Are you thinking about minting your own NFT (non-fungible token)? Great choice! NFTs have taken…
If you’re a collector of physical art, you may have heard of non-fungible tokens (NFTs). NFTs allow you to turn your physical artwork into a digital asset that can be bought and sold on blockchain marketplaces. This can potentially increase the value of your artwork and open up new monetization opportunities. According to Fortunly, one in three American adults collects some type of physical item as a hobby or investment. Of that group, one in four engage with NFTs. If you’re ready to enter this market and are wondering how to turn physical art into NFT, here are three steps to consider.
Step 1: Choose an NFT marketplace
The first step in turning your physical art into NFT is choosing an NFT marketplace to list your artwork. Several popular NFT marketplaces exist, including OpenSea, SuperRare, and Nifty Gateway. Each marketplace has its own strengths and weaknesses, so it’s important to do your research and choose the best fit for your needs. Some factors to consider when choosing an NFT marketplace include the fees they charge, the level of community engagement, and the types of artwork that tend to sell well on the platform. You should also consider the level of support and guidance the marketplace offers, especially if you’re new to the world of NFTs.
Step 2: Digitize your artwork
The next step in turning your physical art into NFT is to digitize your artwork. This involves creating a digital representation of your artwork that can be uploaded to the NFT marketplace. There are several ways to do this, depending on your artwork type. You can use a scanner to create a high-quality digital image for two-dimensional artwork, such as paintings or drawings. You can use a 3D scanner to create a digital model for three-dimensional artwork, such as sculptures. You can also take photographs or videos of your artwork to create a digital representation.
Step 3: Mint your NFT
The final step in how to turn physical art into NFT is to mint it. Minting creates a unique digital asset on the blockchain representing your artwork. When you mint your NFT, you typically pay a fee to the NFT marketplace. When minting your NFT, you must provide information about the artwork, such as its title, description, and any other relevant details. You will also need to set a price for your NFT, which will determine how much it can be bought and sold on the marketplace.
Ready to turn your physical art into NFT? Contact us at A.A. Fine Art today. We can help guide you through the process with expertise.