NFT Artists Are Already Making Millions: See How To Get Onboard!

Today, I’ll walk you through the steps of creating and selling your own digital art on the blockchain as an NFT.

The crypto industry is thriving, as is this digital asset on the blockchain, known as the NFT.

Currently, many digital artists are making a career through NFT, and some are even selling these NFTs for a fortune.

Think of it: Beeple sold his NFT for $69 million, while Chris Torres sold his Nyan Cat for $600,000 Huge, huh?

Now, who knows how much you’ll sell yours for after reading this post.

If you’re already thinking about it, then let me show you how to become an NFT artist in a matter of minutes.


Post Summary

This is what I’ll be discussing in this post:

  1. What Is NFT?
  2. Who Is an NFT Digital Artist?
  3. How to Turn Your Art Into An NFT for Profit
  4. Why You Should Become An NFT Artist
  5. Is Being An NFT Artist Profitable, And Who Has Profited?
  6. FAQs
  7. Conclusion  

Let’s dive in!


What Is NFT?

NFT digital artist

NFT stands for non-fungible token and is used to represent uninterchangeable unique digital assets on a blockchain.

1 BTC, for instance, is equivalent to another 1 BTC, however, this is not the case with the NFT.

This is because NFTs cannot be replicated or broken down into fractions, it cannot be counterfeited too.

Also, because NFTs are built on the blockchain, it validates the certificate of ownership of a digital asset.

So now, you can think of NFT as the painting of the Mona Lisa by Leonardo Da Vinci.

Although you can have her painting on your phone, you can not sell it to anyone unless you have the original copy and the certificate to do so. Hope you get it?

You can issue any non-fungible item as NFT on the blockchain, and they include; collectibles, artwork, music, text, and so on.

If you still want to have an in-depth knowledge of NFT, here is an article where it is fully discussed.

Now, let’s get right into the next section!


Who Is an NFT Digital Artist?

Well, as you might know, digital art is any piece of artwork that is created with technological tools.

It can also be viewed online on any computer and via the internet.

Now to answer this section’s main question:

An NFT digital artist is someone who creates digital art, then converts it to NFTs on the blockchain, and sells them on the NFT marketplace.

Furthermore, as an NFT digital artist, you can get rewarded for your work for the rest of your life.

This is possible through what is referred to as NFT royalties.

An NFT royalty is a percentage paid to an NFT artist whenever a buyer, also known as a collector, sells their NFT on the market.

Anyone with the right skills can become an NFT artist.

For instance, you can make your own one-of-a-kind designs if you are a digital painter or a graphic designer.

Then, follow the steps which I will be showing you in the next section to turn them into an NFT and start making money off them.?

Let’s hit the next subheading!


How to Turn Your Art Into An NFT for profit

In this section, I will give you step-by-step tips on how to convert your artwork into NFT.

1. Create Your Artwork

Becoming an NFT artist starts with creating your artwork.

Your artwork can be any wonderful piece of your choice from, collectible, painting, virtual lands, GIF etc.

However, you need to make sure that it is unique.

That is to say that it must be free from all forms of plagiarism or copyright and that you are the sole owner.

Nevertheless, if it is someone else’s work that you want to convert to NFT, then you must ensure that you have the legal right to do so.

This is because failing to do so will result in copyright infringement.

2. Decide on a Blockchain

If you have your artwork ready, the next step is to pick which blockchain you want to use.

NFT is already supported by a slew of blockchains, including:

  • Ethereum
  • Binance Smart Chain
  • WAX
  • TRON
  • EOS
  • Polkadot
  • Tezos etc

Note that every blockchain has a different token standard for NFT.

For instance: while the NFT token standard for Ethereum is ERC-721, that of the BSC network is BEP-721, and so on.

3. Choose an NFT Marketplace

Choosing an NFT marketplace depends on the Blockchain that you have chosen.

Put it this way, each NFT marketplace is hosted on a particular blockchain, and that is where your NFT will be hosted as well.

For example:

Let’s say you want your NFT on the BSC network, the list of the marketplace you can select from will include:

  • Airnft, Refineable, Juggerworld, Bakeryswap etc

However, the following marketplace is available to you, if you are opting for the Ethereum blockchain.

  • Rarible, OpenSea, Mintable

And so on…

It’s also worth noting that certain NFT markets demand registration while others don’t.

This review will show you a list of reputable NFT marketplace that you can select from.

4. Connect Your Wallet

To begin the process of converting your artwork into NFT, you will need to link your wallet to the NFT marketplace that you have chosen.

Various NFT marketplaces support a variety of wallets.

