NFT Art – The Art Space You Can Be a Part of
Over the last few years, digital assets like NFTs have attracted considerable attention and become a great way for people to make money. NFT art has gained attention from artists, creators, investors, and artwork collectors, as well as a number of celebrities like Justin Bieber and Paris Hilton, who own NFT artwork themselves. So, what is NFT art and how do you create it? Read on to discover the answers.
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What Is NFT Art?
NFT art is a form of artwork classified as non-fungible tokens (NFTs); they are entirely digital assets. NFT art could be a painting, photograph, video clip, article, song, or even a meme. NFTs are bought and sold using cryptocurrency. Just like other assets, NFT art can increase or decrease in value depending on the market demand in the future.
How Does NFT Art Differ from Other Artwork?
When you own NFT art, you can’t physically touch the artwork, but you do legally own it and acquire all the rights to use the artwork. If you create NFT art the digital transaction system will validate that you are the creator of the artwork. The system is protected from getting hacked, so your work cannot be stolen or plagiarised. Moreover, as NFT art can’t deteriorate or change over time, you don’t need to take care of it like you would physical artwork in the real world.
How to Create NFT Art
Step one: Create your work
Choose what you want to create, whether it’s a painting, video, piece of music, article, or book. Once you’re finished, you will need to obtain proof that you are the true creator of the work.
Step two: Select your marketplace
Nowadays, marketplaces such as MetaMask or Opensea are where you and potential art collectors will meet. Each marketplace platform has its own highlights. What you need to keep in mind is that every platform charges money and supports different file formats. Therefore, you should do your research to make sure that the marketplace you choose is a good fit for you and your artwork.
But what if you don’t want to sell your work via these mediator platforms? Of course, it’s possible. However, NFT art is bought and sold using cryptocurrency which has a clear verification and authentication system. For this reason, you will struggle to sell your work on other platforms.
Step three: Set up your digital wallet
You need to set up your digital wallet and buy some cryptocurrency. And don’t forget to connect your digital wallet to your selected marketplace.
Step four: Create your NFT!
After following the steps above, the final thing you need to do is upload your work to your chosen marketplace. During this step, you need to carefully check the details of your work, so the art collectors interested in your work discover the story behind it to entice them to add your work to their collection.
Now that you’ve learnt what NFT art is and how to create it, you too can become a part of the art industry of the future. However, be warned: whether you’re a creator or a collector, don’t forget to follow and get updates on cryptocurrency to protect your own interests.