Introduction
We are launching a series of articles where we will tell you how to create an NFT token and make a whole collection. In this material, we will study all aspects of creating our project, from the concept’s inception to its final implementation. The first article is devoted to the fundamental aspects – a kind of roadmap, where we analyzed the main stages of creating an NFT project point by point.
1) Idea
First, it should be understood that the critical difference between NFT and a simple image on the Internet is that all non-fungible tokens exist based on the blockchain and have a specific use regulated by a smart contract. Thus, the first step in creating your NFT collection is to generate an idea for your collection. After all, no one will buy NFT, which stands for nothing.
2) Art
Besides a good idea, the success of an NFT collection clearly depends on how interesting the NFTs themselves look. Quality NFT collections have many attributes that affect the NFT rarity score. All items are drawn separately and combined into a finished NFT in the candy machine. Attribute rendering is the most complex and time-consuming process, so hiring an artist who already has experience creating NFT art makes sense.
3) Promotion
To achieve the desired soldout, the collection needs to be promoted. To date, the main social networks for promoting the collection are Twitter and Discord. This topic is fundamental when creating your project so that it will be given more attention in a separate article.
4) Launchpad
Many wonders where to create an NFT without blockchain development and programming skills. There are several different NFT generators and platforms. We would like to highlight the most relevant today – the LaunchMyNFT platform on the Solana network, where you can create your digital work of art free (just pay a couple of dollars for a commission on the Solana network). The Solana blockchain is the leader in the NFT field regarding volume and audience. In addition to being the most popular platform on the Solana network today, LaunchMyNFT is intuitive and easy to understand, even for beginners. Here you can quickly generate your collection both by attributes separately or simply upload ready-made images. Everything is set up quickly and clearly: you can specify the number of NFTs, the price of a mint, the wallet where the funds will go, and the percentage of royalties that will come to you after the sale on the secondary market.
5) Sales in the secondary market
After a successful soldout, the collection should be listed on the secondary market, where users can buy and sell mined NFTs. The leading platform in the Solana network is Magic Eden. To get there, you must fill out a form on the site’s website, where you need to specify primary data about your collection. After that, the Magic Eden team will conduct an examination and make a final decision on the approval of the listing of your collection. It is worth noting that not all collections fall on Magic Eden. This is what other venues have been created for: Coral Cube and SolSea. On these sites, you can list any NFT token.
Results
After reading this article, you understand what steps you need to go through to create your NFT collection. As it turns out, it’s not difficult at all. However, for the collection to succeed, it is necessary to work out each aspect in detail and with high quality. That is why acting alone will be complex and irrational. In the following article, we will discuss what kind of people you need when creating your NFT project.
