How to Create an NFT Token for Free and Sell It on NFT Marketplaces: A Complete Guide

The NFT Creation Process

NFTs (Non-Fungible Tokens) are unique digital assets that can be used to prove ownership of specific items. Minting an NFT refers to creating it on the blockchain and registering it as a verifiable digital asset.

What can be an NFT? Essentially anything we own in the digital space. It can be a tweet, digital artwork in JPG format, or even a music album. With blockchain technology, artists from anywhere in the world can reach art collectors and sell their work securely.

The process of tokenizing digital assets involves gas fees. Most NFTs are created on Ethereum, though this popular network has high gas fees. To create and mint NFTs, you'll need a cryptocurrency wallet such as MetaMask, along with some Ethereum to cover gas fees. In this guide, we'll show you how to create and sell NFTs for free using both Ethereum and Polygon blockchains.

How to Create NFT Tokens for Free

To learn how to sell NFT art, you first need to choose an NFT marketplace where you can mint your NFTs for free. You'll also need a cryptocurrency wallet to pay fees and receive payments.

You can create and sell NFTs on many specialized platforms. We'll focus on the most popular NFT trading platforms: OpenSea and Rarible.

An important aspect of these popular NFT marketplaces is that they allow free minting of NFTs but still charge a 2.5% service fee (on the sale price) for each NFT sold. This fee structure makes it accessible for new creators while ensuring platform sustainability.

How to Create NFT Tokens for Free on OpenSea

Step 1: Install MetaMask Wallet

MetaMask is one of the most popular cryptocurrency wallets that works as a browser extension. If you haven't used it yet, download the wallet and create a new one by following the indicated steps. Remember to save your recovery phrase, as it will be essential for wallet recovery. You'll also need to set a password for the wallet.

The recovery phrase is crucial for security purposes. Store it in a safe place, preferably offline, and never share it with anyone. This phrase is the only way to recover your wallet if you lose access to your device or forget your password.

Step 2: Connect MetaMask to OpenSea

Go to the OpenSea marketplace and click on the wallet icon to connect your wallet. Select MetaMask and confirm the connection in your wallet. After connecting your wallet to the NFT marketplace, you'll be able to see your profile and create your first NFT.

This connection process is secure and allows OpenSea to interact with your wallet without having direct access to your funds. You maintain full control over your assets throughout the entire process.

Step 3: Create and Mint NFT for Free on OpenSea

You can choose between a single token or an NFT collection. We recommend minting an NFT collection, as they tend to be more successful than individual pieces. Collections allow you to build a cohesive brand and attract dedicated collectors.

Click Create. If you want to make an NFT collection, click on the account icon > My Collections > Create Collection.

For each item or NFT you want to create, you'll need to provide several details:

• Digital artwork (image, video, audio, 3D model)
• Name
• External link
• Description
• Collection
• Properties
• Unlockable content
• Supply
• Blockchain

Since we're discussing how to create and sell your NFTs for free, it's important to choose the Polygon blockchain instead of the default Ethereum.

Polygon is one of the best networks for NFTs and cryptocurrency transactions because it offers significantly lower fees and higher transaction speeds. In this case, it allows OpenSea creators to create NFTs for free without paying upfront gas fees.

Click Create, and your first NFT will be minted. The minting process on Polygon is nearly instantaneous, allowing you to list your NFT for sale immediately.

Step 4: List Your NFT for Sale

To list your NFT for sale, click Sell.

You can set your desired price for your NFT. Consider researching similar NFTs in your category to determine competitive pricing. You can choose between fixed price listings or auction-style sales.

After setting all the details, click Complete, and the NFT will be listed for sale.

Note that OpenSea charges a 2.5% service fee, which will be deducted from the price after the NFT is sold. This fee is automatically calculated and deducted when a sale occurs.

What Is Lazy Minting?

Lazy minting is a process that allows NFTs to be minted at the time of purchase (rather than creation) and was created to eliminate any upfront costs for new creators. Lazy minting is a feature available on the most popular marketplaces, including OpenSea and Rarible.

This method of creating NFTs was introduced in recent years because gas fees proved to be a problem for creators, especially those who are newcomers to the NFT space.

With lazy minting, it's possible to defer the cost of minting an NFT until it's sold to the first buyer. The data about it is stored in IPFS, a decentralized file storage system. This innovative approach democratizes NFT creation by removing financial barriers to entry.

The creator doesn't have to bear any additional costs to the platform. The gas fees are paid by the buyer at the time of purchase, making it risk-free for artists to experiment with NFT creation.

How to Create NFT Tokens for Free on Rarible

Rarible is a popular marketplace for NFT art. To sell NFT art for free on Rarible, you'll need a cryptocurrency wallet.

Step 1: Install MetaMask Wallet

This step is identical to the OpenSea platform. If you don't have a MetaMask wallet, install and create a wallet on your device. Remember to securely save your secret recovery phrase.

Step 2: Connect MetaMask to Rarible

Go to Rarible.com and connect your MetaMask wallet by clicking Sign In > Sign In with MetaMask. The connection process is straightforward and secure, similar to OpenSea.

Step 3: How to Create and Sell NFT Tokens on Rarible

After confirming the connection to the marketplace from your wallet and accepting Rarible's Terms of Service, you can click Create and create a new NFT on Rarible.

Choose the Ethereum blockchain and select Single or Multiple NFTs. Choosing "Multiple" means you want to create an NFT collection.

