{"id":69482,"date":"2021-04-13T11:49:23","date_gmt":"2021-04-13T15:49:23","guid":{"rendered":"https:\/\/www.adorama.com\/alc\/?p=69482"},"modified":"2021-04-13T11:49:23","modified_gmt":"2021-04-13T15:49:23","slug":"nft-101-for-photographers-part-2-creating-your-first-nft-in-10-steps","status":"publish","type":"post","link":"https:\/\/www.adorama.com\/alc\/nft-101-for-photographers-part-2-creating-your-first-nft-in-10-steps\/","title":{"rendered":"NFT 101 for Photographers Part 2: Creating Your First NFT in 10 Steps"},"content":{"rendered":"<p>Perhaps you\u2019ve heard that you can now sell your photographs online as limited edition art with something called non-fungible tokens, or NFTs. It\u2019s an exciting time as we move into the future of art, but it also means that the process may involve new and somewhat complicated processes. In this article I\u2019m going to teach you how to create and sell your very first piece of NFT art in 10 steps.<\/p>\n<p>Unfortunately, it&#8217;s not as easy as selecting a photo and slapping a price tag on. It involves cryptocurrency, crypto wallets, minting, \u201cgas fees\u201d and more. This isn\u2019t meant to intimidate you by any means, but setting up for your first piece will take a little time and effort. I will say that I\u2019m giving you an overview of the process, but you\u2019ll definitely need to do a bit more research based upon where and when you decide to sell your first piece \u2014 different platforms have slightly different processes.<\/p>\n<div class=\"iframe-container\"><div class=\"lyte-wrapper\" title=\"NFT 101 for Photographers: Part 2 | Creating your First NFT\" style=\"width:1280px;max-width:100%;margin:5px;\"><div class=\"lyMe hidef\" id=\"WYL_eHLFBOy_frE\" itemprop=\"video\" itemscope itemtype=\"https:\/\/schema.org\/VideoObject\"><div><meta itemprop=\"thumbnailUrl\" content=\"https:\/\/i.ytimg.com\/vi\/eHLFBOy_frE\/hqdefault.jpg\" \/><meta itemprop=\"embedURL\" content=\"https:\/\/www.youtube.com\/embed\/eHLFBOy_frE\" \/><meta itemprop=\"duration\" content=\"PT15M42S\" \/><meta itemprop=\"uploadDate\" content=\"2021-04-11T14:00:10Z\" \/><\/div><div id=\"lyte_eHLFBOy_frE\" data-src=\"https:\/\/i.ytimg.com\/vi\/eHLFBOy_frE\/hqdefault.jpg\" class=\"pL\"><div class=\"tC\"><div class=\"tT\" itemprop=\"name\">NFT 101 for Photographers: Part 2 | Creating your First NFT<\/div><\/div><div class=\"play\"><\/div><div class=\"ctrl\"><div class=\"Lctrl\"><\/div><div class=\"Rctrl\"><\/div><\/div><\/div><noscript><a href=\"https:\/\/youtu.be\/eHLFBOy_frE\" rel=\"nofollow\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i.ytimg.com\/vi\/eHLFBOy_frE\/0.jpg\" alt=\"NFT 101 for Photographers: Part 2 | Creating your First NFT\" width=\"1280\" height=\"700\" \/><br \/>Watch this video on YouTube<\/a><\/noscript><meta itemprop=\"description\" content=\"In this video, I take you through the steps need to create, mint, and sell your very first piece of photographic NFT art. It&#039;s not as easy as selecting a photo and slapping a price tag on it. It involves cryptocurrency, crypto wallets, minting, \u201cgas fees\u201d and more. That\u2019s why I\u2019ve broken this all down into 10 steps and carefully explained the lingo\u2014 so you can get started without the confusion! 1. Learn about NFTs 2. Buy ethereal on Coinbase https:\/\/www.coinbase.com\/ 3. Set up a wallet https:\/\/metamask.io\/ 4. Transfer money to wallet 5. Select your marketplace, connect the wallet 6. Mint your piece, pay the first gas fee 7. List your piece, pay the second gas fee 8. Promote on social platforms 9. Wait for bids 10. Receive payment after-sale If you\u2019d like to do more research be sure to check out some of the links below to dive deeper into your NFT education! NFT Bible: https:\/\/opensea.io\/blog\/guides\/non-fungible-tokens\/ Marketplaces: https:\/\/foundation.app\/, https:\/\/makersplace.com\/, https:\/\/superrare.co\/ https:\/\/opensea.io\/. https:\/\/rarible.com\/. https:\/\/niftygateway.com\/ Environmental Impact: https:\/\/www.wired.com\/story\/nfts-hot-effect-earth-climate\/ Stay tuned for episode 3, covering best practices when creating your first NFT! Check Out Part 1: NFT 101 for Photographers: Part 1 https:\/\/www.youtube.com\/watch?v=q-tH8NaAx9w \u2192 Articles: NFT 101 for Photographers Part 2: Creating Your First NFT in 10 Steps https:\/\/www.adorama.com\/alc\/nft-101-for-photographers-part-2-creating-your-first-nft-in-10-steps\/ NFT 101 for Photographers Part 1: The Essentials, with Lindsay Adler https:\/\/www.adorama.com\/alc\/nft-101-for-photographers-part-1-the-essentials-with-lindsay-adler\/ SUBSCRIBE AND BE PART OF THE ADORAMA FAMILY: \u27a5 https:\/\/www.youtube.com\/user\/adoramaTV #nft #cryptoart #adorama __________________________________ \u2750 LET&#039;S GET SOCIAL \u274f \u27a5 Facebook https:\/\/www.facebook.com\/adorama\/ \u27a5 Instagram https:\/\/www.instagram.com\/adorama\/ \u27a5 Twitter https:\/\/twitter.com\/adorama \u2750 MORE ADORAMA \u274f \u27a5 Podcast https:\/\/www.adorama.com\/g\/adorama-podcast# \u27a5 Blog https:\/\/www.adorama.com\/alc\/ \u27a5 Shop https:\/\/www.adorama.com\/ __________________________________ Check out Lindsay Adler&#039;s NFTs at: https:\/\/foundation.app\/lindsayadler Photographer Lindsay Adler IG: @lindsayadler_photo Twitter: @lindsayadler Youtube: https:\/\/www.youtube.com\/user\/AdlerPhotoWorkshops __________________________________ THANKS SO MUCH FOR WATCHING!