How to Sell an NFT
Frequently Asked Questions
Yes. Most NFT marketplaces pay royalties on NFTs that are resold on secondary marketplaces. Whereas most platforms tend to pay royalties up to around 10% (e.g. OpenSea, Superrare, Rarible), some of them (e.g. Nifty Gateway) allow sellers to set their own royalty rates.
Yes. You can earn money selling NFTs of digital items, such as digital art, collectibles, articles, books, animations, gifs, 3D models, etc., by selling them on a number of different marketplaces. Basically, anything that can be digitized can also be tokenized (i.e. converted into an NFT).
The cost of creating NFTs varies greatly depending on the platform on which they are being minted. It is also possible to create NFTs for free on Mintable, which charges minting fees only once the purchase of an NFT has been confirmed. For a detailed comparison of how much NFT marketplaces charge for minting NFTs, feel free to read our guide to the Best NFT Marketplaces on the internet right now.
The most popular NFTs at the moment (2021) are short 3D animations and gifs, extremely rare digital collectibles (such as trading cards) and digitized historical moments (such as those sold on NBA Top Shot). Another type of NFT that is just beginning to become very popular is tokenized music, i.e. NFTs of music tracks.
The best way to get your NFT art noticed is to post it frequently and actively on as many social media platforms as possible. Twitter, Instagram, Facebook, Linkedin and other forms of social media, such as Youtube, can all be leveraged to promote your NFT art.
You can upload your NFT to any number of NFT marketplaces, such as OpenSea, Mintable and Rarible. For a detailed guide on how to do this, feel free to read our dedicated article on how to make and upload NFTs.
No. NFTs can only be transacted on blockchains that support smart contracts, e.g. Ethereum, WAX, etc. Bitcoin is a simpler blockchain technology that does not have this functionality.