Why You SHOULDN'T Make NFTs

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NFTs Simplified

NFTs Simplified

Күн бұрын

Пікірлер: 647
@NFTsSimplified
@NFTsSimplified 3 жыл бұрын
Come say hi on Instagram! --> instagram.com/aprilynnealter
@diamondglitchesava
@diamondglitchesava 2 жыл бұрын
Followed on IG! Best wishes on all your endeavors! ❤️❤️❤️
@NFTsSimplified
@NFTsSimplified 2 жыл бұрын
@David Genda Not yet, but I can add that to my list!
@solomonthilakar.j2234
@solomonthilakar.j2234 2 жыл бұрын
Aprilynne Alter: I'm on the lookout for a good, side hustle. Can you please suggest me something genuine and affordable...plz
@Lilspooxz
@Lilspooxz 2 жыл бұрын
so fine for wha?
@user-sx1to7zu1o
@user-sx1to7zu1o 2 жыл бұрын
did u send me a whatsapp help line number? somebody is pretending to be u.
@PortersX2Ray
@PortersX2Ray 2 жыл бұрын
“Let me tell everyone why you shouldnt make NFT’s so that the competitions stays low for my crappy ones”
@alamicrodev6526
@alamicrodev6526 2 жыл бұрын
LOL
@marshalljulie3676
@marshalljulie3676 2 жыл бұрын
Someone had to say it 😂
@DrastikkVEVO
@DrastikkVEVO 2 жыл бұрын
Exactly 🤦🏽‍♂️😂
@gilbertdaroy6080
@gilbertdaroy6080 11 ай бұрын
Yeah, bottomline.
@mindfireart7843
@mindfireart7843 3 жыл бұрын
My brain hurts. This sounds like selling and buying stocks, which to me, is also confusing…😩 I’m an old school artist still getting used to social media competition and now nft’s? I want my mommy…
@zonderblu
@zonderblu 2 жыл бұрын
Lol 😂
@bodyofhope
@bodyofhope 2 жыл бұрын
Same!
@mouparia8448
@mouparia8448 2 жыл бұрын
Me too🤣🤣
@jgalvan09
@jgalvan09 2 жыл бұрын
It’s because the education system robbed people from finance and art.
@BantanaAudio
@BantanaAudio 2 жыл бұрын
If you don't think this is stupid chances are you haven't thought it through fully.
@sirsnausages2164
@sirsnausages2164 2 жыл бұрын
NFTs are like buying a sandwich and getting the receipt. Go out and buy a new car or something.
@obijan42
@obijan42 3 жыл бұрын
TL;DR: you need to get people to gamble their money on automatically generated icons, which they don't really care for but hope to make a profit on. Las vegas wants their slot machines back.
@jougen
@jougen 2 жыл бұрын
nft is the most toxic thing that has ever happened in the creators community
@jgalvan09
@jgalvan09 2 жыл бұрын
Lmaoooo sounds like you’re broke in NFTs.
@bland9876
@bland9876 2 жыл бұрын
The only reason people are buying nfts is to hope to sell them for more money later than this is exactly like the tulips. Aka history repeating itself.
@theyumandiaz
@theyumandiaz 3 жыл бұрын
April this was so sharp and clear I just flowed through it easily. Keep it up, very well written and executed. So how can we artists and designers participate in this new functional NFT trend? How can we market ourselves into the space and bring value into it whilst making it profitable?
@NFTsSimplified
@NFTsSimplified 3 жыл бұрын
Thanks so much! Honestly, I recommend finding & collaborating with a technical partner - someone who can manage the generative algorithm and help form a smart contract for the functional NFT. You'd be able to contribute to the visual art side of it!
@prabhukannan4660
@prabhukannan4660 3 жыл бұрын
@@NFTsSimplified yes this is a good idea. There's so much work Involved in the marketing itself, better someone else handles it. But how to make a smart contract and what is this ?
@BrainFogDanellesReviews
@BrainFogDanellesReviews 2 жыл бұрын
What's the point of buying art that you can't display for people to see? Ohhh. U wanna post it on your ig? Then I'll screenshot it and everyone sees it for free. This is so dumb. Do you have any idea how much energy these computers take just to send numbers? It's disastrous. Just stop.
@DstrokeTV
@DstrokeTV 2 жыл бұрын
These comments are suspicious
@jn9336
@jn9336 2 жыл бұрын
If your not famous celebrity, influencer or big corporations , like nike,adidas ,yeezy , you will lose money in the long run if your buying no name general low quality nft , if your selling unique high quality artistic nft, like beeple, you could make a lot of money. This is basically a worse form of hypebeast culture in digital realm. At least In hypebeast culture you get real product you can use . Ppl are making money now because this is new . When everything settles only the top 10 percent will make money just like the stockmarket . My advice don't buy , sell and take the money and run .
