Due to the changes technology has made to the world we all live in, many new areas have been added to our lives. One of such aspects is digital assets known as non-fungible tokens. The world of NFT owns its hype and interests and many show courage to take a share in this world; even some see that as being a member of a social group or a big community with like-minded ideas. There are several ways to join the community: you either create NFTs or purchase them.
Minting an NFT or an NFT collection has been proved to make a good profit for the creators and develop the community and the market. If you are already familiar with the NFT world, you might have heard about successful NFT collections like Bored Ape, Cryptokitties, CryptoPunks and many others. In a quick look, you see that these projects include a collection of similar shapes and figures, though different and unique in some aspects, which is the main feature of a successful NFT collection. But you may just ask if it is possible to create 10,000 pieces all similar while different. The answer is yes! And, here, we explain how it works. In the following, we discuss all you need to know to create your NFT collection.
Steps of making an NFT collection
Research the NFT space
If you check well-known marketplaces such as OpenSea and Foundation, you see how amazing and weird the NFT space is. Projects come with different contents and sizes. Some are unbelievably creative while some are more tangible; however, almost all are unique in their features. A closer look at the NFT world makes you learn about its culture and language. It seems like every collection has its own personality and community; each one owns a storyline, value, goals and communication style, including Twitter, Discord, etc.
These all may bring the idea to your mind that a collection does not merely bring a number of NFTs to the market but, in fact, it develops a community where people with similar ideas come together and share feelings and thoughts. Therefore, it is essential to learn about the NFT space and market before just jumping to an NFT collection. Learn as much as possible about the NFT world, marketplaces, technologies and, generally saying, the culture. It helps you create a more acceptable, and more profitable, collection in the space.
Find a voice and a concept for your NFT collection
Have you noticed that the most successful collections have their own voice and characters? Bored Ape Yacht Club represents apes, make a guess with Cryprokitties! Think beforehand about what your NFT collection should own to be distinguished from all other projects. Is it a certain rare concept or symbol? Or a unique concept related to NFT space or real life?
Also, notice that your NFT collection needs to take the most advantage of the best technology in the blockchain world. Safety matters for sure as well as easy application. Then comes how to let others know about your upcoming project. All these are related to your knowledge about the NFT world, technology and communication strategies.
Develop a Roadmap for your NFT collection
Successful projects are determined by owning a roadmap and following it. A roadmap satisfies the followers and owners that the project team has short term and long term plans for their NFT collection. It also gives the idea to the investors if the project is going to be profitable in the future. Collectors may also check the future of the collection and decide to own some items from the collection.
The roadmap provides the progress horizon to the NFT community. The limit to a roadmap is the developers’ imagination on what they can do to further develop and support their community after the initial sale. Remember to stick to your roadmap and plan for it. Consider the time and actions you put on your roadmap if you wish to gain the trust of the community!
Create the art for your NFT collection
First thing first, you do not need to draw your NFT collection. You just need to use codes to help generate all the pieces. It allows you to create rare items by setting the rarity percentage for each trait. Traits could include color, accessories, fur, abilities and many other features.
Two major concepts to consider while creating a collection are design and technique. By design, we refer to the skill to develop a custom NFT collection using your own artwork and ideas. The techniques, on the other hand, refer to the particular understanding you develop about technical concepts such as blockchain, smart contract and running a program. You may use an algorithm (or a program) to generate custom shapes, colors and forms. As it can be unpredictable in nature, your collection includes rare and popular items, if the community likes the idea behind the collection. Therefore, each NFT will have its unique characteristics.
Besides, each collection comes with its different layers such as background, shape and custom. Background refers to custom background colors that the program can randomly use for each image. Shape calls for types of shapes or customizations you may wish to see in each produced image. And, custom defines the type of character you want to share as the focal point for your collection. The more details you look for to add to your NFT collection, the stronger it will be in the market and, therefore, more attractive. If you feel you need some help with designing, always ask for help from some experienced experts in the field.
There are lots of editing applications and programs to help you with designing. Some like NFT Inator not only help you generate a custom collection but also provide additional features such as metadata required for Ethereum, Solana, etc. Such platforms provide toolkits that make it easier to apply your ideas and gain the ideas you have in your mind.
Add traits and adjust rarity
Trait rarity is an important issue to make your NFT collection truly unique. The visual elements that you add to your project, such as Laser eyes, weapons, a cigarette or a drink, are the traits that you can decide to appear in each NFT. Since the traits could be shared among some pieces while some lack it, each generated NFT comes to be to a certain extent unique. Do not forget to set eye-catching traits only for a few items in your collection to make them super rare.
Code the smart contract for your NFT collection
All NFTs come with smart contracts which cause variation between projects. A smart contract is the foundation of all NFT collections. It clarifies the authenticity of the entire NFT collection. Nowadays, most NFTs run on Ethereum blockchain. The contracts (IPFS) define the codes that work on a percentage to allocate traits to each image and create the final non-fungible token. All data is recorded on the blokchain which is visible to all though impossible to change. Once the image is generated relative to the codes, the token is transferred to the address wallet and here is the final NFT. However, the onchain process is much more complicated than the simple explanation provided here.
Once you have your smart contract, you can plan to allow people to mint the NFTs. Remember that the process is not for free and it charges gas fees.
Choose the best platform to launch your NFT collection
At this step, you will need a website or launch pad to let people get access to your NFT collection and mint the items. Platforms such as OpenSea, Foundation, Rarity and many others out there provide options for launching your NFT collection directly from their platform. However, some sets limitations like another artist must invite you to be able to use the platform.
As you have the smart contract coded, you may join a platform and mint your digital assets. Platforms provide a mint button to make the process easier. pushing the button, you can interact with your contract and, in the case of a sale, connect to your customers’ wallets. All you need to do is to search for your desired platform and take the steps to get your NFT collection launched.
Here you can find how to create NFT on opensea.
In this article we explained Minting an NFT on Rarible marketplace.
Build a community for your NFT collection
Now, you need to be seen. There are social media to help you with that. Twitter is the first medium you need to join. Crypto Twitter is where all the NFT projects start their marketing with.
When you attract some audiences and find them interested in your NFT collection, it is time to invite them to Discord. Discord is a more interactive platform for the community where they can talk and share ideas and interests.
Finally, you should set up Collab.Land and run gated discord channels to only invite verifies audiences or NFT owners to get access to the chats around your NFT collection. It also allows you to share all the information about a new launch or official announcements from your team with those interested in your NFT collection.
Besides, if your project turns out to be successful, scammers out there may get the idea to attract the ideas of the people in the market. Discord channels provide a secure place to let your NFT holders get the official information on the collection and see what is really going on.
A final word
As there is a huge number of NFT collections available in the market, it is important to get a big number of audiences to make your project a success. Try your best to make a larger circle in the NFT world and remember to follow your roadmap, especially with dates. After launch, do your best to keep your members engaged according to your plans. Your project will be worth more and more if you run a hype in the market and take the right steps and plan to gain more attention.