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                              Why people sell NFT video for $760999 and how you can create your own

                              Just a few cases we happened to hear recently: Miami-based art collector Pablo Rodriguez-Fraile spent almost $67,000 on a 10-second video artwork. It wasn’t long since he decided to sell it as the NFT for… $6.6 million.

                              Do you find it marvelous? Let’s take look at the other example:

                              “Charlie Bit My Finger”, – the internet classic, one of the first videos people ever see on YouTube in 2007.

                              The video is really a rarity – there are few other videos that could compete with this one in virality. Recently we learned that it was sold as the NFT for $760,999. Therefore, it is no longer on YouTube.

                              Okay, even TikTok released its own collection of memes as the NFT.

                              Dinesh Vazirani, CEO, Saffron Art | Article about NFT

                              NFT | Darvideo Blog

                              How does it even work?!

                              Most NFTs do not stand by themselves, they are the Ethereum blockchain part.

                              NFT is actually a big deal right now and it is going to be even bigger in the future. Here is the thing. The Mona Lisa painting is the only one in the world and only Louvre owns it. But… What if any of us can make something meaningful, like a piece of art – in reasonable scales, we are not talking about another Mona Lisa – and want to make it the one original in the world? Well, NFT technology, concept and the whole mindset behind it allow anyone to make it real. Anything can be made as “one of a kind” – and actually never cease to be such a thing.

                              Olawale Daniel, entrepreneur | Article about NFT

                              To put it differently – anyone who has ever struggled with copyright on the created item can say farewell to it.

                              What is NFT anyway?

                              NFTs are non-fungible tokens — it means a very simple thing: you couldn’t exchange one NFT for another.

                              Another great driver of the NFT as a part of a decentralised world is transparency. It promises us something we never heard in the internet era:  no more fakes. How can it be possible?

                              NFTs are digital equivalents that prove ownership of the item — whether it is an animated video, musical album or even meme.

                              Myna Mukherjee, curator-director, Engendered - Article by Darvideo

                              What is the NFT marketplace?

                              It’s actually a very simple concept: NFT marketplaces allow digital collectors to buy, sell and create their own tokens. These tokens just represent that particular, unique item that belongs to one person exclusively.

                              The place – or places – where you can buy or sell these things, is marketplaces. The best thing is this: anyone can sell something. Or buy.

                              The biggest one? At the moment it is undeniably Opensea. The all-time volume is almost $10B.Instagram post. NFT

                              Katie Haun, a general partner at the venture capital firm Andreessen Horowitz

                              How to create your own NFT video?

                              First of all: it can be anything, even one of the photos you took at sunset. After all, the NFT game is all about turning artworks into pieces that can’t be copied.

                              Article about Non-Fungible Token | NFT

                              Okay, let’s proceed step by step:

                              • Set up an Ethereum Wallet. The first step in creating NFT is actually to create something else: a digital wallet where you will be able to store the cryptocurrency that is used to buy, sell, and create NFTs. Without the wallet, you couldn’t sign in and create accounts on NFT marketplaces.
                              • Buy some amount of Ethereum. Yeah, you’re going to need that. Most of the marketplaces will charge you with fees associated with turning any content into an NFT. So, your first NFT will cost you a bit of money, but it can bring you even more soon. And not only money.
                              • Connect your wallet to an NFT Marketplace. Now you are one step from creating your first NFT – you just have to connect your wallet to a marketplace that allows exchanging NFTs.

                              You are right there! Create an animated video, put it on the listing and you’re done.

                              Nyan Cat - NFT token

                              You have some cool digital art to share in a form of NFT. Right? Let’s make it step by step right now.

                              We are going to use as an example a marketplaceI called Rarible. Why? It is quite cheap, and it links to another giant – OpenSea.

                              Okay, shall we start?

                              • Go to Rarible.com and tap “Create”;
                              • Create a single or multiple collectible;
                              • Select “Choose File” to upload a file you want to PNG, GIF, MP3 or another file type. You are limited here –  max size is 30MB;
                              • Name your price or just “put on sale”;
                              • Enter in a name for your NFT and a description;
                              • Now you have to establish royalties;
                              • “Connect wallet and create”;
                              • Connect your wallet;
                              • Pay the “Gas”;
                              • Click “Start”. Here you will sign the sell order with your digital wallet.

                              You are there!

                              Grimes is the latest one to make a buzz on a market of NFTs. She managed to sell around $6 million worth of digital artworks at the auction.

                              A JPG file made by a digital artist Beeple sold for almost $70 million. It proves two things at once: we don’t know the extent of prices that can be achieved here and everything, even internet artefacts such as GIFs can be NFT.

                              Buyers and sellers

                              These represent two sides of the audience NFT consists of. With sellers, everything is quite clear: you put your works on the listings in order to sell things.

                              Buyers are basically those: NFT Art Collectors. Yes, that’s right! More and more people are not interested in merely buying one or two things, but getting a collection as a whole.

                              NFT Art Collectors looking for interesting artists, who create unique tokens. However, that is not it. NFT Art Collectors are also looking for those who make rare pieces of art.

