Technology has provided animators with many opportunities for growth and advancement, with its resources supporting accessibility and affordability, from production to promotion.
One of the most popular ways to be successful is to sell digital assets on the blockchain. In the art industry, more specifically in the animation industry, reference is made to the sale of NFT.
What are NFTs?
An NFT or “non-fungible token” is a single digital asset representing real objects, such as digital art, tweets, images, music, and videos.
It is a type of cryptocurrency and is created using the same fundamentals as Bitcoin or Ethereum. However, the difference is that these NFTs cannot be traded with the same product.
They store valuable additional information that allows them to take the form of anything digital you have, such as MP4, MP3, GIF, and JPEG, turning it into crypto art.
What is Crypto Art?
This is simply digital art with guaranteed ownership from NFT. In the digital art industry, crypto transactions are carried out through NFTs, which verify the authenticity and ownership of the art.
Essentially, NFTs assign a unique identification number to a work of art or animated video that is updated and validated each time a similar transaction is bought, sold, or made.
NFTs are changing the way artists transact. This article lists how to create NFT art as an animator.
How to Make Animated NFT Art
Obviously, creating, buying, and selling NFTs can be difficult. Sometimes it can cause you to lose money instead of earning it. Indeed, the trading process can be a gamble if you are unfamiliar with the many unclear commissions mentioned above.
But if you think you’re ready to step into the world of NFTs and Cryptocurrencies, I’ve compiled a handy list of steps to make animated NFTs.
Step one: Choose an NFT platform
First, select a cryptocurrency platform and NFT to make it easier for you to create, buy, and sell cryptocurrencies. There are many NFT platforms to choose from, such as OpenSea, Rarible, Nifty Gateway, and NFT Stars.
Different NFT platforms can also meet specific needs, such as YellowHeart’s music-centric platform and the NBA Top Shot for featured NBA collectibles. We recommend that you use Opensea or Rarible, a community-centric platform, if you are new to it, as the platform is simple and easy to use.
To mint an NFT, also known as Generation NFTs, you will need to pay a certain royalty on any of these platforms, usually in Ether cryptocurrency. Note that the value of the Ether tends to fluctuate.
You can also browse the different platforms to familiarize yourself and help you decide which one to choose.
Step two: Open a digital wallet
Second, create a “digital wallet” to buy Ether or ETH. You will need it in the transactions that connect you to the NFT platform of your choice.
One of the most common digital wallets is the MetaMask wallet, available both as a browser and as an app. Users believe it is one of the best NFT wallets for collectors and creators.
You can also install an extension on your computer.
To create a digital wallet, you will need to download the software and accept the opening phrase. An opening sentence is a set of 12-24 words that gives you access to your digital wallet. Ensure to save it somewhere secure.
If you already want to add money, also known as ETH, to your digital wallet, you can do so by paying by sending from another wallet. You will use this ETH to buy and/or trade NFT.
You can then register on your preferred NFT platform and connect your digital wallet.
Although the rules may vary slightly between different platforms, you can usually connect your wallet to the app or add the digital wallet extension to your browser.
Step three: Upload Your Animated Digital Art.
Third, upload your NFT to your platform and tokenize your animated art. Different NFT platforms may have specific requirements for downloading or creating an NFT.
But generally, as with platforms like Opensea and Rarible, you can download animated videos as long as it’s a PNG, GIF, TXT, MP3, MP4, or WEBP file and is up to 30MB in size. Please note that invoicing your NFT requires payment of a certain amount, as stated at the beginning.
Once you have submitted NFT, add the price and any description you need, such as the title of the animated NFT, and enter the percentage of the copyright you would like to receive for future resale of your art. Rarible also asks you if you want to resell creating the work in series or as a unique work of art.
Step Four: Promote your Animated NFT Arts
Once you have registered NFT on a platform, anyone can bid. All you have to do is announce your work and wait for ETH to arrive.
There are many ways to promote your NFT. Basically, you can promote your NFT on Discord groups, online communities created for certain NFT platforms or crypto communities, or even your own social media accounts.
Why should you consider making an Animated NFT?
Selling cryptocurrencies for entertainment might sound like a brilliant and innovative idea, but there are several things to consider before doing so. THere are the pros and cons of buying and selling NFT.
Benefits include providing:
- Value for your Animated Videos.
- Opening animation business to a whole new range of royalties arrangement for your art.
- The difficulties in navigating an unfamiliar technological market.
- The negative effects of NFT on the environment.
- The obligation to pay gas fees and the uncertainties in preserving animated videos and digital assets.
To be able to sell your NFTs, you first need to select your preferred NFT platform, as there are innumerable options to choose from. Then create a digital wallet, buy Ether and connect it to the platform of your choice.
From there, you can upload your animated art. The NFT platform will take your animated videos and turn them into crypto blockchain art. And finally, you can promote your NFT on virtual communities and social media platforms.
Keep in mind that investing in new technologies such as cryptocurrencies takes time and effort, but many new opportunities come with it. As an animation studio owner, it is your responsibility to invest in innovative ways to attract more audiences and grow your animation business.
Nnamdi Adibe is a native English writer and can write about many things. With his writing skills, he can provide well-researched content.
Nnamdi Adibe is a prolific writer at gblogo.com. He is interested in bringing you perspectives on financial liberation, fun, and investment from the rare vantage point of experience.
He provides insights on fintech, crypto and digital assets, and sustainable finance and investments and promotes a transparent, secure, and quality digital financial future for everyone.
Determination, honesty, and responsibility are important values of Nnamdi that he tries to maintain at all times.