The Capital
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The Capital

How Digital Artists Can Turn Their Work into NFTs and Sell Them

In this article, we discuss how you can convert digital art into NFTs and sell them on marketplaces.

What is crypto art?

Crypto art is unique digital art pieces created and converted into non-fungible tokens (NFTs). NFTs are sold on NFT marketplaces through auctions, and those by famous artists can also be sold through traditional auction houses such as Christie’s and Sotheby’s.

How to turn art into an NFT

The process of creating an NFT or turning your digital art piece into an NFT is relatively simple. All you need is a set of creative skills and a personal computer to turn your art into an NFT. Artists do not need to go through a complex and highly technical process to turn their work into NFTs and sell them on marketplaces. NFTs can be any digital file, like an image in jpeg or png format, music and video clips, gifs, etc. Depending on your medium, keep in mind that you may also need to have the appropriate software in place, such as Adobe Illustrator, Adobe Photoshop, MS Paint, CorelDraw, etc.

Minting NFTs

The process of creating NFTs or turning art into NFTs is called minting. It is the act of publishing an art piece on the blockchain. Once an NFT is created, it will be minted on the blockchain network similar to how a crypto coin will be mined and added to the circulation. When the minting process completes, that particular digital art becomes secure and tamper-proof, which makes it hard to manipulate. After turning digital art into an NFT, it can be bought and sold. We can even digitally track the NFT when it is resold or recollected.

  • Upload your art collection or a single art piece on the platform. Give it a title and short description and mention the required specifications.
  • Verify all the details and make a final check before clicking the “Create” button.
  • The minting process begins after you sign the NFT and pay transaction fees.
  • You will see the newly minted NFT in your profile after the transaction has been validated on the blockchain network.

Choose the right marketplace to sell your NFTs

Choosing an NFT platform is an essential part of creating and selling NFTs. To make the right choice, you need to consider various factors such as file format, crypto wallet matching, accessibility to the platform for users, and a price or transaction fee to mint an NFT. The transaction fee is a payment required to compensate for the computing energy required to process and validate transactions.

Set up a cryptocurrency wallet

A cryptocurrency wallet is essential to access any NFT platform, receive payments, and manage your balances. However, before setting up your wallet, it is important to consider whether the wallet is compatible with the cryptocurrency used on your preferred NFT marketplace. Most of the NFT marketplaces are Ethereum-based platforms and accept Ethereum’s native cryptocurrency Ether for all payments. Hence, it is necessary to have a crypto wallet that supports Ethereum.

How to sell digital art as NFT

Most NFT platforms have a feature to choose the selling method for the NFT collection. Fixed price sale and auction are the two main methods of selling an NFT. Fixed price sale is the easiest, most transparent, and direct way of selling NFTs. For selling a newly minted NFT, you need to specify the price at which you want to sell the NFT. Some platforms allow artists to set a royalty percentage, which is the amount an artist will receive for all the future sales of their art.

Bottom line

NFTs are ground-breaking innovations in the blockchain space. Though skeptics do not find them interesting or think that they do not hold any real value, the NFT industry is growing by the day by finding innovative applications inside the metaverse. Creating and selling NFTs is the best and easiest way to monetize creativity for artists and creators. New developments in this space also enable artists to increase their revenue by eliminating middlemen and directly connecting with their fans.

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