A new form of digital asset known as NFT (Non-Fungible Token) is gaining attention as a fresh opportunity for investment and income generation. But how does one go about creating and selling an NFT?
The first step in creating an NFT is selecting a suitable platform for its creation and management. Platforms like OpenSea, Rarible, Foundation, Mintable, and SuperRare offer the capability to create and sell NFTs. Once a platform is chosen, a digital wallet like MetaMask must be obtained and connected.
Next, the digital file or artwork intended to be transformed into an NFT must be prepared. This could be an image, video, music, or even an e-book. Following this, the chosen platform is used to convert the file into an NFT and input relevant descriptions and information.
Once the NFT is ready, it can be listed for sale. To do so, a price must be set for the NFT and it must be published as a listing on the chosen platform. Interested individuals can then purchase the NFT, allowing the seller to earn income from the sale.