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Author Topic: Selling NFTs...Where to start?  (Read 271 times)
Mpamaegbu
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March 19, 2024, 02:24:46 PM
 #21

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Well some nfts wort to be display at all. I have tons of nfts on my wallet that are useless too came from galxe and some airdrops. But some are worth it too and requirements for some airdrop tokens later on. If you hold some that gains value then sell it mate.
For airdrops and galxe tasks, I don't even know if they actually look at the NFTs subscribers mint to allocate rewards to them as that's what projects usually say while the hunt is on.
Could that be why you think all those you got from doing airdrop tasks aren't useful?

For me, the NFTs I don't even want to contemplate minting whenever I stumble on tasks demanding minting them are the ones on the ETH chain. Doing anything that requires paying with ETH seems to be exploitative. Gas fees are incredibly high compared to other chains. Even a common swap, let alone bridge from any chain to ETH or the other way round, is crazy. I wish Vitalik Buterin and his team would do something about that, though 🙄

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March 19, 2024, 02:44:18 PM
 #22

For airdrops and galxe tasks, I don't even know if they actually look at the NFTs subscribers mint to allocate rewards to them as that's what projects usually say while the hunt is on.
Could that be why you think all those you got from doing airdrop tasks aren't useful?
Some did used the oats/nft as criteria for their airdrop even with galxe and some platform for nft.

Well depends I had a lot that are useless now and not usef for that basis anyway thats a tiny gas fee or close to free upon minting.

For me, the NFTs I don't even want to contemplate minting whenever I stumble on tasks demanding minting them are the ones on the ETH chain. Doing anything that requires paying with ETH seems to be exploitative.
Well its your choice mate. Some hefty airdrops that needed some mint on eth are worth the risk though. I have even bought some even on eth for that purpose. Always a big risk.

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March 20, 2024, 01:00:29 AM
 #23

Let's say I've created some NFTs and I want to sell them on any of the NFT marketplaces available. How do I know which marketplace is the most popular?

https://dappradar.com/rankings/nft/marketplaces

Top 10 market based on the dialy volume. I will take blur, magic eden, tensor and opensea as the recommended places to sell your NFT, but this is only my suggestion for you. It's hard to sell our own NFT these days caused by people are only willing to buy NFT that could give them more benefit.
The better to participate in the any campaign like testnet campaignt hat will give you NFT pass or genesis pass as a reward. You can exchange it with a few hundreds of bucks.

And how do I attract sales? Also, which Blockchain has the highest NFT trading volume?
It's hard to do that since you should have reputed as a seller. Blur still holds the biggest volume among the NFT marketplace.

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March 20, 2024, 06:55:27 AM
 #24

just an additional tip is to promote it on famous social medias. nfts are usually well known and well hyped in social media apps just like x in particular i see a lot of nfts being sold every time i scroll down x or twitter i am sure that you can attract more buyers through being part of a community once you find a buyer of nft they will introduce you to someone who also buys and so on so on….

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March 20, 2024, 07:29:00 AM
 #25

Opensea has been one of the most popular NFT marketplaces that I have heard of. Lots of NFTS have been listed over there. I am not saying it is the only marketplace for selling NFT in the web 3. If you take time to do more research, you will find more reliable platforms.

If you’re into Polygon, I suggest LimeWire.com this is what i use for now. I am only recommending what i know i have tested and trusted for you.

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March 20, 2024, 01:41:30 PM
 #26

Now you've asked two questions here: how to select the marketplace available. For this you have to consider certain factors like engagement in the marketplace, community building and the volume of trading available. There are some well known platforms like opensea and foundation etc. You can easily choose marketplaces by doing a thorough research on the points mentioned above.

Now the second question is whether you need to choose a polygon or sol network. So it depends upon whether you are price conscious or speed conscious. Sol offers a high speed transaction but at higher fees on the other hand polygon offers low transaction fees but slower transactions compared to sol. So it's your choice.

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March 20, 2024, 02:22:49 PM
 #27

To be honest, does anyone here actually sell their NFTs, their art, to real customers? Are there people willing to put out their money to buy digital images on NFTs? I don't have anything against NFTs because I buy NFTs for games all the time, but for art, I don't think so.