\"><\/div><\/div><div class=\"lL\" style=\"max-width:100%;width:1280px;margin:5px;\"><\/div><\/div>\n<p>If you want to follow along with my NFT art, be sure to check it out <a href=\"https:\/\/foundation.app\/lindsayadler\">here<\/a>.<\/p>\n<p>Here is how to create your first NFT in 10 steps:<\/p>\n<ol>\n<li><a href=\"#learn\">What are NFTs?<\/a><\/li>\n<li><a href=\"#buy\">Buy Ethereum on Coinbase<\/a><\/li>\n<li><a href=\"#setupwallet\">Set up your wallet<\/a><\/li>\n<li><a href=\"#transfer\">Transfer money to wallet<\/a><\/li>\n<li><a href=\"#select\">Select the platform or marketplace and connect your wallet<\/a><\/li>\n<li><a href=\"#mint\">&#8220;Mint&#8221; and pay first &#8220;gas fee&#8221;<\/a><\/li>\n<li><a href=\"#list\">&#8220;List&#8221; and pay second &#8220;gas fee&#8221;<\/a><\/li>\n<li><a href=\"#promote\">Promote on social platforms<\/a><\/li>\n<li><a href=\"#wait\">Wait for bids<\/a><\/li>\n<li><a href=\"#receive\">Receive payment after sale<\/a><\/li>\n<\/ol>\n<p>It&#8217;s a lot to think about, so, let\u2019s let&#8217;s dig into the details.<\/p>\n<h2 id=\"learn\">1. What are NFTs?<\/h2>\n<p>The first step to creating, minting, and listing your first NFT is to learn more about what they are. You think I\u2019m joking, but a lot of photographers and artists hear the hype about it being a quick way to make money, and they jump right into it.<\/p>\n<p>You\u2019ll want to do more research, and I\u2019d suggest that you begin by watching my first video above. I explain in detail how NFTs create digital scarcity and act like certificates of authenticity. I take you through the essentials of the lingo, <a href=\"https:\/\/www.adorama.com\/alc\/nft-101-for-photographers-part-1-the-essentials-with-lindsay-adler\/\">what the Non-Fungible Tokens are<\/a>, and what they mean to the art world and photographers.<\/p>\n<p>Also, I recommend you look into other successful photographers and other artists in the space. They will not only inspire you but give you ideas for best practices but also how you, too, may find success.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-69484\" src=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Bella.jpg\" alt=\"\" width=\"1200\" height=\"661\" srcset=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Bella.jpg 1200w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Bella-300x165.jpg 300w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Bella-1024x564.jpg 1024w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Bella-50x28.jpg 50w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>Speaking of, my third and final video in this series covers my experience with selling my very first NFT and best practices in the space\u2026 so stay tuned for that.<\/p>\n<h2 id=\"buy\">2. Buy Ethereum on Coinbase<\/h2>\n<p>One of the things you may not have realized is that minting and listing your NFT is that it will actually cost you money upfront. I\u2019ll talk about this later, but you are going to have to begin by purchasing some currency you can use to pay for the process.<\/p>\n<p>In particular, you will have to purchase a cryptocurrency called Ethereum. This is about to get lingo heavy, so let\u2019s start with some basic terminology.<\/p>\n<ul>\n<li><strong>Cryptocurrency<\/strong>: a digital currency that is decentralized. In other words it&#8217;s not controlled by a bank or government. You may have heard of bitcoin before? That is a cryptocurrency.<\/li>\n<li><strong>Ethereum<\/strong>: Often seen as ETH, is the specific currency used for the creating, buying and selling of NFTs among other things. NFTs are created and recorded on the \u201cethereum network&#8221; and that\u2019s why you\u2019ll need to use this particular digital currency.<\/li>\n<li><strong>Cyptocurrency Exchange<\/strong>: where you can buy, sell, and send these digital currencies. Its the same idea as a normal currency exchange like when you travel and need to get the local money\u2026 except this is dealing with cryptocurrency.<\/li>\n<\/ul>\n<p>Okay, so we got some lingo out of the way. What do we do with this knowledge?<\/p>\n<p>You\u2019ll need to begin by creating an account with <a href=\"https:\/\/www.coinbase.com\/\">Coinbase<\/a>, a cryptocurrency exchange. You use your &#8220;real&#8221; money, in my case US dollars, to purchase cryptocurrency. As I just mentioned, certain things, like NFTs in particular, can usually only be bought, sold, and created using this specific currency. If you have Bitcoin or Dogecoin or anything else, its like trying to buy something in Thailand with Euros \u2014 you\u2019ve got the wrong money.