@kathypinyerd3084
@kathypinyerd3084 2 жыл бұрын
The problem with NFT's beyond the huge waste of electricity to run, is the lack of accountability. As an artist if your work is stolen and sold as an NFTs nothing will be done about the theft. It is the perfect marketplace for Art thieves, and if you're a Artist why support a community that has no regard for anything but the profit line?
@JohnBelley86
@JohnBelley86 2 жыл бұрын
Got to edit your audio, i had to tap out half way through. Just a tip: take your audio track and run 4-band compression and a De-esser on it, bring down the 4 bands until you hear the peaks even out. That sound of ceramic tiles sliding around on S's T's P's it's not your voice, it's the mic picking up your voice and since different pronounciations in reality come out at different volumes the mic peaks. You can fix this by compressing and evening out the lows and highs of spoken words and then removing the SSSSS with the de-esser. It's very easy to do, a few clicks and you'll sound a million times better.
@user-mishasmp
@user-mishasmp 2 жыл бұрын
Remind me people who can tell you why you shouldn't do anything because everything is so hard, good luck loosers who will listen to this, keep watching KZbin
@occultya
@occultya 3 жыл бұрын
You can also put it that way: If you don't like twitter don't bother NFT's as 90% of the nft community is on twitter If you're planning on selling nft art Instagram/artstation/facebook etc won't do anything for you especially if you're just a digital artist who just makes art you might even get hated for trying to put your art on the blockchain good example of that is artist named WLOP who has a huge patreon follower count and made his patreons really angry by putting out an nft. The thing is nft artists doesn't have too good of a opinion in the community outside of twitter I'd reccomend everyone to stay awyay from nft's unless you're really set on twitter and can make it work or you're someone like beeple.
@yuriajones
@yuriajones 3 жыл бұрын
The Twitter connection is very important. I've made that observation myself. However, I have seen some artists on Instagram promoting their work on that platform.
@occultya
@occultya 3 жыл бұрын
​@@yuriajones Yes indeed there are some small nft communities around instagram but those are usually closed circles of friends supporting friends outside of that nft's are a hated concept when it comes to instagram due to large pandemic of bots shoving nfts in everyones face and as u can guess everyone hates it
@mertmitm
@mertmitm 2 жыл бұрын
Great video! I absolutely hate how a lot of people in the NFT community are so secretive or insincere about their intentions. They say that it's all about art, but it isn't. Money and investment are the primary interest in this business, hence why I'd say that it's actually harder for newcomer artists to start out in the NFT business than the actual art business.
@NFTsSimplified
@NFTsSimplified 2 жыл бұрын
There's a lot of shady sh*t with the NFT world currently. But I'm hopeful for what the landscape looks like 5 years from now!
@darkheliboi
@darkheliboi 2 жыл бұрын
Being honest I only agree with the audience part in the NFT market, it is really hard and you need to put a lot of effort into it if you want your collection to lift off, but it is easy to make high volume collections(just make a character template and add features to it like clothing and expressions) and there are no direct gas fees when using polygon as your blockchain for selling
@ctg9
@ctg9 2 жыл бұрын
Agreed. I honestly regret listening to the wave of people discouraging not to get into NFTs early last year. Hell, I didn't want to jump in to make a profit at a start. But, as a digital artist working w/ procedural art tools, it's a really exciting frontier to explore and become an expert in. TLDR: If you're interested, just go. Go learn about it , observe and research it. Hold off on doing anything until you really get how that ecosystem works.
@Jg8jewetwwhcastelw3
@Jg8jewetwwhcastelw3 2 жыл бұрын
Nft are extremely bad for the ENVIROMENT
@Ishikaaaaaaaaaaaaaa
@Ishikaaaaaaaaaaaaaa Жыл бұрын
Hye, how much did u earned till now by selling NFTs?? I'm just asking because I'm interested in it?
@Driver2Pilot
@Driver2Pilot 2 жыл бұрын
What do you think about NFTs that allow the holders to be submitted into a weekly giveaway? A project like Thortles NFT Club is a good example. This project is on the Avalanche network.
@TheMeatwade
@TheMeatwade 2 жыл бұрын
So people are buying a png photo that i could just screenshot? I really do not see why people are spendimg thousands on art that i could find free on google?
@jayti6828
@jayti6828 2 жыл бұрын
Playable 🎮 nft's make a whole lot of sense to me. "Even if the nft looked sorry, being able to play with it makes up for it a ton." I can understand why someone would pay big bucks for it for that reason.
@CryptidMom
@CryptidMom 2 жыл бұрын
Hi, April!! Thanks so much for such a clear video. It stings a bit, but the truth hurts sometimes. It sounds a lot like, much like with the real world, NFT success depends a lot on marketing and social hype. I was planning to release a small (
@NFTsSimplified
@NFTsSimplified 2 жыл бұрын
Hi!! Thanks so much for watching! You should check out Polygon (I have a Polygon vs Ethereum video) - there's no initialization fee there, and it may be a good option for a smaller collection :)
@shaanminocha4079
@shaanminocha4079 2 жыл бұрын
@@NFTsSimplified Hey April , I do have a 250-300 piece of NFT collection ( All hand drawn , ik it could have been generative but...yea...) Its a trading card project...so what u think if its worth it to make it or let it be ( i just started few days ago with it and after hearing this i lowkey feel to give the project up..
