How to Create Your First NFT - A Step by Step Guide
BLOCKCHAIN
6/18/20223 min read
NFT has been a very hot topic recently. In this article you'll learn what is an NFT and how to create an NFT.
What is an NFT?
NFT, short for non-fungible token, is a non-interchangeable unit of data stored on a blockchain such as Ethereum, that can be sold and traded. It is a way to represent unique items as a blockchain based item. Say you have a unique picture, and you want to make it an NFT. That means to use blockchain to represent that picture.
How do you create an NFT?
In this video below I'll show you how to create an NFT. There are multiple platforms that allows you to create an NFT. I’ll use OpenSea, one of the largest NFT peer-to-peer marketplaces, as an example to show you how to make an NFT.
Step 1: Create a Crypto Wallet
You need a crypto wallet to create, buy, sell or store an NFT. Owning a crypto wallet is a prerequisite in the NFT world. Please see a list of crypto wallets in the demo video above.
Step 2: Create an Account with OpenSea
Go to OpenSea website (https://opensea.io/) and create an OpenSea account by connecting your crypto wallet.
Step 3: Choose an Object to Make an NFT
Some people may think it has to be a crypto punk or a bored ape or some other digital art to make it an NFT. It is NOT. You can choose any image, video, audio, or a 3D Model to make an NFT. It can simply be a picture or video of your pet that you took.
Step 4: Turn an Object into an NFT
Please watch the demo video for Step 4 to learn how to turn an Object into an NFT.
You have multiple choices regarding what blockchain to use for your NFT on OpenSea. Two popular ones are 1) Ethereum 2) Polygon. If you choose the Ethereum blockchain for your NFT, you’ll need to pay a fee (called gas fee). If you choose the Polygon blockchain, there will be no gas fees. So it will be free to list. I won’t dive deep here to explain the pros and cons of using Ethereum vs. Polygon for your NFT. Assuming this is your first time to make an NFT to learn how this works, I recommend using Polygon blockchain as it is free.
Step 5: List and Sell an NFT on OpenSea
Now you’ve created an NFT and you are ready to list for sale. Please refer to Step 5 in the video for a demo of how to list an NFT for sale.
Please feel free to comment below or DM me if any questions. Happy to help!