Non-fungible tokens (NFTs) are the latest concept of distributed ledger technology that is resonating with the broader audience. While they provided a new revenue stream for content creators, their explosive valuation continues to interest investors and digital art collectors. With the industry exploding to a billion dollars, it’s understandable if you’re raring to join the bandwagon by minting (or creating) your own NFT.
In this guide, we will learn how to create an NFT – termed minting an NFT, in particular on the UnicoNFT platform.
Select A Blockchain, Create UnicoNFT Account and Connect Wallet
UnicoNFT supports three blockchain networks, including Ethereum, Binance Smart Chain, and Polygon. However, the integration with the Polygon network is still under process and isn’t available at the moment for minting NFTs. If you know which blockchain is good for your NFT, the next step is to create an account on UnicoNFT. Sign up with your name and email.
Now, connect your wallet with your account. Click on the profile icon on the top right corner, and select “Connect Wallets” from the drop-down menu. Or, if you have a UnicoNFT wallet, you can connect it directly to your account.
Minting NFTs on Ethereum
Currently, Ethereum is the most widely used blockchain for creating NFTs. However, due to its popularity, the minting fee can be higher than other networks. Etherum, or ETH, is the native currency of the network, which you will require to mint NFTs. If you have ETH, sign in with your login details and follow the below process to turn your digital artwork into an NFT.
Step 1: Make sure you’re using https://app.uniconft.com/
Step 2: Click on the “Create” tab to start with the process.
Step 3: You’ll come across two options – either create one NFT or multiple NFTs. If you have more than one artwork that you would like to mint, click on “Create Single”. In the other case, click on “Create Multiple”. In this sample, we will be minting a single artwork.
Step 4: Select Ethereum network from the drop-down if the default setting isn’t in Ethereum. The next step is to drag and drop your digital artwork. It can either be in JPG, PNG, GIF, WEBP, MP4, or MP3 format and should be 30 MB or low in size.
Step 5: Also, Add the details of the item and the description which clearly defines what this NFT means. Once added, select a category from the drop-down and define the royalty you’d like to receive from the artwork for future sales. Then, click on “Create Item”.
Step 6: A MetaMask or UnicoNFT wallet’s pop-up will open, wherein you need to pay the gas fee for minting your artwork to an NFT. Confirm the transaction to mint your first NFT.
Step 7: You’ll get the following notification:
Step 8: Note down the hash id for future reference. The next step is to go to your profile and click on “My Items” from the drop-down.
Step 9: You’ll see the items created by you. Click on “Publish Now” to list it on the UnicoNFT platform. It’ll ask you for the price for which you’d like to sell your NFT.
Step 10: Once you click on “Save”, it’ll direct you to your wallet, wherein you need to approve the transaction. Submit the transaction, you’ll get the notification that your NFT has been published on the UnicoNFT platform. You can also check it under the “Discover” section on the UnicoNFT marketplace.
Minting NFTs on Binance Smart Chain
The process for minting NFTs on Binance Smart Chain (BSC) using the UnicoNFT platform is similar to Ethereum. However, you need to select BSC from the drop-down menu.
NFTs are getting mainstream – creating and collecting them has become a norm. Expert advises that they might drive the ongoing Web 3.0 revolution. On UnicoNFT, we have made the process of minting them an easy breeze so users – whether beginners or professionals – don’t feel intimidated in this new blockchain space. For other questions related to NFTs, head towards our Help section wherein we have covered most of the industry lingo. Also, feel free to leave a question if we haven’t covered it in this blog post.