Season Greetings to you mate, I hope you're enjoying the holidays wishing you a prosperous New Year ahead🎉 and pls stay safe.

In my recent article, I talked about NFT's Airdrops and Stable Coins. Some folks reached out to me, wanting to know more about how NFT'S work and also how to mint them and make cool cash with it.

Well, I would love to quickly recap on NFT's for those who haven't had time to check out that article. I will strongly suggest you check out the article.......

Straight into the topic on NFT'S... so basically, NFT Stands for NON-FUNGIBLE TOkEN which in turn means a digital token issued or created to authenticate a good, service, or craftmanship.

In terms of cryptocurrency, one can create a digital certificate for one's assets.

The digital tokens can be thought of as certificates of ownership for virtual or physical assets, turning a digital file into a tradable cryptocurrency asset.

There are some key concepts you need to understand when working with NFT. It is just another form of interacting with the blockchain, and to set up you need a wallet, a network protocol such as ethereum, and also a popular NFT marketplace such as opensea, Mintable, Nifty Gateway e.t.c.

After creating and validating your wallets with any of the crypto exchange platforms, you then purchase a volume of ethereum as payment of the one-off fee of minting your token

Why ethereum? You may ask well basically ethereum is the leading blockchain network, which NFTs are built upon, every one minting NFTs use the technology.

Ethereum has a large market cap in the crypto ecosystem to sell your NFTs. There are other major platforms you can work with; earlier I mentioned openSea. Meanwhile, you can also trade your NFTs on other platforms such as eBay or Amazon. if you're planning on using openSea kindly note that you need to pay for initialization, which may cost around $30 to $300 depending on what file you're working on or token you're trying to create.

To set up your wallet I will strongly suggest you choose metamask or Trust Wallet.

Setting up a crypto wallet may look stressful but trust me it isn't as daunting as it may look! Search for metamask on your search engine download and install MetaMask through their website and follow the instructions carefully.

Once you successfully set up your wallet, you would immediately see a fox icon on your browser, click on the icon then a pop window will appear on your screen requesting you to set up a password and also display some random phrase, kindly write down or copy those phrase somewhere cause it of important, Note kindly keep this phrase somewhere safe cause when you lose the phrase you won't be able to recover the assets on that very wallet. After completing the whole set up you would see an option to buy sell or trade your crypto. I strongly advise you not to buy through metamask to avoid high gas fees. You can buy etherum from other P2p exchange platforms like BNB remitano e.t.c........ lest I forget when you set up metamask it automatically generates an Ethereum address.

After successfully sending ethereum to your metamask wallet head over to Opensea and sign up using your metamask wallet you would be prompted to input your metamask password to connect the wallet to OpenSea. You will also be asked to accept the terms and conditions. Once you successfully connect your wallet your profile is created successfully on openSea. Now you will have to verify your profile by providing some additional details; you need to provide a username and an email address. A confirmation code or link will be sent to you. Once you've verified your profile everything is all set up now. Its now time to create your first ever NFT's

Why you should mint NFT's

Although it may seem far from simple when starting out, but trust me creating NFT is easy peasy. One thing you need to know is that folks are really cashing out big time with this new technology. Let me draw your attention close..., a few months back some artists even sportsmen made tons of dollars from NFT's How you may ask? Well, take for example Jack Dorsey's first tweet sold for $2.9million, also a video clip of a Lebron James slam dunk sold for over $200,000 and a decade-old "Nyan Cat" GIF went for $600,000.

On November 10, 2021 the new york CNN business news channel recorded the highest NFT's ever sold, A collage images by digital artist Beeple sold for a whooping $69.3 million! yes you heard that right 😲 Trust me you really need to jump on this

I would work you through how to create your first ever NFT's and also how you can sell it and make a fortune out of it....... Note I'm not going to add any pictorial images in this tutorial, butfeel free to reach out to me if you need any help

Creating Your NFT's

In order for you to mint an NFT on OpenSea, click on the create button next to your profile picture, initially your profile picture would be set to Green on the top right corner.

You can mint Multiple NFt's, but in this article, we are only focusing on One. After clicking creating a page will pop up with some text field and an image box.

On this page, things start to get real! You're permitted to upload a supported file from your Pc as an NFT. You'll need to name your NFT, but no other action is required at this stage. You can do well to write a brief description.

As a First Timer, I strongly suggest you leave every other default field as it is and click the create button. After successfully creating your first ever NFT you would have something that looks like this ...

Note, your NFT is not listed for sale yet. To list your NFT for sale, click "sell" on the top right page, and then follow the prompt.

You can sell your NFT for a fixed price or you put it up for auction. If you list your NFT for a fixed price you won't be paying for the gas fees. Instead, the buyer would be the one to pay for it, and for auction, the seller pays for gas fees.

OpenSea will charge 2.5% as commission when you sell.

when you're done click on the complete listing, note opensea will require you to verify a few things through metamask before listing your NFT. As a first-timer selling on OpenSea, you will prompt to Initialize your wallet. This is when you tend to spend the ethereum you bought earlier from the P2p platform you transferred from.

For your wallet initialization, metamask will calculate the gas fee for you. if your crypto balance is not sufficient the confirm button will not appear on the other hand if you have enough you can click on confirm within a couple of minutes you should be done. You will also be asked by opensea to confirm the item for sale and also the price to complete the listing. After all, this is checked in. Hurray!!! you just minted your first NFT!

for additional information on Minting on other marketplaces kindly take a look at this post

Buying NFT's

Why are NFT'S worth millions?

what is NFT Market?

NFT's are blockchain-based digital items that could be a unit designed to be unique, unlike traditional cryptocurrencies which are meant to be interchangeably among users. NFTs are bought in a dedicated market, similar to how other cryptocurrencies

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