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-69486\" src=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Coinbase.jpg\" alt=\"\" width=\"1200\" height=\"518\" srcset=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Coinbase.jpg 1200w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Coinbase-300x130.jpg 300w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Coinbase-1024x442.jpg 1024w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Coinbase-50x22.jpg 50w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>There are a few ways to pay for your crypto, but typically you\u2019ll either pay via debit card or a bank transfer. Here\u2019s the kicker. If you use a debit card there is usually an initial limit on what you can spend, which may not even be enough to get your started in making your first piece. If you do a bank transfer, it can take up to two weeks. For me, the money transfer took 10 days.<\/p>\n<p>So, if you plan on doing an NFT soon, you should probably do this part of the process right away.<\/p>\n<p>You, of course, will need to decide how much money you want to exchange. I\u2019d say you\u2019ll probably want to start out with a $150-200 USD or so to make sure you cover your necessary fees in creating your art, which we will talk about later. You can get away with less, but you don&#8217;t want to be short.<\/p>\n<p>You can see in this instance that I decided to convert $1000 USD. Coinbase will then let me know when the money is in my account.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-69514\" src=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Purchases.jpg\" alt=\"\" width=\"1200\" height=\"598\" srcset=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Purchases.jpg 1200w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Purchases-300x150.jpg 300w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Purchases-1024x510.jpg 1024w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Purchases-50x25.jpg 50w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>Oh, and by the way, if you\u2019ve ever gotten money at a currency exchange in another country you know that it&#8217;s not free \u2014 they charge you a fee. It&#8217;s the same thing with these crypto exchanges \u2014 so just a heads up.<\/p>\n<h2 id=\"setupwallet\">3. Set up your wallet<\/h2>\n<p>You\u2019ve purchased some crypto to spend, but now you need a wallet to put it in. These wallets allow you to interact with different platforms to buy and sell things.<\/p>\n<p>While it&#8217;s not exactly the same thing, you know how on a lot of websites you can easily one click pay with PayPal? Your wallet does that same thing. With just a click of a button you can pay for what you need without having to do transfers or anything that takes too much time \u2014 it&#8217;s instant.<\/p>\n<p>There are many wallets out there, but one of the most common and ubiquitous is <a href=\"https:\/\/metamask.io\/\">Metamask<\/a>. It has a browser extension that makes using Ethereum much, much easier.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-69499\" src=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Metamask_browser.jpg\" alt=\"\" width=\"1200\" height=\"230\" srcset=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Metamask_browser.jpg 1200w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Metamask_browser-300x58.jpg 300w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Metamask_browser-1024x196.jpg 1024w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Metamask_browser-50x10.jpg 50w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-69500\" src=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/metamask1.jpg\" alt=\"\" width=\"1200\" height=\"697\" srcset=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/metamask1.jpg 1200w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/metamask1-300x174.jpg 300w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/metamask1-1024x595.jpg 1024w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/metamask1-50x29.jpg 50w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>When you sign up for Metamask, you are going to create a password and have a special code called a \u201cseed phrase\u201d that is a series of words. You have to keep this info in a very, very, <em>very<\/em> safe place.<\/p>\n<p>I don\u2019t mean to stress you out, but I <em>do<\/em> mean to stress you out. If you lose this seed phrase there is no &#8220;password reset.&#8221; Your account cannot be accessed and your money will get stuck there. So be careful!<\/p>\n<h2 id=\"transfer\">4. Transfer money to wallet<\/h2>\n<p>To be able to easily spend your cryptocurrency, you have to connect your Coinbase account (where you exchanged the money) to your wallet (in my case, Metamask).<\/p>\n<p>Your wallet creates a unique address, a place where money can be sent. Simply copy that code (usually saying &#8220;Account #1&#8221;), and return to Coinbase where you can &#8220;send\/receive&#8221; money. Give it your address, select the amount to send, and then wait a few minutes.