I've created my first NFT today.
Marketplace link: rarible.com/token/0xd07dc4262bcdbf85190c01c996b4c06a461d2430:368716:0xcdc617961d0edfb129710fc07b61c174f786c4aa
OpenSea database link: opensea.io/assets/0xd07dc4262bcdbf85190c01c996b4c06a461d2430/368716
Raw image:
I'm creating a FAQ, so please ask any questions that come to mind and I'll accrue them and answer them in detail. I'll add all responses to OP.
Note: I'll answer short questions quickly, but questions needing more genuine responses will take more time to answer. I'm not ignoring anyone, just want to be able to sit down and focus if I am to give a good answer to some of your more complex questions.
How did you make it and any expenses
How did I make the image? How did I upload it? Or both?
Costed about $100 total ETH (Etherium) to upload this first image to my gallery. There was a $16 fee and a $80 fee (estimated); I'm not sure if the former was associated with being a first time uploader.
Its a Nft of ur ktt profile? Fire
The NFT isn't my KTT profile, to be exact, the image available for sale is this:
I'll bid 1 cent which is 1 cent more than what this is worth
This one isn't available for bid. There are 15,000 copies available at around $52 each (0.03 ETH)
How did you upload it?
Where did you upload it?
And did you to use a specific crypto wallet for expenses and to be able to receive any revenue?
This one isn't available for bid. There are 15,000 copies available at around $52 each (0.03 ETH)
Why would buying one be a good investment for me?
The NFT isn't my KTT profile, to be exact, the image available for sale is this:
your ktt profile
How did I make the image? How did I upload it? Or both?
Costed about $100 total ETH (Etherium) to upload this first image to my gallery. There was a $16 fee and a $80 fee (estimated); I'm not sure if the former was associated with being a first time uploader.
Sorry first part was kinda vague. So you just either did a screen cap or did a regular digital art piece in whatever program of your choosing?
Keep me posted if the $80 is a one time fee
This one isn't available for bid. There are 15,000 copies available at around $52 each (0.03 ETH)
So it’s just like selling a digital “print” of art?
I feel like the whole nft thing is gonna get so oversaturated that demand dies down when ppl realise how dumb it was to waste their cryptos on virtual art
Are NFTs just pictures, or could I upload different types of files such as video and audio?
I also noticed that you have ~15k copies of your NFT in circulation at around $50. How was that price determined, and how were you able to get that many? Are you able to determine the number in circulation?
Lastly, if you sell a copy, how much of that $ is yours?