@vsam4621
@vsam4621 2 жыл бұрын
Very good video! thanks for sharing with us! I've recently learned about a project called 'Women Unite' . They said they 300x their last launch and now they are launching another collection. Looks very different as it's real human NFTs. Have you seen this project? Or could you do a review on your thoughts, not seen any videos about it but don't want to miss it?
@itstoniy0
@itstoniy0 2 жыл бұрын
Glad that I saw this comment! I saw their promotions and huge giveaway! They looked legit and I'm tempted to invest but a review video would be amazing please!
@JeanLucCaptain
@JeanLucCaptain Жыл бұрын
basically just convinced me not to do NFT's despite requests on DA for sales. Every time i try and get into this whole Crypt thing its just immediately repulses me with how insanely multi-layered and complex it is.
@sammyjoze
@sammyjoze 2 жыл бұрын
Well technically, USD is nonfungible if your put it that way [ 1:28 ] specifically due to the same reason you specified for the NFTs... It is irreplaceable and USDs have serial numbers in which differentiate each and every bill. and aswell, their is rare USD bills relating to the general mentions you've implied.
@FrankySus
@FrankySus 3 жыл бұрын
What about a functional nft that guarantees 1% of total profits. Like when I hit 1 million $ the owner of that 1% nft gets 10k$. An investment that pays if I succeed and they keep supporting me. Is that possible?
@NFTsSimplified
@NFTsSimplified 3 жыл бұрын
There are definitely NFT projects out there that give a percentage of the profits back to the NFT holders!
@FrankySus
@FrankySus 3 жыл бұрын
@@NFTsSimplified sick! Thanks! Im a puppet worm hoping to become an nft as well. Hybrid type thing. Franklin puts the F in nft lol
@thomasparsons4871
@thomasparsons4871 2 жыл бұрын
Gas fees are meant to be used to offset the environmental impact of NFT blockchain verification, which is a more than substantial amount of greenhouse emissions generated from the amount of power it takes to keep the servers running. They’re intentionally inefficient to make it harder to alter the blockchain data. But gas fees aren’t covering it. Not even close. A blockchain that doesn’t have these fees has no infrastructure whatsoever for offsetting environmental impact.
@yumyumfoodshorts
@yumyumfoodshorts 2 жыл бұрын
Haha wut?
@tylerkwong4947
@tylerkwong4947 2 жыл бұрын
I have never traded any NFTs. However, I certainly agree on your point that when people are buying them for speculative purposes, not for art appreciation, they won't risk buying NFTs from unknown artists. Less well-known artists are perhaps better off selling physical artworks instead. If an artist does not succeed in the physical market, the chance of succeeding in the NFT market (by creation) will be even slimmer. I'm not an artist myself, but it's distressing to hear that this game of NFTs does not help freelance artists at all, making the originally unfavorable competition from bad to worse.
@danishsami8576
@danishsami8576 2 жыл бұрын
Ok, now i relize nfts r not for me
@amirbahrami8076
@amirbahrami8076 2 жыл бұрын
Aprilynne ! I completely agree with you on the subject of having a community behind your art collection , but there are some people on the Opensea who doesn't even have a twitter account linked to their profile and still made some sales ! I believe if your art has potential the investors will come eventually.
@pitbrand
@pitbrand 2 жыл бұрын
There are some that may be selling to friends or even to themselves with other accounts to artificially increase the value of an NFT so that an unknowing buyer may pay too much for something that has very little actual value. There is much more to learn and understand for all on this topic. She starts this clip suggesting the image is what makes the NFT unique, but it's actually the token in the blockchain with a unique code that really makes the difference. The image is just a gimmick, imo.
@eyeswideopen6492
@eyeswideopen6492 2 жыл бұрын
@@pitbrand that would be very costly to the individual considering the gas fees they would hgave to shell out. Fees for creating it, fees for putting it up for sale, fees for the selling of it, then that same person would be paying fees for recceiving it so i doubt its the same person buying their own NFT.
@zhihongzhuzi
@zhihongzhuzi 2 жыл бұрын
The investors only care for the potentials of the art’s future sales. It’s pretty much like the stock market, rug pull, pump and dump, and wash tradings happen a lot.
@wealthbringer
@wealthbringer 3 жыл бұрын
I love the clarity and simplicity of your tutorials. Great content for bringing new people into the space.
@NFTsSimplified
@NFTsSimplified 3 жыл бұрын
Thank you so much, I really appreciate it!