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-69483\" src=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Address.jpg\" alt=\"\" width=\"1200\" height=\"794\" srcset=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Address.jpg 1200w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Address-300x199.jpg 300w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Address-1024x678.jpg 1024w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Address-50x33.jpg 50w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-69509\" src=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Send.jpg\" alt=\"\" width=\"1200\" height=\"949\" srcset=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Send.jpg 1200w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Send-300x237.jpg 300w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Send-1024x810.jpg 1024w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Send-50x40.jpg 50w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>I personally started with a low amount to test it out the process. I selected $150 to transfer, and then it shows up in my wallet shortly thereafter, ready to spend!<\/p>\n<h2 id=\"select\">5. Select the platform or marketplace and connect your wallet<\/h2>\n<p>When you display and sell your artwork in real life, typically you will do so in a gallery. Think of your NFT platform or marketplace like a gallery. It&#8217;s a place where other artists are selling and displaying their work, and there is already a loyal group of interested art collectors.<\/p>\n<p>These platforms also help you through the process of putting your NFT into blockchain (&#8220;minting&#8221;) and then listing your piece (aka, making it available for sale).<\/p>\n<p>There are many different platforms, and each has different types of art they display, different features, different protocols. Some platforms have still photographs present and others are almost exclusively digital illustration and animation.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-69492\" src=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Foundation-.jpg\" alt=\"\" width=\"1200\" height=\"649\" srcset=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Foundation-.jpg 1200w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Foundation--300x162.jpg 300w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Foundation--1024x554.jpg 1024w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Foundation--50x27.jpg 50w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>For example, for my very first NFT creation, which often called a \u201cdrop\u201d or \u201cgenesis drop\u201d, I chose the platform <a href=\"https:\/\/foundation.app\/\">Foundation<\/a>.<\/p>\n<p>What I like about Foundation is that it has a great community of artists, including photographers, and all the artwork has one-of-one editions. In other words, you can only sell one NFT for a particular piece of artwork. Furthermore, the community is invite only, and invites are given to a creator once they sell a piece. In other words, it is artist curated. I love that idea, and after selling my first piece I got to invite two artists that I really admire onto the platform.<\/p>\n<p>Of course, there are many other marketplaces and you\u2019ll have to research which fits you best.<\/p>\n<ul>\n<li><a href=\"https:\/\/makersplace.com\/\">Makersplace<\/a> is a platform that is specific to NFT artists, and does allow the artist to choose different editions.<\/li>\n<li>On <a href=\"https:\/\/superrare.co\/\">SuperRare<\/a> artists must apply and it is carefully curated, exclusive art.<\/li>\n<li><a href=\"https:\/\/opensea.io\/\">OpenSea<\/a> is one of the oldest and biggest NFT marketplaces. It\u2019s not just art but other digital collectibles like trading cards, 3D objects, and more. There is no screening process, so you can get started right away.<\/li>\n<li>Of course there are more and I recommend you look at other platforms like <a href=\"https:\/\/rarible.com\/\">Rarible<\/a>, <a href=\"https:\/\/niftygateway.com\/\">Niftygateway<\/a>, and more.<\/li>\n<\/ul>\n<p>After you\u2019ve selected your marketplace, you need to connect your wallet. For example, with Foundation you aren\u2019t creating an account \u2014 you just connect your wallet and that is your account. If you have metamask up and running as a browser extension and you are signed in, you just hit &#8220;connect&#8221; and it does it for you. This does vary based upon the platform you\u2019ve chosen.