How to Make and Sell an NFT (Crypto Art Tutorial) - YouTube

Channel: Kapwing

[0]
hey everybody this is Robert from Kapwing and聽 this iconic image next to me recently sold for聽聽
[5]
six hundred thousand dollars at an online auction聽 if that comes as a shock then let me be first to聽聽
[10]
welcome you to the brave new world of nfts and聽 crypto art in this tutorial today i'll show聽聽
[15]
you everything you need to know to get started聽 creating your first nft putting it on an online聽聽
[20]
marketplace and hopefully making some money from聽 it let's get started nft stands for non-fungible聽聽
[26]
token it's an alienesque term that i don't聽 like saying aloud but you can think of it as聽聽
[30]
a digital certificate of authenticity in real life聽 classic works of art antiques and other historical聽聽
[36]
items are often sold at auctions with a receipt聽 certifying that they are genuine nfts serve the聽聽
[41]
same purpose but for digital items they allow聽 gifs videos jpegs mp3s and just about any other聽聽
[47]
file format to be certified as one of a kind this聽 technology enables a new kind of ownership for聽聽
[52]
digital files that wasn't previously possible so聽 now that we know a little more about nfts and what聽聽
[57]
can be an nft let's go step by step through the聽 process of creating and listing your first nft for聽聽
[63]
sale and you won't need any crypto experience to聽 do this so there's gonna be four steps today first聽聽
[69]
we're gonna set up a new crypto wallet this is聽 where we'll store the ethereum cryptocurrency that聽聽
[74]
is used to pay the fees that are associated with聽 putting an nft for sale second we're gonna buy a聽聽
[80]
little bit of the ethereum cryptocurrency you'll聽 need this to cover those fees i just mentioned聽聽
[84]
third you'll connect your new crypto wallet to聽 one of the popular nft marketplaces you'll use聽聽
[90]
your wallet to authenticate everything you do聽 to keep us secure and then fourth we'll actually聽聽
[95]
go through the process of listing your art and聽 turning it into an nft okay so we're starting out聽聽
[101]
here in the ios app store and i'm on the rainbow聽 ethereum wallet now there are tons of different聽聽
[107]
wallets you can use to buy nfts and to store the聽 ethereum crypto coin so for this tutorial today聽聽
[113]
i'm using rainbow because i find this wallet聽 to be super simple it's where i got my start聽聽
[118]
and i'm still using it to this day but i actually聽 did a full write-up on how to create your own nft聽聽
[124]
over on the point website i'll drop a link to聽 that down in the description i go over some聽聽
[128]
other wallets there so if you're not comfortable聽 with this one or you want to try something else聽聽
[132]
there's definitely a lot of options out there聽 but we are using rainbow for this tutorial today聽聽
[137]
so i've got i've already downloaded this app聽 so i'm just going to tap open here from the app聽聽
[140]
store and i'm going to go right into the wallet聽 so i just created a new wallet called kapwing聽聽
[146]
and it's super simple right here inside the app聽 um it uses apple pay to cover transactions so聽聽
[152]
you can just tap any of these buttons 50, 100,聽 250 and add ethereum bright into your account聽聽
[158]
so i would recommend starting with around 100 if聽 you are planning to mint and create your own new聽聽
[165]
nft now i know that sounds like a lot because聽 it is but currently there are pretty high聽聽
[172]
fees associated with making new nfts that's聽 something else i go over in that article link in聽聽
[178]
description but yeah 100 should be enough to get聽 you covered uh for your first nft these gas fees聽聽
[185]
fluctuate all the time but they have been quite聽 high lately with a lot of the excitement around聽聽
[190]
this technology so you'll want to start out by聽 buying around a hundred dollars worth of ethereum聽聽
[195]
now you can just use apple pay to immediately聽 cover this and have it sent into your wallet if聽聽
[200]
you're on android i'm not entirely sure what聽 the payment method is but i know there is聽聽
[205]
a rainbow wallet available for android and the聽 standard payment methods you'd use in android聽聽
[210]
should apply there as well so start here in the聽 rainbow wallet and add some ethereum into your聽聽
[216]
account now that your crypto wallet is all set up聽 we are ready to actually link it to one of the nft聽聽
[221]
marketplaces where you can buy sell and create聽 your own nfts so for this demo today i'm going聽聽
[226]
to show you how to do this on wearable.com this聽 is one of the most accessible nfc marketplaces聽聽
[231]
there's no invite required and it's very easy to聽 get started this is where i created my first nft聽聽
[237]
so we'll head over to wearable.com聽 i'll drop a link in the description聽聽
[240]
and once you're on this main page you'll just聽 click this connect button up in the corner聽聽
[245]
it'll take you to this screen where you have a聽 bunch of different wallet connections you'll see聽聽
[251]
here there's like fortmatic, walletconnect, wallet聽 link so these are all different apps that connect聽聽
[256]
different crypto wallets to their marketplace if聽 you're using the rainbow wallet that i suggested聽聽
[261]
in the first step then we're going to use聽 walletconnect but if you're using a different聽聽
[265]
wallet you may need to further explore聽 which one of these options is best for you聽聽
[269]
so i'll start by clicking wallet connect here and聽 it's going to bring up this qr code so i will just聽聽
[275]
go into my rainbow app and i'll slide over to this聽 screen that shows the camera and i'll just go over聽聽
[283]
that qr code and there it says Rarible wants聽 to connect your wallet so i'll just tap connect聽聽
[289]
and you'll see here right as i tap connect i'm now聽 logged in to my Rarible account it's automatically聽聽
[296]
created an account that's linked to my wallet only聽 so from here we can actually move on and start to聽聽
[304]