                              Artists, designers, creators receive another value – they can protect their work from copying, but also may finally avoid being underpaid.

                              Beeple, artist | Darvideo

                              I am a creator. What can I sell as NFT?

                              Art – the most popular form of NFT. Right now, a lot of the most expensive NFTs are works of art.

                              Music – the second one most popular NFT. The reason is simple: musicians can keep roughly 100% of the money, which was impossible in the traditional ways of delivering albums or songs to the audience.

                              Trading Cards/Collectible Items – here it is possible to buy and trade virtual versions of trading cards on the market and own them as real things.

                              Memes – yes, you can buy and trade memes on the NFT market. If you happen to create a more or less famous meme – go make it NFT. No kidding.

                              Domain Names – you can register a domain name and sell it on the NFT market. It is a concept that makes them really unique and… non-fungible.

                              Animated videos and videos generally – anything from extremely viral videos to clips about your company, for example.

                              Does the story matter?

                              Many of us might think that the story behind NFT is the most important thing. Well, the famous examples, like the one with a viral video from YouTube sold due to this. But it doesn’t mean that any NFT should be like this. Most of the marketplaces are looking for those who create something interesting, meaningful right now without any story to back it up.

                              Hey, if you want to get an animated video and turn it into an NFT video that will be yours to own then make a request – our animators are true artists that can make any idea into a unique video.

                              You may also be interested in:

                              How animated videos can be NFT

                              Explainer Videos about 2021 trends in crypto industry

                              Why is animation a good fit for DeFi space?

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                              Stacy Swigh 29.10.2021 at 21:48

                              Honestly, I’m just amazed by this!

                              Joshuaa Lake 29.10.2021 at 22:33

                              NFT is definitely a new trend. Who would have thought of that a few years ago.

                              Rorry Sam 23.11.2021 at 03:40

                              What large sums people pay for it. Probably they really see this as a new art.

                              online canada 09.12.2021 at 15:11

                              I looked at all the examples in this article, it’s very interesting. My friends were delighted when I showed them.

                              Ron Eristy 15.12.2021 at 05:42

                              It is simply impossible to believe! It was extremely interesting to read this article!

                              Natalie Doxtern 15.12.2021 at 05:43

                              New trends do not cease to amaze. I wonder what will happen next)

                              Donna Checks 16.12.2021 at 19:48

                              Do not cease to amaze. Versatile blog. You cover many topics. It commands respect for you.

                              Monica YaRochchest 18.12.2021 at 17:41

                              I especially appreciated the last work. But others also have a zest. If these things have such a price, they should not be ignored.

                              Dani Locks 29.12.2021 at 20:55

                              It was very interesting. A pen article read by the whole family. Now thinking of becoming an artist)

                              William Sertoni 29.12.2021 at 21:00

                              Originality just hardens. But really it is original and deserves attention. Ordinary works of art, though interesting, are somewhat outdated. It’s time for new creative changes.

                              Merry Uliam 31.12.2021 at 06:16

                              I’m really impressed. Really it can cost such crazy money!

                              Crona Hailish 01.01.2022 at 14:21

                              The first video looks funny)

                              Erika Jouny 01.01.2022 at 19:41

                              NFT a new boom and now it is our reality. I do not see anything wrong with that.

                              Frank Taulon 07.01.2022 at 19:20

                              You have collected in your article the main examples of the most expensive NFT.
                              Thank you for covering the latest news!

                              Fens Pittersen 11.01.2022 at 23:27

                              Now we have the opportunity to create something meaningful in art. This is a chance to prove yourself.

                              Groun Mamint 12.01.2022 at 07:46

                              Everything is clear in detail. Thanks for the good article)

                              Perrice Rabis 12.01.2022 at 22:01

                              It is very interesting. I will definitely continue to study this topic in more detail.

                              Shelma 13.01.2022 at 21:08

                              I like to read about innovations, novelties in the world of culture. It’s better than just watching a movie or a show.

                              Karl Huis 14.01.2022 at 21:34

                              I have an idea for my startup)

                              Cennet Raul 16.01.2022 at 17:37

                              But these works are really cool. I would gladly buy it myself. But I do not have such funds)

                              Sella Rabbig 18.01.2022 at 02:59

                              I plan to invest in some significant work of art in the future. One day he will bring me wealth.

                              Hue Telmon 18.01.2022 at 17:38

                              The design project is just top. I would like such a house.

                              Vercit Lister 24.01.2022 at 04:54

                              Is it possible to try to create exactly the same project on your own? Will this be a copyright infringement?

                              Charles Hardert 01.02.2022 at 05:54

                              That’s funny. But I like it. There is something interesting in these works.

                              Vera Ullert 03.02.2022 at 13:49

                              Thanks a lot for the article. Interesting and exciting. New trends never cease to amaze 🙂

                              Siri Ellert 14.02.2022 at 15:20

                              What is the point of all these purchases? What benefit does it bring to the buyer?

                              David Bard 07.03.2022 at 03:38

                              Actually, it’s really very strange that people buy such things for such a lot of money.

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