How to tokenize my artworks is something a lot of artists ask. Non-fungible tokens (NFTs) are blockchain-linked digital assets that could represent and carry the ownership of your scintillating digital artworks. NFTs make tokenized artworks scarce and more valuable.
As an artist, creating NFT art can open up a whole new world of possibilities. NFTs can be sold online from any global location, with fast payments and no need for expensive trade shows. They may also allow you to get royalties on future sales.
With the popularity of Art NFTs skyrocketing, there’s no better time than now to future-proof your artworks. As more artists get involved, knowing how to create an NFT art has become a life skill (for artists).
You Probably Create Art NFTs for…
Lifetime Royalties, won’t you?
Royalties, which entitle you to a share of the selling earnings each time the artwork is sold, can be included with digital artwork. Lifetime royalties are earned on digital art token sales for the duration of the tokens’ existence. NFT paintings can be programmed with a percentage ranging from 2.5 to 10%, ensuring you are paid interest on every sale.
Less-expensive Setup
The NFT art sale is held online through various peer-to-peer markets, making it available to a worldwide audience without the use of auction houses or art galleries. It allows you to keep a significant amount of the profit from sales.
Authenticity
Your digital artwork token can be viewed, linked to, and downloaded by anyone, but it is only in the ownership of one person at a time. Because the purchase price, the creator, acquisition pricing, and subsequent owners are all viewable and logged in the blockchain, the piece automatically receives an undeniable seal of legitimacy. As a result, traditional art markets are now more transparent than ever.
Several Types of Art You can Tokenize
The digital art world and its creative forms are expanding with the globe’s digitalization. As a beginning, you should be familiar with the various types of digital art. Here’s a rundown of the most common types of digital art:
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Fine Art
Fontography has been given new life because of the use of digital tools in fine art photography. Artists can use digital tools to simulate numerous photographic techniques that don’t require a dark room with the correct program.
2. Gaming Characters
While accessing an NFT game, gamers can also tokenize their favorite characters or any in-game assets. Whether it’s unique gameplay or a silver chest – players can monetize them via a digital art NFT marketplace, encompassing revenue from multiple sources.
3. Pixel Art
The pixel art trend was kickstarted by the CryptoPunks project, which are 24*24 pixel art images generated algorithmically.
4. Virtual Fashion
If you’re a die-hard fashionista, you can easily purchase an NFT version of your favorite purse to use in your chosen metaverse.
How to Craft Your NFT Art?
First and foremost,
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Choose A Marketplace Platform
You can either choose;
- An Available Platform that allows artists to tokenize their digital artworks. Also, you need to mint to create an NFT Art before enlisting it on the marketplace mechanism. Major platforms, including OpenSea and Rarible, offer this feature.
- Developing your marketplace involves a great deal of freedom as you don’t have to pay transaction fees & other such add-ons. Also, you can perceive a business model to generate revenue.
2. Have A Crypto Wallet Ready
The next phase will be to create a digital wallet to hold cryptocurrencies and NFTs. Only cryptocurrencies, such as Ether, can be used to construct NFTs.
Because so many NFTs are generated on the Ethereum blockchain, owning Ether would be advantageous. The ETH is used to pay a gas fee – the cost of a transaction – when you put your tokens on the Ethereum network.
3. Tokenize Your Digital Work
After completing your collection, you may go on to the main part of the process: constructing your NFT. When you select Add New Item, you’ll be asked to add metadata for your token, which might contain visual, audio, or 3D files.
What NFT Art Can I Create?
The best-selling art NFTs are those from popular digital artists (for example, Mike Winkelmann or Beeple). Or else, NFT art projects that offer more utilities witness high sale volume. You need to have characteristics of either one to taste success within the NFT market.
While talking about utilities, several projects have contributed to the Ukraine war with their NFT sales. Or else, you can index voting rights and governance functionalities within your NFT art.
Are You an Artist? Tokenize your Work with Us!
