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How to Create And Sell Your Own NFT: A Beginner’s Guide

By following this step-by-step guide, learn how to create your own NFT collection, how much it might cost and how you can sell it on the Magic Eden marketplace.
How to Create And Sell Your Own NFT: A Beginner’s Guide

You might not think you’re an artist, but the blockchain disagrees. Anyone, (yes, even you) can create their own NFTs. 

Just follow this step-by-step guide to learn how you can create and sell your own on Magic Eden. 

How to Make Your Own NFT, Step by Step 

First, you’ll need a crypto wallet. That’ll become your main companion during the lifecycle of your NFT - from the inception to the sale of your digital artwork.

Set Up a Compatible Wallet

Not all wallets are equal – You’ll need to find a crypto wallet compatible with NFT platforms.

You can choose from wallets such as Magic Eden Wallet, Metamask, Phantom, Coinbase, Trust Wallet and several others. 

Download the one that speaks to you, create a new wallet and write down your recovery phrase (and make sure to store it securely).

Fund Your Wallet

Creating NFTs comes at a cost. This is because you have to mint an NFT, which requires paying some transaction fees… and having funds in your wallet to do so. 

In some cases, like with the Magic Eden Wallet, you can do this by quickly buying the needed cryptocurrency directly from your wallet.

Connect Your Wallet to Magic Eden

Once your wallet is ready to roll, you need to connect it to an NFT marketplace like Magic Eden. Visit the website and click on ‘Connect Wallet’ in the top-right corner.

Choose your wallet provider and approve the connection request.

Access the Creator Hub

Click on ‘Mint’ in the top menu of the website and choose ‘Creator Dashboard’ from the dropdown menu.

This will take you to the Magic Eden Creator Hub where you’ll just need to sign up with your email.

Create Your NFT

This is where your artistic idea begins to take its NFT shape. 

Choose the name for your collection and its symbol, such as ‘super_nft_collection’.

Next up is a bit of simple paperwork: fill in the listing details, such as the collection description, upload the profile image, select needed categories and add your X account (you’ll need to have at least 100 followers). 

If you want, you can also provide links to your other social networks and/or your website.

Choose Your Preferred Network

Now you need to pick a home for your NFT. Magic Eden supports multiple chains, including Bitcoin, Ethereum, Solana and Base.

Mint the NFT

When you mint your first NFT collection, you’re uploading your art on the blockchain. 

Confirm the details of your NFT on the minting screen and then approve the transaction through your wallet.

Verify Your NFT

After minting, confirm that your NFT appears in your wallet and on the NFT platform. In this case, the platform would be Magic Eden.

You can verify your NFT by moving onto the ‘My Collection’ section on Magic Eden. Another way to verify your NFT is with the blockchain explorer (e.g., Solscan for Solana) to verify its presence on the blockchain.

Also, remember that each blockchain network charges a transaction fee. It might vary from less than a dollar to several USD, or more, depending on the network's activity and which chain you’re on. For example, minting on Ethereum will likely be more expensive than on Solana or Base.

So to cover your bases, always make sure your wallet has enough funds before you try to mint.

How to Sell Your NFT on Magic Eden

Once you’ve designed and minted your NFTs, you can now proudly show them to the world by listing them for sale on Magic Eden. Here’s how self-listing your NFT collection on Magic Eden works.

List the NFT for Sale   

Navigate to your NFTs in the ‘My Collection’ section, click ‘List for Sale’ and choose your favorite pricing model.

Choose a Pricing Model

You can sell your NFTs in two ways:

  • Fixed Price: Set a specific price for your NFT.
  • Auction: Allow buyers to bid on your NFT. 

Add any Promotional Details

Increase your NFT collection’s visibility by adding a description and including hashtags and tags for categories.  Magic Eden supports NFT marketplaces on a variety of chains, including Ethereum, Solana, Base, and Bitcoin Ordinals marketplace.

Apply to List Your NFTs on the Magic Eden Mint Terminal

You can apply to have your NFTs listed on the Magic Eden Mint Terminal for better visibility. This gives you a verified badge, ultimately increasing user trust and bringing your art to a larger audience. You just need to take two simple steps:

  1. Fill out the Mint Terminal application on Magic Eden.
  2. Submit a description of your project, team and vision.

It’s official – you’ve brought your digital art to one of the largest NFT communities in the world. Now you can sit back, relax and wait for your first buyer. Fingers crossed, right? 

Connect your wallet to Magic Eden to create and mint your first NFT.

FAQs

How do I make an NFT?

Once you have your digital art that you want to turn into an NFT (or a whole collection of them), you’ll need to find an NFT platform that allows you to upload (or mint) your art on-chain. Magic Eden is a great option with a user-friendly process, allowing you to upload your art on a variety of different chains.

How do I sell my NFT collection?

To sell your NFT collection, you can list it on a popular marketplace like Magic Eden, where buyers can discover your work. Use pricing models such as fixed prices or auctions and provide detailed descriptions to attract attention. For better visibility, you can apply for verification or feature your collection on the platform’s Mint Terminal.

How much does it cost to create an NFT?

The cost of creating an NFT depends on the blockchain you want to mint on and how busy that network is at that moment. Costs can vary from less than a dollar to several dollars and much more. Some blockchains are also cheaper than others. For example, Solana and Base are likely to be cheaper than Ethereum. 

How to create and sell an NFT for free?

Usually, there’s no way to create an NFT for free unless an NFT platform runs a special program that covers all the fees. When creating an NFT, you’ll need to pay a transaction fee that is applied by the network where you’re minting. To keep costs down, you can look for the cheapest network and wait for times when it’s the least busy. 

Is creating your own NFT profitable?

The profitability of creating your own NFT largely depends on the quality and uniqueness of your artwork, in addition to how you market it and what the actual market trends are. The market has seen many successful NFT collections that found their place in the wallets of thousands of buyers.

The information provided on this website is provided for general educational purposes only and is in no way financial or investment advice. Certain information may have also been provided to us or prepared by third parties; these materials are provided for convenience and are not an endorsement by Magic Eden. Magic Eden is not liable for any errors, changes or amendments to such information, including any actions taken in reliance on such information.

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