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How to get started with NFTs?

March 29, 2023
Glossary
How to get started with NFTs?

The recent boom of NFTs surely has drawn a lot of attention, and as you may already know, NFTs are a new type of crypto asset that can be used to link digital content to the blockchain thus making it unique. This crypto phenomenon has huge implications for sectors like digital art. Thanks to NFTs digital creations have now found a way to become real-world assets that can be monetized. You may be wondering How to get started with NFTs, so keep on reading, this article will discuss the steps you need to take to start with NFTs.

How to get started with NFTs: Creating and selling

First, Do you want to create NFTs or become a collector?. If it is the first, find something that is worth minting NFTs out of, or better yet, find a sector of interest and potential. Some popular sectors for NFTs are digital art, gaming, lifestyle and brands, and music among others. There is value and opportunities to exploit in all of these sectors.

Once you have a valuable digital asset to sell, it is time to create your NFTs. Start by choosing one of the many marketplaces available such as OpenSea, Rarible, or foundation. Of course, if you are an artist with a passion for sports, at StadioPlus, we want to hear from you and your work. These platforms will allow you to create NFTs in just a few steps. In summary, you need to connect a funded crypto wallet to your marketplace account and upload your file. The NFT will be minted into the blockchain, and then, you can decide how you will be selling your NFT, timed auction, or fixed price.

How to get started with NFTs: investing on NFTs

If you are into digital art, NFTs are a great way to invest in unique art pieces. Look for artists that have defined a certain style and a trajectory as an artist. If the artist is committed to their work and has an art project that is ongoing, the art piece you purchase is more likely to gain value later. Renowned NFT artists are expensive, and it might be better to look for potential than shooting for a masterpiece by a top NFT creator. Also, if you are a collector of a certain style and work, you may decide to overlook the price at some point. In short, pick something that you like and are willing to hold on to for a long time. 

If you have an eye for other types of crypto assets like music or an item within a video game, make sure you do your research before investing. In gaming, for example, NFTs are all about adding value to players. As gamers can now have ownership rights over certain items or equipment they can use within games and across different video games. Items can also be exchanged with other players through cryptocurrency.

If you still have any questions on How to get started with NFTs, don´t hesitate to visit us at StadioPlus. We´ll be glad to answer your questions and welcome you into our community.