You’ve probably heard about recent attempts by creative professionals to make a fortune off NFTs if you work with or know many artists in the field. Can selling NFTs genuinely lead to financial success? Certainly. But is it simple? Is it assured? Does it suit everybody? Definitely not.
NFT money is a hustle, much to how YouTube stars (most of whom rose to fame in the 2010s) didn’t merely “switch on a camera and chat about random stuff to earn millions of dollars.” I regret that there isn’t a quick fix like a magic medication.
Qualifications for NFT Digital Artists
An NFT might be anything from a piece of digital art to a whole album or song. Even designers of clothing are joining the NFT fad. Artists of different ages and from all over the world are dominating the crypto art industry, from Fewocious, 18, to José Delbo, 87.
To create your own NFTs, you don’t need to be an artist (non-fungible tokens). The trend may have been originated by designers and artists, but that doesn’t mean you can’t cash in on the success. Sincerity be told, all you need to create an NFT is possession of a piece of media.
Here are some guidelines and abilities needed to establish a successful presence as an artist in the NFT industry.
Consistency
Just like with everything in life, failing to plan is planning to fail. You’ll need a routine, a course of action, and the discipline to stick to it as you embark on your NFT journey. Every successful NFT artist has a unique, effective approach.
Still, some ideas for maintaining consistency include picking a theme for your work and sticking with it, creating a sizable body of work that is cohesive, monitoring your marketing tactics every day, promoting yourself online every day, working even when you don’t feel like it, etc.
Understanding the world of digital art
In a field you are unfamiliar with, there is little point in attempting to achieve. It simply would not be possible for a musician to achieve success if they did not comprehend the nuances of label agreements and management obligations.
Being a successful artist nowadays means playing both within and without the rules, within and without the playbook. It involves embracing new trends while remaining aware of tradition.
The most well-known artists of today aren’t always the best artists; rather, they are the artists who have the most market knowledge and have succeeded in getting into prestigious institutions like galleries, museums, and auction houses.
And in the field of digital art, the most well-known NFT and digital artists are those who have succeeded in creating a unified and identifiable brand around their work online. Most art critics are still skeptical about classifying everything that flows through the NFT market as “art” because it is still relatively new.
Go for it if you want to specialize in trade cards, character design, CryptoKitties, or CryptoPunks. There might as well be where the future of art was. But whatever you choose to do, do it with pride and professionalism.
Create a brand around it, grow your fan base around it, and create a digital image for yourself as an artist. That is how to understand digital art, which is a subset of the newly emerging crypto art.
Confidence
You must maintain your composure and carve out your own niche in the complicated NFT environment. Do your study and trust your instincts rather than being naive. You’ll need to create a following and entice your initial customers. At start, the profits won’t necessarily be very high.
With time, things will start to stabilize for you…feels familiar? Yes, trying to make it as an artist in the real world is precisely like this. But it is possible; all it needs is persistence. You must be passionate about both your own art and the mysterious technology we call the “internet.”
Though the digital art community can be challenging to influence, doing so can be very rewarding. Both achieving success and maintaining your mental health depend on how you approach the process.
You will succeed as a great NFT digital artist if you persist in producing high-quality work and marketing it, if you don’t give up after the first setback, and if you maintain a proactive and enthusiastic attitude.
Understand the digital economy
You’ll need to be aware of Ethereum’s value and develop the ability to track fluctuations over the course of a week. Its greater volatility compared to the dollar can work in your favor or against you depending on the timing of your buy or sell decisions.
You’ll also need to find out how to use that virtual money to cover your real-world expenses. You’ll need to learn a bit about blockchain protocols if your artwork starts selling successfully in an NFT market in order to avoid fraud.
In these marketplaces, collectors are prepared to support their favorite artists, while some speculators want to raise the price of specific works in order to increase their profits.
Understanding the internet market also involves being aware of the possibility of selling to a complete stranger who just happened to come across your artwork.
Perform research
The rules of the game have not yet been fully established because the idea of NFTs is so fresh. Some people are attempting to take the simple route by selling works of art whose copyright they do not own.
NFTs are simple to replicate, which is a big problem. Copyright is a significant problem, and this post on NFTs and copyright will assist explain some of the key points. Plagiarism is still plagiarism, though, and should never be used in a market that is new or old.
You might get ideas for fresh and original works of art by looking at what other artists have been producing. One of the most gratifying qualities in this new realm of digital art is originality.
You might gain inspiration to produce something fresh and original by looking at what other artists have been producing. In this brand-new realm of digital art, originality is one of the most rewarding qualities.
Checking what has already been sold and what has not yet been considered for sale is always a smart idea. Create opportunities for interaction with your audience through your sales; for example, make it fun for them to try and collect as many of your products as possible and give rewards to those who do.
Promote Yourself
You’ll need to be really active on social media to sell well in an NFT market, build an audience, and start assembling collectors. Building a brand is a process that takes time, but it is worthwhile.
People are more likely to consider purchasing from you when your brand is well-known and when you come off as an approachable designer. It’s crucial to have an active social media presence.
Your art may be displayed to a big audience on Instagram, and Instagram stories provide you the chance to engage with your followers. Make sure you regularly publish new stuff. Starting small is acceptable; in fact, it’s the only way to get going.
Selecting what you can realistically handle is important because keeping many social networks updated is tough. Instead of four or five unimpressive profiles on various platforms, it is preferable to have one that is truly stunning.
Make sure that the look and name of your brand are consistent across all of your social media platforms. Make it simple for your fans on one platform to locate you on others.
NFT markets have discussion boards similar to Discord where you may communicate with other NFT digital artists, respond to their inquiries about topics you’ve already mastered, and ask them about topics you’re still attempting to understand.
Continually update
Anyone who wants to register and begin minting NFTs to sell on certain platforms, such Rarible and OpenSea, can still do so. And if you win them over and demonstrate your value, you can obtain a badge attesting to your artistic legitimacy.
Other NFT markets, however, are more selective; they have a screening process, inquire about your background, and prefer artists who have a following.
You can submit an application to get entry into the more exclusive marketplaces once you start performing well in the most democratic ones. Markets with fewer participants benefit from more visibility and lower levels of competition.
It might be really difficult to become a successful NFT Digital Artist, therefore you must pursue it with enthusiasm while remembering to enjoy the journey.