Cryptocurrency is booming, with more companies jumping on the bandwagon. The latest craze in the crypto world is NFTs (non-fungible tokens). You've probably heard about digital artists making a lot of money by selling their art as NFTs and wondered if you could do the same. The good news is: Yes, you can!
NFTs aren’t just for people with huge followings. Anyone can mint and sell an NFT for profit—no matter their artistic experience. For beginners looking to get started, here’s a simple guide on how to make money through NFTs.
What’s an NFT?
An NFT, or “non-fungible token,” is a unique digital asset stored on the blockchain. This means it cannot be altered or recreated, making it one of a kind. Think of an NFT like a painting: each piece is unique and has its own value.
The value of an NFT is determined by:
- Rarity: Some NFTs are more common than others, and the rarer ones tend to be more valuable.
- Utility: Certain NFTs provide access to exclusive items or experiences in the “Metaverse,” increasing their value.
- Social Proof: If you have a large following or social credibility, your NFT can be worth more.
So, the more unique, useful, and in-demand your piece is, the higher its value.
Selling Your Art as an NFT
Anything digital can be an NFT: tweets, comics, photos, social media posts, and even music. However, digital art is the most common form of NFT. Here are the steps to create and sell your own NFT:
1. Create Digital Art
The first step is to create your digital art. Anyone can become a digital artist with patience and practice. Beginners can start with an affordable drawing tablet, like the PicassoTab. It’s a standalone drawing tablet that comes with a pen and pre-installed drawing apps.
2. Create a Crypto Wallet Account
Next, you’ll need a crypto wallet to handle your digital currency. The most common platform for NFTs is Ethereum, which you can link to payment options like Apple Pay or a debit card.
3. Choose an NFT Marketplace
Choose an NFT marketplace that suits your needs. Popular options include OpenSea, Rarible, SuperRare, and Mintable. Sign up for the one that fits you best.
4. Mint Your Piece
“MINT” your art, which means turning your digital file into an NFT on the blockchain. Each marketplace will guide you through the process step-by-step. Once your NFT is minted and uploaded, and your crypto wallet is connected, you can list your NFT for sale. Remember to market it on your social media platforms and websites to attract buyers.
5. Market Your NFTs
Creating an NFT is just the beginning. You also need to advertise it. If no one knows it exists, how can they buy it? Start by creating a social media channel for your art on platforms like Instagram, Twitter, or Facebook.
Here are some tips for connecting with potential buyers and other artists:
- Facebook Groups: Join groups dedicated to artistic communities. You can also post your artwork in the online Marketplace.
- Reddit Communities: Find artist communities on Reddit and share your work to get feedback.
- Discord: Join artist communities on Discord. If you create fan art, join spaces dedicated to the media that inspires you.
- TikTok: Promote your work on TikTok. Share videos of your process or relatable content to boost your following.
PicassoTab: Your Partner to Create NFTs
Making money through NFTs can be confusing at first, but anyone can do it with some effort. Just like any art form, it requires patience and hard work. Investing in the right tools and marketing is crucial—but it’s worth it. If you’re looking for a great tablet to get started, Simbans offers excellent options like the PicassoTab.
Once you’ve made your first sale, you’ll see that the effort was worth it. You can start saving up your cryptocurrency to convert into regular currency or use it in stores that accept crypto as payment.
For more tips on digital art, tablets, and NFTs, be sure to follow our blog!