@MapleJokerRofl
@MapleJokerRofl 3 жыл бұрын
The cartels laundering money are in love with NFTs right now 😍😍
@acutecloudd7970
@acutecloudd7970 3 жыл бұрын
They could launder money any other way. They don't care about NFT
@jugernault85
@jugernault85 2 жыл бұрын
Great video. I have only one question. How much do you need to spending to mint 10.000 nfts? I would like to learning more about nfts and how can I made a valued collection. But I think fee is highly expensive
@nikfadzlie560
@nikfadzlie560 2 жыл бұрын
You can use lazy minting, just pay for deploy the contract on blockchain. Of course cost to deploy on Ethereum is quite high
@TheDaneTV
@TheDaneTV 2 жыл бұрын
What if I had a part in the NFT “free to screenshot!”?
@TheDaneTV
@TheDaneTV 2 жыл бұрын
In the name of it
@TheDaneTV
@TheDaneTV 2 жыл бұрын
I don’t wanna make money of it
@TheDaneTV
@TheDaneTV 2 жыл бұрын
I have plenty of money
@609897783
@609897783 3 жыл бұрын
Crypto Punk was manipulated by Gary and 30 of his billionaire friends. NFTs is market manipulation in a nutshell, but without any regulation or anyway to get your moneyback. You’ll notice how most high art projects has low volumes and these pfp projects has huge volume. It’s easy, its greed. People quit their jobs to flip NFTs. This is like ICO 2.0. Be very careful, every dollar you throw at NFT should be money that you don’t care about.
@CosmoSimpDragon
@CosmoSimpDragon 3 жыл бұрын
gary vee?
@thetaeater
@thetaeater 2 жыл бұрын
So are these things trademarked? What is stopping someone from replicating "digital" art into physical objects like t-shirts, wall art or even logos for a biz?
@DimezEntertainment
@DimezEntertainment 3 жыл бұрын
Use polygon chain to avoid gas fees..
@thutrangnguyen9628
@thutrangnguyen9628 2 жыл бұрын
Appreciate the info man. What do you think about FIWA coin? I'm investing in it and I can see it for a long time
@DjNoRequests
@DjNoRequests 3 жыл бұрын
Hi Apprilynne, thank you so much for this video! You've outlined my exact experience with launching an NFT project, and I've been trying to sum it up for another artist friend of mine, but this explains everything so clearly! I gave myself a month to promote my project on social media, starting from fresh accounts with no followers, and I quickly realized: A. How over crowded the space is, and B. How many other projects have teams of people and investors promoting and creating anticipation for the drop. It's an art form all unto itself! I didn't know anything about the importance of "community building." I say that in quotes because, as an older person, I can't for the life of me understand what it is about Discord that gives anyone a sense of community, but I'm learning! (the hard way - Haha)
@NFTsSimplified
@NFTsSimplified 3 жыл бұрын
The deeper I dive into NFTs, the more I realized how much goes into a successful project! For many, it's all about the marketing/promotion, which can be quite difficult if you're a team of 1
@avarice4556
@avarice4556 2 жыл бұрын
As a younger person here I'll give you an inch of my knowledge/experience and someone whose somewhat interested in marketing as well. Discord initially started off as a platform for gamers and a way to talk to friends while playing games. It's still largely that but the anonymousness of it is more of why it's a big social environment now. If you struggle with making friends in the real world you can more easily make a friend in discord. There's a lot to explain with it as well, because the emoji self expression culture of discord is pretty important as well this is why every discord has them.
@avarice4556
@avarice4556 2 жыл бұрын
Definitely need more time spent in one to moreso get it
@synth-_-5093
@synth-_-5093 3 жыл бұрын
I wouldve dont it if it werent for gas/initiative fees, since i have free time and im really interested in the space but lets be honest there is a very very small chance that my collection will pop off so spending $100+ on initiative fees and hours of work just isnt worth it
@NFTsSimplified
@NFTsSimplified 3 жыл бұрын
Polygon would be a great alternative for you! It doesn't require initiation fees. My most recent video (ETHEREUM vs POLYGON) goes more into depth on the topic if you're interested!
@stretchstrength6751
@stretchstrength6751 2 жыл бұрын
Aprillynne! Great video. Love that you are bridging the gap here and saving some from seriously wasting their time while inspiring some to jump on board because they are ready. For myself I have an audience to build and paintings to paint first before sign up for OpenSea down the road. Making more money doing what I love is the goal and dream by retirement. I'm 50 years in. Slowly but surely we arrive alive!
@NFTsSimplified
@NFTsSimplified 2 жыл бұрын
You have so much time! There's absolutely no rush to jump into it before you're ready :)
@SilentNSly
@SilentNSly 3 жыл бұрын
Could you do a video on how to market/advertise for a collection of 10,000 generative digital art NFTs
@NFTsSimplified
@NFTsSimplified 3 жыл бұрын
I should definitely do a video on marketing! Thanks for the suggestion :)
@s0c0urt
@s0c0urt 3 жыл бұрын
Do you need to set up your own website for nfts? Or is that only if you want to promote it?
