Create an NFT Gallery
The third step in creating an NFT is to create the collection, or gallery, where others will see the digital asset. On the platform, you will create the gallery, name it, write a description and provide a file image that will be displayed. This establishes a sort of store for you to display your digital assets after creating them.
Create an NFT
Depending on the platform used, you will now begin creating the NFT. Find on the platform how you create a new item and click on that. You will be given the option to upload metadata that can include visual file formats, audio file formats, and other types of formats, such as 3D files. Once you’ve uploaded the metadata, you can name your token. You have the option of minting one token without any copies made, which can increase its value. You also have the option of creating multiple copies of the token, creating what are known as edition tokens that are numbered to identify how limited they are.
After choosing the minting type, you can add properties and stats to the token that may be relevant to buyers, such as the date of creation or social links. When finished, you then save or hit “create” on the platform to add the NFT to the blockchain where it is now displayed. This step requires using ETH to pay required transaction fees, known as “gas” fees. The final step is choosing the payment tokens you will accept for the digital asset and the percentage of royalties paid to you for future sales of the asset.
List NFT for Sale
With the creation of the NFT, now you can list the asset for sale. The sale occurs either by a set price listing, an auction or a bundled sale, whichever you choose. You also establish the price for which you are selling the NFT. This step can also include a gas fee charged to list the digital asset for sale. Now is the time to promote your asset on social media and to promote the sale to potential buyers.