【For Beginners】I actually made and sold NFT art! Sales Tips and Tricks

NFT is something of a new cultural phenomenon that has largely taken hold in 2021.

Some creators are also making millions of dollars by creating and selling NFTs.

In this article, we would like to introduce how to create NFT art and thoroughly explain the tips on how to actually sell it.

How to make NFT art

How should NFT art be made? There are two main ways to make them.

Before we start, let’s understand what is needed to make it.

  • Payment Wallet
  • Marketplace

First, you must create an NFT, and to create an NFT for your artwork, you must select an NFT platform and a payment wallet.

There are many online platforms available for creating and selling NFTs.

Some of the most popular NFT auction platforms include OpenSea, Rarible, SuperRare, Nifty Gateway, Foundation, VIV3, BakerySwap, Axie Marketplace, and NFTShowRoom.

For a comparison of some of the most popular options, see the NFT Marketplace guide.

Create your own illustrations, music and videos

The first way to create NFT art is to start with

You can create your own illustrations, music, and videos and upload them as NFTs.

For example, with OpenSea, one of the largest marketplaces, you can upload images, video, audio, or 3D models to create NFTs. 

However, the maximum supported file size is 100 MB, although we recommend keeping the file size under 40 MB to reduce loading time.

Crowdsource your request

The second method is to request NFT creation through crowdsourcing and other platforms.

If you search for virtual currency or NFTs, you will find the following openings to request their creation.

You can also request illustrations for NFT through crowdsourcing.

The market price ranges from several thousand yen to 10,000 yen. Make sure to check the creator’s background carefully before applying.

Procedure for Exhibiting NFT Art

The following is the specific procedure for exhibiting the NFT art you have created.

  • Open an account at a crypto asset exchange
  • Create a MetaMask wallet
  • Create an account at OpenSea
  • Transfer Ethereum to MetaMask
  • List your artwork on OpenSea

1.Open an account at a crypto asset exchange

The NFT auction platform requires a fee to be paid upfront to create an NFT.

In most cases, payment must be made in cryptocurrency, so a cryptocurrency exchange must be opened in advance.

Ethereum (abbreviated as ETH) is the most commonly accepted currency, as it is the central cryptocurrency on which the NFT was first launched, an open source blockchain platform.

However, some platforms are beginning to accept different forms of payment and use blockchain to create NFTs.

If you already own ETH, you should make sure it is in a digital wallet.

The digital wallet must be connected to the NFT platform of your choice in order to make (and receive) payments.

If you do not have the currency, there are many cryptocurrency exchanges where you can purchase ETH or other currencies, so open an account.

2.Create a wallet with MetaMask

To create a digital wallet with MetaMask, you must visit its website and click the blue [Download] button in the upper right corner.

Since you are using a desktop computer, you will be given the option to install a browser extension, but there is also a mobile app.

You will be asked to confirm that you want to “create a new wallet and seed phrase.”

Once you agree to the terms, create a password, and take a few security measures, your account is set up.

3.Create an account with OpenSea

Then, create a marketplace account to list your NFTs.

OpenSea is a recommended marketplace with high volume.

Here is how to create an OpenSea account

Step 1: Go to the official website and select “Profile” in the upper right corner.

Step 2: Check the prompts to complete the wallet connection.

When “Connecting…” appears, you are almost done. 

Step 3: Personalize your account by selecting the gear icon on the right side of the screen. 

Here you can customize your OpenSea profile, add social media links, and edit your username, biography, email address, profile photo, and cover banner. 

Note that when you create an OpenSea account, the account name automatically defaults to “No Name”. Be sure to edit this.

 4. Transfer the purchased Ethereum (ETH) to MetaMask

Once you have created an account with OpenSea, you will need to transfer Ethereum (ETH) to the MetaMask wallet.

To move ETH to this wallet, you will need a wallet address.

The wallet address will be an account number that can be used to send and receive crypto from one wallet to another, and

The MetaMask wallet allows the ability to copy the wallet address from the top of the page.

Follow the two simple steps below

  • Send the value of the ETH purchased to the wallet address of your cryptocurrency wallet
  • When the ETH arrives, check the updated balance in the Metamask wallet

5. Exhibit NFT art at OpenSea

Are you ready for all this?

Now it is time to proceed with the steps to list and sell NFT art on OpenSea.

Step 1:   OpenSea

and log in to your account.

Step 2: Click on “Profile” in the upper right corner.

Step 3: Browse the NFT collection and click on the NFT you wish to sell.

Step 4: Once you have found the NFT you wish to sell, select “Sell” in the upper right corner of the page to go to the listing page.