@NFTsSimplified
@NFTsSimplified 3 жыл бұрын
You can sell your NFTs directly on OpenSea or other NFT trading platforms - you don't need your own website!
@WestMeetsEastIndonesia
@WestMeetsEastIndonesia 2 жыл бұрын
Super informative! Thanks for sharing your knowledge and experience. I am watching your video for the simple reason of trying NFT'S out and possibly selling some art work. However, you have given me something to think about. I wish you lots of success in the future 🙏🏻
@theroyalone7588
@theroyalone7588 2 жыл бұрын
Question:So when you announce that you are going to drop A NFT collection, is it being announced to all the NFT members or what ? Please help with this answer
@BrainFogDanellesReviews
@BrainFogDanellesReviews 2 жыл бұрын
I just screenshot it and therefore it's not nft. It's messed up. Can't yall flex some other way that doesn't destroy our earth!?
@thinklist
@thinklist 3 жыл бұрын
Get video BUT… GAS fees on Polygon are virtually nothing and with more side chain and L2 solutions on the way massive GAS should be a thing of the past.
@NFTsSimplified
@NFTsSimplified 3 жыл бұрын
My next video is going to be all about Ethereum vs Polygon!
@INVICTUSSOLIS
@INVICTUSSOLIS 3 жыл бұрын
Good Educative and Informative Video and you absolutely smashed it 100% in explaining what NFTs are. However on if people should create them or not, on the contrary I advise every artists to imediately turn their work into NFTs once made. They are immiately authenticated and deemed original and there are thousands of art communities being formed because of NFTs creating somewhat of a digital art renaissance. You get a chance to join a community and immediately start creting value. Lastly every object in web3 will be owned as an NFT by someone or some organisation and many NFTs collected today will be in-demand Antiques when we move on to the metaverse. Be part of this new renaissance if you are an artisist. Immortalise your work on the blockchain.
@wdhduquisimo
@wdhduquisimo 3 жыл бұрын
"digital art renaissance" such advanced concept I love it
@KOKSMA
@KOKSMA 3 жыл бұрын
What platform do u recommend
@silviefojtik6320
@silviefojtik6320 3 жыл бұрын
Thank you for this series of videos! I’ve been grappling with it myself to mint my photos as NFTs while gas fees are so high. It’s hard for me to discern, but did you notice if that one time fee on open sea, for your first listing, is for your whole account or for every collection you create?
@NFTsSimplified
@NFTsSimplified 3 жыл бұрын
It applies to every collection you make in the future - you just need to do it once for your account!
@silviefojtik6320
@silviefojtik6320 3 жыл бұрын
Sweet 😍 thanks for the confirmation :)
@silviefojtik6320
@silviefojtik6320 3 жыл бұрын
Also good luck with your channel!!!
@tyraa531
@tyraa531 3 жыл бұрын
Thank you so much for all this information! I’m a new artist. I thought I could sell my art as NFT but after watching this video which was so well explained, I’ll look for another way to sell it! Great Video
@NFTsSimplified
@NFTsSimplified 3 жыл бұрын
I'm so glad it was helpful!! Best of luck in selling your art!
@sequioajones8215
@sequioajones8215 2 жыл бұрын
Same here. Looks like its back to the salt mines for us artists lol
@precious4982
@precious4982 Жыл бұрын
But what other way would that be? @Tyra A
@ease7142
@ease7142 2 жыл бұрын
By selling an NFT, am I also selling ownership of the Image im using? Can I use an Image multiple times? Do I actually need to own the Image my self?
@samuelzev4076
@samuelzev4076 2 жыл бұрын
What would be your advice for newbies who is just getting started in making NFTs? I just started my collection on opensea consisting of nature photography NFTs i haven’t made any sales so far despite advertising my work on Facebook, how can I improve?
@thecrowssubmission
@thecrowssubmission Жыл бұрын
9:16 what platform is this? I tried to search for it, but i can't understand the name you said
@affirmationsandlovesimplys1260
@affirmationsandlovesimplys1260 2 жыл бұрын
Where can i sell nft for 5usd? The low creating payment i find is 2usd for polygon and there is other 1% payment and im kinda confused with the other 5%. I post my second in whalefin. My first its not appearing 😂 its in Celo on Aporio
@adam_kano
@adam_kano 2 жыл бұрын
The analogy with the dollar for fungible. I understand the point BUT each dollar note will have a serial number so won’t be exactly the same, in the same way an ‘NFT’ collection can have 100 copies of the same picture with different contracts against them, if you swapped one for another it would look exactly the same but have a different ‘serial number’. Down to the creator of the NFT to make it unique completely I guess
@Sparkyj89
@Sparkyj89 2 жыл бұрын
Nice video!! Jw, do you have any veve nfts? From the veve app? I’m sure the veve community could use some of your knowledge 👍
@BrainFogDanellesReviews
@BrainFogDanellesReviews 2 жыл бұрын
It's a scam, don't buy it. It's destroying humanity
@Alphain
@Alphain 3 жыл бұрын
Thanks for such a wonderful Explanation! I had Request...Can you make a video on KZbin growth because Recently you're channel has been Doing very well and I would love to learn from you!
