How to create your NFT collection business

Starting from The first entirely digital artwork, an NFT made by the artist Beeple, which has been auctioned at the English auction house Christie’s for around $70 million, non-fungible tokens have made their way to new beginnings and ways.

In this way, digital art assets in the NFT market, invent financial opportunities for unknown artists, auctioning or selling their works in a universal and decentralized market.

What is an NFT in the art market?

They are tokens stored on the blockchain, with a unique value and that cannot be copied. These are shown as a key and important aspect in digital art, where the assets do not remain represented by a physical object, but by the digital object or work.

What is an NFT in the art market?

If you want to start having your business as an NFT artwork artist or a collection these points can help you:

• Planning the type of art and the direction of the collection.
• Exclusivity for the users who buy the artwork
• Platform selection

How to produce your NFT collection?

Once you have taken into account the previously mentioned points, the process to produce your NFT collection is quite simple, depending on the platform, however, the interface is very similar in the recent Marketplaces:

• Link your Wallet; In the situation of OpenSea, Raible, among others, allow their users to link different wallets to generate an account, such as MestaMask, CoinbaseWallet, Bitski, and Dapper.
• Produce Collection: Once in the interface, you must look for the “Create a Collection” option among the available possibilities.
• Conceptualize Price; Once you have carried out the above steps, a new window will appear with the technical specifications of the NFT, as well as additionally the cost alternative in Ethereum equivalent to the quoted cost in dollars.

Finally, you will need to choose all the components in the assignment with the blockchain, capable contracts, fees, commissions, choose a marketplace or produce your own}.

Here at The Blue Manakin, we can help you find the approach you need for your NFT collection, create it with us.