These days, everyone is talking about NFTs. In this digital world where people are concerned with buying and selling cryptocurrencies and other digital products, NFTs cannot be left out.
As a digital creator, learning how to sell your work as an NFT can go a long way to establish you financially and in the digital space.
In this article, I will discuss a few ways you can sell your pieces as NFTs and make legit money from them, effortlessly.
1. Mint your digital asset
Before you even talk about selling NFTs, you have to, first of all, convert your digital asset to an NFT. You could convert it to a blockchain network, such as Ethereum, which certifies that you’re the owner of the piece.
Digital products such as art, music and writing can be easily converted to NFTs. Just make sure your work is of good quality. You will be sure to have buyers.
2. Choose the right NFT marketplaceIt will be a waste if you develop a quality product but sell it to the wrong market. You might as well, not get a buyer. It is important you search for a good NFT marketplace. Examples include; OpenSea, Amazon, etc.
3. Upload your NFT
Once you have determined the marketplace that suits your product, upload it by clicking “Mint an NFT” (depending on the marketplace you choose). Select the “Sell” option and upload other details, such as the price of the digital product. You will also find the percentage which the marketplace will deduct from the total sales of your NFTs.
4. Follow up
This process involves managing your listing. After you have listed your NFT for sale, like every other online store, it is also vital to track the progress it is making. You will need to promote the sale of your NFT by making use of website and social media posts and ads to direct potential patrons to patronize you.
What you need to knowMany a time, people get discouraged to sell NFTs because they are not digital creators. The good news is that selling NFTs is not only for digital creators. Why? This is because, just like buying and selling in physical marketplaces, you can buy and sell NFTs. This means that you will be selling in a secondary market. You will have to follow the above steps on how to sell an NFT. The only difference is that you are not the original creator of the digital asset.
Why sell NFTs
There are different reasons you should sell an NFT. First, as a digital creator, converting your piece to NFT can be an alternative to selling it and earning even more. It also provides you with the luxury of choosing your own market. Second, if you have bought NFTs in the past, you can as well, resell them and make money from them. There is definitely, much profit to be made from selling NFTs, so this is a good reason to sell.
Although selling NFTs is not a walk in the park, it is a worthwhile venture. You will be incurring some marketplace and overhead costs, but when investigated properly, you will realize it is mostly a profitable venture. Besides, no business is spelt “easy” anyway.Featured Image Source: The Indian Wire
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