Learning How to Create and Sell Video NFT

The idea of producing an NFT video is really all about applying a stamp of authenticity similar to your copyright to your content and turning into a piece of art that cannot be copied. Learning how to create and sell video NFT works or any digital art collectibles is certainly something that many entrepreneurs are looking into as the market for non-fungible tokens continues to increase and cryptocurrency markets continue to grow. 

If you don’t fully understand the hype around NFTs, or why anyone would want to create and sell video NFTs, you’re certainly not alone! Think of it like any collectible or trend from years past. From the days when people would line the streets waiting for the next drop of Jordan’s at the Nike store to people lining up for the next iPhone, trends are incredibly common and popular throughout history and NFTs are essentially the digital equivalent.

What is an NFT?

An NFT is a non-fungible token or a one of a kind item on the blockchain. Each NFT is original, there are no duplicates and they are all unique. Non-fungible means that if you were to trade, one NFT for another, the outcomes of the trade would not be the same. Compare this to fungible tokens, such as bitcoin, where if you were to trade one bitcoin for another bitcoin, you would still have a bitcoin. Likewise, if you were to trade a non-fungible token or NFT for another NFT, you would not have the same like valued item as NFTs are unique or one-of-a-kind.

The idea of NFTs, particularly when it comes to art, including photos, videos, music, or similar creative works is that the NFT acts as a log in the blockchain ledger, and it is a unique initiation of digital ownership of an item, similar to a copyright, that cannot ever be altered. Within the NFT marketplace, collectors are able to create, purchase, and sell their own non-fungible tokens. In other words, anyone can learn how to create and sell video NFT items within the marketplace.

How to Create & Sell Video NFT

Before we go forward with details on how to create and sell video NFT, it’s important to note that an NFT video can literally be any video you create. You could create a short, 10 second clip of your favorite band playing at a bar, or you could produce a 30 second commercial showcasing your most valuable products or services, or you could create an hour-long movie. All of these videos have the capacity to become NFTs which you can then sell.

If you want to create and sell video NFTs, you’ll have to follow these steps:

• Step 1:  Create your Ethereum Wallet. Because NFTs are part of the Ethereum blockchain, you’ll need an Ethereum wallet in order buy and sell NFTs or to create NFTs that you would like to list for sale. Your Ethereum wallet is like your “account” to gain access to the NFT marketplace. Think logically when creating the wallet though, you want to keep it safe as you grow your cryptocurrency balance by buying and selling NFT videos
• Step 2:  Fund your Ethereum Wallet. Funding your wallet is essential because there are fees associated with initiating the process of turning any product or services in an NFT. Most marketplaces are going to charge you “Gas” fees in order to sell NFTs, and you might also be charged fees associated with initiating the NFT for your video. Any fees involved will be due in cryptocurrency, generally Ethereum which is why you need to fund your wallet. 
• Step 3:  Connect Your Cryptocurrency Wallet to the NFT Marketplace. Once you’ve created a wallet, funded it, and set up your account in the NFT marketplace, you’re going to connect the two. Once you’ve connected your wallet to the marketplace, you’re ready to start buying and selling NFTs.

Selling a Video NFT

Learning how to create and sell video NFT products is something that pretty much any creator can do once you’ve handled the steps listed above. All you have to do is create your video content, any video content you want to create and sell as an NFT is totally up to you the creator! You can create short videos, long videos, video clips, feature films.  Once you have produced your video, you can learn how to create and sell video NFTs by simply logging into the marketplace with the account you created earlier and choosing “Create” or “Sell.”

Most marketplaces will have a “Create” button that allows you to upload a file containing the video that you created. Once you upload your video file, you can enter other details as prompted by the marketplace such as the price, a name, the name of your “collection,” and a description. When entering these details, you should use descriptive words, and think about SEO, so that you will attract buyers to your NFTs. 

Once you’ve loaded your video files into the NFT marketplace, you’ll simply use your connected wallet to pay “Gas” in order to get your NFT video listed in the marketplace for original sale. You’ve just learned how to create and sell video NFT products in a few simple steps! You’ll be on your way to success in no time!