How is NFT Produced? A Guide to Creating Your Own

MetaversePlanet September 16, 2024Last Updated: September 16, 2024

0 5 minutes read

With the rise of NFTs, many are curious about how to get involved in this ecosystem and how to create their own NFTs. If you’re not planning to create an algorithmic NFT collection or an NFT for use in a game, the process of producing an NFT is quite simple and doesn’t require any programming knowledge. Many NFT marketplaces make the process straightforward and user-friendly.

Before creating your NFT, here are the key steps you need to consider:

Decide on the Format of Your NFT
First, determine what type of NFT you want to create. This could be digital art, music, videos, or any other digital asset.
Choose the Blockchain for Your NFT
Select the blockchain infrastructure where your NFT will be created. Ethereum is the most popular, but there are others like Binance Smart Chain, Solana, and Polygon.
Select an NFT Platform
Choose a platform that supports the blockchain you’ve selected. Popular platforms include OpenSea, Rarible, and Mintable.
Register and Set Up Your Wallet
Sign up on the platform and integrate your cryptocurrency wallet. You’ll need this wallet to store and manage your NFTs and transactions.
Create Your NFT
Follow the platform’s step-by-step process to upload your digital asset and create your NFT. You’ll also set your NFT’s price and sales options at this stage.

By following these simple steps, you can easily create and launch your own NFT without any technical expertise.

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What can you produce?

How is NFT Produced? A Guide to Creating Your Own

The possibilities of creating NFTs are only limited by your imagination. In recent years, we have seen a wide range of unique items turned into NFTs, including the first-ever Tweet on Twitter, moments from famous basketball games, avatars of world-renowned celebrities, and even someone’s declaration of love. Essentially, anything from the real or digital world can be “NFTized.” Here are some common categories of assets that can become NFTs:

Works of Art
Visual Files
GIFs
Audio Files and Music
Avatars and Profile Pictures
Collectibles
Digital Representations of Real-World Assets
Video Footage
Game Elements

Whether it’s a piece of digital art or a collectible from your favorite game, the potential for NFTs spans across many creative and practical fields.

What are the blockchains that can produce NFTs?

When selecting the blockchain to mint your NFTs, several factors can influence your decision, such as production costs, supported platforms, and the volume of those platforms. For instance, if you choose to mint an NFT on the Ethereum network, you gain access to some of the largest and most popular platforms among NFT marketplaces. However, this comes with higher production costs, as Ethereum’s transaction fees are known to be substantial. While these high fees can be a disadvantage for low-cost projects, they can also serve as a deterrent to fraudulent projects, making Ethereum a safer option for serious creators.

On the flip side, the high costs associated with Ethereum have created opportunities for alternative platforms to emerge. Blockchains with lower transaction fees, such as Binance Smart Chain and Solana, have capitalized on this and captured a significant share of the NFT market. These platforms offer distinct advantages for creators looking to minimize costs while still participating in the NFT space.

Here are some of the main blockchains where NFTs can be minted:

Ethereum
Binance Smart Chain
Solana
Avalanche (Avax)
Tron
EOS
Polkadot
Tezos
Cosmos
Wax
Zilliqa
Polygon
Flow

Each blockchain offers different benefits, so understanding your project’s needs and the network’s capabilities can help you make the best choice for minting your NFTs.

What is the Gas Fee for nft?

While NFT production can vary across platforms, some allow you to mint NFTs for free, while others require a certain fee. On Ethereum-based platforms, this fee is referred to as a ‘Gas Fee’. The gas fee is the payment made to miners for creating or validating transactions on the blockchain. When minting an NFT, this process involves adding a new block to the chain.

Gas fees can fluctuate depending on several factors, including the transaction size, blockchain used, platform, and current network traffic. To lower your costs, consider conducting transactions during periods of lower activity (such as weekends), when fewer people are trading. This can significantly reduce the fees you’ll need to pay.

What are NFT generation platforms?

There are numerous platforms where you can create and trade NFTs. The platform you choose will depend on the blockchain you prefer for minting your NFTs. Popular platforms include Opensea, Rarible, Mintable, Solanart, and Babylons.

Popular NFT Marketplaces on the Ethereum Blockchain:

Opensea
Rarible
Mintable

Popular NFT Marketplaces on Binance Smart Chain:

Binance NFT Marketplace
BakerySwap
Babylons

Popular NFT Marketplaces on the Solana Blockchain:

Solsea.io
Solanart.io

How is NFT produced?

1.How to create NFTs in Babylons?

After visiting the babylons.io site, click on the “Marketplace” button. After clicking on the button, you will be redirected to the marketplace.

Press the “Create” button on the page you are directed to, then connect with the appropriate wallet from the window that opens.

Once you’re on the NFT creation page, select “Single” if you’re creating one NFT, or “Multiple” if you’re producing more than one. Next, choose the type of NFT based on the format of your content. For instance, if you’re minting an image, select “Image”; for videos, select “Video”; for music, choose “Music”; and for 3D artwork, opt for “3D.”

After selecting the appropriate category, upload your file to the platform. Once uploaded, you can enter the name of your NFT and, if desired, add a description to provide further details about your creation.

After completing the initial steps, you can select a category for your NFT. If you plan to sell it, check the “Put on Sale” option and specify the sale price and unit of currency.

In the “Royalties” section, set the percentage of sales you wish to earn from future transactions of your NFT. Once you’ve configured these details, click the “Create Item” button to mint your NFT on Babylons.

2-How to generate NFTs on Opensea?

Visit opensea.io, connect with your wallet, and click the “Create” button next to your profile.

When you click the button, you will be directed to a page where you can upload, name and annotate files for the NFT you will create.

Once you have filled in and completed these fields, you can move on to the part where you can talk about more details about your NFT. For example, you can add details such as levels, features, etc.

In this section, you can also select the blockchain on which to mint your NFT. Choose from the blockchains supported by Opensea. After entering all the necessary information, click the “Create” button to finalize and mint your NFT.

3- How to create NFTs on Solsea?

After visiting the solsea.io address, you need to connect with one of the wallets that support the platform. After the link, the site will redirect you to a membership panel, and you are required to create a membership.

If you don’t have an account yet, click on the “Still not registered?” link. Enter your desired email address and password in the provided fields to create your account. Once registered, you’ll be directed to a screen where you can personalize your profile information.

If you prefer not to make any changes at this time, you can skip this step. To proceed directly to the NFT creation section, select “NFT” from the “Create” menu on the platform.

You can upload the cover image of the NFT you will upload from this section in the first part. Supported extensions and maximum size information are provided in the section covering the same section.

In the following tabs, you can upload animations for your NFT for preview purposes if you wish. In the “Upload artwork file” section, you need to upload the original file of your NFT.

Next, enter the name or title of your NFT, along with a brief description and a detailed explanation. Specify the percentage share you will receive from future sales of your NFT.

After completing these sections, make any additional customizations to enhance your NFT’s visibility on the platform. Once you’ve made all the necessary adjustments, click the “Mint NFT” button to finalize and create your NFT on Solsea.