NFT advanced as a buzzword after being associated with digital artwork, trading tokens, animal pictures, PFP (profile picture), and online gaming. Non-fungible tokens have become a major digital topic throughout the year. In fact, they are now considered one of the top trading options in the market.
The extreme rise in its popularity and continuous advancements in blockchain technology has opened numerous gates for NFTs.
Now, if you’re a little confused about what exactly does NFT offer? You must know, NFTs provide their owner with proof of ownership of an item (that exists digitally) and preserve its own for future transactions through digital signatures.
What Exactly Are CryptoPunks?
CryptoPunks is one of the oldest platforms that has thousands of NFTs listed on it. That’s the reason it is the most popular PFP NFT in the market.
Yes, CryptoPunks belong to the PFP (profile picture) category; wherein several avatars are generated programmatically with different traits such as Face, Head, etc… Some of these traits show rarer attributes, and hence are valued higher.
CryptoPunk has existed since the beginning of the NFTs realm. Back in 2017, they launched some 10,000 punks on their platform, which were procedurally created and claimed by users for free.
With years into developing PFPs, a dedicated group of people began swapping these photos. Soo, renowned poker stars, YouTubers, big business figures and venture capitalists took initiative to make PFPs what it is today.
If you search, you will find, the cheapest punk will cost you around $30,000 in Ethereum cryptocurrency. And the ones that are rarest will cost approximately $10 million in the market today.
Isn’t all this just so exciting?
It surely is exciting enough to create your own NFT like CryptoPunks, and nurture it for future market trading; isn’t it?
Roadmap To Create NFTs Like CryptoPunks
1. Select Your Art
Choosing your artwork is the first step. So, you must get some idea of how you want your artwork to look. You can also refer to the web to get inspiration for the same.
Deciding the kind of artwork will make further steps easy for you.
You will have to decide whether you want to create an NFT in the form of a digital painting, a video, a text, a text, or anything that can be reproduced as a multimedia file. You can literally reproduce anything as a multimedia file.
Choose the artwork wisely, as the NFT game is all about converting a digital file, which is a unique piece.
2. Actions To Design/Code Your NFT Artwork
- You can prefer a 24*24 or 32*32 canvas on an image editor application that suits your pixel art program.
- Prefer avatar’s face style, hair, mouth, eyes, and other features in the right pixels, as you may desire.
- Go layer by layer i.e. create elements in different layers. For example, design a face on layer 1, lips on layer 2, cheeks on layer 3, and so on.
- Make sure you export each image as a png, making it easier to combine images in a script.
- Have a designated script folder and make a directory with a recognisable name. Further, have a directory for the selected face, lips, cheeks and so forth.
- You can then install a preferred programming language to unite the script’s photos with suitable e-code.
3. Access To Some Ether
To build an NFT, you will have to pay a fee, and the price will be variable.
Ever heard about Ether? Yes, the crypto token of Ethereum blockchain; you will have to keep some of them handy for the success of your project.
During your research and brainstorming, you might have understood that creating an NFT project similar to CryptoPunk might cost you a hefty amount.
Now, why we are asking you to have only ether handy, not any other crypto? Well, Ethereum has been one of the most popular NFT development blockchain platforms and most NFT platforms support it as well.
So, if you don’t have any ether with you, you can maybe use simple wallet apps such as ‘MetaMask’ to save and manage crypto. For better assistance, you can reach out to any NFT development company or consultant. They can help you complete the project at a feasible cost.
4. Choose Your Marketplace
Once you created the artwork and have sufficient funds to launch it, you need to select the marketplace to advertise your unique NFT.
If you have scrolled through NFT markets, OpenSea, Mintable and Rarible are some prominent markets to list NFTs. Now since these marketplaces are free to join, you can just list your NFTs on your preferred marketplace. You must note, to sell NFTs on the site, you don’t need to be an approved artist. This also implies these platforms list numerous digital trinkets that no one is going to buy.
Fact: OpenSea is the first NFT marketplace to mark a protocol revenue of 9.2 m USD.
5. Creating Your NFT
So, you have created your artwork and connected it with a marketplace as well. Now is the time to actually mint an NFT of the artwork.
After connecting your ETH wallet to the NFT marketplace, you can now create your own collection and save your work on the marketplace. It’s an easy process, every time you create an NFT, upload your artwork, and provide all the details you are asked for.
Once you’re done filling in the details, you can click the ‘Create’ button and voila! You have just launched one of your own NFTs on the web.
But, the process has not yet been completed.
6. Trading Your NFT
Lastly, if you’re entering into the NFT market to make some money; this is the most important step for you. In order to get the right bids for your digital asset, you need to showcase your original artwork as NFT.
Participate in the auction process to create wealth from the NFTs. And given the pace at which trading occurs on CryptoPunks, it won’t be long for any digital asset lovers to notice your outstanding artwork.
Takeaway
NFT Market Cap has marked a 3242.8% Year-on-Year growth; which explains the opportunities available for wealth creation.
Who knows you might end up as an owner of a digital Mona Lisa.
We hope that you got the answer on how to create NFT-like Cryptopunks. If you’re genuinely interested in building an NFT and are looking for the right people to discuss your idea with, Systango can help!
We have a vast team of skilled blockchain developers and consultants who can help you with quality development solutions and guide you through all the steps required to build an outstanding NFT token. Our experts leverage their expertise in offering comprehensive services — from NFT rollouts to dApp development and other blockchain services.
Originally published at https://www.systango.com on December 30, 2022.