Next, you'll need to enter all the details about the new NFT:

• Digital file (image, video, audio)
• Offer type (fixed price, timed auction)
• Price
• Unlockable content
• Collection (choose Rarible for zero fee)
• Free minting (you must activate this)
• Name
• Description
• Royalties

It's important to choose the Rarible collection if you want to use the free minting feature. This is a crucial step that many new creators overlook.

You must also ensure that the free minting option is enabled. Checking this option means that NFTs are only minted when the NFT first sells on the platform, eliminating upfront costs.

After entering all the data, scroll down and click Create Item to create your first NFT token on Rarible. The platform will guide you through any additional confirmation steps needed.

How to Sell NFT Tokens

Now that you've learned how to sell your NFTs on OpenSea and Rarible, you need to focus on two main aspects of selling NFTs: building a community around your NFTs and promoting them effectively.

Building a Community

Creating a community around your NFTs is an important step for every new NFT artist. OpenSea and other popular NFT marketplaces use social proof to verify the authenticity of the artist behind the NFT art. OpenSea requires you to post at least one social media channel.

Set a goal to inform your audience that you're interested in NFTs. Spread the word when your first NFT collection drops. Experts recommend releasing a limited edition NFT to increase your potential profits and follower base.

Engaging with your community regularly through updates, behind-the-scenes content, and exclusive previews can help build loyalty and excitement around your work. Consider hosting AMAs (Ask Me Anything) sessions or virtual events to connect with your collectors.

How to Create and Promote Your NFT Collection

You need to learn how to promote your NFTs. You can't simply list them and expect people to buy them. Your NFTs should be promoted among your followers across all available social media channels. Most NFT artists and creative studios use Twitter, Telegram, Discord, and Reddit to stay in touch with their fans.

Develop a content strategy that showcases your creative process, shares your artistic vision, and highlights what makes your NFTs unique. Collaborate with other artists and participate in NFT communities to expand your reach. Consider creating teaser content, countdown posts, and exclusive sneak peeks to generate anticipation before your NFT drops.

Which Marketplace Is Better for Selling NFTs: OpenSea or Rarible?

It comes down to your community, already established fan base, different platform features, and personal preferences. Although there are several differences between OpenSea and Rarible, they tend to borrow features from each other.

Ultimately, these are the two most popular NFT marketplaces and they are quite similar. However, one important difference is the ability to mint NFTs on different blockchains. OpenSea offers creators the option of Ethereum or Polygon. Rarible offers creators the ability to mint NFTs on Ethereum, Flow, and Tezos.

Another feature available on Rarible is the ability to apply for a verified badge, guaranteeing "legitimacy." This verification can help build trust with potential buyers and distinguish your work from unverified creators.

Consider testing both platforms to see which one resonates better with your target audience. Some artists successfully use both marketplaces simultaneously to maximize their reach and sales opportunities. Pay attention to the community culture on each platform, as this can significantly impact your success as an NFT creator.

FAQ

What are NFTs and why would I want to create and sell one?

NFTs are unique digital assets verified on blockchain, allowing creators to sell original digital art, music, or collectibles while ensuring ownership and authenticity without intermediaries.

What are the free NFT marketplaces where I can list and sell my NFTs?

Popular free NFT marketplaces include OpenSea, Rarible, and Nifty Gateway. These platforms allow you to list and sell NFTs with minimal or no listing fees, making them ideal for new creators.

What blockchain platforms and tools can I use to create an NFT without paying gas fees?

Use Polygon or Solana blockchains for low-cost NFT creation. Mint directly on OpenSea by selecting Polygon as your blockchain. These platforms offer significantly reduced gas fees compared to Ethereum, allowing you to create NFTs affordably.

Do I need to know coding to create an NFT token?

No, you don't need coding knowledge. No-code platforms allow anyone to create and mint NFTs easily through user-friendly interfaces. Simply upload your digital assets and follow the steps to generate your NFT token.

What file formats and metadata are required when creating an NFT?

Use standard file formats like JPEG, PNG, MP4, or GIF for your NFT. Metadata must be in JSON format, including name, description, image URL, and custom attributes. Ensure decimals are set to zero when minting.

How do I set up a digital wallet to receive payments from NFT sales?

Download a digital wallet app like MetaMask or Trust Wallet, create an account with a secure password, and connect it to the blockchain where your NFTs are listed. Your wallet address will automatically receive payment when NFTs sell.

What are the risks and legal considerations when selling NFTs?

Key considerations include intellectual property rights protection, anti-money laundering compliance, tax obligations, and regulatory uncertainty. Ensure ownership verification, clear licensing terms, and compliance with local virtual currency laws to avoid legal issues.

How can I promote and market my NFT to increase sales?

Leverage social media platforms, collaborate with influencers, and engage communities through Discord and Twitter. Use paid ads, create compelling content, and participate in NFT communities. Consider podcast appearances and strategic partnerships to expand your reach and drive sales growth.

What is the difference between creating an NFT and creating a cryptocurrency token?

NFTs represent unique digital assets with distinct ownership, while cryptocurrency tokens serve as fungible units of value for transactions. NFTs are ideal for art and collectibles, whereas crypto tokens function as tradable currency or utility tokens.

Are there any hidden costs or fees I should know about when selling NFTs for free?

While selling NFTs for free, you still incur gas fees for blockchain transactions and may face royalties on secondary sales. Marketplace fees can also apply depending on the platform you choose.