How to Make an NFT?
Updated: Feb 23
One of the top questions we see searched is "how to make an NFT". This is such a common question, yet there are several different ways a person can do this. There are many routes you can choose from; however, it just comes down to your preference. The first step in our opinion is doing your research. It is important that you know what an NFT is before you get involved. NFT stands for non-fungible token. You can think of an NFT as a piece of art that has a certificate or a receipt. NFTs work the same way, but just with digital content. This digital content can range anywhere from songs, videos, pictures, etc.
The next step could be deciding what your goals of the collection are. Whether you are listing 1 or 1,000 NFTs its important to set a creative and strategic goal. You may already have an idea of what you want your collection to look like or you may need help coming up with the creative process, which is when you could reach out to a designer.
It is important to define and outline your goals. For example, maybe you have a brand or a business and want to release an NFT project with perks. You could offer free services for a year as a benefit for customers who purchase from your collection. You may just have a fun/ creative idea and want 1000 digital animals created with different rarity traits. It really just comes down to your personal preference. It is important to plan this all out before creating your collection.
Next when figuring out how to make an NFT, you should figure out which Blockchain you will be using for your collection. Some of the most common ones include:
· Binance Smart Chain
It is important to look into which blockchain to choose. Each blockchain offers different characteristics. This type of research is essential for the long-term success of your project, so you could choose cautiously.
Next you should look into signing up for a cryptocurrency wallet. There are a ton of options to choose from. Each of the blockchains do come with a different NFT token standard, which will help determine compatibility. A couple of different things you should look into when deciding on a wallet is:
· User Friendliness
· Multi Device usage/ Prescence across several platforms
· Cross-Chain compatibility
Some examples of Ethereum wallets include:
· Coinbase wallet
· Alpha Wallet
You should always fill up your wallet and come prepared . When you are creating an NFT you may have to pay some transaction fees, which are also known as gas on the Ethereum blockchain. You should always have some extra money in there to be on the safe side. Once you have your collection created you need to pick an NFT marketplace to list it on. There are so many to choose from. When deciding which marketplace to choose from you should look into which platform suits your goals and needs best. You should narrow down your interest when looking into listing. Not all marketplaces off the support of all tokens. Here are some of the most popular marketplaces:
· Axie Infinity
· The Sandbox
· Nifty Gateway
· Binance NFT
· Bakery Swap
Learning how to make an NFT can be very confusing and hard to follow. This is part of the reason we came up with the NFT Management Group. We are looking to help people create, market, and build up their collections. We also help educate you on the space before we get started. It’s important to do your research and not always look for a quick turnaround. When you work with us, we set you up with a designer to help fulfill your goals and creative needs. Then we take care of the rest! We work with brands and individuals to create their own personal collection. We even build a community around the collection.