’Step 5: Select the NFT selling method.

Here, select the price, auction type, sale period, and buyer type.

OpenSea offers two types of auctions: “Fixed Price” and “Timed Auction. 

A “Fixed Price” sale is one in which the price remains fixed. For more information on “Timed Auctions,” please visit the OpenSea support page.

Next, select the time period during which the goods will be offered for sale.

The default options are 1 day, 3 days, or 1 week, but you can use the calendar to select any time period.

The NFT determines how long the item will be on the market.

Finally, you can choose to sell the NFT as a bundle or reserve it for a specific buyer. 

To reserve NFTs for a specific buyer, turn on the toggle and paste the address into the “Reserve for a specific buyer” field. 

As you may have noticed in the image above, there are two types of fees listed: a 2.5% “service fee” and a 5.0% “creator royalty” fee.

OpenSea creators can choose to pay a royalty each time an NFT is sold.

The other fee depends on the number of people trading on the blockchain, but the highest percentage that may be deducted from an OpenSea NFT is 12.5%.

Step 6: Pay the fee and complete the NFT list.

If this is your first time selling NFTs on OpenSea, you will need to complete two one-time transactions.

Initialize your wallet to place the sale order.

To allow OpenSea access to the item or collection when the sale occurs.

These transaction fees need to be paid only once.

Once you have completed these steps, a pop-up will appear and you will need to approve the signature request to complete the NFT listing. 

That’s all! You have now successfully listed the NFT for sale at OpenSea.

Once the NFT has been created, the transaction and the NFT to list for future sale will appear in the [Activity] tab of your profile.

Tips and cautions for selling NFT art

We’ve compiled a list of tips and cautions for selling! Please refer to the following information.

  • Research popular artwork trends
  • Distribute your work on social networking sites
  • Make sure you are not infringing on copyrights

Examine trends in popular works

First, let’s examine the trends of popular works.

The following tools can be used for trend research

BitDegree can help you identify and analyze the various NFT collections from the market.

Twitter is also a useful tool for researching and identifying trends.

It is one of the best places to learn about upcoming projects, discover their communities, and stay up-to-date on specific projects.

It is very easy to find projects on Twitter and it is also a place where you can sell your NFTs and collectibles.

Simply use the #NFT, #nftart, or #NFTCommunity hashtags to find NFT projects where the NFT community is very active.

Below is a list of the 13 top NFT influences on Twitter by blockchain.

  • ohhshinny
  • Crypto Baristas
  • j1mmy.eth
  • RealmissNFT
  • DeezeFi
  • nounsdao
  • BoredApeYC
  • Dikasso_
  • Max Mara
  • Wall Street Journal
  • GaryVee

 Disseminate information about your work on social networking sites.

Spreading the word about your work on social networking sites can increase public awareness of your work.

This method of dissemination is one of the criteria used by OpenSea and other marketplaces to approve content creators.

In particular, it should include the number of social media channels that actively manage the work you have exhibited in the marketplace and publish your NFT collection at least once.

Therefore, once you have exhibited, your first goal should be to inform your audience via social networking sites and disseminate information about your first collection.

Make sure you are not infringing on copyrights

One of the problems with NFTs is the issue of copyright: it is well known that NFT sales do not necessarily transfer to the buyer the underlying copyright in a work that exists “off the chain”.

This is true for the sale of physical copies of almost any kind of creative work.

The transfer of the underlying copyright is left to the creator or most recent copyright owner.

Also, when creating, make sure that the art you want to use as an NFT does not infringe on any copyrights.

It remains to be seen what the potential long-term impact of NFTs will be on both national and international copyright law, but the law will be developed in the future.

 NFT listing agents are used as little as possible.

Although there are many companies in Japan that offer listing services such as OpenSea on behalf of their customers, it is advisable to avoid using them as much as possible. There are several reasons for this.

  • They charge a fee in addition to the transaction fee.
  • A source of trouble.

While some companies charge high listing fees on behalf of their customers, you should try to list your items yourself as described in this article as much as possible, as they may go through other people’s wallets.

 Summary of NFT Art Sales Methods

The key points of this article are summarized below. 

  • There are two ways to create NFTs: upload them yourself or commission them
  • To list NFT art, open a cryptocurrency exchange and prepare Ethereum in your MetaMask wallet.
  • Create an NFT Marketplace account
  • To exhibit and sell your work, tend to popular works and disseminate information on social networking sites
  • Be aware of copyright issues when listing items

If you would like to exhibit NFT art for the first time, please refer to this article and give it a try.