If you are thinking of creating an NFT project or a non-fungible token, below we will present a series of steps that will help you when it comes to putting it to the test and promoting it on different platforms.
1) Create a virtual wallet.
Before making an NFT, is necessary have a virtual wallet that is compatible with Ethereum blockchain. We recommend you to create your first wallet at https://metamask.io. Follow the steps, it is simple and it is one of the best wallets on the market.
2) NFT marketplaces.
You must choose a platform where you can create and publish your NFT. There you must pay a gas fee and if you are lucky enough to sell your NFT, you will receive the money right there.
3) Create an NFT.
Every NFT marketplaces provides a step by step to follow for the creation of your artwork. As we said in the previous article, your NFT can be created by anything you deem appropriated and that can attract attention.
Once created, platforms usually offer the option to create a single NFT or a serie/collection.
4) Confirm the transaction.
You will have to have enough cryptocurrencies for this.
If you still have doubts about how to create your own NFT project you can contact us. At Epical we provide personalized advice so that each of our customers can create and disseminate their projects effectively.
We can help you in your process of planning, implementation and monitoring of Blockchain technology to take your business to another economic scale!
Want to invest in NFTs?
On the other hand, if you are thinking to invest in NFT, you should also take into account the following recommendations:
- Be sure to vet the person you’re buying from, many creators have impersonators that try to sell fraudulent NFTs.
- Don’t forget that even if you find a free or inexpensive NFT that you like, you’ll still have to pay transaction fees.
- The value of many NFTs have increased significantly in the recent past, and has therefore created a wake-up call among the investment community.
- Physical collections are historically prized, and many believe that the market will behave similarly for digital art.