nft marketing

When you have an Ethereum NFT which is based on open source so you can create them on OpenSea and sell them on Mint or Foundation. Taking OpenSea which is the largest platform for selling and buying NFT this is what you can do to sell NFT: In the sale, you will have the OpenSea service fee, which is 2.5 percent, and the royalty for the creator, which is sometimes 10 percent. You will then need to confirm your sale by signing a transaction. And that’s it. You will now be in a position to sell your first NFT. If you want a more detailed guide to creating and selling NFTs, we have a blog where we already talked about it and we leave it here. If you have a great project idea, consult us and we can help you with everything you need to launch an NFT or cryptocurrency project.

Minting is a very key word when we get into the world of NFTs, it is something very basic and it is important to know it because it is basically how NFTs are created. What does it mean to mint? Each NFT is unique, this is what gives it its market value and what allows transactions to be made with its information, these tokens are in unique code chains within the blockchain. Minting could be said to be assigned a blockchain certificate to a digital asset, and each network or platform has its particular protocols and procedures. So the process of mining is different according to the blockchain they use. What is minting an NFT? To mint, an NFT means to create a token or a certificate of an asset and upload it to the blockchain that allows it to be traded and accumulate value. How do I mint a Solana NFT? Solana has its cryptocurrency and is based on the PoS approval system which is a very efficient protocol. Mining a Solana NFT consists of uploading new certificates using the blockchain used by this network. Where are NFTs minted? It all depends on the type of network, for example, to mine an NFT in Ethereum, you must create an address associated with a smart contract under the ERC-721 or 1155 format. This could be done through OpenSea, Mintable, or Rable, among other platforms. How much does it cost to mint an NFT? Here it also depends on the network we use to mine the NFT since each one has a different cost, a platform commission, as well as a different network gas value. First of all, we have to pay the cost that the collection will have, this is decided by the people who have created the project, to this cost we will add what is charged by the platform in which we are buying the NFT as Open Sea and finally we have the gas fee or gas rate. These fees are paid by the users when a transaction is made within a blockchain and it is a system that works with a supply and demand mechanism. So if there is a high demand for transactions, more will be paid for them. There are Wallets like MetaMask that allow users to interact directly with the Ethereum network, being able to choose the amount of gas they want to pay for. In the end it all adds up in our mint Is it possible to mint for free? This is a question that can be answered with a yes and a no because while there are collections that may decide not to charge a peso for their NFT, the gas fee is still on us. So an NFT can be sold for free but to mine and generate it we will have to pay the gas fee which can be the difference between paying 10 dollars for an NFT or 200. Conclusion: This concept is important to know because it is how we get the NFTs and when entering the discord of a collection or their social networks, this is a word that we are going to see a lot. Understanding how it works does not allow being prepared for everything, as this is something that if or if you have to pay and have it in mind we can be ready for the worst.

While the profitability of NFT trading is no longer the same as it was a year ago, it is still possible to continually increase your capital. It is important to keep in mind that this new environment is highly volatile, still in its early stages of development, but still with an exciting, enlightening future, and with a dynamic global reach. Expand your social media with information from NFTs Twitter is the channel where you can get information about any NFT, where you can find out about new projects, and what members of the NFT community are saying about them. Check out whom the most popular collections follow and based on that, many platforms serve as an NFT release calendar or join discord servers of knowledgeable users Beware of FOMO When you get into buying and selling NFT assets, you will be exposed to a lot of hype from different new projects that may or may not be quite profitable in the future. One piece of advice we can give you for sure is to be a person aware of this hype when deciding to enter into trading NFTs amidst the Twitter noise. Look for the best crypto pick While the Ethereum network is the most famous network that houses the largest collections of NFTs, it is the most expensive of them all. Thus, if you want to trade an NFT from the Opensea.io platform, you will have to add to the cost of the NFT ($200) an additional transaction or fuel cost (gas fee) that will vary according to the demand at the time. So keep in mind that the price at which you buy the NFT is not necessarily the final transaction price. Look for opportunities in other networks  In both marketplaces, there are 2 iconic collections because they were among the first, Degenerate Ape Acadamy for Solana and Spacebudz for Cardano. While they are less popular than Ethereum, the cost per transaction or fee is negligible, with values ranging under 2 dollars in Cardano’s situation per transaction.  What type of NFT do you like? If you are one of those who want to collect 1/1 art from independent artists you should consider that the return on your investment may take longer than with a collection of 10,000 NFTs with an average of 2-3500 collectors per collection. Conclusion Being an NFT collector and trader is very exciting, but it is important to be well informed and be careful with excessive hype before starting to make investments, as well as taking into account that although we can get a return in a short time, most of the time it is not and it takes time so you have to be patient.

