NFT artists are at the forefront of a wave that is changing how we look at art. With their unique ability to connect people with their favorite artists, NFTs are a force to be reckoned with in the future of art. If you’re interested in becoming an NFT artist, this guide will teach you what it takes.
What is an NFT?
You might be wondering ‘what is an NFT, and how does it benefit me?’. An NFT (non-fungible token) is an encrypted record of ownership over a specific asset, whether digital or real-world. In short, it is not limited to being related to art; it can be used for many things, including business contracts, real estate contracts, and more!
NFTs are great because they make art more accessible by removing the traditional barriers associated with buying and selling art. The NFT marketplace is widely accessible worldwide by anyone who can open a cryptocurrency wallet. Further, NFT art is encrypted and secured on a blockchain network, making it virtually impossible to tamper with. Blockchain networks provide other benefits for NFT artists that we will discuss below.
Benefits for Artists
Being an NFT artist can have many benefits. First, you’ll get paid more for each piece of work you sell. Not only will you receive the initial payout when your work is sold for the first time, but you can opt-in to receive royalties every time your work is resold on the network in the future. This system makes the art world more equitable for creators. Second, the transaction takes place immediately, so you’ll get paid faster than with traditional sales models, where there are multiple steps between sale and payment.
As an NFT artist, you have complete control over your creations: nobody can copy them without your permission; nobody can make derivative works without paying royalties; nobody else has any say over when or even whether those pieces will ever be sold again (unless they’ve already been sold).
Market Your Work
You’ll probably want to make a portfolio when you’re just starting out. You need a website and some social media accounts at least to reach your audience. Your website should have all your artworks (including non-NFT) so that people can see what kind of work they’re buying into when they support your NFT drops. Social media is also essential for building hype around your NFT collections! To get started with that, create an Instagram account and share some of your past projects and teasers for your upcoming NFT collections. Social media is a great way to build your name recognition as a digital artist and engage with others in the NFT community.
If your NFT collections gain enough hype and popularity, your collections may be designated as blue chip NFTs. The blue-chip NFT designation means that collection will likely maintain or increase in value over time.
Enter the Marketplace
Whether you’re an artist, a collector, or both, there are many ways to get started with NFTs. When deciding which platform to use for your NFT project, you must understand how the platform works and what it offers.
Before you begin minting tokens on a particular platform or marketplace, make sure that:
- You understand non-fungible tokens (NFTs) and why they’re helpful.
- You have an online portfolio of your work so potential buyers can see it and get excited about buying from you.
- The platform itself has good reviews from other users who’ve used it before—and don’t let anyone tell you otherwise! Not all NFT platforms are created equally. The FTX platform, for example, was built with artists in mind to make it easy and convenient for artists to mint their artworks and connect with collectors and buyers effortlessly.
Get Started with NFTs Today
NFTs are a great way to make money from your art. You don’t have to worry about shipping costs, storage fees, or any other hassles with the traditional sale of original paintings. The best part is that the price of an NFT can be set by the artist, who retains complete control over how much they charge their patrons and what percentage they retain after transaction fees are paid out by the platform hosting their work. NFTs can be an excellent opportunity for artists to access a booming marketplace where their work could become highly prized.
If you’re interested in becoming an NFT artist, it’s essential to do your research. Begin by reading up on what other artists have done and how they made their way into the industry. Once you start creating your work, post on social media to generate hype around your NFT collections. Select the best NFT marketplace platform you can find, and begin minting your work today.