Creates an NFT drop on optimism 🎈

Metaversal is one Bankless newsletter for weekly levels on NFTs, virtual worlds and digital collectibles

Dear Bankless Nation,

OpenSea, the NFT marketplace juggernaut, doubles down on layer-two (L2) scaling solutions.

Last week, the stock exchange added support for Arbitrumand this week it followed up by doing the same for Optimism:

Of course, the L2 NFT scene is still very young. Still, that’s partly why this scene is so interesting right now, as it’s at the border of the NFT ecosystem.

If you are the pioneering type, you may be interested in finding a place in this frontier by launching your own L2 NFT collection. NiftyKit is a no-code NFT launchpad that supports Optimism mint, so let’s walk through the basics of this project for today’s Metaversal.

-WMP

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NiftyKit is the builder of DropKit, a no-code NFT launch tool that makes it easy for creators to customize and launch their own NFT collections. The resource currently supports minting on Ethereum, Polygon or Optimism.

DropKit is one Bring your own belongings system similar to the no-code launchpads I’ve previously written on, viz Bueno and Asynchronous Art.

In other words, once you’ve developed your visual assets – e.g. backgrounds, bodies, etc. – you can upload them as organized folders to DropKit and start customizing your collection towards completion. For example, the NiftyKit team has previously demonstrated how to use the HashLips art engine to generate assets.

As for DropKit’s NFTs themselves, they can be minted as regular ERC721s or as ERC721A tokensthe latter of which are gas efficient and suitable for larger droplets.

To use DropKit, you must beat or buy a DropKit pass and then “activate” it, i.e. stake it. A Basic Creator Pass, the most affordable pass option, is available for 0.15 ETH on the NiftyKit website. In addition, the floor price of these NFTs at OpenSea is currently ~0.13 ETH.

If you get a DropKit Creator Pass, you must activate NFT on NiftyKit to unlock the DropKit toolkit. For this, you simply connect the relevant wallet to NiftyKit and then tap on Activate Pass button — then you sign a transaction, and then you’re in.

Note that you cannot transfer or sell the Creator Pass while it is activated. To transfer or sell on a secondary marketplace like OpenSea, simply go to your account settings on NiftyKit and apply Manage DropKit Passes button to perform a deactivation transaction.

Let’s say you have Creator Pass enabled and your first visual assets organized into a single folder, so you’re ready to go. At this point, you can follow these steps:

1. Go to app.niftykit.com and log in with your wallet

2. click on Create button at the top of the page and then select Loose option in the drop-down menu

3. Select I have already generated my assets and I confirm that I am a legitimate creator options, and then tap Continue

4. In the subsequent pop-up window, select the network option Optimism and then whether you want to mint your collection as a basic ERC721 or as an ERC721A

5. Fill in your collection details (eg collection name, token symbol, primary address, royalty percentage, etc.)

6. Print Create now and complete the subsequent transaction to complete your smart contract

7. Now you get to the collection dashboard, where you see Import metadata and Add NFT options; use the former to mass upload assets via CSV, JSON, etc.and use the latter to add individual NFTs to your collection

8. Use NiftyKit API or IPFS to upload and store your metadata

9. Then use the collection dashboard to customize the parameters of your public sale, such as the NFT primary sale price, revenue splits, and more

10. Once everything is set up the way you want, use Start public sale button to start the NFT drop on Optimisme! You can also pause sales later if you need to and withdraw any earnings using the same dashboard

Note that once minting begins, your NFT collection should appear on OpenSea and Optimism’s first NFT marketplace, Quixin a short time.

L2s are extremely promising for making UX around NFTs very fast and very affordable. And no-code NFT launch tools like DropKit are extremely promising because they abstract a ton of technical work away from the NFT launch process. When you add Optimism and DropKit together you get a friendly user experience all around and it’s a step forward in the current NFT minting scene.

William M. Peaster is a professional writer and creator of Metaversal– a bankless newsletter focused on the rise of NFTs in the crypto-economy. He has also recently contributed content to Bankless, JPG and more!

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Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell assets or make financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

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