A Beginner’s Guide to Creating and Selling Non-Fungible Tokens
Many people are already invested in and devoted to the latest and greatest money trends, but you may be skeptical. Are you looking to learn what all the hype is around the acronym NFT floating around lately? Let’s get started with our discussion of creating and selling NFTs, shall we?
On the left is an image of Beeple’s work “Everydays — The First 5000 Days.” Beeple, born Michael Joseph Winkelmann is an American digital artist, graphic designer, and animator. One of the originators of the current “everyday” movement in 3D graphics, he has been creating a picture everyday from start to finish and posting it online for over ten years without missing a single day.
Although it’s a seemingly new cryptocurrency driven commodity, the most alluring thing we tend to hear about NFTs is that there is great opportunity with creating and selling them, with some selling upwards of millions of dollars for a single digital artwork piece.
You want to give it your best shot at getting in on this increasingly popular exchange, but you may not know where to begin. If you’re coming onto the NFT scene with no prior knowledge or setup of cryptocurrency, you can spend hours getting lost in the weeds of the crypto universe — from the latest investment trends all the way to the environmental impact of the exchange of cryptocurrency online.
Because there is an overwhelming trove of information available online, it’s difficult to know where to start. You just need to get up to speed quickly so that you can begin creating and selling your NFTs on the exchange today.
What Is an NFT?
To understand just what an NFT is there are some essential cryptocurrency terms to understand to help you understand crypto along your NFT journey to success. It can be an overwhelming and complex rabbit hole to dive into when what we are used to is brick and mortar banks and debit cards, but are the basics boiled down for you:
Cryptocurrency is essentially digital money. There are many carriers or brands if you will of cryptocurrency which you may have heard of before such as Bitcoin, Ethereum, Dogecoin, and Chainlink, just to name a few.