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How to Make Money Designing and Selling NFTs

NFTs have been around the corner for almost half a decade, bringing up a unique approach to digital assets and their use cases. Many investors and creative professionals have been part of this digital influence since 2017. Today, we observe athletes, celebrities, and influential personalities inclining towards NFTs and the system involved in it. They have successfully created their NFTs and have them sold at a reasonable price.

Do you remember Beeple, the digital artist who sold his digital artwork for $69.3 million? This would've indeed brought an enthusiastic desire to make money with NFTs. The following guide presents you with a complete direction of making good money with NFTs.




Creating your First NFT

The following steps clearly define the requirements for making the first NFT across a digital platform. Look into the steps to get a chance to become a millionaire through selling NFTs.

Step 1: The first step involves choosing an NFT platform for yourself. A variety is available across the digital market, which includes OpenSea, Rarible, SuperRare, and Foundation. You can decide over any digital platform for covering the whole procedure.

Step 2: Auction platforms “mint” your NFT, converting the necessary artwork into appropriate non-fungible tokens (NFTs). For covering the minting fees, you are required to buy Ether for the process. Hold the Ether and connect the wallet containing it with the digital platform to proceed with the process.

Step 3: Connect the digital wallet that you have made across platforms like "Trust Wallet," "MetaMask," or "WalletConnect." Make sure that the wallet is perfectly connected.

Step 4: Once you connect appropriate tools for executing the process, you are now advised to upload the NFT across the digital platform. Open your NFT platform and initiate the process. Not only do these platforms allow you to sell the NFTs for a single time, but you can also have them auctioned multiple times. This is what makes NFTs quite special. Following this, you can upload the digital files in different file formats, as available. However, there are some file size restrictions that you may need to cater to.


Selling your First NFT

Once you are done uploading your first NFT across the digital platform, you need to proceed into selling it to bring maturity across your digital business.

Step 1: The first step to sell the NFT involves setting up the auction options for the digital asset. It is up to the user to set up a fixed price for the digital NFT. Furthermore, they can also set it up for unlimited auctioning, where the price raises over every bid. Along with that, you can even set up restricted time parameters for auctioning the NFT.

Step 2: Put up an impressive description of the digital NFT to be sold. Develop a unique and impressive description that would effectively allure investors into claiming the piece of art. The profits and percentages are divided accordingly among the involved, and the description is all set for your NFT.

Step 3: Pay up the listing fees for putting the NFT on sale across the digital platform. This concludes the complete process. You now need to wait for the perfect investor.


Conclusion

The aforementioned step-by-step guide clearly describes how you can effectively create and sell NFTs of your choice. People new to this system can look up to these steps to get a progressive knowledge of what and what not to do in the process.


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