How to Make an NFT: Guide for 2022
Non-fungible tokens, or NFTs, have gotten a lot of attention lately. This isn’t surprising, especially when you hear stories about artists who have made tens of millions of dollars selling a single NFT.
When you look at the market, NFTs have skyrocketed in the past year alone. According to tracking company DappRadar, trading in NFTs exploded from $ 100 million in 2020 to an incredible $ 22 billion in 2021. And the collective value of the top 100 NFTs sits at a hefty $ 16.7 billion.
But what is an NFT, and how can you make one?
The concept can be a bit confusing to understand. But don’t worry, we’ll walk you through all the basics that you need to know, plus the steps for creating and minting your own NFT.
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What is an NFT?
NFTs are digital assets with a unique identity kept and verified on a blockchain (a digital ledger). Each NFT is non-fungible, meaning it can’t be readily exchanged for another asset of similar value. Common NFT assets include images, video, music, GIFs, and collectibles.
NFTs hold value …