At the beginning, Open Sea was the most known platform for buying and selling NFTs if it wasn’t on Open Sea, it didn’t generate the same trust. But nowadays we already have different platforms for NFTs and not only NFTs from the Ethereum network. We mention them to you below: Mintable: Backed by Mark Cuban, it is a platform for buying and selling NFTs that is working to become an open marketplace, similar to Open Sea. It uses the Ethereum network but one of its advantages is that it allows you to create them without charging gas and you only need to connect your cryptocurrency wallet Rarible: It is considered the second-best platform to buy and sell NFT after Open Sea. It has a clean and clear interface, which makes it possible to know which NFTs are trending and an area to explore topics you like. The platform not only makes it possible to market or sell NFTs but for creators, it even makes it possible to get royalties of up to 50 percent on future sales (although 5 or 10 percent is common). Ethernity: Ethernity is a platform that makes it possible to market exclusive and reduced-version NFTs, with a particular focus on sports, such as soccer or soccer. Ethernity provides 2 mechanisms to market an NFT: an auction or if an owner of one that has been traded on the platform wishes to sell it. The platform keeps 75 percent of the sale price, both of which are given to the artist. There are personalities such as Messi or Luis Suarez on this platform. OpenSea: OpenSea, which defines itself as the largest NFT platform, gives a diversity of non-fungible tokens, such as artworks, domain names, and collectible cards, among others. Digital objects comply with ERC-721 and ERC-1155 standards – which endorse veracity and exclusivity – in collections such as Axies, ENS (Ethereum Name Service) domain names, CryptoKitties, and Decentraland, among others. In addition to auctions, Open Sea makes it possible to sell items at fixed costs. Valuables:  This has been the platform of choice for Twitter founder Jack Dorsey to auction the first-ever tweet for $2.9 million. You can check ongoing auctions or enter the link to any message and rule whether you want to sell it or buy it. Conclusion: We hope this post has helped you learn about a few extra options to what the Open Sea and Rarible are. But as we always remember that this post is not an investment recommendation, it is up to each one of us to do our research to taste where it is more convenient for us to invest.

Meta, the company in charge of social media on Facebook and Instagram, announced another advancement in its digital arts initiative. As of this September 29, users in 100 countries on both platforms can connect portfolios and share NFT. Users will now be able to tag creators and collectors and post-digital collectibles across platforms without having to pay any fees. This feature had been in testing since last August, where some users could have the opportunity to share digital collectibles they own on Facebook and Instagram. The company now has support for third-party wallets such as Rainbow, MetaMask, Trust Wallet, Coinbase Wallet, and Dapper Wallet, along with support for Ethereum, Polygon, and Flow blockchains. Several Twitter users expressed concerns about the security and privacy of data shared when connecting their digital wallets to Meta’s platform at the time as a data breach had occurred. With Meta entering the NFT market, we would now have 3 of the major social networks allowing their users to share NFTs and we hope this move will give many people the opportunity to enter this world.

The Propy platform auctioned the first NFT property and achieved $93,000: this transaction will revolutionize the real estate market. The significance of the process is as follows, the property’s Ethereum-based NFT, which stores smart contracts, includes those lines of code that describe the set of rules that must be followed before it can be unlocked and money can be transferred. For those familiar with real estate, smart contracts may resemble the receivership of an NFT property, which represents a legal agreement in which a third party temporarily stops the transfer of money or property until a special condition is met. Selling a property in NFTs: the future of electronic contracts? As NFTs are ultimately digital certificates, they also certify ownership, which facilitates the digital transfer of your ownership rights to the new owner. Subsequently, the sale is recorded on the Ethereum blockchain, thus minimizing paperwork and avoiding a transfer of ownership through a conventional act, in which case NFT certificates minimize paperwork. Once the process is completed, the new owner of the NFT becomes the owner and, therefore, of the asset itself, as this process is repeated each time the NFT is attached to the asset. Conclusion Not only can NFTs help ‘tokenize’ property by simplifying contracts, but they can also help homeowners use their homes as collateral for loans without the complicated approval process.

The Torah is on its way to becoming an NFT on Ethereum. This great book is divided into 54 parts which are known as Parashah is going to be converted into a collectible token. Where the idea came from: The creators of this NFT have made this decision because they see the Torah as if this is the original and oldest blockchain in the whole world. Starting from the definition of a blockchain, the rabbis cite that the Torah has been passed down uninterruptedly from generation to generation for some 3,000 years. Tangibilizing immortality The features and properties of NFTs, built on blockchain, have the potential to cannibalize the religion of immortality. Just as in other faiths, in Judaism there is the religion of life after death, so immortality can make sense in blockchain as the function of being preserved and remaining in all time. Through the Torah, we connect our present generation and the past generation. What is the purpose of this? The plan for these collectible tokens is that they have the potential to be used as a gift, to honor an esteemed one, or to consummate, through their purchase, the commandment to cooperate with the writing of a Torah scroll. Another reason why they were encouraged to tokenize the Parashas as NFTs is to raise funds to finance the construction of novel physical copies of the Torah, since in general the creation of a physical scroll of this book with kosher certification, indicates that it respects the ceremonial prescriptions of Judaism that should be carried out with certain particular properties, is very expensive, ranging from 30,000 to 100,000 dollars. Up to now 6 quantities of the Torah already remain in the commercialization of OpenSea. The designer of these NFTs after finishing her conversion process to Judaism, in the early 2010s, elaborated some artworks with Judaic themes, as part of the D’rash Design Plan. Conclusion: The fact that something like this is happening is that already things like religion are going to be able to be immortalized in the crypto world since, in the very characteristics and properties of NFTs, built on blockchain, they can tangibilize the religion of immortality. Just as in other faiths, in Judaism there is the religion of life after death, so immortality can make sense in blockchain as the function of being preserved and remaining in all time. Another example of God and cryptocurrencies is one in which a message from the New Testament has been integrated into the 666,666 blocks of the Bitcoin blockchain. Maybe with these examples, more religions will be encouraged to enter the crypto world.

