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You Should Not Mint Your NFT art to Multiple Platform

I made a huge mistake by minting my photographic images into multiple sites. You should not do the same mistakes and here is why I am sharing this experience with you.

By Elvie LinsPublished 4 years ago 3 min read
Image created on canva by Elvie Lins

I have minted a few of my photographic and GIF art into a Non-Fungible Token. NFT can be a collection or one piece of art (projects, photography, videos, painting, old coins, articles, domain names, even comment on Twitter, etc) in the form of digital assets. Meaning we cannot touch it but we see the beauty in digital form.

Let me share with you what my experience is like for the 3 websites.

1. The Foundation — You can sign up for free. But you cannot publish or upload your art or start minting before someone invites you. So you need to find someone or wait until someone sends you an invitation. Good thing I gave up on Foundation. It is not for me.

2. Rarible — in Rarible, it was easy to sign up and it was free. You can start uploading your digital assets immediately.

Getting VERIFIED takes time but it is worth it. Once you are into Rarible, start uploading your art. Verify your account and go to EDIT PROFILE — send in verification for review. Below is how you on my Rarible account is being verified.

I find it is important that your account is verified. It is to build trust with NFT collectors or buyers to your projects or art.

3. Opensea — You too can sign up for free and immediately you can start uploading your art. There is no verification needed at opensea. This website is the most popular and the easiest to get it. But I feel alone in the Big Sea.

Screenshot from my Opensea account

What makes these 3 marketplaces different are the fees and commission they get when your art gets sold. There is so much to say about them and I let you have your experience when you try them all.

For my case, on Rarible, I did not pay to mint all of my art. It is the buyer who will pay later the cost of gas fees. (I have not sold one yet).

For Opensea — I paid the first (initial) gas fees when I mint using Ethereum. Minting the following art has no more fees. However, if you make some changes like you want to FREEZE your art on the Ethereum blockchain, there are additional gas fees involved each time you freeze an art.

Opensea, you can mint using Polygon Blockchain and it is free to mint on Polygon.

The old ways of selling to many platfrom is now outdated.

Welcome to decentralized World!

Unlike before, I lists my images as many platform as I can to make sale, this is no longer the case with NFT arts.

Selling art as NFT is not just about selling. You need a community. You need to participate in Facebook, Twitter, LinkedIn, Instagram, Discord, Telegram, and Whatsapp groups.

The Collector or NFT buyers are there hunting your art.

If the buyer finds out that you put up the same image into multiple or 2 different sites the collectors will be put off.

Because your art should be a unique piece and it shall be the only one out there that the NFT collectors shall see.

As an NFT art creator, you must think that it is not the MARKETPLACES that buy your art. It is the investor, those who have money looking to invest in a rare project or art that can give them high value in return for the future.

Think of it as the Bitcoin and Ethereum cryptocurrency. The value is going up or down.

In most cases, NFT collectors find you on social media because they want to know who they are spending money with.

Put yourself as an investor and you want to buy my art, if you find out that I am selling the same art piece to another person, for what value? You will be put off.

What I do now?

I am still using Rarible and Opensea platforms for obvious reasons that I have community with Rarible and I paid Gas fees with Opensea.

However, I no longer list the same NFT art to both platforms.

Thank you for reading.

cryptocurrency

About the Creator

Elvie Lins

Hi, I am a professional Photographer and self taught Digital Artist. I write about Travel, photography and life experiences articles or blog. You may like to check me at Opensea https://opensea.io/Elvie-Lins

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