@NFTsSimplified
@NFTsSimplified 3 жыл бұрын
Ooh interesting idea! Maybe I'll make one when I get monetized!
@Lionsgala
@Lionsgala 2 жыл бұрын
Some of them are selling out overtime releasing the collection making a lot of sales but not selling everything of course like you said marketing is very very important
@ngj585
@ngj585 3 жыл бұрын
what's the app you mentioned about selling online art
@NFTsSimplified
@NFTsSimplified 3 жыл бұрын
Gumroad! You can also do Etsy, or even Patreon
@rebeccalewis2952
@rebeccalewis2952 2 жыл бұрын
Sounds like nfts are pretty pricey to make and put out there. If you're an artist that doesn't have alot of money to spend on ethereum and the fees then is there any platform that you could sell your artwork on without it costing an arm and an leg?
@Lionsgala
@Lionsgala 2 жыл бұрын
Actually some of these nft collections aren't selling out immediately
@ryanmcgowan3061
@ryanmcgowan3061 2 жыл бұрын
"The supply side is static." Uh, only if you ignore the entire market, in which the supply side is expanding rapidly. If I make 100 bead bracelets, and no other bead bracelets are like them, that doesn't mean the supply of bead bracelets is fixed. There's still millions of bead bracelets being made. That is WHY creators are finding themselves having to produce thousands of works of art: Because it's the only way to compete when supply is growing too fast (and prices fall fast as a result). You would be far better off using NFTs to enforce copyrights and prove you are the creator of a work of art. It's a great replacement for watermarks, and you can also use NFTs to digitally sign a contract granting rights to a buyer.
@ななころび
@ななころび 3 жыл бұрын
I agree however this model is with 2d art. Soon NFT American market will jump into the already massive 3d and 4d arts built in and around NFTs. What are your thoughts on that?
@I-Dophler
@I-Dophler 3 жыл бұрын
Unless you are well known, you will find it hard to sell any NFT's.
@Pulse2AM
@Pulse2AM 2 жыл бұрын
Great stuff thank you. I just started an Open Sea account with a small number of pieces, I used Polygon. Now I'm re-thinking it all if want to go down this road! Ha I'll watch more of your videos, so far I'm not out any money, just a little time. By the way I'm a independent musician, I would love to see a video on how independent musicians can use NFT's to further their careers! My listing on Open Sea is art work not music related. I have a feeling this trend of flipping NFT's that is so in vogue will be short lived when people stop being able to sell them, it seems to me it's a bit of a feeding frenzy at the moment as many of them really aren't that great from an art point of view. The people making 10K NFT's are just playing the numbers game and they'll do well while the market is hot but the buyers may be left with nothing they can sell.
@guywittamic
@guywittamic 2 жыл бұрын
You are so wrong about selling in high numbers only. Many artists are finding tons of success with selling runs of 50 or lower NF tees of one painting. They do a new sale every few weeks, or every few months, and they are building community that is coming back for each sale! They are also receiving tons of royalties on the secondary.
@blank.9301
@blank.9301 3 жыл бұрын
How come I didn't have to pay the "initialisation fee" when starting on open sea?? 🤔
@NFTsSimplified
@NFTsSimplified 3 жыл бұрын
You only have to pay if you're selling NFTs, and if you're using the Ethereum blockchain (not Polygon)
@blank.9301
@blank.9301 3 жыл бұрын
@@NFTsSimplified ok makes sense, thanks 👍
@CosmoSimpDragon
@CosmoSimpDragon 3 жыл бұрын
oh my god, (note : i havent watched the vid yet) wow your channel grew up from 567 to 1.75k in what? about a month damnn this is good all the best for your future journey to 568k or million lmao
@CosmoSimpDragon
@CosmoSimpDragon 3 жыл бұрын
never ming its judt 8 days LOL
@CosmoSimpDragon
@CosmoSimpDragon 3 жыл бұрын
568*
@NFTsSimplified
@NFTsSimplified 3 жыл бұрын
Haha, thanks so much!! It's definitely been a crazy week. I'm so grateful that the KZbin gods are smiling down on me ;)
@kylieballard2123
@kylieballard2123 2 жыл бұрын
So basically graphic design marketing agencies and celebrities are the only ones to make money as they have a following a mile wide and the money needed to set it all up, so what do actual artists and freelancers do then as this is who everyone is marketing to.
@codyhenry1530
@codyhenry1530 3 жыл бұрын
When you decide to create an NFT for your resume…
@Foralluhaterz
@Foralluhaterz 2 жыл бұрын
Who pays for this?
