Summary

If you want to create your own exclusive NFT, the Binance NFT Market is an excellent choice. In addition, it can also be created directly on Binance Smart Chain (BSC) using DeFi platforms such as Binance NFT, BakerySwap or TreasureLand. BSC not only has low fees and fast transaction speeds, but also has a growing NFT community.

There are many platforms to choose from, you just need to fill in the details of the NFT, upload the digital artwork or file and pay for the minting Just the fee. If you need to sell NFT, you can also quickly put it on many NFT markets.

Introduction

As long as you are not isolated from the world , you must have heard of the recently popular NFT (non-fungible token). Whether they are public figures, digital artists, or creative people, they are all eager to launch their personal works of art on the blockchain.

From paintings to songs and even highly collectible NBA trading cards, the possibilities are endless with the NFTs you can mint. This is a great way to prove authenticity and ownership of a creative work.

If you're really talented (or very lucky), you can also make a decent amount of money. We can think of NFT as a digital collectible record or a one-time painting. It is entirely possible for NFTs that are popular in the market to sell for sky-high prices. You may have heard of visual artist Beeple. His NFT painting "Everydays: the First 5000 Days" sold for more than $69 million.

In addition to Beeple, other artists are also selling personal NFTs on blockchain-based marketplace platforms. Excellent sales are the best proof of its value.

Preparation work before casting NFT

Making exclusive NFT Before doing so, you need to prepare three things:

• Your song, artwork or collection

• Some digital currencies used to pay minting fees

• Digital currency wallets for storing digital currencies

In addition, you need to choose a blockchain to create non-fungible tokens. We will discuss this issue in detail later.

What is a non-fungible token (NFT)?

The work of minting NFT is ready, but do you know what it is? It is essentially a digital currency that represents a unique collectible that cannot be copied.

We can simply compare NFT to shiny Pokémon cards. Anyone can print it out and even make it look like the real thing. But it is different in the minds of collectors.

Shiny Pokémon cards are valuable for their uniqueness and authenticity. The same goes for NFTs. Of course, you can download the associated image or collectible of the NFT, but this does not represent actual ownership or authenticity.

Even the limited edition NFTs of the same model are not exactly the same. For example, in a series of 100 NFTs, the value of collection No. 1 will be the highest.

If you want to learn more about the origins of the NFT craze, articles about "Cryptocat" and "CryptoPunks" will answer your questions. Confused. These are the first of the most popular digital collectibles projects on the Ethereum network.

What does NFT include?

The first important question that needs to be answered is what exactly NFT can represent. As well as representing a digital project, could it be tied to a real-world artwork? Although less common, NFTs can indeed represent physical collectibles. In such cases, the private key to the wallet where the NFT resides is often built into it or provided with the piece.

Christie's auction house even auctioned the physical blockchain-inspired NFT artwork "Block 21 (42.36433° N, - 71.26189° E) (from Portraits of a Mind)", and a related NFT from the OpenDime hardware wallet was also auctioned.

It is more common to launch exclusive NFTs for digital artworks, songs, gifts and videos, and even video game collectibles can be purchased through NFTs and Presented in the form of financial pledge products. Digital currency artwork and NFTs are not limited to one format. Therefore, you can be completely creative when it comes to new NFT ideas.

Do I need a specific wallet to use NFTs?

Everything depends on which network you choose to create your token on. Fortunately, most wallets currently support both Ethereum and Binance Smart Chain, so there shouldn’t be much difference between the two. These two are the most commonly used blockchains for NFTs.

Actually, the most important thing is to check the blockchain network on which the token is built. If the NFT is based on Ethereum, a wallet that supports Ethereum is required. If built on Tezos, you should prepare a wallet that supports Tezos.

For ease of operation, we recommend using MetaMask or Trust Wallet. These two digital currency wallets support various blockchains. However, you should always check if your wallet supports the blockchain your coin is using.

Which blockchain should be used?

When minting NFTs, there are quite a few blockchains to choose from. As we know it today, the Ethereum network was the first mainstream blockchain to offer non-fungible tokens. Today, NFT-compatible blockchains include Binance Smart Chain, Polkadot, Tron, and Tezos, among others.

Most non-fungible tokens currently exist on Ethereum or BSC. However, Ethereum’s high gas fees make minting and processing NFTs quite expensive. Binance Smart Chain is much more cost-effective, and users can also be the beneficiaries of fast transactions. Today, NFT markets and projects are emerging one after another, gathering many potential buyers for creators.

Which platform can I use to create NFTs?

When choosing an NFT casting platform, you usually start from two aspects: personal choice and the blockchain you want to use. Most BSC protocols will create your NFT in the form of BEP-721 tokens. So, no matter which platform you choose, they will be the same on a technical level.

