WHAT ARE NFTs? HOW TO MAKE AND SELL NFTs?

Non-fungible tokens are hot right now, and artists are cashing in big time. Bitcoin Angel, like Jones' Bitcoin Angel, is now worth millions. This thriving sector shows no signs of slowing.

So, what exactly are NFTs, and why do collectors prize NFT-based artwork? What if you could create and sell your own NFT masterpiece? The blockchain technology has lately developed another sweet delicacy, and it is not too late to join in!

What is NFT Art? NFT digital art may be made to look and feel like anything. No matter if it's a vintage Ford Mustang in your driveway, a song you wrote with a friend, a photo of your kitten or an original meme, anything may become an NFT. NFTs are digital tokens stored on a blockchain and used to prove ownership of a specific property or work of art.

You could make the Mona Lisa an NFT if you really wanted to, but first you'd have to get it. Anyone can create an NFT out of whatever they can think. After earning knowledge and expertise, they can sell it on a marketplace like Opensea. They will get fame and money if they sell it.

Why are NFTs so popular? NFTs have been around for a while but are just now gaining popularity. Why? There were no marketplaces for purchasing and selling NFTs previously.

Everyone wants in on the money-making frenzy that has engulfed NFT marketplaces now that they are popping up everywhere. Mike Winkelmann aka Beeple, on one of his NFTs, made $69.3 million! If we consider not wanting to participate in that possible revenue, we might a little crazy. Beeple structures his non-compete agreements, so he gets a 10% cut of every artwork sale!

Anything can be made into an NFT; therefore, the possibilities are truly endless. How to Make an NFT Artwork Making an NFT is a lot easier than you think. Create your own 8-bit avatar using your imagination, then convert it into an NFT and utilize it to make passive income while retaining it in your hands. As a result, each of these traits has its own market value, which increases with each new purchase made by the community.

In other words, if someone makes an 8-bit avatar using your pixel avatar, you'll get a cut of the profits. Consider this scenario: you mint a cool woolly pink hat on an avatar going to join your NFT collection.

You will get a percentage of the money spent on a pink woolly hat if someone else wears it on their avatar. Only better than Beeple's 10%. You can sell your unique NFT artwork on an NFT marketplace and get paid immediately!

What Are the Benefits of Trading Non-Financial Instruments? Buying a crypto artwork NFT is like buying the rights to a piece of art or an object. The blockchain keeps a permanent record of your ownership, making authentication simple. Non-traditional toys are another great way for artists to get their work out there.

Increasing your profile and showcasing your work is a great way to make money in the NFT art scene. The pricing schematics that support NFTs are straightforward to grasp. Because non-fungible tokens are considered as a means of retaining value, their value does not tend to diminish with time.

It follows that if someone is willing to pay X amount of money for an art piece, then the rest of the art community should also be willing to pay X amount of money. There so many applications and software that can be your character generator to create entirely unique avatars.

How do you turn art into NFT? It only takes a few seconds to design your own NFT. Simply choose the elements by clicking on them. Then mint it and decide whether to focus on ongoing rewards or a one-time sale with a high profit margin. Choose your items based on future trends. As more people utilize your products in the future, your chances of earning passive income increase. Thus, Make Your Own NFT Now!

Questions or issues regarding developing NFT artwork? Contact me or my team. We will do their best to help you and answer all your questions!!

--

Abd Azharee Abdul Wahid is the Founder and Chief Executive Officer of Malaysia Micro Enterprises Academy (Akademi Usahawan Mikro ) The Leading Global Accelerator Hub That Offers Innovative Digitalization Programs & Services For Malaysian & ASEAN MSME.

Commonly knows known as the #1 SME Digital Transformation Guru in Malaysia, he has worked with the Micro & SME group, associations, foundations, NGOs, and individuals and has so far managed to help over 10,000 Entrepreneurs throughout the country in enhancing their business through Personal Coaching, Small Group Coaching, Workshops, Seminars and Talks since 2007.

He is currently managing several businesses namely, a Digital Solution, Digasto.com  - DIY Corporate Website Builder and a homestay in Perak. He has also appeared and has been interviewed by Astro Awani , RTM , Bernama TV , Mobile Magazine, TV Selangor (TVS), BFM 89.9, Capital TV, Berita Harian, Utusan Malaysia, NST, Star, TV9, RTM, Nasional FM, Ewana Radio, Radio Wanita4u.fm and Mingguan Wanita as well.