Minting NFTs - by Rex

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Mi

nti
ngNFTsonOpe
nSe
a?Av
oidThe
se10NoobMi
sta
kes
!

Howt
omi
ntNFTsonOpe
nSe
aandge
titr
ightt
hef
ir
stt
ime
.

OpenSea.
i
oiscur
rent
lythel
argestNFTmark
etpla
ceonthewebandagreatpl
acetoge
ty ourf
eetwe
t
f
oranyonenewtominti
ngtheirownNFTs
.He r
ea r
esomest
eppi
ngstone
st ohel
pyouavoidnoob
mis
takes
.

Ide
cide
dtha
tthet
opi
cde
ser
vesa
nar
ti
cl
eofi
tsown.

He
rea
ret
het
op10noobmi
sta
kest
hatpe
opl
ema
ket
hef
ir
stt
imeoutmi
nti
ngNFTsonOpe
nSe
a.

1.
Don’
tbei
nahur
ryt
omi
ntNFTs
!

Minti
ngandma na
gi ngyourNFTsc anbeexci
ti
ng.Buti
t’
simport
antt onotbei
nahurry
.Onmyf i
rst
ti
meout,Ipe
rsonallyl
ostas mall
bitofETHbybe i
ngtooqui
cktosigna nETHtr
ansa
cti
on.
IthoughtI
acce
pti
nganoffer
. Atthetime,gasfee
swe r
eover$100soIjumpeda twhatl
ooke
dli
kea$10gasfee
notrea
li
zi
ngthatitwa sforsomethi
nge l
se— Iknownotwhattothisday.

Sl
owdown.
Tri
pl
e-c
hec
kev
eryf
orma
nde
ver
ypopup,
ands
tar
edowne
ver
ywa
ll
eta
cti
onbe
for
eyouc
li
ck
“s
ign.

2.
Don’
tse
lly
ourNFTsunt
ily
ou’
redonel
i
sti
ngac
oll
ect
ion.

Fi
rst
,y ouha vetocreateacoll
ect
ionfory
ourNFTsonOpenSea.
The
ny ouaddtheindiv
idualNFTs
wit
hint ha
tc oll
ect
ion.Andthemome ntyouse
llt
hefi
rstNFTonOpenSea,
theenti
recoll
ecti
ongoes
ont
ot heEt heri
umbl ockc
hain.
AddingmoreNFTsaft
erthatc
ost
smoreETH.(Youc anals
ous ethe
Pol
ygonbl ockchai
n.)

It
’simporta
nttogetal
lofyourexi
sti
ngNFTsi ntoyourcol
lec
tionbeforeyouli
stanyf
orsal
e.Asyouadd
eachite
m, i
tshowsupinthemarket
placeeve
ni fit
’snotl
is
tedf orsa
le.I
fsomeonerea
ll
ywantstobuyit
beforeyougettheent
ir
ecoll
ect
ionready,
theycanma keanoffe r— hopef
ull
yoneyoucan’
tref
use.

3.
Sethi
ghe
rpr
ice
sfory
ourNFTst
hany
ou’
rewi
l
li
ngt
oac
cept
.

OnOpe
nSe
ayouc
anne
veri
ncr
eas
ethepr
iceofy
ourNFT.
Youc
anonl
ylowe
rit
.Ify
our
eal
l
yne
edt
o
ra
iset
hepri
ceyouhavet
ode l
etetheli
sti
ngandr
eli
st— bot
ha c
tionsa
ccr
uega
sfe
es.
Sta
rtwi
tht
he
hi
ghes
tpri
ceyouthi
nkanyonecouldposs
ibl
ybewil
l
ingt
opa y
.

Mos tNFTshoppersonOpe nSe


aknowthatt
heycanmakeanoff
eronyourNFTthat
’sl
owe
rthant
he
l
istpri
ce.
Also,Keepinmindthedol
l
arv
a l
ueofETHisamovingt
arge
t.I
t’st
empt
ingtol
owert
hepri
ce
ofyourNFTa sthepric
eofETH/USDgoesup,buti
tcoul
dplummetatanymoment.

OneETHc oul
dc onc
eiv
abl
ybeworth$3,
000oneday
,$5,
000thenextwe
ek,andt
hen$1,
000a
gai
nthe
weekaft
erthat
.Asthatha
ppens
,thepri
ceofy
ourNFTinU.
S.dol
la
rsgoesupanddownwi
tht
he
cur
rentpri
ceofETH.

So,
aga
in,
sett
hepr
icehi
gha
ndl
eav
eitt
her
e.Ma
ybema
kei
tcl
eart
haty
ou’
l
lent
ert
ainof
fer
s.

4.
Don’
tac
cepta
nof
ferf
roms
ome
oney
ouk
now.

Whe nanyonema kesanoffe


ronanNFTonOpe nSea,t
he r
earegasfee
stomake,acc
ept,orcount
erthe
off
er.However,i
nsteadofacce
pti
ngtheoff
er,y
ouc anlowerthepr
icet
oma t
chtheoffe
rwi t
houtpayi
ng
gasfees.
Buty oushouldonl
ydothisi
fyouarei
nc onta
c twi
ththebuyers
othatyoucanletthemknow
you’
veloweredtheprice.

