NFT 101 : How To Turn Your Digital Art To NFTs And Make Sales (NFT For Newbies)

NFT is an acronym for NonFungible Tokens and has been one of the most popular aspects of crypto in the past few years. It got really popular about 3 years ago mostly because of the insane amounts of money some digital arts have been sold as NFTs, it is a great way to get involved in cryptos and mostly because it is a lucrative way for artists and creators all around the world to meet collectors and people who have great interest in their works.

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Getting started with NFTs is quite easy but as a newbie, you would probably need to learn about a few things like some popular terms like Minting, Gas Fees, Floor Price, etc which would allow you understand better how Nfts work.

Minting: This is the act of turning your art into an NFT. It's more like registering your art as a unique entity on the blockchain which allows it to be tokenized.

Gas fees: These are a specified fee required to be paid to allow Minting. The gas fees for minting varies from network to network with NFT marketplaces built on the Ethereum blockchain having the highest gas fees (most expensive).

Floor Price: This is the least price of the works in your collection.

The Hive blockchain also has an NFT marketplace for digital arts which is the NFTshowroom. It is cheaper to mint your art on NFTshowroom than on most NFt marketplaces out there. I recommend starting with the NFTshowroom as an NFT newbie just so you'd get familiar with the terms and procedures of turning your works into NFTs.

You don't need knowledge of coding/ programming to be able to turn your works into NFTs. As a matter of fact, it's one of the easiest things to do in the crypto space and only requires the simple knowledge of how to upload your art and send cryptos (carry out transactions).

Now that you've minted your works and they're now NFTs with your preffered price, its advisable to be patient as you expect sales. There are tons of artists on NFT marketplaces across several blockchains and so patience is quite necessary as sometimes sales maybe frequent and consistent same way it may not happen for quite a while. Same way as a newbie on Hive, you may not earn as much as someone who is well known and has been an active member of the platform for a pretty long time.

It's also best to keep promoting your works and engage with the community of artists because many collectors and art lovers tend to stick around and observe artists who are consistent, reliable and hardworking.

NFTs were thought to be just a bubble at first but have proven to be another aspect of crypto worth our attention. It's here to stay and now is still a great time to come on board.