OpenSea allows artists to easily upload NFT artwork and sell on their platform.
Create a collection
This is basically like setting up a social media profile. You add your name, basic information, profile images. You’ve got this part! 👊
In order to create your first NFT, hit ‘create’ in the header of the website. It will ask you to ‘sign’ the request with your wallet and once you do that you can upload an image/video/audio file, enter the name of the NFT and and properties or description.
There’s no charge for creating NFTs on OpenSea at the moment. Many other similar sites are charging what is called a ‘gas fee’ (transaction costs) but at the time of writing OpenSea is still FOC to add, they only charge to sell.
Listing your items for sale
To list your NFTs, head to asset page and press the sell button. From here you can set your price, it can be fixed or auctioned, similar to eBay. You can also set a commission fee, this is ensuring you get a percentage of any future sales. When you’re happy, hit post.
This is where a single initiation Gas Fee is incurred. The price can vary based on time of the day and demand on the system, at the moment charges range from $40-$100. This is a one off charge to activate your wallet, from here on there is no charge to list items.
OpenSea does take 2.5% of any sale you make. This is much lower than most other NFT marketplace websites. The great thing about this is you only get charged if you sell something. The 2.5% is automatically deducted from the sale amount as it arrives in your wallet.
There you have it. Your artwork is not for sale on OpenSea, it really is that easy!