Check These 4 Make-Your-Own-NFT Platforms
In the last two years, the non-fungible token (NFT) space has grown significantly, creating an entirely new asset class called crypto collectibles. Today, the NFT market is attracting established and would-be artists who want to cash in on the new digital collectibles hype.
Below, you will find a list of four make-your-own-NFT platforms that you can use to create (and potentially sell) your own crypto collectibles.
Mintable is one of the most popular names on this list. The web-based platform allows users of all knowledge levels to interact with the NFT market due to its focus on simplicity. Through the platform, users can mint ERC-721 tokens in a matter of minutes.
The process is seemingly simple and intuitive, akin to uploading content on social media sites:
- Create a digital content item beforehand (such as an image)
- Upload it to the platform via a link
- Create the smart contract with the push of a button and without any prior coding knowledge.
Mintable provides step-by-step instructions on how to deploy the NFT of your choice. Additionally, the platform allows the creator to put the digital item up for sale through its inbuilt marketplace.
Lastly, Mintable allows users to manage the NFTs they have in their wallets. Users can transfer their assets between the wallets they own, introduce access controls, as well as check the tokens they have in their wallets.
Async Art is somewhat of a new player in the NFT minting marketplace, launched in February 2020. Similar to Mintable, users can create, collect, and trade crypto collectibles through its platform. However, there are notable differences that set Async apart from its counterparts.
First, the platform is designed specifically for the creation and sale of blockchain-based digital art, more commonly known as crypto art. To stay true to its mission, the platform is not open to everyone. Artists looking to start creating on Async must first apply and be accepted into the platform by its creators.
Secondly, Async takes a novel approach to crypto art, taking it from the realm of memes and gifs into “true” art. The platform allows artists to create digital art pieces that change over time, due to their underlying structure. The art pieces are created in layers, with each layer tokenized. The final image, called the Master is also tokenized. Artists are able to write code that programs the layers to change according to their directions, giving the asset the ability to evolve over time.
Third, Async has a royalty structure that allows artists to get remunerated for their work. Artists receive 90% while Async takes 10% on the initial sale of programmable art, both on the master and the layer. Moreover, artists take a 10% royalty and Async takes 1% on secondary sales, a feature which is advantageous for artists, given that they typically do not receive proceeds from secondary sales in the traditional art sector.
SuperRare defines itself as a peer-to-peer marketplace for non-fungible tokens built on Ethereum (ETH). It is another NFT minting platform that requires artists to apply to be accepted into their Artists Network prior to creating on the platform.
Similar to Async, SuperRare supports the creation of authentically created one-of-a-kind pieces of crypto art, which can then be sold to buyers on the platform.
SuperRare displays the art in a style reminiscent of picture sharing sites, such as Instagram, allowing potential buyers to assess value and other relevant contextual details. Regular users can sign up at will and all transactions are handled in ETH. There is a 3% transaction fee levied on all trades, which is paid for by the buyer.
Artists are provided with guidelines during the process though it requires more technical know-how than say Mintable. For the first sale, creators receive 85% with the rest going to SuperRare. In secondary sales, creators receive a 10% aka royalty.
SuperRare explains this feature saying: “We think the ability to secure a percentage of secondary-market revenue for artists is one of the most revolutionary and exciting capabilities provided by Ethereum smart contracts. It’s analogous to a musician receiving a percentage of sales for a vinyl record issued, say, in the 1960s and still being bought and sold in used record stores today.”
Cargo allows businesses and individuals to tokenize tangible and digital assets on the Ethereum blockchain. The platform’s users can buy, sell, auction, trade, transfer, and store the ERC-721 token standard-based digital assets they create.
Using Cargo is not too complex for the average user as it does not require prior coding knowledge. Users can interface with the underlying blockchain through the Cargo dashboard, via the client-side library, or directly through the Cargo smart contracts. The dashboard is probably the easiest for the non-tech savvy to access.
Through the Cargo Dashboard, users can create contracts, mint tokens, and create a crate page. A crate page is the landing page a user creates on Cargo that shows off their minted tokens. Through the crate, users can interact with the contracts, buy, sell, and view what they own.
As the NFT market continues to grow, there is arguably a market for well-thought-out collectible collections that anyone with a good idea can create on one of the above-listed platforms.
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