Non-exchangeable tokens (NFTs) are currently raging, and artists are making money into their hands. Some NFT works of art, such as Jones ’Bitcoin Angel, are gone millions of dollars, and there are no signs of a slowdown in this hot market.
But what are NFTs and why is an NFT-based work of art worth so much money to collectors? Is there a way to create and sell your own NFT masterpiece? Well, this is the latest hot cake coming out of the blockchain oven, and most importantly, it’s not too late to get into it!
What is NFT Art?
NFT’s digital artwork can be almost what your heart desires. Whether it’s a vintage Ford Mustang sitting in your driveway, a song you’ve written with a friend, a picture of your cat, or a meme you’ve created – it can all become an NFT.
An NFT is simply a mark stored in a blockchain that confirms ownership of a particular object or work of art. You can turn Mona Lisa into an NFT if you really want to, but you have to own it first.
Anyone on the planet can create an NFT from anything you can think of. With a little knowledge and skills, they can then list it in a market, for example The main and sell it, hopefully by making their reputation and assets in the process.
Why are NFTs so popular?
NFTs have been around for a long time, but they are still closed. Why? Because there were no marketplaces related to the purchase and sale of NFTs. Now, these marketplaces are rising everywhere, and of course everyone wants to jump into NFT’s cash production.
Mike Winkelmann, alias Beeple, sold one NFT for $ 69.3 million, when he became 3rd the richest living artist. Imagine you don’t want to reach your earning potential. Plus, Beeple sets his NFT so he gets a 10% cut every time his artwork changes owners!
How to make an NFT work of art?
Making an NFT is much simpler than you might think. Let’s take 8biticon pixel avatar maker for example. First, you can get very creative by making your own 8-bit Avatar and when you’re done, turn it into an NFT and earn passive income by holding on to it!
8-bit avatars with which you design 8biticon.com, consist of unique objects. Each of these properties operates as a separate entity, so it has its own market value, which increases with each new purchase in the community.
In other words, every time another user hits an 8-bit Avatar with items you’ve used to create a pixel character, you get a cut from it. Suppose you put a fancy wool pink hat on an avatar that is joining your NFT collection and beats it. Every time someone else puts a pink wool hat on their avatar, you will be rewarded with a share of what the other pays for it! Think Beeplen 10%, but better. Alternatively, you can list your unique NFT artwork for sale on the NFT Marketplace and sell it for instant cash!
What are the benefits of buying and selling NFT?
Cryptography Buying an NFT gives you the right to a particular work of art or object. A record of your ownership will be stored in the chain forever, making authentication incredibly easy. For artists, selling NFT discs is another great way to bring your creations to the fore. It’s an opportunity to improve your profile and get more eyeballs for your work, and who knows, maybe you’ll be able to earn your fortune in the NFT art world like Trevor Jones made!
The price charts behind the NFT are fairly straightforward. People see non-convertible tokens as a vehicle to store value, and that’s why NFTs don’t usually lower the price. Instead, naturally, in the seed stage market, values tend to grow, followed by the logic that if one is willing to pay X the amount of money for a work of art, so should the rest of the art community.
100% unique characters created through the 8-bit pixel creator
Make your own NFT today!
How to make a work of art NFT? Creating your own NFT takes a few seconds and is a fun process. Click and select the different elements available at 8biticon and customize your character. Then you just hit it and decide if it’s a continuous prize or a one-time success sale. Alternatively, you can choose your item based on what you think is popular. Doing this will allow you to earn more passive income as more and more people use your products in the future.
The possibilities are endless and NFTs are simple!
If you’re not sure how to create NFT art, you can drop an email from the 8biticon team and they’ll do their best to help you and answer all your questions!