Opensea io stock8/20/2023 We will go through the installation process to add the Google Chrome browser extension, but the process is similar for the Android and iOS mobile applications. There are a number of wallets to choose from, but for the purposes of this tutorial, we are going to use MetaMask. In order to sell your photos as NFTs, you will need a cryptocurrency wallet. You may need more than this as fees can be quite costly. At least $50-100 in ether (ETH) to pay for any fees associated with listing your NFT.You could choose from MetaMask, TrustWallet or Coinbase Wallet. An Ethereum wallet that supports the Ethereum-based NFT token standard ERC-721.Since Ethereum is by far the largest NFT ecosystem, you will need a few things to mint your NFT on the Ethereum blockchain: This means that if you create an NFT on the Binance Smart Chain, you can only sell it on platforms that support Binance Smart Chain assets. There are separate NFT token standards, compatible wallet services and marketplaces for each blockchain. Here are some other blockchains that are growing in popularity: Before creating your NFT, you’ll need to decide which blockchain you want to mint it on.Įthereum is by far the leading blockchain service for NFTs, so it makes sense to use that if you’re looking for the widest reach possible. The blockchain is seen as a global source of truth as to who owns what, in a digital sense.Ĭreating an NFT is a relatively simple process, and does not require deep knowledge of crypto. real world assets that have been tokenized, including real estate, cars, racehorses and digital sneakers, etc.Īs an owner of an NFT, you are in possession of a digital good.virtual items in video games, including skins, virtual currency, weapons and avatars.photos, illustrations and animated GIFs.Having an NFT on the blockchain ensures that it can always be traced from the current owner all the way back to the original creator.Ī wide variety of digital files can be minted as NFTs, including: Verified using the blockchain, NFTs have transparent history of ownership, purchases, and trades that cannot be edited and are visible by anyone. All NFTs are sold using cryptocurrency, so both the buyer and seller need a cryptocurrency wallet to complete the transaction. Transforming a regular digital asset into an NFT is referred to as minting, which tokenizes that asset on the blockchain. NFTs are gaining popularity as a form of digital collectible. An NFT (non-fungible token) is a unit of data stored on the blockchain that certifies a digital asset as being unique and therefore not interchangeable. Unless you live under a rock or in a cave without access to the internet, you have likely heard about NFTs – they have been all over the news and social media during the past year. How to Sell Your Photos as NFTs: Complete Guide (2023)īy Marshall Reyher in Crypto, NFTs, Photography, Tutorials
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