If you want to easily trade tokens in the future, it is recommended to choose a platform with which you are familiar with the trading methods. This way you don't need to move the NFT somewhere else after minting.

From the perspective of ease of use, we recommend BakerySwap and Treasureland. Both BSC projects feature easy interfaces and low fees to help mint NFTs. BakerySwap has the largest NFT marketplace, making it ideal for anyone looking to sell their NFTs after minting. Treasureland supports users to mint NFT for free. If you want to use Ethereum, consider OpeaSea or Rarible, two of the most popular platforms.

Can I transfer NFT to BSC Market Move to another market?

As long as the new platform supports the token type corresponding to NFT, you can easily transfer NFT between different markets. The vast majority of BSC markets and trading platforms will support both BEP-721 and BEP-1155 tokens. These are the most common BSC NFT types.

However, your NFT cannot be transferred directly to a market in another blockchain. For example, OpenSea does not natively support Binance Smart Chain NFTs. While it is possible to wrap your tokens, we recommend that you store your NFTs securely on the original blockchain.

To transfer the NFT to another exchange, please send the collection to your wallet. Once safely stored, just send it to the correct recharge address on the new platform. Be sure to double-check that your wallet and any platform that accepts NFTs supports the NFT’s token standard.

How to mint NFT in Binance NFT Marketplace

1. Visit the Binance NFT Marketplace homepage and click [create]. Before creating, you need to connect your own cryptocurrency wallet.

2. Next, simply upload your digital files (images, audio, video, etc.).

3. Be sure to add a description (metadata) for your NFT. You also need to choose whether to create a single NFT or a collection (a group of NFTs).

How to mint NFT on BakerySwap

Create NFT on BakerySwap The whole journey will take no more than 5 minutes. You only need to prepare a certain amount of Binance Coin to pay for the minting fee (0.01 Binance Coin at the time of writing), and prepare a digital currency wallet to store Binance Coin.

Please note that minting fees may vary with Binance Coin price. If you have not registered a wallet, we recommend that mobile users use Trust Wallet and desktop users use MetaMask.

The following projects can be minted in BakerySwap:

• Pictures

• GIF

• Video

• Audio

Steps to mint NFT in BakerySwap:

1. First, please visit the BakerySwap NFT Market and click the button in the upper right corner of the screen to associate your wallet.

2. After successfully linking the wallet, please click [Casting Artwork] to start creating NFT.

3. Fill in all collectible information in the required fields.

4. Under the NFT details, click the [+] icon to upload your file. You can also view current casting fees below the Anti-Plagiarism Statement.

5. After the filled-in information is confirmed and the image is successfully uploaded, you must agree to the anti-plagiarism statement before clicking [Casting].

6. If you use MetaMask, a window will pop up asking you to confirm payment of the casting fee.

7. After payment, you can view the NFT in the blockchain through BscScan. Once you complete the above operations, you can transfer and trade as you wish.

How to mint NFT in Treasureland

Treasurland is part of the BSC project Dego Finance, a decentralized finance (DeFi) protocol and NFT ecosystem, is part of its NFT marketplace. It is completely free for creators to mint NFTs using Treasureland, as all purchasers of the NFT pay a fee.

Currently, Treasureland only allows users to mint images and GIFs, but you can mint single NFTs or launch series of NFTs and set a creator of royalties.

1. Visit the Treasureland creation page, associate your digital currency wallet, and officially start minting.

2. You will then be taken to the NFT creation page where you can fill in all the details of the NFT and upload an image or GIF.

3. Please note that Treasureland has locked the royalties at 10% before creating the NFT.

4. Now you can view the NFT or sell it. If you need to transfer it, you will have to pay a casting fee.

How do I send my NFT to someone else?

After purchasing or creating an exclusive NFT, you can forward it to others directly through your wallet. If the wallet has an NFT section, select any NFT you hold and click this option to successfully send it (both Trust Wallet and MetaMask provide this feature).

Please note that the recipient of the NFT must provide an accurate deposit address based on the type of token you hold. If you own an ERC-721 NFT on the Ethereum network, the recipient should provide you with the Ethereum ERC-721 deposit address for their wallet.

Can I share NFT ownership and proceeds from the sale with others? ?

In terms of collaboration, the operation of NFT is a little tricky. For the most common NFT types (ERC721, ERC1155, BEP721, and BEP1155), the owner can only be unique.

However, some projects have plans to allow first sale proceeds to be split between different wallets. This functionality is not built into the token’s code but relies on the exchange or market you use. We recommend that you carefully research the possibility of splitting proceeds from NFT sales within the trading platform you use.

If you want to have full control over your NFT and store it in a non-custodial wallet.

Summary

Non-fungible token ecology The system is developing rapidly and its convenience has improved significantly. For anyone interested in minting exclusive NFTs, the process is very simple. Whether you want to create, buy or sell NFTs, there is a project for you! Happy minting!