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-69487\" src=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Connect.jpg\" alt=\"\" width=\"1200\" height=\"769\" srcset=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Connect.jpg 1200w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Connect-300x192.jpg 300w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Connect-1024x656.jpg 1024w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Connect-50x32.jpg 50w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<h2 id=\"mint\">6. &#8220;Mint&#8221; and pay first &#8220;gas fee&#8221;<\/h2>\n<p>You\u2019ve got your crypto currency, you\u2019ve set up your wallet, you\u2019ve selected your marketplace for your art, you\u2019ve connected your wallet. Now it&#8217;s time to mint your first piece.<\/p>\n<p>Minting is when you actually create your NFT that lives on blockchain that cannot be edited or deleted.<\/p>\n<p>This is the point in the process where you select your artwork, add a title and description, and then upload your piece. Depending on what marketplace you use, this is where you decide upon your edition.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-69488\" src=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Create_1.jpg\" alt=\"\" width=\"1200\" height=\"568\" srcset=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Create_1.jpg 1200w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Create_1-300x142.jpg 300w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Create_1-1024x485.jpg 1024w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Create_1-50x24.jpg 50w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-69489\" src=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Create_2.jpg\" alt=\"\" width=\"1200\" height=\"618\" srcset=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Create_2.jpg 1200w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Create_2-300x155.jpg 300w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Create_2-1024x527.jpg 1024w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Create_2-50x26.jpg 50w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-69490\" src=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Create_3.jpg\" alt=\"\" width=\"1200\" height=\"638\" srcset=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Create_3.jpg 1200w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Create_3-300x160.jpg 300w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Create_3-1024x544.jpg 1024w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Create_3-50x27.jpg 50w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>You\u2019ll want to double and triple check to make sure you don\u2019t have any spelling errors or other mistakes, because once the piece is minted you cannot change it.<\/p>\n<p>Minting also costs money, so if you have to delete aka &#8220;burn&#8221; your piece to destroy it, you\u2019ll have to pay to mint it again. So check your work carefully.<\/p>\n<p>As you go through the minting process you\u2019ll need to upload your file. To clarify, you don\u2019t upload your piece onto the blockchain \u2014 that would just take up way too much information. When you upload your piece you will probably see some notification about IPFS, which cutely stands for &#8220;interplanetary file system&#8221;. This is just a safe place where your file is stored, and your NFT is connected to the piece, but only the NFT goes up on blockchain.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-69495\" src=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/IPFS.jpg\" alt=\"\" width=\"1200\" height=\"542\" srcset=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/IPFS.jpg 1200w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/IPFS-300x136.jpg 300w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/IPFS-1024x463.jpg 1024w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/IPFS-1060x480.jpg 1060w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/IPFS-50x23.jpg 50w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>Have you double checked everything? Great. Now hit &#8220;Mint NFT&#8221; you are then prompted to &#8220;sign&#8221; your NFT on Metamask just like signing your artwork. The words and button may vary based upon the platform, but the idea is the same.<\/p>\n<p>Then you must approve your first &#8220;gas fee&#8221;. A &#8220;gas fee&#8221; is a payment to cover the computing power needed to process the NFT up onto the blockchain. Basically you are helping pay for the people that make the system work. These fees are not consistent because they are based upon the demand to the system, and there are certain times of day or days of the week where gas fees will be more or less money.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-69493\" src=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Gas_1.jpg\" alt=\"\" width=\"1200\" height=\"695\" srcset=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Gas_1.jpg 1200w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Gas_1-300x174.jpg 300w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Gas_1-1024x593.jpg 1024w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Gas_1-50x29.jpg 50w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>In some systems you can actually decide the maximum you want to pay for the gas fee, tell the system, and it will only process when it&#8217;s within the acceptable price range.