Here is your step by step guide to selling your first NFT. I’ve written this guide for those of us that are non techies, non geeks or nerds. I wanted it to be simple, easy and something your grandma could understand. Before you zoom off, here are the essential things that you will need.
You will need: Your image, A Digital Wallet, Ethereum as the Crypto currency on that wallet & An NFT marketplace to sell your 1st Tweet NFT.
Step1. You will need a Digital Crypto Wallet. I recommend the Coinbase Wallet (iOS and Android) Its free & Its what I have. Its secure, easy to use & best bit it fully integrates with the NFT market place later on. To create your Wallet wont take long. Its pretty much the ususal set up stuff. Thats step1 Done..
Step2. You now need to get Ether or Ethereum into your Coinbase Wallet. That is the Crypto currency that you will need to do all your NFT stuff. I used Coinbase Its an exchange where you change your ££ or $$$ into Crypto Currency. It has a website Coinbase or an App. I have the App. You will need to set up that account, and connect your Bank Account to the App. It may well take you 15-20 Mins to do this.
Once set up, you go to the Coinbase Exchange and you will exchange your ££ or $$$ into Ethereum. Its easy on the App. Hit the blue button at the bottom with the two arrows on. Then hit the Buy Crypto Tab. Select the Crypto you want to buy (Ethereum) ETH and then Select how much. I would suggest $50 or $100.
Why have I sugested these amounts. Everything you do on a Blockchain will cost you little bits of Crypto. It can add up. It can also add up to keep exchanging your £££ or $$$ for Crypto. So, do it in one go. You may need to confirm with your bank the transaction. Go back to the App, and the ETH or Etherem will now be in your account.
You never ever want to leave Crypto on an exchange. You need to transfer it to your Coinbase Wallet. Go to your Coinbase App, Hit the blue button with the two arrows in again, click on the send Crypto to another wallet button. Next You will need your ETH address. Go to your Coinbase Wallet. Hit Receive, Then Ethereum, then copy n paste the long line of numbers & letters, AND then paste that address into the ‘send to’ address on your Coinbase App.
You will get the Ethereum into your Coinbase Wallet in a few mins. Thats it, you’re now good to go. You have Your Ethereum, You have your NFT, now you need somewhere to sell it.
Step3. How to sell your NFT. You need to go to Opensea, Its a massive site full of NFT’s for sale & that you can buy. Its where I have my collections of NFT’s. When you go to their site, first thing you will need to do is connect your Coinbase Wallet. Thats super easy, choose the wallet to connect to, choose Coinbase Wallet, ‘Hit the sign’ buton on your phone & your connected.
Next, add a profile, adds more credibility to you and what your selling. Takes a few mins. Now, you need to create a collection. Hit the Tab, add a photo, description, a few bits a pieces and you’re done. It will take a few mins. For more ideas etc.. Here are 2 of mine that you can look at: Mark Shaws Collection of Tweets NFT and The Happy Green Bottle NFT
You can now add a listing. Choose your Image and add it. Give it some blurb, name, category, description. Click on the Properties, and add in each box, when it was minted (thats the current date) more about the nft, what is it? photo, tweet, who took it, etc.. and then create at the bottom.
There is a box called Unlockable Content. This is very interesting. You can use this box to add all sorts of things. Only someone who has just bought your NFT will see it. You could offer to give buyers a free print, an article on how you made the artwork, links to your site, social media stuff, link to where a high res version of the file is stored. I use a free service called Pinata to host this file. You need to grab the url of the file and the CID number of the file and add them into the Unlockable content box. Also, it could be a special code to access an event, an online community, a special bonus of some sort.
Feezing your metatdata is another box. I have fully explained what this is all about here: Click Here
Now, the very first time you add a listing to Opensea you will have to pay a sort of one off activation fee. I think it was around $7-8. Thats it, after that every time you list something, there is no fee. You only pay 2.5% of the sale price to Opensea when the item sells.
You now have a listing, but you now need to sell it. Hit the sell button. The next stuff is a bit like eBay. Sell at a fixed price, auction, bundle other NFT’s. Add the price, and hit sell. You will need to confirm the lising on your phone. You now have a NFT to sell. You can change the price up or down to suit. You can also add a royalty commission so that if that NFT sells in the future, you get a royalty.
Boom. You now have an NFT to sell. You can of course share the link with you friends, family, and networks. I found the whole experience easy, once you know how. It took me a fair amount of time, trial and error to figure all this out. I have bought an NFT and sold an NFT.
When someone buys one of your NFT’s its seamless. You get the ETH or Ethereum desposited straight into your Coinbase Wallet, they get the NFT. You havve zero to do and it costs nothing in extra fees.
I am sure there are a million ways to buy and sell an NFT. There are a ton of different NFT market places to try and a ton of different Digital Crypto Wallets to use. This is what worked for me. I wanted something that was not techie and fairly simple to use.
Having read this guide, you may feel that you want to test things out and buy an NFT. I have 2 NFT collections you can check out.
The Happy Green Bottle NFT. Each bottle is over flowing with love, happy thoughts, virtual hugs, good wishes for good health, inspirational messages, inner strength, together with a dash of wisdom. The Happy Green bottle would make a perfect gift for anyone feeling down or that needs some motivating.
Mark Shaws Collection of Tweets NFT This NFT is my finest collection of Tweets and includes my very first Tweet.