How does an NFT maker create and sell digital assets?

An NFT (Non-Fungible Token) maker can create and sell digital assets by following a few key steps. First, they need to choose a blockchain platform that supports NFTs, such as Ethereum or Binance Smart Chain. Then, they can use a variety of digital tools and software to create their digital asset, such as artwork, music, videos, or even virtual real estate. Once the asset is created, they can mint it as an NFT by uploading its metadata and a unique token identifier to the chosen blockchain. This process typically involves paying a gas fee. Once the NFT is minted, the creator can list it on various NFT marketplaces, such as OpenSea or Rarible, where potential buyers can discover and purchase the digital asset using cryptocurrency. The creator can set the price, specify royalties for future sales, and determine the quantity of the NFTs available for sale.

This mind map was published on 15 August 2023 and has been viewed 91 times.