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-69497\" src=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/LISTED.jpg\" alt=\"\" width=\"1200\" height=\"661\" srcset=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/LISTED.jpg 1200w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/LISTED-300x165.jpg 300w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/LISTED-1024x564.jpg 1024w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/LISTED-50x28.jpg 50w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<h2 id=\"list\">7. &#8220;List&#8221; and pay second &#8220;gas fee&#8221;<\/h2>\n<p>After a few minutes of processing, your first NFT has been minted and it&#8217;s up on the blockchain. Now, you need to list your piece. Listing your piece is basically making it available for sale or auction.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-69496\" src=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/LIST.jpg\" alt=\"\" width=\"1200\" height=\"819\" srcset=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/LIST.jpg 1200w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/LIST-300x205.jpg 300w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/LIST-1024x699.jpg 1024w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/LIST-50x34.jpg 50w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>This is where you will determine things like your reserve price, or the minimum you will sell your piece for.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-69507\" src=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/RESERVE.jpg\" alt=\"\" width=\"1200\" height=\"778\" srcset=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/RESERVE.jpg 1200w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/RESERVE-300x195.jpg 300w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/RESERVE-1024x664.jpg 1024w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/RESERVE-50x32.jpg 50w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>Depending on your platform, this is where you will decide how much you want to receive as royalties on future sales.<\/p>\n<p>Guess what? Unfortunately, when you list your piece, there is one more gas fee to pay.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-69494\" src=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Gas_2.jpg\" alt=\"\" width=\"1200\" height=\"669\" srcset=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Gas_2.jpg 1200w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Gas_2-300x167.jpg 300w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Gas_2-1024x571.jpg 1024w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Gas_2-50x28.jpg 50w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>Again, gas fees vary dramatically, but at the time of recording this video when I created my first NFT, each of my gas fees cost me around $60 USD \u2014 so about $120 total cost. Plus there were some fees for exchanging currency \u2014 so upfront costs around $135.<\/p>\n<h2 id=\"promote\">8. Promote on social platforms<\/h2>\n<p>Your piece is out in the world, but its time to let the world know about it. You need to promote your artwork. Share it on social media, let your audience know, and consider being more active on Twitter. At the moment it seems that NFT collectors are most active on Twitter, and this is where you can begin to network. Also, there are a lot of active discussion groups on <a href=\"https:\/\/www.joinclubhouse.com\/\">Clubhouse<\/a> with both collectors and artists.<\/p>\n<p>Furthermore, many NFT marketplaces (including Foundation) have their own <a href=\"https:\/\/discord.com\/\">Discord channels<\/a>, which is fundamentally a group chat platform for sharing a wide range of content. You can join the conversation to meet collectors, share your work, have conversations, and just create a general buzz.<\/p>\n<h2 id=\"wait\">9. Wait for bids<\/h2>\n<p>It took a lot to get to here, but now you are waiting for bids. You\u2019ll want to keep promoting your work and try to not bite off all your fingernails waiting for your first sale. Some pieces may sell instantly, and others may never sell.<\/p>\n<p>In the end, it is a gamble to some extent, and you may have some piece you love never gain the love of a collector. Or, all of a sudden three weeks later, it will suddenly sell.<\/p>\n<p>My first piece received its first bid within 20 minutes of me listing the piece, and then didn\u2019t receive another bid over the 24-hour auction period set by Foundation. It can be totally unpredictable, but still super rewarding to sell your first piece.<\/p>\n<p>To see the piece, check it out <a href=\"https:\/\/foundation.app\/lindsayadler\/blossom-15166\">here<\/a>.