buy or create our first nft so for the part we've聽 all been waiting for how to actually turn a piece聽聽
[310]
of content into an nft so i'm here in the Kapwing聽 studio editor and i'm on an image that i actually聽聽
[316]
made for the nft article i recently wrote so this聽 is a pretty simple project it's a couple image聽聽
[322]
layers some text a nice gradient in the background聽 uh Kapwing is actually a great option for creating聽聽
[327]
nfts because it enables you to simply create all聽 kinds of content whether it be an image like this聽聽
[332]
one a gif a video all kinds of content that can聽 be turned into nfts can be made in Kapwing so聽聽
[338]
definitely go check us out link in description as聽 well so i have this nft graphic that i made for my聽聽
[344]
article and i want to download this now and take聽 it over to wearable and mint it as my first nft so聽聽
[349]
my first nft will quite literally be my graphic of聽 an nft so i'll click export image here in kapwing聽聽
[357]
and that takes me to the screen where i can now聽 download my content so i'll click download and聽聽
[361]
now i've got a copy of this image saved to my hard聽 drive so we'll switch back over to Rarible now and聽聽
[367]
once you're signed in you should see this create聽 button up here in the corner so i'm going to click聽聽
[372]
create and now we have a selection to make do聽 i want to meant this nft as one of one like聽聽
[378]
the only version of this image that's available聽 on the blockchain that can be bought and sold聽聽
[382]
or do i want to meet a few copies of it maybe聽 it's one of ten maybe it's one of seventy so聽聽
[387]
for the sake of rarity and you know making this a聽 true one of one i'm just gonna select single here聽聽
[393]
now this next page is very similar to you know the聽 upload screens you've seen in other apps it's it's聽聽
[398]
very familiar it's kind of reminds me of uploading聽 a video on youtube so i'll just click here to聽聽
[403]
upload my file let me find it there it is select聽 it and upload it and then it kind of shows you聽聽
[409]
a thumbnail of it here and then you can start to聽 make some other selections you can you know choose聽聽
[413]
whether or not you want to put it on sale or just聽 create it as an nft to keep in your own crypto聽聽
[417]
wallet so i'm going to put it on sale i can set an聽 instant sale price you can kind of think of this聽聽
[422]
as like a buy now price that you'd see on ebay聽 this is the price that uh i'd want for somebody聽聽
[427]
to immediately be able to purchase it if i don't聽 select that then it does just go to a regular聽聽
[432]
auction where people make bids and i can choose聽 to accept them or not and then you could also if聽聽
[437]
you've created a really rich piece of content do聽 this unlock when purchased option and that allows聽聽
[442]
you to link to maybe like a website or a dropbox聽 or something where people can download like a high聽聽
[447]
quality version of the file or get some other聽 you know special extras that come with the nft聽聽
[454]
maybe like a video of you creating it or you聽 know some more background around how it was made聽聽
[459]
and those are kind of nice little extras to聽 bundle in so i don't have any of those to offer聽聽
[463]
so i'm just gonna go in and it'll ask you聽 know put a name put a description so i'll say聽聽
[468]
nft token and for the description i'll say聽 what i imagine an nft looks like then you'll聽聽
[478]
see down here this royalties selection this is聽 actually really cool so you can set a royalty聽聽
[483]
amount and then anytime this nft is sold in the聽 future to someone else you will actually receive聽聽
[489]
this percentage of a royalty of that sale this is聽 one of the things that makes nfts really special聽聽
[494]
for creators is that they can continue profiting聽 off their work well after they've sold it for the聽聽
[499]
first time something that you know doesn't聽 really happen in the traditional art world聽聽
[502]
so usually you see royalties of around 10 to聽 30 percent so i'll set this around 20 percent聽聽
[508]
and now that i have all of my information聽 entered here i'll just click create item
[518]
and then next it's actually going to send a聽 request to my uh rainbow wallet to accept this聽聽
[527]
transaction so if i go into rainbow here and i聽 scroll over you'll see here it is it's got the聽聽
[537]
um transaction request to go ahead and create this聽 nft i haven't bought any ethereum so it says that聽聽
[543]
my balance is too low and then you can see down聽 here at the bottom of the screen you have the聽聽
[547]
network feed that's going to be associated with聽 actually going and you know minting this nft today聽聽
[553]
so um yeah you'll just complete the transaction聽 right here in your wallet and then back on screen聽聽
[559]
it'll actually uh you know start to do聽 the rest of the process of minting it聽聽
[564]
so once you've actually minted your content and聽 paid for all the fees this is what it's going聽聽
[569]
to look like you'll see it right here on Rarible聽 it's got a full transaction history you can view聽聽
[576]
bids that are placed on it and it's now live聽 and you were able to do it in just a few minutes聽聽
[581]
and that's how you create your first nft聽 we started by making a new crypto wallet聽聽
[586]
next we bought some ethereum and then we linked聽 our wallet to an nft marketplace like Rarirble.com聽聽
[591]
finally we uploaded our content and minted聽 it into an nft now there's a lot more that聽聽
[597]
can be said about crypto art and nfts聽 but i'm going to leave it there for now聽聽
[600]
if you found this video helpful today please聽 consider subscribing to our youtube channel聽聽
[604]
nfts are still in their infancy and i think聽 there's a lot more tutorials that we could聽聽
[608]
do on them in the future so getting your feedback聽 and hearing whether or not this stuff is helpful聽聽
[612]
is great and it helps us out a lot thanks so much聽 for watching and we'll see you in the next video