How to sell Your NFT Art on OpenSea – 2022

NFTs have been a cultural phenomenon throughout 2021, making headlines in the form of celebrities in space, and leading to fraud, conspiracy, and legal disputes. Although some manufacturers have created millions of NFTs, it is understandable why you want to try your hand at them or get involved with technology to get a better sense of it.

We will move on to how to build NFTs using two of the most popular markets, but before we get to that point, let’s take a look at what NFT is and what you need to know before you decide. Understand what decisions are needed. do it. A sale. (If you go relatively fast, you can go through 3 steps to start your brand-building journey.)

Why do people buy NFTs?

There are many reasons why people buy NFTs. Most important because they want to invest in new, speculative, and highly volatile assets. The NFTs market exploded in 2021, and many collections such as Crypto Punk or Board App Yacht Club saw a huge increase in their rankings.

However, in addition to speculating on their future prices, some investors prefer to buy NFTs as digital art. As the world moves towards a digital future where most of our conversations and time are spent online and with the idea of accelerating metaverse, more and more people are looking for the rare true digital art. They want to become masters.

Others can buy NFTs as a gift for someone they know will appreciate, and so on. The reasons are varied but the fact is that the market is huge and cannot be ignored.

Now, let’s see how to buy NFTs in OpenSea.

Get a wallet and fund it

To buy NFTs you need a digital wallet with funds. In OpenSea, the currency you will use to buy Ether (ETH). In this guide, we will use Metamask, the most popular web wallet for NFTs.

Important: If this is your first time setting up a wallet, be aware of fraud and double-check that you’ve visited the correct website URL, and read here for more safety tips.

If you haven’t already installed Vault, go to metamask.io and get it as an extension for your web browser and link it to OpenSea. To do this go to OpenSea go to the top left bar and click on Profile. You will be taken to a new page where you will be asked to add your wallet. Choose metamask.

Give OpenSea all the necessary permissions to access your wallet and sign the signature request. Once installed, you are ready to view the collection of NFTs available in the OpenSea Marketplace. If you don’t have an ETH, go to your MetaMask wallet and click “Buy” – you can deposit cryptocurrencies directly or use a debit/credit card.

Add your wallet

After setting up your wallet, you need to connect it to the NFT marketplace that you intend to use. OpenSea and Raible make it easy – clicking the Create button at the top right indicates you’ve added your wallet. You will then be shown a list of synced wallets, and you will be asked to make your choice to continue the connection process.

If you have the Metamask or Coinbase extension installed, you will see a popup asking if you want to attach your wallet, and this can be done with a few number of button clicks. If you use the Coinbase Wallet app, you can also connect to the market using the QR Code Scanner (which you can find in the main wallet screen to the right of your balance).

A word of warning for the future: Be aware that if you see your wallet attachment request when you least expect it, the scammer may try to gain access to your funds or NFTs. As long as you’re on a trusted site, you should generally look for deals (at least, unless something goes too wrong – make sure they’re kosher). But if an anonymous site asks you to contact your wallet, you should think twice before accepting.

Make sure you already have NFT that You want to sell it

If you have a vague idea that you want to do NFT because everyone seems to be doing it, then there are some ideas that you will focus on. The first is the large transfer fee. Although the platforms we cover today allow you to create free NFTs, selling them can be a different matter.

Most NFTs are sold on the Ethereum blockchain (we’ll look at that in the next section), and every transaction on the Ethereum blockchain pays miners a fee. This fee is called “gas” and the amount of gas you need to transport (and thus the cost of transportation) can vary widely. Everything you do in a blockchain, from sending NFTs to someone else to bidding for one purchase, will cost gas (although there are many ways to make NFTs). Will end.

It is also worth noting that gas payments do not give you a 100% guarantee that change will occur. You can pay a lot of money to give yourself a chance, but it’s never guaranteed. To be clear, most transitions are possible. However, even if that happens and your transfer is not completed, you will not receive the gas fee you paid.

Then there is the environmental aspect of NFTs. The most popular (and easy to use) NFT markets are often run by Ethereum Blockchain, which uses a powerful “work proof” system (you can read more about what this means here). Although there is an ongoing debate over whether selling NFTs individually has any impact on the overall use of blockchain energy, if your NFTs are built into Ethereum, you should use a large carbon footprint system.

Explore the OpenSea NFT Collection

Go to your OpenSea profile and click “Description”. There, you will find thousands of NFT recipes.

