Everyone in the tech industry is talking about NFTs or non-fungible tokens since last year. Industry leaders, tech influencers and even celebrities are creating, purchasing, and selling provably NFTs. Celebrities like Paris Hilton and Snoop Dogg have launched collections selling up to $50,000. NFTs effectively introduced the concept of digital exclusivity and the ability to build a unique collection even in a virtual space.
Now that social media giant Facebook has announced last October that it was further embracing the metaverse and even rebranded itself as Meta, the concept of virtual properties from real estate and now with art. In 2022, even though we don’t have Marty McFly’s floating skateboard, it is possible to buy a collection of rare and valuable items with innovative blockchain and NFT technology. Just in March 2021, digital artist Beeple got $69 million for a group of NFTs documenting his first 5,000 days of work. It set the record for the most expensive pieces of digital art sold as we speak and has set a precedent on NFT sales.
Creating and managing NFTs can be quite challenging due to their highly technical nature. The majority of NFT development platforms require people to be familiar with complex computer programming. With its flexibility and usability, it’s no surprise no-code comes into play with NFT. No-code solutions make it possible for anyone to create and earn with NFT even if they are not programmers. Read more as we give you a crash course on NFT and how to create a collection with no-code.
If you’re wondering, “what is NFT?” then you are in the right section of this article. NFTs or non-fungible tokens are cryptographic assets on a blockchain with unique identification codes and metadata that differentiate them from each other. Blockchain technology is a shared database among the nodes of a computer network. It stores information electronically in groups known as blocks. NFTs are digital representations of distinctive assets and have been likened to digital fingerprints because each token contains a unique, non-transferable identity to distinguish it from other tokens. Cryptocurrencies are fungible tokens since they are similar to one another which makes them ideal for digital transactions
Because of their uniqueness, NFTs can contain ownership details for identification and even transfer them to other holders. Owners can also add metadata or attributes pertaining to the asset in NFT like representing coffee beans as fair trade or artists can sign their digital artwork with their signature in the metadata. NFTs are not the artwork themselves but the function as a unique digital certificate.
NFTs have been used in private equity transactions as well as real estate deals.10 One of the implications of enabling multiple types of tokens in a contract is the ability to provide escrow for different types of NFTs—from artwork to real estate—into a single financial transaction. NFTs are generally safe like cryptocurrencies in blockchain technology.
You might think that NFTs are complex coded work but it is possible to do it in no-code. Here is a general guide on how to create and sellNFTs artworks even without coding knowledge.
Create an original piece of art. You can use tools like Photoshop, Gimp, Blendr and somany others.
Create a metamask wallet which is a file that allows you to control your finances. It is similar to a bank account that you have control over. This lets you trade on various NFT marketplace on the internet such as Ethereum, OpenSea, and Axie. Research the other marketplaces and see which one will suit you the best.
Once you have settled on a marketplace to sell your art on, you can submit it for approval and prove that the art is yours. Once this has been verified, it will be attached to the blockchain used on that marketplace as part of their listing process. At this point, you will need to wait for a buyer.
This is just the beginning and we see a lot of new ones gaining popularity such as Tokeno.io, NiftyKit.com and so much more. There are also other in ProductHunt right now like NiftyGenerator. With the demand forweb3 developers, this simplifies the process to create their NFT collection.
NFTs is in their infancy stage and right now it has a lot of developing to do. Some people see it as a fad but what it holds true is that it lets more people adopt blockchain technology even more. NFTs can go beyond artwork and can also be in identification documents. This can lead to a more secure and stable blockchain that will enable everyone to be more comfortable with a metaverse future.
If you want a trusted team to create a no-code website for your NFTs, then we are the team for you. Our team have experienced designers, developers and managers that can make your website come to life faster at a practical price. Click HERE to schedule a FREE discovery call with our team.
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