 
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March 20, 2024, 02:29:06 PM
 #28

Now you've asked two questions here: how to select the marketplace available. For this you have to consider certain factors like engagement in the marketplace, community building and the volume of trading available. There are some well known platforms like opensea and foundation etc. You can easily choose marketplaces by doing a thorough research on the points mentioned above.

Now the second question is whether you need to choose a polygon or sol network. So it depends upon whether you are price conscious or speed conscious. Sol offers a high speed transaction but at higher fees on the other hand polygon offers low transaction fees but slower transactions compared to sol. So it's your choice.
You said everything correctly - the main thing is not that some collection of NFTs is placed on the market, but that it has a trading volume. I myself use Opensea, but this mainly applies to NFTs in Polygon and BSC chains; for Solana I use Magic Eden. Moreover, MA launched their own crypto wallet and very busy developing the infrastructure around the market.

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March 20, 2024, 05:13:14 PM
 #29

To be honest, does anyone here actually sell their NFTs, their art, to real customers? Are there people willing to put out their money to buy digital images on NFTs? I don't have anything against NFTs because I buy NFTs for games all the time, but for art, I don't think so.
I still have some NFTs I'm holding that I can't sell. I think the NFT community is silently fading out and people are mostly interested in buying tokens and holding them so they could make more money since we are already in the bull market.
There are many NFT projects I know that are mo more and many invested a lot of money to keep the project on high magnitude but still don't survive in the market for a longer time. The NFT market is still trending but not like we used to know.









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March 20, 2024, 05:29:05 PM
 #30

Let's say I've created some NFTs and I want to sell them on any of the NFT marketplaces available. How do I know which marketplace is the most popular? And how do I attract sales? Also, which Blockchain has the highest NFT trading volume? If I launch my own NFTs (digital art) it would be on either Polygon or Solana chains.

Any suggestions and/or recommendations would be greatly appreciated. Thanks. Smiley

Opensea is the oldest NFT marketplace. Prefer polygon network as the listing fees is zero. So you do not need to make any upfront payment. If you are serious about selling NFTs, you need to invest in marketing heavily. Otherwise your NFTs will remain unsold like millions of other NFTs in the market.

Honestly, NFT is a dead thing. If you want to experiment, go ahead. But don't have high hope.

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March 20, 2024, 05:47:13 PM
 #31

Let's say I've created some NFTs and I want to sell them on any of the NFT marketplaces available. How do I know which marketplace is the most popular? And how do I attract sales? Also, which Blockchain has the highest NFT trading volume? If I launch my own NFTs (digital art) it would be on either Polygon or Solana chains.

Any suggestions and/or recommendations would be greatly appreciated. Thanks. Smiley

Opensea is the oldest NFT marketplace. Prefer polygon network as the listing fees is zero. So you do not need to make any upfront payment. If you are serious about selling NFTs, you need to invest in marketing heavily. Otherwise your NFTs will remain unsold like millions of other NFTs in the market.

Honestly, NFT is a dead thing. If you want to experiment, go ahead. But don't have high hope.

that's how I see it as well. there are not many people interested in buying some overpriced JPG but if he has some special art he created himself i think one can sell it. it just needs to be very special.

i wanted to create something like this for a long time but i would prefer to create NFTs when the value of ETH goes way higher that i can only pay a few gwei.
how do you market an NFT if you are to sell?









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March 20, 2024, 06:50:31 PM
 #32

To be honest, does anyone here actually sell their NFTs, their art, to real customers? Are there people willing to put out their money to buy digital images on NFTs? I don't have anything against NFTs because I buy NFTs for games all the time, but for art, I don't think so.
I have never sold my own NFT art. I have a collection of NFTs just for specific purposes such as NFT IDs of various networks for airdrop missions. like the NFT lens, I regret selling quickly various airdrops with large allocations with the condition of keeping the NFT lens. like having the advantages of each NFT

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March 20, 2024, 10:03:41 PM
 #33

For me, the NFTs I don't even want to contemplate minting whenever I stumble on tasks demanding minting them are the ones on the ETH chain. Doing anything that requires paying with ETH seems to be exploitative. Gas fees are incredibly high compared to other chains. Even a common swap, let alone bridge from any chain to ETH or the other way round, is crazy. I wish Vitalik Buterin and his team would do something about that, though 🙄