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-69510\" src=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/SOld.jpg\" alt=\"\" width=\"1200\" height=\"1133\" srcset=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/SOld.jpg 1200w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/SOld-300x283.jpg 300w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/SOld-1024x967.jpg 1024w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/SOld-50x47.jpg 50w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<h2 id=\"receive\">10. Receive payment after sale<\/h2>\n<p>Alright, step 10, your piece has finally sold! Your work caught someone\u2019s attention and they bought the piece at or above your reserve price. You can see here I set my reserve price to 1 ETH, at the time around $1,600 USD.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-69491\" src=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Fee.jpg\" alt=\"\" width=\"1176\" height=\"1200\" srcset=\"https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Fee.jpg 1176w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Fee-294x300.jpg 294w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Fee-1004x1024.jpg 1004w, https:\/\/www.adorama.com\/alc\/wp-content\/uploads\/2021\/04\/Fee-50x50.jpg 50w\" sizes=\"auto, (max-width: 1176px) 100vw, 1176px\" \/><\/p>\n<p>When the piece is sold the money is immediately transferred into my wallet, minus a transaction fee from the platform.<\/p>\n<p>Now, I can choose to use that money to mint another piece, buy someone else\u2019s NFT, or let the Ethereum sit there and hopefully gain value. Or, of course, I can trade the earnings back to US dollars.<\/p>\n<h3>Conclusion:<\/h3>\n<p>There it is \u2014 your 10-step process to mint, sell, and make money from your first NFT. Before we wrap things up, I did want to encourage you to continue to do your own research on this topic. Don\u2019t just stop with this video and article.<\/p>\n<p>First, in this &#8220;futuristic world&#8221; of NFTs, technology is constantly changing. Some of these elements may shift around depending on the time, advancements in the tech, and even community standards. For example, there has even been some talk about drastically reducing or eliminating gas fees. Who knows in a few months&#8217; time that may be a different step in the process altogether.<\/p>\n<p>You\u2019ll also need to do research on the specific marketplace or platform you choose. There are different rules on editions, royalties, and when gas fees are paid.<\/p>\n<p>Next, you\u2019ll want to look into other ethical elements of NFTs. People raise concerns about intellectual property, environmental concerns, and equitability. You may be confused about something digital having a significant environmental impact. However, all of this technology around NFTs actually takes a great number of computers and processing, all of which consumes energy. In fact, some <a href=\"https:\/\/www.wired.com\/story\/nfts-hot-effect-earth-climate\/\">research<\/a> suggests the environmental impact can be quite significant, so do your research to understand these potentially negative impacts of your art.<\/p>\n<p>Lastly, you\u2019ll want to look into other developments in the capabilities of NFTs. For example, as an artist you can provide &#8220;unlockable content&#8221; only available to the owner of the piece. You could provide high res files, contact info for physical items, access keys to other bonuses, and more. It can be fun to think of the possibilities.<\/p>\n<p>Now you are equipped with the knowledge you need to create, mint, list, and sell your first NFT. Be sure to stay tuned for my next video on my personal experience selling my first NFT and then then best practices I\u2019ve learned from other photographers who are finding success with NFTs.<\/p>\n<p><em>Feature photo by <a href=\"https:\/\/unsplash.com\/@taniamousinho?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText\">Tania Mousinho<\/a> on <a href=\"https:\/\/unsplash.com\/?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText\">Unsplash<\/a> <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Perhaps you\u2019ve heard that you can now sell your photographs online as limited edition art with something called non-fungible tokens, or NFTs. It\u2019s an exciting time as we move into the future of art, but it also means that the process may involve new and somewhat complicated processes. In this article I\u2019m going to teach [&hellip;]<\/p>\n","protected":false},"author":11111143,"featured_media":69512,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[17772,639,645,17770,646],"tags":[17516,206],"class_list":["post-69482","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-become-photographer","category-how-to","category-photography-645","category-photography","category-tech","tag-nft","tag-photography-206"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NFT 101 for Photographers Part 2: Creating Your First NFT in 10 Steps<\/title>\n<meta name=\"description\" content=\"Perhaps you\u2019ve heard that you can now sell your photographs online as limited edition art with something called non-fungible tokens, or NFTs. 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