Youâre likely reading about NFT for the umpteenth time, and thatâs large because despite having a long history going back to 2012, the subject has only recently attracted the attention of many individuals, notably investors. Therefore, we wonât waste your time with pointless bluffs and instead concentrate on the core subject: how to produce NFT art without any programming knowledge. That does not imply that we will proceed with the debate without first providing a brief definition of NFT. If only for the benefit of individuals who might be just learning about the subject. What does NFT mean, then?
Recognizing NFT
Non-fungible Token, also known as NFT, is a type of blockchain-based cryptographic Token that experts characterize as representing a single asset. Contrary to what you might assume, when we talk about investments here, we donât necessarily mean any kind of cryptocurrency; we mean tangible products like art, music, in-game items, movies, and art collections. Notably, you might ask what the term âNon-fungibleâ means in this context because it seems weird. First, fungibility in finance refers to the quality of a good or a commodity whose parts are almost interchangeable and identical.
To put it into perspective, fungibility is the ability of two different assets with the same value to be exchanged while retaining their original value. For example, a unit of a $100 bill and another unit of a $100 bill, or possibly five units of a $20 note. Similarly, if one Bitcoin is exchanged for another, it remains one Bitcoin and one Ethereum.
NFTs can be contrasted with priceless stones like diamonds, gold, and the like. On the other hand, a ânon-fungibleâ asset is distinct and has a different value from another NFT with an equal or similar value. In other words, each NFT has distinctive features, and its value fluctuates with time.
How to make NFT Art without knowing any code
Directly to the point: how are NFT arts produced? First, as the market demand for NFTs has recently increased, more people and potential investors are looking for information on how to build digital assets. For instance, one of Coindeskâs reports noted that the trading volume at OpenSea, a well-known NFT platform, went from $1 million in August 2020 to $8 million in January 2021 and $50 million in February 2021.
Even more exciting, the startup has revealed a $23 million seed investment headed by Silicon Valley venture capital firm Andreessen Horowitz (a16z). All of this demonstrates how disruptive NFT is to the crypto industry. By this point, you probably share my enthusiasm for learning the âHow.â Letâs begin!
Contrary to popular misconception, you do not need programming or coding skills to create an NFT. However, it would be a significant advantage if you did because it would enhance your chances of gaining sales with larger bids. So, how do you approach this as a novice?
There are a few different ways to create an NFT, and while some demand a lot of time and work, others only require a little skill and, of course, a shorter amount of timeâpossibly less than an hour. And whatâs this? They all still sell. Notably, NFT makes use of art in any shape or medium. Thus you can be asked to use your creative abilities. Weâll use graphic arts in this instance as a case study to show what the procedure comprises.
For instance, if youâre a graphic designer, youâll need to use programs like Photoshop, MS Paint, CorelDraw, and others for graphic editing. You need to come up with an idea; you can think of something original and distinct from the many works already available in your preferred choice of marketplace.
Alternative approaches, such as 3D modeling, which is more challenging for beginners, are also available. To create animated images, characters, or anything else that would catch the eye of potential customers, you need to use a 3D modeling application.
Once your piece of art is complete, you can list it on an established NFT marketplace, where youâll need to provide proof of ownership before it can be made available for purchase. At this point, you might be asking how to join an NFT; weâll cover that later.
How to sell and recruit NFTs
NFT arts enlistment procedures vary from site to site, primarily because of the differences in each blockchain technology. You might need to submit an application to construct a project that will be marketed as an NFT on some Marketplaces.
In other situations, all you need to do is create a MetaMask wallet online. What does the alliteration word mean before we continue?
According to Yahoo Finance, the term âMetaMaskâ refers to a wallet that is only accessible through your computer and provides you complete control over your money. According to Wikipedia, the Ethereum blockchain can be accessed using it as a software cryptocurrency wallet.
To connect with decentralized applications (dApps), users can access their Ethereum wallet through a browser extension or mobile app to Wikipedia. Although they can be stored on other blockchains, NFTs are typically retained on the Ethereum blockchain.
The next step is to create a MetaMask wallet, which makes a user a potential trader (i.e., a buyer or a seller). This suggests that you can upload your NFT art to the marketplace, wait for the collection to be whitelisted (i.e., approved and accredited), and then wait patiently for a buyer to contact you.
While NFT art sales are profitable and enable artists to monetize their creations, grow their income, do away with middlemen, and sidestep traditional market dynamics, they also have a huge disadvantage in that artists must pay an extremely high gas price. In other words, every successful sale results in a hefty commission fee, which may prohibit artists from earning as much money as possible.
Additionally, few companies with a marketplace for NFT transactions control their tokens. There are some, nevertheless, such as the AFEN tokens held by AFEN, which is developing a decentralized NFT market for African art. Due to their low market worth, most of these tokens are promising. The NFT market is now in its infancy and will continue to grow when mainstream adoption becomes a reality.