar to blockchain networks, there are several crypto wallet options that are available online. Here are some popular crypto wallets that you can select:
Most marketplaces recommend MetaMask for its efficiency and support. Also, remember that each platform possesses its own wallet, non-fungible token standard, and marketplace. So, choose something that you can use easily.
- Fund your wallet with the appropriate currency/tokens:
Once you’ve acquired your wallet, the next step is to buy some cryptocurrency that will power your selected network and help you proceed further. For instance, you’ll have buy ETH, if you select Ethereum network. Or, you can purchase MATIC tokens, if you choose Polygon.
Additionally, remember that the marketplace charges specific fees to transform the art into a non-fungible token. However, remember that Ethereum’s cost often varies, so check before purchasing.
- Choose your marketplace:
After buying cryptocurrency, you must decide which marketplace to use. This is typically where you will mint, market, and sell your non-fungible tokens, so choose wisely. If you want to keep things simple, you can’t go wrong with the industry’s leading marketplaces. Moreover, you can select a marketplace that is specific to artwork so that you can find potential purchasers.
- Connect the wallet to the non-fungible token marketplace:
After buying Ethereum and choosing a marketplace, you’ll have to add it to the wallet and connect the wallet to the selected platform. You can choose Coinbase, MetaMask, or other wallets that are compatible with your chosen venue.
- Make an NFT account:
Once you connect the wallet to the platform, register as an artist on the platform to transform your work. To change, click on the “create” button, which compels you to connect your wallet. Furthermore, you’ll have to add a virtual signature for security purposes.
After accomplishing these tasks, you’ll be permitted to add (upload) your virtual artwork along with a description and name. Once your upload is done, you can add the banner to complete your account.
- Create NFT:
When you create your account, the next step is converting your art. You can start converting your digital artwork with the help of Add New Item button. This button assists you in uploading the art that you want to transform into a non-fungible token. After uploading the file, click on “Create.”
- Mint an NFT:
The non-fungible token platform usually has an automated minting process on the site for the benefit of the users. It largely remains the same for all blockchains, with slight variations here and there. Although it’s hard to estimate how long the minting of a non-fungible token can take, most platforms, tools, and apps have streamlined the process to make it user-friendly.
Once the process is completed, the artwork transforms into a non-fungible token. You will also have to pay a minting fee to change your art into a non-fungible token.
- Set your prices:
Once you create and mint your non-fungible token artworks, they are ready to get sold. But before putting them on sale, you’ll have decide on the price. Since you are designer of the non-fungible token, you are the right owner to decide on price. If you are confused about determining the price, research on NFT art prices. Know more about pricing NFTs.
Check how other artists are charging and see the parameters that are included to set a price. In case, you are yet to make a name in this sector, it is best to keep a affordable price.
- Sell your NFT:
After deciding on the price, you can list your non-fungible token artworks on the chosen platform at a preferred price. Just follow the procedures followed in the platform and you’ll be good to go.
This is an excellent time for digital artists to take advantage of non-fungible token industry. Artists and aspiring artists can reap the benefits of the booming NFT industry by creating unique artworks. In fact, converting artwork into non-fungible tokens is seen as a lucrative job that helps you earn good revenue or act as a extra source of income.
Becoming an artist is not difficult, provided you have a crypto wallet and internet connection. You can follow the steps provided in this article and start your non-fungible token journey easily. Numerous investors are searching for good NFT artists; so choose your art style and get started without any delay. Just be patient and consistent in your approach to finding success.
Whether you wish to learn about NFT, Blockchain, Web3.0, Metaverse, or other emerging technologies, we have the vital resources that will enlighten and help you make an informed decision.
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