Yes. High gas fees suck. Luckily, we can mint NFTs on L2 networks or alternative chains that are faster and cheaper than ETH. If you still want to use the main Ethereum blockchain, then you'd need to wait until fees decline to make your move. Vitalik and team are forcing us to move to less-decentralized and less-secure L2 networks, instead of focusing on scaling the main ETH blockchain. Totally not worth it, imo. ETH should've separated consensus and execution of smart contracts into different layers to keep the main chain free from network traffic. Sort of how Avalanche is doing with its 3-layer design (consensus layer, execution/contracts layer, transaction layer).

NFTs usually come and go, so why bother about ETH anyways? I've chosen Polygon as my blockchain of choice for launching NFTs due to its lower fees and faster speeds. The chain is tied to ETH's network security, so I've got nothing to lose. At least, it's a better option than Solana. Grin

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March 21, 2024, 11:49:34 PM
 #34

To be honest, does anyone here actually sell their NFTs, their art, to real customers? Are there people willing to put out their money to buy digital images on NFTs? I don't have anything against NFTs because I buy NFTs for games all the time, but for art, I don't think so.
People are here for the worst and good days in the market. The market tends to be broad enough for every trader to milk the system, it's not an easy race we found ourselves but keeps all hope alive because we're responsible for every steps taken in the market. Non-Fungible Tokens do have their seasons to pump in the market, every sector have their specified time to shine. NFTs are promising but that's absolutely not my field, I've other targets where I can fully stand and start triggering actions for my enormous profits.

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March 22, 2024, 06:20:44 AM
 #35

I don't think you can sell NFTs by yourself. People buy NFTs because they are looking for something, and most people join crypto because they need money. Can your art make them money? I think it is very hard to make that become a reality unless you are a famous artist.

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March 22, 2024, 04:39:42 PM
 #36

Always look for where the community grouped up in most cases. Some stuff like decentralized projects, such as uniswap or pancake or whatever you can find, they are usually at telegram, some stuff like launches and all that could be found at discord for example, you get to see whitelists there and so forth.

NFT is a highly social media oriented one, it is mainly instagram and twitter which means that first you need to lock that down. How? Well after you create your NFT's, which I suggest making randomized and not customized and lets assume that they are going to come out, they are not out yet, you start to do marketing on social media.

What can you do? Tweet replies to other big NFT crowds in those spaces, and get people to be interested, pay for some ads, make deals with influencers, basically grow your follower base, but organically, do not pay for followers, that fake follower thing will hurt you. When you have actual people following you, then you can release it and make a lot of money.

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April 01, 2024, 05:10:06 PM
 #37

Always look for where the community grouped up in most cases. Some stuff like decentralized projects, such as uniswap or pancake or whatever you can find, they are usually at telegram, some stuff like launches and all that could be found at discord for example, you get to see whitelists there and so forth.

NFT is a highly social media oriented one, it is mainly instagram and twitter which means that first you need to lock that down. How? Well after you create your NFT's, which I suggest making randomized and not customized and lets assume that they are going to come out, they are not out yet, you start to do marketing on social media.

What can you do? Tweet replies to other big NFT crowds in those spaces, and get people to be interested, pay for some ads, make deals with influencers, basically grow your follower base, but organically, do not pay for followers, that fake follower thing will hurt you. When you have actual people following you, then you can release it and make a lot of money.

Attracting buyers into your NFT collection is quite a challenging task. Not only the quality of the NFT matters (the content), but also which marketing strategy you choose for long-term success. I still haven't published my NFTs on the Polygon blockchain because I'm waiting for market prices to decline. But once they do, I'll go for it. Especially when Polygon is one of the cheapest ETH-based chains on the market. Arbitrum was another option, but it doesn't have as big of a userbase as Polygon has.

It seems that buyers these days are looking for some sort of perks/rewards with their purchase. Especially when I saw how BAYC (Bored Ape Yacht Club) rose to fame in an instant. If I'm lucky, I'll use the proceeds to invest more in ETH. It's bound to go to $10k after the approval of spot ETFs. Considering that NFTs are still a thing, I'd say the craze will never die for as long as crypto lives. Wish me luck! Cheesy

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