What is NFT?

What is NFT?


How can you create digital art without having to sell it? You might say that crypto is a good place to start, but we have a different idea. A cryptocurrency is a way of trading something, usually a commodity, for some other thing of value. We use this technology to buy things online or when we need them. The most popular platform is Ethereum and now there are others like BTC and IOTX that allow us to make money with digital assets. Let’s take an example of how to create NFT: a coin that can be digitally signed by users who send us their name and image. This means that any person can sign the coin and give us information about the name and then send the coin to anyone they want. Then, using our personal data, and all the info from everyone’s transactions that we receive, we get a fair price for what you’ve given us.


The biggest benefit of creating NFT coins is that you can do anything to an asset: you can write your own content on your wallet and just pay people to publish it. Or you can make your own game or art and ask people to mint crypto tokens for you and share it online. There are even more possibilities with ownership of specific pieces of art, i.e., individual artworks by a certain artist from different periods in history. It sounds great and allows me to think about where I could put my artwork at the same time as another piece of artwork is being added into the world. To some extent you could even go so far as making your own game where players would be able to collect the item you are thinking about and play them together. But then again, you could also just use your own likeness as you create your items. So where does the creative part come in? Well, let’s find out! For now we will create a video that shows 4 ways to earn crypto:


How to Create an Artwork:


First up is a very simple method, but one that many first-time creators of digital art have used successfully. You don’t really have to have any skills to create art. Basically, you will need:


Your favorite type of media (i.e.: images, photos)


A bit of creativity (this involves drawing, writing, and coloring)


Some basic math knowledge (this includes understanding vectors)


That’s it! Now you can easily create two pieces of art at once. One piece will show the process:


Let’s draw a picture for each technique we’re going to use here.


You’ll notice we haven’t started yet. That’s because we’re building each piece from top top to bottom. Next up is the next part, which comes after creating the artworks, if you will — creating them.


Here are three examples of a traditional NFT work flow:


Creating Artworks



The second job is a little bit more complex. First, make sure you know what you are working on. If your project is not based around an art form, start small and build towards it as best you can. I often start with creating 2–3 artworks first. Not only am I less likely to overshoot if I’m learning too much in one area, but I’m also less likely to get frustrated and quit before I’ve built everything down the line. When you create for a long period of time, it’s easy to lose focus on a single art form. This is why it can be a good idea to create multiple kinds of artworks at once. Don’t worry about perfection here! Just start somewhere and see what happens.


Next up, creating artworks is easier. Once you have a few pieces of art, start focusing on one particular part (this could be your voice) and continue creating other parts of it from there. You will build up a lot more confidence from creating for a while, especially when it gets harder.


Creating Tokens


The third step is to create tokens! In this day and age, it’s pretty easy to create anything you could imagine. All that is required is a clever algorithm and some knowledge of cryptography.


Here’s another trick to creating token holders: you will create an escrow account so that you can transfer any sort of cryptocurrencies you want to use and send them out whenever. Your escrow account is actually your bank account where you set up the amount of assets in each wallet. However, since you have the ability to transfer any kind of currency, it’s easy to convert your escrow account in one of the other currencies available.


The reason we created these 3 pieces is because we wanted you to understand the importance and potential of creating a digital identity, specifically for artists like myself. With these techniques, you can quickly start creating your own avatar in a matter of minutes, in one of your favorite types of media. And it doesn’t cost you anything to start! All you have to do is add all these techniques and begin to create your own avatar!

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