A Guide to Minting Your Own NFTs on BNB Chain

Non-Fungible Tokens (NFTs) have enjoyed an incredible rise over the past year, even going down as the Collins Dictionary Word of the Year. As unique and non-interchangeable crypto assets issued on the blockchain, they have come into their own with respect to art, gaming, music and as a means of representation. The market growth has been more than impressive, shifting from $350 million to over $15 billion in just the last year.

Over the next few weeks we'll be offering you an incisive three-part guide on how you can create your own NFTs before then attempting to launch them on different marketplaces and establishing your very own dedicated community.

What Does it Mean to Mint an NFT?

Don’t get discouraged by the term ‘mint’, think of it as simply meaning new. When you mint your NFT you will be tokenizing a digital file with cryptography and thereby create your own ‘new’ NFT.

Tokenization refers to the fact that you will be changing an asset (a painting, photograph, song, video, the possibilities are endless!) into a digital token that you can move, store and, all the while record on the blockchain. Minting an NFT can be done by anyone, and while there are many options the three impressive marketplaces that make this process easy on BNB Chain are NFTrade, Galler and Tofu NFT.  

While NFTrade offers a simple route for you to directly mint your own NFT, Galler and Tofu NFT also offer a practical process that allows you to launch an already established collection. For the purpose of simply creating your NFTs in this first part of our series, we'll be focusing on the easy steps offered to users by NFTrade.

Explore Minting Options

Here on BNB Chain we want to offer users a seamless experience in minting their own NFTs for whatever purpose they see fit. From giveaways to record-shattering sales, NFT collections on BNB Chain keep breaking the ceiling and pushing forward. You can now initiate your own digital art with ease.

This is the exciting part. NFTs can represent effectively any kind of digital file, whether it be a JPG, PNG, GIF, WEBP, MP4 or an MP3. What this means is that you simply put pen to paper, or pick up an instrument or a camera and bring your vision to life, ensuring that it will live on forever on the blockchain.

You can even determine the specific utility you want your NFT to hold, perhaps they will be tickets to an event you are planning, or a track you hope to make a hit single- there is so much for you to explore. We'll be investigating this more closely in our upcoming piece that will help you build your own community.

Let’s take a look at the easy process you can undertake to bring your vision to life:

NFTrade

Using NFTrade you can enjoy an extremely route to creating your first collection.

First Step: When you have ensured that you have completed your masterpiece, whether it be a drawn design or even a song- you are ready to take the plunge into the world of NFTs. After accessing NFTrade you will be required to connect your relevant wallet- you can use WalletConnect or indeed your Coinbase Wallet. This will then allow you to access the simple form that will send you on your way to creating your first NFTs!

Second Step: After you have prepared your digital file and finalized your masterpiece, all you have to do is access NFTrade’s Create page and upload the specific file that you have prepared.

Third Step: You will then be asked to give your NFT a name. This is an important consideration as you begin to consider whether it will be part of a larger collection. If you do decide to make it a part of a larger collection, you must include the relevant descriptive aspects that make this specific NFT unique. Whether it’s the colors used, or the inspiration behind the idea, all of this helps determine what sets this NFT apart.

In listing the properties of this particular NFT, you will consider what its relevant value is in respect to other NFTs within the collection. Consider all the particular properties, whether it be shape, color, sound or any other aspect, list these all down. Alongside this you will describe the value of this particular property. If this is a ‘golden’ NFT for example, you can discern the value of this particular color.

Fourth Step: The final step is the easiest of all. After you have completed the relevant properties of your NFT, you will simply decide which collection to include it in and can then begin adding as you please. Remember to approve the relevant conditions once you have read them and voila! You have made your very own NFT!

Not too difficult, right? Well this is just one part of a larger process that will help your collection thrive. In upcoming weeks we'll hone in on how you can begin applying for listings on popular BNB Chain marketplaces like Galler and Tofu NFT. The final part of our series will focus on the creative ways you can establish a community and draw out the utility of your NFTs.

Join us next week as we help your collection take its next steps!

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