Now that you understand the risks and rewards of entering the NFT market as a creator, and how you can create digital artwork, let’s get you started with minting:
1. Choose a marketplace:
The very first step is sometimes the most daunting, and that is how to choose the right platform. There are various types of platforms you can choose to mint your very first NFT on, but the two main categories are curated platforms and open platforms.
Curated marketplaces usually only allow authorized artists to mint, which means it’s either on an invite-only basis or artists have to fulfill certain criteria (like follower count) in order to be on a curated platform. Curated platforms usually have higher transaction fees and lower flexibility on the royalties you can program into your work. What’s more, the process of getting approved to sell on curated platforms may take some time – not ideal for new artists looking to dive into the NFT world.
Open marketplaces are peer-to-peer marketplaces that are as the category suggests – open – meaning they allow nearly anyone and everyone to create their NFTs, unless you mint something that gets your NFT listing removed. Open platforms also allow you to be in charge of what percentage royalty you would like to set for your NFT.
Mintable is an open marketplace that comes with all these perks, as well as a feature called gasless minting, for those who want to do away with pesky gas fees.
2. Set up your digital wallet
Once you’ve chosen the platform you wish to mint your NFT on, the next step is to create a digital wallet. There are many different types of digital wallets out there, make sure you choose one that is compatible with the platform you picked.
A digital wallet is used to store both your cryptocurrencies and your NFTs. If you’ve chosen to mint traditionally (rather than use Mintable’s gasless feature), then you will need some cryptocurrency, like ETH to pay for gas fees while creating an NFT.
Metamask is one of the most common wallets used, it is the wallet that is compatible with the Mintable platform.
Here’s a step-by-step guide to how to set up your Metamask wallet: https://editorial.mintable.app/2021/08/22/how-to-set-up-metamask/
3. Let’s Mint!
Once you’ve got your wallet set up, with the right amount of cryptocurrency ready, it’s time for minting. Minting your NFT will ensure that your beautiful artwork gets turned into a unique asset on the blockchain and into a listing on a platform, for which you can shop out buyers everywhere. We’ve written step-by-step guides that take you through all the steps of minting on Mintable – from creating an account to choosing the type of minting (gasless of traditional), to the type of listing and all the other necessary details you will need to get you started on our platform.
Follow our step-by-step guide to:
- Traditional minting: https://editorial.mintable.app/2021/09/25/advanced-nft-minting-options-how-to-mint-traditionally/
- Gasless minting: https://editorial.mintable.app/2021/08/22/minting-a-gasless-nft-on-mintable/
Congratulations! You made it through minting – now your beautiful creation lives on the blockchain and on the Mintable platform.