NFTs present a compelling value proposition for buyers and sellers alike. 

From the seller's perspective, you can create and sell your art without the traditional hurdles complicating things and stealing your profits.

On the other hand, buyers are able to prove ownership of an item and potentially see it appreciate over time while reaping a variety of other benefits from exclusive access to the community side of things.

Whether you’re looking to mint your own work of art to sell or you want to start collecting NFTs, this guide is for you. We’ve got the top tips on how to get into NFTs for beginners below no matter the role you want to play in this fascinating digital revolution.

But if you’re here looking for tips on how to find upcoming NFT projects, look no further than Pudgy Penguins. Our brand was born when 8,888 cuddly penguin creatures were minted on the blockchain in 2021. Since then, we’ve come to be known as one of the best NFT projects for radiating positivity and playfulness. 

Learn more about our brand or see what’s available right now through our marketplace!

Overview of NFTs

First things first, what is an NFT and why should you be interested in learning how to get into NFTs? 

Non-fungible tokens (NFTs) are digital assets representing ownership of a unique item or piece of content using blockchain technology. Unlike cryptocurrencies such as Bitcoin or traditional money, which are fungible (each unit is the same as every other unit), NFTs are unique. They carry distinct properties that aren’t interchangeable.

At the core of NFTs is the ability to prove “provenance” - the history of ownership. This is recorded on the blockchain, a decentralized digital ledger that records all transactions across a network of computers. 

When you purchase an NFT, you receive a certificate of ownership that is immutable, meaning it cannot be copied, altered, or disputed. This technology is central to the NFT benefits, which include:

• Digital Ownership: NFTs provide a way to own digital goods that can range from art and music to entire virtual environments. Blockchain technology makes this ownership secure and verifiable.
• Support for Creators: NFTs empower artists and creators by enabling them to monetize their digital works directly. Artists can sell their work anywhere in the world and retain more control over their prices and ownership rights.
• Unique Experiences and Access: Many NFTs provide access to unique experiences, such as virtual events, exclusive content, or direct interaction with creators.
• Community and Belonging: Buying NFTs often grants membership in a community of like-minded individuals who share interests in specific digital realms or art forms. This can enhance the value of NFTs through shared experiences and networking.
• Fun and Novelty: The world of NFTs is innovative and fast-paced, offering new ways to interact with technology and digital ownership. Collecting NFTs can be a fun and engaging hobby, connecting you with cutting-edge digital trends.

So, let’s talk about how to get info NFTs for beginners, starting with tips for those who want to buy and collect these unique digital assets. 

How to Get Into NFTs for Beginners as a Buyer

Becoming an NFT collector is a thrilling journey, but one that requires careful planning and a thorough understanding of the technology itself. So, here are some tips on how to start with NFTs as a buyer.

Choosing a Type of NFT

The first step in your NFT journey is to decide what type of NFT interests you - from digital art to music, virtual real estate, and collectible items in games. The possibilities are endless! Each has its place, but you need to narrow your focus to just one type: 

• Digital Art: Perfect for those who appreciate art and want to support artists directly.
• Music and Videos: For fans looking to own exclusive releases or special editions.
• Virtual Real Estate and Items in Games: Great for gamers and those interested in virtual worlds.
• Collectibles: Ideal for those who love collecting unique digital items, like trading cards or limited-edition models.

Understanding what excites you about NFTs will guide your decisions and enhance your experience in the market.

Is it being able to say you’re the sole owner of a piece of art and proudly display it as a profile picture across socials? You probably know what NFTs to buy - stick with art! You can’t go wrong with Pudgy Penguins specifically, as you gain access to a whole new world through our art.

Are you trying to experience gaming in a whole new way? A few examples of NFTs that may be of interest to you include Axie Infinity or Cryptokitties. 

The point is, figure out what you hope to get out of your NFT journey and start to research your options accordingly. A great starting point is browsing the best NFT marketplaces.

Top Marketplaces to Browse on

Marketplaces are where you’ll actually transact with the NFT world - buying and selling specific items with others in a secure manner. This is also a great place to weigh your options and see what’s available within your budget if you aren’t sure where to start with NFTs.

Just as there are a variety of NFT styles, there are tons of different marketplaces you have at your disposal. Each has different specialties, fees, communities, and more. Here are some top contenders:

• Magic Eden: Our marketplace of choice here at Pudgy Penguins with more than 22 million monthly visitors.
• OpenSea: Known for its vast array of NFTs across different categories.
• Rarible: Similar to OpenSea but with a unique feature that allows creators to issue their own governance tokens.
• SuperRare: Focuses on single-edition digital art, making it ideal for art collectors.

Setting Up Your Digital Wallet

One of the most common questions we get asked here at Pudgy Penguins is, are NFTs safe? When you understand the nuances of NFT storage, you will understand how to keep your NFTs safe. 

A digital wallet, also known as a crypto wallet, is necessary to buy, hold, and sell NFTs. You will have digital keys for this wallet so that nobody can access it but you, which makes safeguarding these details essential. 

As far as specific wallets we recommend, there are plenty of options. MetaMask, Trust Wallet, and Coinbase Wallet are all reputable providers. Each has its benefits, depending on whether you prioritize ease of use, security, or mobile access.

Once you’ve chosen a wallet you simply need to follow the installation instructions, create your wallet, and write down your recovery phrase in a secure place. This is for recovering your wallet if you lose access.

