Are you looking for information on how to sell NFT art? Well, you have come to the right place. Art is a powerful and compelling form of expression, and as such, it is not surprising that there has been a great deal of interest in the burgeoning and rapidly expanding Non-Fungible Token (NFT) art market.
This article will discuss the ins and outs of where to buy NFTs, how to sell them securely online in Crypto Collectibles Marketplaces, as well as tips for finding buyers for your artwork on these platforms. Read on!
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First: What are NFTs?
Before we look at how to sell crypto art in detail, it is important to understand what NFTs are. There are so many crypto terms that it is normal you get a bit lost.
Basically, NFTs are digital assets that are unique, verifiable, and immutable. Each NFT is built on top of the Ethereum blockchain as a smart contract that allows a user to define an object in a specific way known as a “token interface” or ERC-20 token standard.
When using this method each asset becomes its own class with data fields and functions that allow for ownership verification, transferrable trustless trading, and decentralized record-keeping all within the secure confines of the Ethereum network.
NFTs can be used to represent items such as Cryptokitties, Spells of Genesis cards from Everdreamsoft, stickers from Decentraland, CryptoPunks from OpenSea, and more!
In addition to being used as digital assets in games like Cryptokitties, many artists have begun using them for artistic expression and self-expression. You can check our article about crypto art here. Interested in NFTs, but need more information? Read What Is NFT Art: Everything You Need To Know to learn everything you need about NFTs!
Where to Sell NFTs
You cannot understand how to sell art as NFT if you don’t know where you can sell it. There are some places online that work as marketplaces for NFT art.
So, without further ado, below are some of the most popular NFT marketplaces you should know.
1. NiftyGateway
This is one of the most popular Crypto Collectible marketplaces online. It is a secure and decentralized platform for recording NFT transactions on Ethereum, so you can feel confident about transacting with this site.
The reason why you should consider selling NFT art in this marketplace is because of its straightforward user interface and “one-click” sales. Additionally, users have the option to transact using a variety of different cryptocurrencies.
2. OpenSea
With millions of users, OpenSea has become one of the most popular online marketplaces for crypto-collectibles, NFTs, and other digital assets. Thousands of people search how to sell NFT on Opensea every day, making it one of the most sought-after marketplaces.
It allows you to easily buy, sell or exchange crypto goods using a variety of cryptocurrencies including Ethereum, Bitcoin Cash (BCH), Litecoin (LTC), and others. You can also use fiat currencies like USD or Euro if your business accepts them as payment methods.
OpenSea is also a great place to sell NFTs because of the fact that it has been around for several years. This means it’s a reputable and safe place for you to conduct your business.
This platform offers artists an item minting tool that allows them to create and sell NFTs with relative ease.
3. SuperRare
Another great place to sell NFTs is through SuperRare. Through this platform, artists can design, distribute, price, and manage their assets in one location without having to deal with any intermediaries or third parties, all while keeping complete ownership of the art at all times. Additionally, this marketplace has a built-in auction system so you’ll be able to discover new buyers for your artwork easily!
When you sell your artwork through SuperRare on a primary sale, you will get 85% of what the buyer pays for your artwork. This is one of the highest payout rates in the industry.
4. Foundation
This is a community-curated playground for collectors, artists, and curators. Foundation is perfect for those who are looking to buy or sell unique artworks that can’t be found elsewhere!
Sellers must pay a small fee of 0.01 ETH in order to post their first piece of artwork on Foundation. After this initial payment you will have access to free listings without any costs attached – just keep the blockchain networks running and enjoy your work being shown off by others!
This is one of the few NFT marketplaces that takes a creator-first, community-led approach. This means that it allows artists to invite other artists to sell their artwork on the same marketplace.
5. Rarible
This is another great place to sell NFTs. This marketplace allows artists of all kinds to buy, sell, and trade their own digital assets on the Ethereum blockchain through its decentralized peer-to-peer system.
One of the main reasons why you should choose Rarible is because it has a built-in messaging system. This system lets buyers easily communicate with sellers during auctions or direct sales which will lead to an easier transaction process overall!
When selling on this site, you can choose to be paid in a variety of cryptocurrencies, including Ethereum. You can get as high as 90% of what the buyer pays for your artwork. This is one of the highest payouts that you’ll find when selling crypto art online!
