How to Make an NFT for Free and Sell It: A Beginner’s Guide

Making money by creating and selling NFTs has become alluring to digital creators looking to make a living. However, high minting fees have become a deterrent, creating a barrier to entry for artists and creators who cannot afford them. Fortunately, you can now create an NFT for free and sell it on leading marketplaces. Read on to find out how!

What is an NFT?

An NFT (non-fungible token) is a unique digital asset that “lives” on a blockchain, enabling verifiable digital ownership of a wide range of different objects and assets. Unlike cryptocurrencies, which are divisible and fungible, each NFT is unique.

NFTs can be used to represent various digital and physical objects, from digital art, real-world art, music, collectibles, investment funds and more.

NFTs are created (minted) and stored on a blockchain such as Ethereum, BNB Smart Chain or Solana. This means that they can be easily bought, sold or traded on different exchanges or NFT marketplaces.

One of the main advantages of NFTs is that they are unique and non-replaceable, making them ideal for collectibles, games and other uses where uniqueness is important. NFTs also have the advantage of being stored on a blockchain, making them secure, transparent and easy to trade.

Since NFTs can help create value when sold in exchange for cryptocurrencies, they have gained popularity as a way to make money. This has opened doors for creatives worldwide to showcase their work, earn royalties from them and avoid exploitation by middlemen. As such, any artist, including beginners, can create and sell NFTs online (even for free).

Read on to learn how you can create and sell an NFT using Rarible, one of the best NFT marketplaces.

How to make an NFT for free and sell it on Rarible: A step-by-step guide

Creating an NFT on Rarible is easy and only takes a few minutes. Here are the steps you can follow.

When you create an account with a blockchain-based platform, you need to connect your crypto wallet. Your first time using this type of platform may be different than using apps like Facebook and Twitter. These sites use social media accounts or email to log in. However, blockchain-based platforms require you to use your crypto wallet.

Rarible supports a wide variety of wallets, including MetaMask, WalletConnect, Coinbase Wallet, Portis, Torus, and MyEtherWallet.

In this scenario we will use Metamask. To connect your MetaMask wallet, go to Rarible.com and click the “Connect Wallet” tab at the top right of the page.

After selecting a wallet, such as MetaMask, a pop-up will appear asking you to approve the login request.

Once the wallet is connected, you will be able to make your first NFT!

To do this, click on the avatar* at the top right of the page, then click on the “Create” tab.

On the next page you will be able to choose which blockchain you want to create your NFT on.

Rarible supports multiple blockchains, including Ethereum, Solana, Tezos, Flow, and Polygon.

The next step is to decide whether you want to mint a single exclusive non-fungible token or whether you want to mint multiple tokens of the same work.

Next, you have to choose what kind of NFT you want to create. For this tutorial we will create an NFT image.

After choosing the type of NFT you want to make, you need to upload your image. Make sure your image is in PNG, GIF or WEBP format and is under 100MB in size.

The next steps include filling in the title, description and type of sale you wish to offer for your NFT.

Next, you set the royalty price – the amount you want to earn for each resale of your NFT.

You can also add extras like secret links or downloadable content so your NFT can be created and ready to be listed for sale.

Finally, you have the option to choose to mint your NFT for a fee or publish it for free.

If you post it for free, you pass the gas fees on to the first buyer. This process is called “lazy minting” and while it may save you upfront costs now, it will result in a higher price for your NFTs to collectors.

Marketplaces The Allow gas fee free NFT Minting

Now let’s take a look at where you can make your NFTs for free.

Rare

Rare is an NFT marketplace where you can create and sell NFTs. It can be a good choice if you want to sell art-focused or photography-focused NFTs. It supports Ethereum, Flow and Tezos blockchains.

On Rarible you can sell individual NFTs or entire collections. Since it supports Tezos, your fees for minting will be low (it costs only $0.5 to mint an NFT). With their “lat minting” feature, you can also create an NFT for free and have the buyer pay gas fees when they buy it.

Rarible has its native token called RARI. By holding RARI tokens in your wallet, you get to vote on any new items that developers want to be added to the platform.

Open sea

Open sea is a popular NFT marketplace that supports all types of digital assets, from virtual worlds and collectibles to artwork, photographs and audio recordings. Creating an NFT on OpenSea is easy.

OpenSea supports various blockchains including Ethereum, Polygon and Klatyn. You can also trade with more than 150 different cryptocurrencies. Since transactions usually happen on Ethereum, expect to pay a higher gas fee on transactions. However, OpenSea recently launched its free coin option. However, keep in mind that they charge 2.5% on all transactions on the platform for processing.

OpenSea is currently the largest NFT marketplace on the market. It also allows content creators to charge a substantial 10% royalty fee.

Binance NFT

Binance is a leading crypto exchange with an NFT marketplace that offers excellent opportunities for anyone who wants to create on a well-supported platform.

If you are looking for an alternative marketplace with lower fees, Binance NFT may be what you need. It only charges 1% per transaction and allows you to withdraw your money in fiat currency. If you already own Binance tokens (BNB), buying and selling on the marketplace becomes even easier due to the native support.

To trade on Binance NFT exchange you need to use BNB, BUSD or ETH. And because of its huge size and excellent partnerships with creators of new tokens, Binance NFT has become an excellent and appropriate place to launch your first NFT.

Binance charges 0.005 BNB to mint an NFT on its platform. However, the first 10 are free to emboss.

Nice gateway

Nice gateway is responsible for some of the largest NFT sales in history. For example, Beeple’s CROSSROAD, one of the most expensive NFTs, was sold on Nifty Gateway for millions of US dollars.

If you’re working on a premium collection, Nifty can be a great place to create it. Unlike other platforms, Nifty uses “open editions”, which create an unlimited number of variations of your work for a limited time, and are sold at a fixed price.

The creator is not allowed to issue more NFTs once the timer has expired. This creates a high level of exclusivity that leads to increased sales for creators. In addition, creators can also choose to receive direct payments from the sale of the collection in fiat currency.

Nifty Gateway does not charge any coinage fee for transactions on the platform. In addition, it lists non-fungible tokens that are for sale on external platforms, such as OpenSea.

As you can see, it’s easy to create an NFT for free and sell it on a marketplace like Rarible. You can also make NFTs without having to pay gas fees on platforms like OpenSea, Rarible and Nifty Gateway.