The process for creating and minting NFT artwork can vary depending on the platform or marketplace you are using. Be prepared for paying gas fees to the Ethereum network for processing the transaction. Gas fees can vary depending on network congestion and the complexity of the transaction.
Some NFT marketplaces charge a fee to mint NFTs on their platform. These fees can vary from platform to platform. If the NFT art includes royalty fees, the creator of the artwork may receive a percentage of the sale price each time the NFT is sold on a secondary market.
It’s important to research and understand the fees associated with minting NFTs before getting started to ensure that the costs are worth the potential benefits.
Now, to get you started here is a general overview of the most standard process involved with creating and minting your own NFTs:
Remember, the process for creating and minting NFT artwork can be complex, so it is important to do your research and understand the technical details involved.
One of the reasons why many people find crypto-currency appealing is because of it being a decentralised means of managing currency without the unnecessary fees and lengthy processing induced by the ‘middle man’. i.e the banks…
However, how true is this? After all, there are still fees to pay, plus there are still a few unnecessary middle men…
Over the years the music industry has taken quite a beating from new technology.
And now, maybe this time, blockchain technology is here to make a game-changing difference for the independent music creator.
From music cassettes to discs and now the impalpable digital audio file that can be readily served from a number of devices or internet streaming services.
A list of blockchain related services and resource.
Whether you are into the whole Non Fungible Token ‘rage’ or not, there isn’t any doubt that attaching your unique photography work to a blockchain, is a confirmatory action that artists can make as a means of publicly validating their ownership of the work they create.
This, with additional material that only the originator will have access to, can help quickly establish ownership of any artwork.
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