Why NFTs are a big opportunity for emerging artists?

TechMint
2 min readApr 3, 2021

NFTs a.k.a Non Fungible Tokens is the new buzz in cryptocurrency. Many digital artists are exploring NFT marketplaces like OpenSea, Rarible, Nifty Gateway.

From GIFs to 3D art, domains, and even music. Digital creators are getting better reception, visibility, and revenue for their work on NFT marketplaces.

Artists can list their work on NFT marketplaces without worrying about copyright or art theft as these platforms are built on secure ethereum blockchain systems known for their robust security and transparency.

NFTs on ethereum

In the traditional exchange of media and entertainment, artists struggle to get recognition and the value that they deserve, and art buyers or investors face issues over ownership.

With the boom in NFTs, artists can represent their art or digital items, create a fan base and community and get the right value for their work.

Recently, Beeple a.k.a Mike Winklemann sold a digital art piece at 69 m dollars at Christies’-a world-class auction house.

Source : the Verge.com

The process of listing your digital items on NFT platforms is quite easy. All you got to do is create your profile, connect your crypto wallet like MetaMask. Then you need to submit your token and add details. Once your NFT is up on the marketplace, you need to pay a minimal gas fee (which is one time) and get your art listed.

Things to remember before you list your NFT

  • Be precise with your digital asset information.
  • Don’t sell your NFT too high or too low. (make sure you do the right math and cover the gas fee you have spent on listing it.
  • Make sure to promote your NFT on social media platforms.
  • Connect with the NFT artist community on ThankYouX and Twitter.

To sum up, NFT is in its nascent stage but experts say it isn't a flash in the pan! But one ought to educate oneself before selling or buying NFTs’

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TechMint
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Tech and Biz writer. Crypto enthusiast. Blockchain explorer