Professional Documents
Culture Documents
Photography NFT: The Photographer's Guide To NFT
Photography NFT: The Photographer's Guide To NFT
The Photographer’s
Guide to NFT
Content
Introduction.................................................................................................................................................................................................... 3
What are NFTs?.............................................................................................................................................................................................. 4
The Process of Buying and Selling NFTs.......................................................................................................................................................... 5
Should You Sell an NFT?................................................................................................................................................................................ 6
NFTs for Photographers: What Does It Mean?.................................................................................................................................................. 7
The Top Photography NFT Marketplace........................................................................................................................................................... 8
Final Thoughts................................................................................................................................................................................................ 9
3
Introduction
Are you part of the online creative community? Then you’ve
probably heard a lot about NFTs. Social media is throbbing with the
acronym NFT.
Bear in mind that an NFT is an image in the form of a digital token. Such
tokens are then sold online. An NFT could be anything in digital form.
For instance, animations, photographs, and artwork can be converted
into an NFT and be sold online.
These days, the NFT is shaking up the art realm. Other individual NFTs
are being sold for thousands of dollars. Artists like you might be interested
in thin NFTs that will offer you the financial rewards you deserve. But the
question is, is it so easy?
5
The Process of
Buying and Selling
NFTs
Selling NFTs is not like selling your artwork at an art fair or Etsy. That
marketplace is different and 100% digital.
NFTs are providing digital art creators with a new method of selling their
work. They can sell individual photos directly as NFTs. Thus, they don’t
need to depend on exhibitions and art fairs, not to mention they don’t
need to be scouted for editorials. Alternatively, they can sell their work
as individual units straight into the blockchain.
There have been some astounding figures associated with the sale of
NFTs. In fact, Twitter founder, Jack Dorsey, sold his first-ever tweet for
more than $2 million. Pop artist Grimes sold the fifty-second video as
an NFT for $390,000. There’s also a $6.6 million sale for a video made
by Beeple.
Every time you see figures like that, it is hardly surprising that
photographers and artists are looking to NFTs to make some cash.
Other people say it sounds too good to be true.
7
Photography NFT
Marketplace
You will find different photography NFT marketplace platforms where
NFT can be created and sold. Below are some platforms that can help
you mint an NFT and get started. Remember that when accessing these
platforms, you should connect your digital wallet to mind, purchase or
sell an NFT.
• OpenSea
OpenSea is a major NFT platform. It has a customizable platform
where you can make a profile and connect a wallet. That provides
a decentralized marketplace for photographers to sell or exhibit
their NFT. This platform enables you to make collections of NFTs
you have either purchased or created.
• Rarible
Rarible is one of the biggest NFT platforms in the market today.
First-time NFT creators use this platform as it’s not challenging
to use or navigate. Users also don’t need any programming skills
to mint an NFT.
• Foundation
The largest draw of this platform is it makes it simple to look
through photography NFT on their website. However, its minting
fees and high royalty fee on sales do not make it the most
creator-friendly option out there.
9
Final Thoughts
One could easily argue that photography NFT offers one of
the best use cases for the technology. It is simple to visualize how
NFTs could become the main source of income for photographers at all
levels one day.