Then, finish up by funding your wallet with cryptocurrency like Ethereum (ETH) through your wallet interface or transfer it from an exchange. This currency will be used to buy NFTs. We have tips on how to transfer NFT to another wallet in our blog.

Purchasing Your First NFT

Now comes the fun part - actually buying your first NFT and beginning this exhilarating journey. Connect your funded wallet to the marketplace you’ve chosen and begin scanning for projects that excite you and align with your goals and budget. 

Depending on the marketplace, you can either place a bid in an auction or buy the NFT at a fixed price. Follow the instructions to complete your purchase.

Confirm the transaction in your wallet, paying attention to transaction fees known as “gas.” Once confirmed, the NFT will be transferred to your wallet. Congratulations, you’re a proud owner of an NFT! 

For more specific insights on navigating the buying process, read our guide on how to buy NFT on OpenSea.

Now What?

After purchasing an NFT you can display it (if it’s an art piece) as your profile picture, or in a digital art gallery of your choosing. But the real benefits of NFTs come from engaging with communities on Discord or Twitter to connect with other collectors and creators.

You may even get access to in-person meetups and other exclusive benefits that come with ownership. Take the time to learn about what you’re getting with your purchase so you can make the most of the experience.

You can hold on to your NFT for the long haul or use it as a stepping stone to find your next opportunity. When the time comes, you may want to resell it to make room for a new purchase.

How to Start Selling NFTs

What if you came here to learn how to start selling NFTs? There’s no better place to learn than the brand behind the minting of 8,888 adorable penguin creatures, leading to a worldwide movement!

We’ve done it ourselves and are here to offer tips on how to get into NFTs for beginners looking to create and monetize their own digital works. Here’s how it works…

Coming Up With a Vision

The first step in selling NFTs is to conceptualize your digital asset. You may already have something in mind, but if not, take your time and let creativity come to you. This is the most important step, of course.

This vision can stem from various inspirations, whether it's art, music, digital experiences, or any unique digital creation that can be tokenized on a blockchain. Ask yourself questions. What makes your NFT unique? Is it art, a piece of music, or perhaps an innovative digital experience? 

Whatever the case, this will help you develop an understanding of who is likely to purchase your NFT. This will shape not just its design but your marketing strategy (more on that later).

Often, the story behind an NFT can enhance its appeal. Whether it’s the process, the inspiration, or the purpose, a compelling narrative can connect emotionally with potential buyers.

The Minting Process

The actual NFT minting process is what turns a project from a simple .jpeg file into a unique digital asset with provenance. This process is how you get your project on the blockchain.

Most NFTs are typically minted on Ethereum due to its widespread use and support, but other blockchains like Tezos or Binance Smart Chain offer lower transaction fees.

This begs the question, how much does it cost to create an NFT? Unfortunately, there is no one-size-fits-all answer. Gas fees are constantly changing based on market activity. But you should be prepared to pay this fee to get your project live.

Whether it's a JPEG, MP3, GIF, or 3D model, ensure your file is ready for minting. Then, choose a platform to list it on - be it OpenSea, Rarible, or Mintable. These platforms provide user-friendly interfaces that guide you through the minting process in greater detail.

Upload your file, fill in the details (title, description, properties), and then mint your NFT. Then, pay the gas fees and your project will be on the blockchain in no time!

Listing Your NFT for Sale

Once your NFT is minted, it’s time to list it for sale. Take your time to research similar offerings on the market to get a better gauge on how you should price the listing. 

You obviously want to earn as much as possible on the sale, but you also need to sell the item quickly to cover your gas fees. Plus, the longer your project sits on the market untouched, the lower its perceived value. There is also the consideration between a fixed price or an action-based sale. 

Provide a clear, appealing title and a detailed description that highlights the uniqueness of your NFT. Good visuals and storytelling can increase engagement.

Marketing Tips

There are many ways you can find a buyer for your NFT beyond putting it on a marketplace and waiting around anxiously. You can leverage social media platforms like Twitter, Instagram, and Discord to share your NFT projects. 

Collaborating with other artists or influencers can help reach a broader audience. Offering exclusive previews or additional content to NFT holders can create more interest and value.

Closing Thoughts on How to Start With NFTs 

Whether you're buying your first NFT or stepping into the creator's arena to mint and sell your digital assets, we hope this guide on how to get into NFTs for beginners has left you with a clear understanding of your next steps.

Find more resources in our blog about how NFTs will change the world, why are NFT so expensive, when did NFTs start, what are digital collectibles, are people still buying NFTs, and more.

But if you’re still wondering how to get into NFTs for beginners, take your time to explore Pudgy Penguins. Whether you’re a buyer or a seller we have something to offer you.

Sellers can learn a lot from the way we’ve created value for our community and the importance of storytelling. On the other hand, buyers can dive headfirst into one of the most exciting digital movements the world has to offer.

Beyond being able to purchase your own NFT here at Pudgy Penguins, we also have exclusive penguins merch and penguin toys as the first web3 brand to take things back into the physical realm. That includes penguin figurines , penguin stuffed animal, and penguin collectibles.

Each of these toys comes with its own digital adoption certificate with unique traits that can be activated via Pudgy World, a bustling digital realm where you can embrace the Pudgy Penguins brand like never before via games, community building, and more.

So, take a look around and see what catches your eye. There’s something for everyone at Pudgy Penguins, and we can’t wait for you to join our ever-growing family!

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