In the upper left, you can click “Indicators”, “Top”, “Art”, “Collectibles”, “Domain Name”, “Music”, “Photos”, “Sports” and “Business Cards”. Find your search with Can filter and “utility” and “virtual world”.

Enter NFT in OpenSea

After clicking the Create button, you will be taken to the Create New Item page. To get started, click on the box that contains the icon, which allows you to upload the file that you are selling as NFT (however, make sure that the file size Note and enter the above limits in the selector).

After adding your file, enter the name or address. You can also use external link fields to include URLs pointing to your website or Twitter account, and you can use detailed fields to tell potential customers what your NFT can do.

Under these fields, if you have one, you can specify a group for NFT, in addition to adding attributes, levels, or statistics that may initially serve as metadata. For example, if you sell an NFT that can act as a video game character, you will enter their information here. If you sell a piece of art, you can use the property panel to add information about it, such as median, year, and more. However, all of these areas are optional, so most people can ignore them.

OpenSea lets you add text that acts as anonymous content that can be viewed by NFT clients/owners. You can use this toggle field to add a personal rejected invitation link, code to open something on an external website, or just a thank you message to them for a purchase. If your NFT is NSFW in nature, you can also use switching for cleaning and sensitive materials.

After these tags and domains, there is a drop-down menu that you can use to decide which blockchain to use to secure your NFTs – Ethereum Chain or Polygon. You can see step 3 for more details on the pros and cons of each, but we go with Polygon for example, as there is currently no cost for them. If you work with polio, you will also have the option to make multiple copies of your NFT.

After selecting your blockchain, you want to re-verify everything. OpenSea allows you to change metadata later without having to offer it for sale, but it’s a good idea to make sure everything is charged before doing anything related to the blockchain. And remember that after the fact you will not be able to change the blockchain running NFT.

Once you’re done, you can click the Create button. Depending on the options you choose and the file you sell as NFT, it may take some time for things to load. Upon completion, you will see a screen indicating that your NFT has been created.

However, your NFT is not yet ready for sale on OpenSea – to do this you need to click on the congratulatory screen to go to your NFT page (you can do the same by clicking on your profile picture) Access), clicking. Create a tab and select NFT). The NFT page will have a cell button.

With NFTs listed in Ethereum or Polygon, you will have the option to create a fixed price list, and in Ethereum, you will also have the option to create a one-time auction. To get a fixed price list, just enter the quantity you want to sell the item (included in Ethereum, but this will give you an estimated amount of dollars below) and choose how much you want to have on the list.

Since NFT will be available for purchase once listed, you can only provide it to a specific customer using the Other Options drop-down menu.

To list your NFTs for sale, click the Complete Listing button. You will need to confirm or sign certain transactions with your wallet using your browser or app extension. At Polygon, transactions are free, and you will see a screen indicating that your item has been entered.

In Ethereum, if this is your first NFT, you’ll need a one-time approval transfer to “configure” your wallet, which we discussed above. To do this, you will need Ethereum in your wallet. Buying a cryptocurrency may be your thing, but here’s a guide to getting you started.

Funding for this transfer is for gas only, not for the OpenC fee, so the amount of cost depends on the current Ethereum gas fee. In my tests, I’ve seen a price range of around $ 240 to $ 450, so if it’s too high, you can wait for the price to drop – you can use a site like Ethereum Gas Station to Monitor transfer fees.

Original purchase

In this case, we take a model called the big fireball. Click “Buy Now” to proceed with the payment process. You will see NFT details like name, group, subtotal, and all. Click Confirm Exit. Next, OpenSea will load your metamask wallet.

Here you will see all the details of your purchase, such as the estimated cost of gas and shipping processing time.

You can change the gas fee by clicking Repair, but keep in mind that reducing the gas fee will significantly reduce the transfer speed. The best time to buy with a metamask is when the Ethereum network is little bit busy.

Check the EtherSim gas tracker in Etherscan for current gas charges. You can see the offered gas prices at ETHgasstation.

When you’re ready to purchase, press Confirm and wait for your purchase to be processed.

 

Conclusion

Buying and selling NFTs on OpenSea is not as difficult as you might think. However, keep in mind that there is a lot of fraud in this area, and prices can be very volatile.

It is not uncommon to see people losing their money at the hands of fraudsters or fraudsters. The NFT sector also faces fraudulent traders who in some groups will create fake trading volume to make them more attractive to investors.

In any case, it is important to note that this is a very young and largely unregulated market in most cases. It is therefore important to treat him similarly and take precautionary measures to protect his capital.

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