What are the steps to list an NFT for sale?
Listing an NFT for sale involves a series of steps. Firstly, one needs to create the NFT by choosing a suitable blockchain platform like Ethereum or Binance Smart Chain. Then, the digital asset or artwork to be sold as an NFT must be minted, converting it into a unique and non-fungible token. After minting, the creator must choose a marketplace that supports the chosen blockchain and NFT standards, such as OpenSea or Rarible. Uploading the NFT to the chosen marketplace follows, including providing relevant details like title, description, and pricing. Additionally, the creator may set royalties to earn a percentage each time the NFT is resold. Finally, the creator must pay any associated gas fees to complete the listing process. After the listing is live, potential buyers can discover and purchase the NFT.
This mind map was published on 13 August 2023 and has been viewed 113 times.