@user-sx1to7zu1o
@user-sx1to7zu1o 2 жыл бұрын
I can just save/screenshot the picture
@wendykngo3769
@wendykngo3769 9 ай бұрын
OMG✨ this video is gold! For someone new to NFT, this save me BIG from time strategizing, money upfront, and set realistic expectations! Keep up the great work! Thank you thank you!
@amarshaw2315
@amarshaw2315 2 жыл бұрын
Please Make A Video On MortyPunks Is This nft Is A Hype or Not..?....Cause I'm Cunfused Which Nft Is Best For Start Investing
@nocap249
@nocap249 3 жыл бұрын
You are doing a great job by educating people here. But i disagree with you on few things. You dont have to have 10k items to start. Right now only reason people generate 10k is number of buyers is less, so by having a large collection they wont help their owner make money. But if you look at Adam Bomb squad they have 100k items, but they are already establish brand. Which doesn’t harm to their reputation. Lately more more nfts are expanding their number eg CloneX recently minted 20K nfts. More and more project will start doing it because of the benefit of having large audience. Secondly i disagree where you say by having 30 piece you wont make money. Which is right and wrong. Let me explain, if you have 30 items for sale with great art and utility and community. You will actually make more money because of its scarcity when more and more collector come across your art piece. They will pay more due to its scarcity. You are right if the person fails to execute on the roadmap which will lead to death of project. Adding one more reason why starting with 1 to 1 or 30 piece why it is better. You can always create more art if your project seeks eyeballs. But genesis token holder will be rewarded for believing in you before any other collector.
@sw23ae
@sw23ae 2 жыл бұрын
So if you make a 10,000 collection of NFTs and sell them on opensea the user pays for the fees not the creator?
@davincijshorts
@davincijshorts 3 жыл бұрын
7:48 if we pas initializing gas fee on opensea once, will we be able to list all our 10k nfts for our buyers to mint them? If yes will be able to do that on erc1155 smart contract as it is cheaper than erc721?? Please reply ma’am
@NFTsSimplified
@NFTsSimplified 3 жыл бұрын
Hey! So the answer to this question is a little complicated: After I paid my initialization fee on OpenSea, you're right - I was able to list them, and buyers were able to mint them (and pay gas fees on that transaction) BUT this was only because I listed them for a flat price (a price I set), NOT listing them for auction When I clicked on the auction option, it said I would need to pay gas for that. I don't know if it's just for the first time setting up an auction, or if it's for every item, but I went with the flat price just to be safe Also, everyone keeps telling me to use Polygon instead of Ethereum for NFTs, but I honestly don't know enough about them to recommend pros/cons yet. I'll learn more and make a video about it in the future, but for now, it seems like Polygon requires a fraction of the fees Ethereum does I hope that helps!
@JustIn-case
@JustIn-case 3 жыл бұрын
@@NFTsSimplified polygon is no gas fees so its perfect for this.
@blank.9301
@blank.9301 3 жыл бұрын
@@NFTsSimplified Hey, awesome video 👍. Yes if you change it to polygon instead of ether then it's gas free. The way open sea still make money from your nfts is by charging a small, (I think 2.5%) amount only when your nfts sell. I'm also new to it and there is always something new to learn 🙂👍.
@blank.9301
@blank.9301 3 жыл бұрын
@@JustIn-case exactly 👍
@aligokce7836
@aligokce7836 2 жыл бұрын
Do NFTs need to be a collection that I should finish, say 1000 of them, and post at once? Can I just post one NFT, say per week?
@NFTsSimplified
@NFTsSimplified 2 жыл бұрын
You can technically post one per week if you want!
@reistraveljournal
@reistraveljournal 2 жыл бұрын
hi, I didn't understand the what the name of the other website to sell art.
@VibezzOnYt
@VibezzOnYt 2 жыл бұрын
do we need to pay the etherum gas fee in advanced or after sale?
@kevk4441
@kevk4441 2 жыл бұрын
But.. what if you mint like 1000 of the same nft? Wouldn’t that technically mean it can be replaced by the 999 other same ones minted?? 🤔🤔🤔
@legion4919
@legion4919 2 жыл бұрын
what value do they have other than reselling them to another sucker??? what can you theoretically do other than launder money... the images are way to just take and use and having a number on the image or whatever- doesn't do anything. its now just a pic with a serial number-
@dukeofabakaliki7060
@dukeofabakaliki7060 2 жыл бұрын
Am having same issues, I created thousands of NFTs but I don't have an audience to sell them, I would want a collaboration with someone.
@MrJfizzle11233
@MrJfizzle11233 2 жыл бұрын
Your video is underrated. You gave me the information I wanted in a confident and expedient manner. Also, you should consider voice acting or voice over work in general. Do you sing by any chance?
@NFTsSimplified
@NFTsSimplified 2 жыл бұрын
I have the worst singing voice in the world haha. But I appreciate the kind words!
@SONNYCREATIVE
@SONNYCREATIVE 3 жыл бұрын
Is it better to put samples of your project to social media like twitter, discord, facebook before listing it?