6. MakersPlace
MakersPlace is an online digital art marketplace for all kinds of visual artists around the world. This platform allows you to sell your artwork, collaborate with others, and even trade it using cryptocurrency payments.
When selling on MakersPlace, you have the option to transact either in fiat currencies or cryptocurrencies! This marketplace also lets you set your own prices for each piece of art that you sell.
Additionally, MakersPlace features a built-in chat system so buyers can easily communicate with sellers to work out payment details or other aspects related to the transaction process itself!
What makes MakersPlace great is the fact that it offers some of the highest commissions in the industry. When selling art on this platform, you can get up to 95% for your artwork! This incredible payout rate makes it one of your go-to marketplaces when you need to sell NFTs quickly and easily.
7. NFT Showroom
When you are looking for information on how to sell digital art NFT, NFT Showroom is one of the marketplaces you will come across. It is a great platform that allows artists to buy and sell their own digital artworks.
One of the main benefits associated with NFT Showroom is that it lets you set your own prices for each artwork you want to put up! You can make as low as $0.05 or even as high as $25,000 per unit if desired. Sellers also have the chance to choose how they receive payment – either in a variety of cryptocurrencies or fiat currencies. When selling through this marketplace, sellers can get as high as 90% payout on every transaction once it has been completed successfully!
How To Sell NFT Art
Now that you know how to sell NFT art, you need to know how to sell it. Below is a step by step guide that will help you make an informed decision:
Step 1: Create a Web3 Wallet
Since NFTs are based on blockchain technology, you need a wallet to store, send, and receive them. Choosing a secure, reliable wallet is the most important thing you need to do before selling NFTs! There are many wallets available, but you need to ensure the one you choose is compatible with the platform you want to sell on. Some of the best NFT wallets include Metamask, AlphaWallet, Enjin, and Tezro.
Step 2: Fund The Wallet with ETH
After you have chosen the wallet, you need to fund it with Ethereum. If you don’t have ETH, you can buy from a cryptocurrency exchange or broker. Make sure you have enough ETH to cover the fees of your chosen marketplace.
Step 3: Prepare Your Artwork
After you have created and funded your wallet, it is time to prepare the artwork. You need to choose which NFTs or a combination of them that you want to sell on your chosen marketplace platform(s) from your collection. Make sure they are cleaned up and ready for display – be as creative as possible!
Step 4: Submit Your Artwork
Once your artwork is ready, you can submit it to the marketplace of your choice. The process of submitting varies from platform to platform, but it generally includes the following steps:
– Creating an account
– Uploading your artwork
– Setting a price for each piece of art.
Step 5: Promote your Artwork
You cannot sell NFT art if no one knows about it. Promoting your work is essential in order to get buyers! You can promote your artwork by doing the following:
Sharing on social media: This is the best way to start promoting your art. This method works particularly well if you have a lot of followers and/or fans who will help spread the word without any additional effort on your part!
Posting in NFT communities: There are several online forums where artists share their work, such as Reddit’s NFT subreddit or Telegram groups made specifically for trading digital paintings. Just make sure that you don’t spam users with too many posts!
Collaborating: Collaborating is another great form of promoting because not only does it expose buyers to more artwork but allows them to see all available pieces at once by viewing an artist’s profile page. Try designing one piece based on a theme and then team up with another artist to complete the collection!
Start a thread on Reddit/Bitcointalk: The NFT community on Reddit is very welcoming to new contributors. Creating a thread about your work will put it in front of more users who can potentially buy or spread the word!
Key Takeaways
- NFTs are digital assets that are unique, verifiable, and immutable.
- They can be used to represent items such as Cryptokitties, Spells of Genesis cards and digital art.
- You can buy NFT art online in marketplaces using money or crypto.
- Check for reviews and find the most reputable marketplace to sell and buy art.
- You can also promote your art on social media, like Reddit, Bitcointalk or Twitter.
Final Thoughts
Now that you know how to sell NFT art, it’s up to you and your creativity! Make sure you have a plan, price your work accordingly, and promote it to spread the word.
Don’t forget to choose a great marketplace and wallet, so that you can streamline your experience of selling NFT art.
