NFT digital art has turned every aspect of the art world upside down, including who the best artists are, how art is valued, as well as how art is bought and sold. NFT digital art technology such as CryptoPunks has been very instrumental in disrupting the traditional art-market dynamics. NFT marketplaces and platforms have made it easy for artists to transition from the traditional art industry to digital art NFT, giving birth to a billion-dollar industry that favors creators.
But for you to get started and succeed in the NFT digital art industry, you must know how to convert your digital art into art digital NFT. So, how can someone convert digital art into NFT? Is it hard? Must you have coding skills to create NFT digital art? In this article, we discuss everything you need to know about converting digital art into NFT. The most important information has been compiled and shared in the article.
What is NFT Digital Art?
NFTs are non-fungible tokens. The term “nonfungible” is very common in economics and it is used to refer to features like uniqueness and non-interchangeability. In the crypto space, nonfungibility is used to describe an item that cannot be exchanged for another.
A “token” as a unit of account is a certificate of validity stored on the blockchain. This makes digital assets traceable and accessible to anyone. It makes NFT digital art a one-of-a-kind virtual currency that can fall into any category and can take the form of videos, paintings, collectible items in video games, music, or any other form of creative digital production.
NFT digital art boomed in 2021, and everyone is now buying and selling NFTs throughout the world.
The fact that NFT digital art allows people to earn tens of millions of dollars from their digital artworks has attracted many creative individuals who could only dream of such a high level of accessibility before.
Sensational high-profile auctions of NFTs created from digital art have attracted great public attention. The most expensive NFT sales hit the headlines as they fetched millions of dollars. For example, pseudonymous artist Pak sold his NFT titled “Merge” for $91.8 million in 2022. In 2021, Beeple, a digital artist, sold his NFT titled “Everydays” The First 5000 Days” for $69.3 million.
NFT digital art is associated with unique pieces of art created by popular artists and sold through auctions on NFT marketplaces. However, the majority of the art in the crypto industry is created by upcoming talented artists.
Some NFT collections such as the pioneer CryptoPunks and the most hyped Bored Ape Yacht Club (BAYC) are examples of generative art. These types of NFT digital art are created using autonomous systems. The images in such collections are created by putting together a selection of basic picture components in various combinations.
How to Create NFT Digital NFT
If you are still wondering whether to turn your art into an NFT, the answer is “yes.” The process of creating art digital NFT is neither costly, technical, nor complex. You only need some creative skills and a personal computer.
Also, note that other than images, you can create NFT digital art from songs, GIFs, videos, and other digital items. Thus, you should first choose an art field that best fits you. This will then determine the set of skills that you need to become an NFT digital art creator.
For example, a graphic artist will require to use graphic editing tools such as Adobe Photoshop, Adobe Illustrator, CorelDraw, MS Paint, and such. If you decide to do 3D animation, you will have to use 3D modeling tools such as Cinema 4D or Blender to create animated graphics and characters that can be converted into digital art NFT.
You must then come up with a unique idea for your single artwork or a full collection and decide on the content into which it will be converted.
Is Coding Necessary to Create Digital Art NFT?
It is very easy to create NFT digital art from your digital art without coding. The process of creating NFTs is known as minting. It simply involves publishing the unique instance of the token on the blockchain. NFTs are minted after they are created, just the same way metal coins are created and put into circulation.
After the procedure, the digital art piece becomes secure, tamper-proof, and hard to manipulate. Since the piece of digital art has become an NFT, it can be bought, sold, and tracked digitally when it is resold or recollected.
Minting NFT digital art provides artists with a fair way of monetizing their work. Most NFT marketplaces allow artists to program a royalty clause after minting their NFT to earn passive income from the secondary sales of their work. In case the demand and value of the NFT digital work rise, the artist will benefit from it.
Most NFT marketplaces have automated the process of minting NFTs. It normally involved the following simple steps:
Step 1: Connect your wallet
The NFT marketplace will require you to create a crypto wallet and connect it to the platform to start minting NFT. On OpenSea, you can click either the “Wallet” icon or the “Create” button under Profile to start creating a crypto wallet. Other NFT marketplaces will also take you through the same steps to set up a crypto wallet for minting NFT.
Step 2: Create your NFT
It is now time to start minting NFT. Most NFT marketplaces have a “Create” button that you can click to start the process. You will be prompted to upload the digital file and give a name to the NFT. There will also be optional fields for describing your work, external links to more info, and the blockchain network to base the NFT (such as Ethereum or Polygon).
It is also where you should set up the amount you need to earn as royalties for each resale after minting NFT. It is recommended you set a value of between 5% and 10%. Click the “Complete” button to complete the process of minting NFT.
Step 3: Ensure your wallet is funded
After NFT minting, you will need to list the NFT for sale. Selling an NFT requires the blockchain network to do some computing. The transaction costs some money known as a “gas fee.” Find out the amount of transaction fee you are required to pay as some can be high than you expect. The fee will be deducted from your crypto wallet.
Step 4: List the NFT for Sale
After minting NFT, you will be ready to sell it on the NFT marketplace. Open the NFT description page and click the “Sell” button.
You can also choose to code an NFT digital art yourself if you have good coding skills and desire to become an NFT developer. However, you must realize that the Ethereum blockchain has a monopoly on the development of NFTs.
Choosing an NFT marketplace to create an Art Digital NFT
An important part of creating NFT digital art is choosing an NFT marketplace. The right choice depends on various factors such as the supported file formats, fees, supported crypto wallets, accessibility of the platform by users, and more.
There are many NFT marketplace platforms today and they work slightly differently. The most important thing for artists is to know whether the platform is curated or whether it is a self-service platform. This will help you to choose the most suitable one.
Non-curated or self-service-based NFT platforms provide free access to all artists. To upload your digital file onto them to create art digital NFT, you only have to sign up with your crypto wallet and pay the transaction fee. The most popular self-service NFT platforms are OpenSea and Rarible.
Curated NFT marketplaces are very selective when it comes to artists. To sign up and start minting NFT digital art on the platform, you must submit an application describing your NFT collection as well as your previous artistic experience.
You may have to wait for a long time before the platform administrators get back to you. However, the stringent selection criteria mean that most of the top NFT digital art pieces are found on such platforms. Buyers also have more confidence in artists whose works are listed on such platforms. Some of the popular curated NFT platforms are Nifty Gateway and SuperRare.
Buy and Sell NFTs for a Profit
You can grow your crypto earnings by buying cheap NFTs and selling them for a profit. NFTCrypto.io has made this even easier for you via their NFT trading signal system. They find profitable flips in the NFT market and share the signal with you in real-time. Join NFT Signals now and become a successful NFT trader. The platform users have so far earned a total group profit of over $1 Billion.