5.
Don’
tpa
yhi
ghga
sfe
es.

Hopeful
ly,
ETHga sf
eeswil
lcomedowns oon.Howe v
er,a
tt het
imeofwrit
ing,
thegasfeeshavebeen
hover
ingaround$100ormor e.I
fyou’
renotinahur r
y— a ndyoushoul
dn’
tbe— t henwaitunti
lthega
s
fee
sarelowbe f
oreyoucreat
ethec ol
l
ect
ion.Typic
all
ythefeesar
elowerl
ateatnightandintheearl
y
morni
ng.The r
e’snosens
einpayingmorethany ouhaveto.

Bet
tery
et,
youca
nmintNFTsonthePoly
gon(MATI
C)bloc
kcha
inus
ingOpe
nSe
awi
thnoga
sfe
es.
Howeve
r,t
her
earega
sfee
sforc
onvert
ingETHtoMATIC.

6.
Don’
tex
pec
ttos
ell
alotofNFTsr
ighta
way
.

Thesay i
ng,“
Ifyoubuil
dittheywil
lcome,
”mi ghtbetrueforbasebal
ldi
amonds ,butunf
ort
una t
ely
,it
’s
notthec a
seforNFTs .
Peoplegener
all
ydon’tbuyNFTsf romunk nowna r
tis
ts.
Andf answhoa r
en’t
alr
eadyintoNFTsa reunl
ikel
ytojumpintoOpe nSeaheadfir
st.Youwill
ne edt
opr omoteyourNFT
col
lect
iontoyourtargetaudi
ence— thatisNFTc ol
lect
ors.Youne e
dtoc onvi
nceNFTc ol
lect
orsthat
youhav eanangleandafoll
owingandwillbearoundforthelonghaul.

Lookf
orNFTcol
le
ctorgroupsonsi
tesl
i
keDi
scor
dandRe
ddi
tandwor
kwi
tht
hem.
Als
o,r
eac
houtt
o
NFT-f
ocus
edmedi
awi t
hy ourst
ory
.
7.
Don’
tgoi
tal
one
.

Ther
eareplentyofonli
necommuni
tie
sde di
cate
dtomi nt
ingandsell
ingNFTs .
Therear
esomet r
olls
l
urki
ng,butma nyofthemember
softhesegroupsar
ee xt
reme l
ysupporti
veofeac
hother.Showyour
NFTcoll
ecti
ont osomefolk
sint
hesegroupsandgetsomef ee
dbackbeforeyoufi
reaway.
Youmi ghtbe
sur
pri
sedbys omegreatadvi
cet
hatmak e
sabigdif
fer
e nc
e .

8.
Mintmul
ti
pl
ecopi
esonOpe
nSe
a.

Youcanmintasi
nglecopyofanNFT, a
ndsetthepr
icer
eal
l
yhigh.Oryouc
a nmintsev
era
lcopi
esand
cal
li
ta“l
imit
ededit
ion.
”Ifyoumint101copi
esofanNFT,j
ustput100upforsa
le.Hol
dontothef
irs
t
andmostval
uabl
eli
mi t
ededit
ioncopy.

Asofthetimeofwri
ti
ng,t
hedef
ault“
cre
ate
”pageonOpenSe
aonlyl
etsy
oumintonec
opyofyourNFT.
Ifyouwanttose
llmoret
hanonecopyonOpenSe
a,youne
edtoaddt
hist
extt
othewebaddr
essofthe
page:

?
ena
ble
_suppl
y=t
rue

Orjus
tcli
ckthi
sdire
ctli
nktomintmult
ipl
ecopi
esofa
nNFTonOpe
nSe
a:
ht
tps:
//opense
a.i
o/ass
et/c
rea
te?ena
ble_s
upply
=tr
ue

9.
Tri
pl
e-c
hec
kev
ery
thi
ngbe
for
eyouf
ree
zey
ourme
tada
ta.

I
nor
dertost
artse
ll
ingli
keapro,you’
l
lneedt
o“fr
eeze
”themetada
taony
ourNFTs
.Me
tada
taa
ret
he
v
ari
abl
essuc
ha st
het i
tl
e,de
scri
pti
on,andpr
ope
rti
esoftheNFT.

Seri
ousbuye
rswa ntt
ok nowthatthel
i
sti
ngwil
lnotcha
ngeaft
erthe
ybuyy
ourNFT.However
,onceyou
fre
ezethemetada
t ai
tcannev
e rbecha
nged.
Ift
heite
mdoe s
n’tse
ll
,i
tca
nbedel
ete
da ndr
e-mint
ed,but
thatcos
tsmoregasfees
.

10.
Dre
ssf
ors
ucc
ess
.

I
fyouwa ntt
os t
andoutinthecrowd,younee dtopoli
shy
ourcol
le
cti
ontoasheen.I
tshowsthatyou’
rea
se
riousbusi
nessper
sonaswe ll
asa nart
ist
.Ifyoucan’
tdoity
ourse
lf,
the
nhiresomeonetocre
atenic
e
ar
tf ort
heaccount
,thehea
de ri
ma ges
,andthei ndi
vi
dual
NFTs.NFTswithr
eall
ynic
egraphi
csgetfar
morea t
tent
ion.

Tha
t’sagoods
tar
t.Ke
epi
nmi
nd,
itmi
ghtt
akeda
ysori
tmi
ghtt
akey
ear
stos
ell
yourf
ir
stNFT.
Butt
his
i
sthewayoft
hefut
ure
.Ge
tst
art
ede
arl
yand10,
20,
30y
ear
sdownt
her
oad,
yourNFTsj
ustmi
ghtf
und
y
ourret
ir
ement.

Goodl
uckwi
thy
oura
dve
ntur
eint
oNFTs
!

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