The wallet to which you will link will be determined by the wallets supported in the marketplace.

Additionally, make sure you’ve funded the right token in your wallet because you’ll be using it to pay for your transaction fee.

5. Convert Your Artwork into an NFT and Sell It for Profit

This is the final step in the NFT creation process.

Although some NFT marketplace will have you finish this step first before connecting to your wallet.

Basically, all you do here is to:

  • Upload your artwork and fill up the relevant details provided by your NFT marketplace
  • Wait for your transaction to be approved.
  • Finally, your artwork will be converted to an NFT. It’s that simple!

Some NFT marketplace like Rarible would provide a sales option for you to fill in at this stage too.

While other NFT marketplace like BakerySwap will allow you to mint or convert your artwork to NFT before filling up the sales page for listing.

Note that while setting up NFT for sales, you can:

  • Set up a fixed sale price
  • Auction it to sale to the highest bidder
  • Unlock a high resolution of your artwork once it is purchased

Whichever way, it is entirely up to you to decide.

You may even choose to store it in your wallet rather than selling it immediately for future purposes.

Here is a post that will give you a practical guide on how to create an NFT on Rarible.

Now, you might be thinking if being an NFT artist makes any sense at all.

Of course, it does, and I’ll give you some reasons to back up my answer in the next section.

Scroll down and read on!


Why You Should Become an NFT Artist

Here, I will give you 5 solid reasons to prove that being an NFT artist is not a waste of your time.

i. Authenticity and Ownership

NFT proves an art’s authenticity and true ownership by making it easily verifiable on the blockchain.

In that way, digital artists like you would not have to worry about copyright infringement.

Take, for example:

Many fans have copied and shared Beeple’s art (you remember him right, check the intro).

However, It is only the main buyer of this NFT that owns the “original” work.

ii. Scarcity plus uniqueness

NFTs are unique, and it is this feature that makes them scarce.

Scarcity, as you already know, is one factor that increases the financial worth of any asset, regardless of its use cases.

For instance:

It is scarcity that explains why Beeple’s NFT was sold for a whopping $69 million.

iii. NFTs transcend geographical boundaries

Think about it: NFT saves you time and money as an artist.

With NFT, you don’t have to wait for your artwork to be accepted by the world’s largest art gallery before you can sell it for a profit.

iv. Profitability

NFT is paving the way for digital artists to have a profession that will last a lifetime.

Gone are the days when artists post their works on social media and receive nothing in return for their hard work.

Aside from the money earned from selling his artwork, an NFT artist earns a percentage of all secondary sales through NFT royalties.

The sales made by the direct buyer and other subsequent buyers are referred to as secondary sales.

However, NFT does not only reward digital artists; it also rewards collectors.

This is because these collectors see NFT as an investment that they can buy low and sell high for profit.

v. The craving for collectibles

People have always had a penchant for buying ostentatious possessions.

This is dated all the way back to ancient times.

So, with NFT on board, it can only mean that the NFT market will continue to grow.

This is because it provides anyone with limitless access to the digital artwork that they crave.

In the next section, I will show you just how profitable NFTs can be. Scroll down!


Is Being An NFT Artist Profitable, And Who Has Profited?

As previously stated, there is already a plethora of NFT digital artists profiting handsomely from their artwork.

Without further ado, let me mention a few of them for you:

You already know the story of Beeple and Chris Torres, so let me get on with other famous NFT artists.

  • Twitter CEO Jack Dorsey sold his first tweet (as seen below) as an NFT for $2.9 million and donated it to charity.

There are more NFT artists to list, but since this post isn’t about the top NFT artists, we’ll take a break here.

Scroll down to the FAQ section.


FAQs

1. What are NFT sold for?

NFT are bought and sold for cryptocurrencies like:
Bitcoin, Ethereum, Litecoin etc.

2. Which blockchain is the best for NFT?

The best blockchain for NFT is determined by your preferences and the marketplace in which you intend to mint and sell your NFT.
However, it is important to note that Ethereum is currently the leading blockchain for NFTs.


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Conclusion

Without a doubt, the NFT is opening up new doors for digital artists like you to showcase their artistry to a global audience.

But, unlike on Facebook and Instagram, you are getting paid for your efforts this time.

This brings us to the end of this post.

So, tell me:

Have you created an NFT before? What did you sell it for?

What do you think about the NFT? Do you think being an NFT artist is worth it?

Do you intend to create one?

Type in your response in the comment box below.

Also, if this post has stirred up your interest, please share it with your friends on social media by clicking on the icons just below. Cheers!


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