Summary

Non-fungible tokens (NFTs) can digitally represent almost anything, including videos, event tickets, virtual properties, and more. Still, the most prominent use case for NFTs is digital art. With many marketplaces opening their doors to aspiring artists listing their works for sale, the number of people interested in becoming NFT artists is growing. If you’d like to learn how to digitize and monetize your personal artwork and hopefully become an NFT artist on a platform like Binance NFT Market, here are some of our suggestions.

Introduction

NFT belongs to a unique digital asset class that can represent a variety of digital or physical items. Each NFT has an easily identifiable unique token ID. Unlike Bitcoin and other fungible assets, non-fungible NFTs cannot be exchanged with each other.

Thanks to the characteristics of NFT, artists can make profits by creating and selling NFT artworks. In addition to being able to easily establish proof of ownership and authenticity, artists can easily earn royalties from NFTs without the involvement of an agency or broker.

What is NFT art?

In short, NFT art refers to artwork in the form of digital tokens created on a blockchain network. These tokens are called "non-fungible tokens" or "NFTs." NFTs are typically created using smart contracts that meet specific standards. One of the most common standards is Ethereum’s ERC-721. The standard stipulates that all tokens must have a unique token ID to ensure their non-fungible properties.

NFT has non-fungible characteristics, so it can represent the ownership of digital artworks and give economic value to digital artworks. In real life, we often see art forgery scandals that shock the world. NFT art can protect artists from the pain of art forgery. Through blockchain technology, artists can easily prove that they are the creators of specific artworks.

There are many types of NFT in today’s cryptocurrency market, the most common of which is NFT art. You may have heard of Beeple, a well-known NFT artist. His NFT artwork made a huge profit of US$69 million, causing an uproar in the art world. Grimes, a multi-talented artist, has reportedly sold $6 million in digital works in the form of NFTs. In fact, at NFT auctions similar to traditional artworks, NFT artworks can be sold for millions per piece.

Why do people desire to become NFT artists?

NFT art is presented in digital form, and artists’ creative exhibitions are no longer limited to physical venues such as museums and art galleries; To every corner of the world. In this way, the artist's work can transcend geographical boundaries and gain worldwide recognition.

NFT art creation is an innovative modern art form. Another important reason for choosing this method is that its authenticity can be easily verified. Each NFT artwork has a unique ID, and the blockchain is immutable, so the ownership and authenticity of all artworks are preserved.

Another good news for NFT artists is that their art works can be exhibited and sold without going through any third party. , to avoid middlemen charging fees and misappropriating the proceeds from their works.

Binance NFT market and others provide artists with a platform to earn passive income such as copyright fees. This means that NFT creators can get part of the revenue from every NFT sale, or even transactions between secondary market users.

Finally, the beauty of the NFT art world is that everyone can create and sell works. Unlike traditional art galleries, many NFT marketplaces are inclusive. Such an environment can give budding artists the opportunity to develop independently and encourage them to make a living from what they love.

Disadvantages of becoming an NFT artist

Although Popularity is growing, but NFTs have yet to become a mainstream art form. This format is still in its early stages. Even established NFT artists find it difficult to quickly meet loyal buyers like traditional buyers in art galleries.

In addition, compared with the carefully selected works of art by boutique art galleries, NFT creators abound and plan to sell their own works of art. The market can easily become saturated. To successfully become an NFT artist, you need to build a good fan base and give value to your artistic works. Please read our blog "How to Become a Creator in the Web3 Field" to get more practical information on self-marketing of NFT creation.

How to become an NFT artist

Easily start your NFT art journey:

Step 1:Start creating your artwork. Creators can draw inspiration from other NFT art collections.

Step 2:Go to platforms such as Binance NFT Market to upload your personal digital artwork to the blockchain.

Step 3: Everything is ready to start selling your own NFT artwork.

Mint and sell NFT art on Binance NFT Market

Certified users can create a single NFT or a series of NFTs through minting on the Binance Market. Please note that the creator needs to have at least 2 followers on their Binance NFT user profile before minting can begin.

Step 1: Log in to your personal account in the Binance NFT market and click [Create].

Step 2:Enter the details of the new series, including series name, brief description, logo, Banner images and symbols. Creators can also choose to bind their wallets and personal artworks to prove ownership of their works in the NFT market.

Step 3: Read and agree to the Binance NFT Minting Rules and Terms of Service, and click [Create].

For more information, please review the sales settlement delay policy of Binance NFT Standard Series.

Step 4: Once the minting is complete, the creator will receive an email notification.

Step 5: To view your own NFT art series, please go to[ User Center] - [Create]. Some details of the series can also be edited here.

For a detailed guide or video tutorial, please visit "How to Create Your Own NFT on Binance NFT Market FAQ" .

Summary

If you plan to make money with art, you can consider converting your personal works into NFTs. Not only can creators easily convert their works in the Binance NFT market, but they also have the opportunity to rise from obscurity to emerging in the NFT art world.

Risk Tip: Digital asset prices are subject to high market risks and price fluctuations. The value of personal investments goes up and down and the principal invested may not be recovered. Investors are solely responsible for their own investment decisions. Binance is not responsible for any losses suffered by individuals. Past performance is not a reliable indicator of future performance. Investors should only invest in products they are familiar with and understand the risks involved. Investors should carefully consider their personal investment experience, financial situation, investment objectives and risk tolerance. Please consult an independent financial advisor before investing. This article should not be considered financial advice. For more information, please review our Terms of Use and Risk Warning.