So, I’ve been hearing a lot about NFTs lately and the potential they hold for various industries, especially in the world of art. I’m an artist myself and I want to utilize NFTs to secure my digital art and potentially make some profit from it as well. However, I’m not exactly sure how to create an NFT out of my digital artwork and subsequently sell it. It would be great if someone could guide me through the process intricately.
To make things clearer, I lack understanding about how one could mint an NFT out of digital art, what platforms could be used for the same, and how can the cost be determined. Also, once the NFT is created, where could it be listed for sale, and what preparations need to be made for the transaction? I wish to understand how various platforms handle the transactions and the precautions or steps needed to ensure safe trade of my NFT.
Another important concern relates to legal and rights issues associated with creating and selling NFTs. How can I ensure that I retain the copy rights to my work and prevent any unauthorized sharing or usage? Does the blockchain technology provide some sort of protection in this regard? Does creating and selling NFT mean I give away all rights to my art? So yes, when I say ‘guidance’, I mean the whole nine yards from creation to sale, including any legal and rights-related aspects I need to be aware of. Any insights you can share would be incredibly appreciated, guys. I really want to dive into this new crypto-based way of making art available to the world.