So you’ve got a piece of digital art - an image, a song, a sound effect, a video - and you want to turn it into an NFT and sell it online?
There are a handful of platforms that make it really easy to do just that, will typically cost you between $70 to $140, and will get your NFT into a digital marketplace almost immediately.
The most popular platforms are:
Arguably the most popular of all minting platforms, you’ll find NFTs spanning all sorts of genres on OpenSea. Categories span not only art, but music, domain names, virtual worlds, trading cards, collectibles, and sports.
Like most platforms, Rarible is powered by the Ethereum blockchain - used, along with some energy and crypto, to mint new NFTs.
This is a partnership between major exchanges Binance and FTX. One of the advantages of Binance NFT is not having to transfer Ethereum to a wallet in order to mint NFTs. You can purchase the funds needed to mint and transact from within the platform and save money on ‘gas’ fees, minting tokens as you would with other platforms.
As the name might suggest, this is a platform focused on artwork. Not only that, but SuperRare is more of a social network than just an NFT marketplace. It’s kind of like Behance meets OpenSea, if I can use such an analogy. Unlike most other platforms, you need to apply to have your NFTs featured and sold on the platform.
If you’re not sure how to price your NFT, Foundation facilitates live auctions for digital art. As with SuperRare, submitting art for auction requires you to be accepted into the Foundation community which requires an invite from an existing member who has successfully sold an NFT.
Still unsure how to get started, but want to unlock new revenue streams for your company by getting your IP into the metaverse? Get in touch with our team.
The WorkFlow podcast is hosted by Steve Glaveski with a mission to help you unlock your potential to do more great work in far less time, whether you're working as part of a team or flying solo, and to set you up for a richer life.
To help you avoid stepping into these all too common pitfalls, we’ve reflected on our five years as an organization working on corporate innovation programs across the globe, and have prepared 100 DOs and DON’Ts.