 Blockchain-based games are games that use the real ownership of items used in the technology at the core of cryptocurrencies such as bitcoin or Ethereum. What is their basis?  These blockchain games are formed by programs created for players to be introduced to the cryptocurrency market by obtaining unique NTFs as digital assets to carry out game goals. These objects can be: Weapons Mask Experience points Cards Abilities What are their benefits? These objects have a tangible cost that players can exchange with others. Such NFTs gain cost thanks to blockchain transactions and the transfer of items that are done through capable contracts that automatically send NFTs to players. One of the benefits of blockchain gaming is that there is no likelihood of these transactions being undone or ignored. Therefore, NFTs represent unique resources that have the potential to be transformed into assets for which quite a few people would be willing to offer incredible sums of money. Another advantage is that most games are based on obtaining and exchanging goods. Problems One of the problems encountered is scalability, as blockchain-based games are limited by the relative slowness and price of transactions, which is ultimately a problem since the video game industry is all about being easy, immediate, and dynamic. We are currently mindful that blockchain gaming meets largely in building assets for prized transactions. Blockchain games have already found an audience of enthusiastic competitors, but their future is dependent on finding a way to achieve a huge reach. However, the way to produce money in each NFT game is different, so you must try it out yourself. Some of the best-known titles that have existed: Crypto Kitties Axie Infinity Evolution Land So rare Conclusion While blockchain-based gaming projects are currently not as popular as they once were, they are still a space that is being explored a lot and new options are still coming out for gamers to get more and more into this world of digital assets. Still, thanks to the metaverse and the adoption of this space, it is likely that we will continue to see the birth of many blockchain gaming projects in this new era.

Opensea is the largest marketplace for digital goods such as collectibles, video game objects, digital art, and other types of assets that remain stored in the Ethereum blockchain. That is why below we will talk about some steps we must do to be able to publish and sell our NFTs through this marketplace. Create a wallet, First of all, having a wallet is a prerequisite to moving around Opensea and virtually any other decentralized marketplace.  Metamask is a pretty good alternative to have your tokens and NFTs because it is the most used one. How to sell in Opensea? If you want to try to join this wave, here’s how to sell on Opensea in 5 steps: Step 1: Make your gallery beautiful To produce a collection, click on Create – My Collections at the top right and the “Create” button. Enter a name for the collection, and a specification and upload a 350 x 350 image that works as a logo. Once we click on “Create”, a pop-up will appear mentioning that our collection was developed, so we click on “Add items”. Step 2: Have a file that you want to make NFT. It can be audio, a tweet, a song, a video, a photo, a painting, or a digital drawing. Just keep in mind that it has to be something you own, and with that, you click on “Add items” in our collection, we log in with our wallet again and start generating our first NFT. Apart from this, we see 3 more possibilities to add: Properties, Levels, and Stats. These are very useful if you create a collection and want to differentiate the properties they have from each other. Let’s imagine that we have a collection of characters for a video game and some have more levels than others or do more damage, that’s what the Stats are for: this section is often used if you are going to generate numerous variants of this NFT and you want the client to taste the total portion that is there. Here are some things to consider for your NFT: You must upload your file. Make sure it is no larger than 40 MB. You must fill out a certain form: o Title o Description o External link o Properties o Levels (for example, if it is a set or if there are several pieces) o Statistics o Unlockable content (can be files, links, or other information that can only be seen by buyers) o Specify if it is sensitive content Step 3: once you have everything ready, launch the first offer, which determines how many copies of the NFT can be made. It also allows you to freeze the metadata. In the end, click on create, and that’s it, you have your first token. Follow the rules that your wallet tells you. If you do not have ETH in the wallet at the time of listing, read Step 4. Step 4: (optional): Buy Ethereum (ETH) You can search the internet for any dealer to get ETH to market. If you are using Metamask, you can click on Buy and with a card and a small commission, you can trade ETH. Step 5: Once you create your token, you will get an option to sell it, you can choose if you are going to sell the work at a fixed price, to the highest bidder, or together with other works. You will also be able to choose in which cryptocurrency you want to get paid. Now, think about that absolutely every transaction you make on the blockchain generates an expense, and this depends a lot on the size of your file and the data you have filled in this section. Now you have to take into account certain expenses that are going to occur and why it was important to fund the wallet. o The commission for OpenSea o The wallet platform fee for the blockchain of the cryptocurrency to be used (Only at the beginning, for your next sales it will not be necessary). o Commission people who refer potential customers to your art. We hope this information can help all those artists who are looking to start selling their artwork through this medium.