@NFTsSimplified
@NFTsSimplified 3 жыл бұрын
It depends on the type of NFT! For me, posting samples definitely did help create buzz for the project!
@hamdieilish
@hamdieilish 2 жыл бұрын
Where can i sell it to reduce the gas fee etc?
@thegreatone9022
@thegreatone9022 2 жыл бұрын
I'm only 2 mins into the video and you're already slaying it with loads of info. Keep up the great work I just subscribed 😁
@leobernardo9175
@leobernardo9175 3 жыл бұрын
A very helpful video! Thanks! One quick question: Is it necessary to build an audience first before launching an NFT? If yes, how?
@mitchellbettencourt8306
@mitchellbettencourt8306 3 жыл бұрын
It's definitely not necessary, just don't expect to sell them very fast. If you don't shill your project the odds of people randomly finding it are slim. Creating a discord for your collection and posting everywhere is a good way to begin building a community. Though I recommend you have something to show and help build hype for your project.
@michaelquecera3971
@michaelquecera3971 3 жыл бұрын
No, i have witnessed a friend having literally just a couple hundred followers on twitter make a killing.
@prabhukannan4660
@prabhukannan4660 3 жыл бұрын
@@michaelquecera3971 it must be sheer luck ? Or is it consistent ?
@mickie001
@mickie001 3 жыл бұрын
Hey April. Let's say I generated 10,000 nfts... But just dropped 1,000 due to low following. Would it be a good idea to drop the rest gradually as the community grows?
@yudag
@yudag 3 жыл бұрын
Depends on the project but that would increase the supply hence decrease the price with unhappy owners
@NFTsSimplified
@NFTsSimplified 3 жыл бұрын
I agree with Yudag - keep the supply the same. You can always generate a larger collection in the future!
@lonburgundy1
@lonburgundy1 3 жыл бұрын
He what’s up, Did you generate 10000 nfts?
@DuceLeeTV
@DuceLeeTV 3 жыл бұрын
Had to save this video, cant wait to watch this after work! This is my nft girl! 🔥💯
@NFTsSimplified
@NFTsSimplified 3 жыл бұрын
Haha, I hope I don't disappoint! Let me know what you think after you watch!
@DuceLeeTV
@DuceLeeTV 3 жыл бұрын
@@NFTsSimplified dude, u killed it! This is so good for anyone who just wants to understand the game of nfts. And since i saw your last video, i know you have a good inside point of view. Yea so basically, nfts are more like celebritiy novelties, or like sports items, or like you said, maybe tickets, or nft characters for meta games. Like ive heard of nft horses 🐎. But yea the gas fees, and u always hear all the stories and hype about nfts right? But the reality is its really expensive, and your odds of competing with a taylor swift nft dont exist, lol. U def, have to have like a million follows if u wanna drop a nft and make some kind of profit 📈 🤪. But this dosent mean im not interested in nfts, maybe the game will open up, and other block chains will have cheaper fees. Who knows? 😜 awesome video, cant want for the next one! Road to 1k ! Lego!!
@NFTsSimplified
@NFTsSimplified 3 жыл бұрын
Thank you so much!! It's hard to believe that 1K happened already! Thank you for watching :)
@DuceLeeTV
@DuceLeeTV 3 жыл бұрын
@@NFTsSimplified were commin for u 2K!! 😜👏
@Tdubic
@Tdubic Жыл бұрын
I dont think that gas fees are 100$ more like 2-10$
@suzethomas8148
@suzethomas8148 2 жыл бұрын
If you know if using polygon do you still need gas fees
@SOBEYOND
@SOBEYOND 3 жыл бұрын
Your videos have been so informative & down to earth - THANKS SO MUCH 🙏🏾
@NFTsSimplified
@NFTsSimplified 3 жыл бұрын
Thank you so much!! I'm so glad :)
@irishelk3
@irishelk3 2 жыл бұрын
I just made one and want to upload it, would definitely consider making thousands for a small fee, what are the most popular types though?, animals?.
@Saderdanjiel
@Saderdanjiel 2 жыл бұрын
Aprilynne, I wouldn't consider a dollar as an example of something that is Fungible. While 1 dollar can be exchanged for 1 dollar, this is only an equal exchange of value. Every dollar has a serial number on it that is (in theory) not the same as any other dollar. Hence you can argue that a US Dollar, in physical form, is more like an NFT then not. If NFT art is only known as such because of a unique NFT tag, which is a series of characters, then every paper US Dollar is the physical equivalent of an NFT, just not attached to a blockchain.
@miguelgomez1732
@miguelgomez1732 2 жыл бұрын
Yeah so point is if u don’t want to work hard to potentially make a couple thousands of dollars with an NFT, then just stick to a 9-5
@-DannyFathom-
@-DannyFathom- 2 жыл бұрын
Hi April! New to the channel, I'll be looking to start minting NFTs on the Cardano blockchain and just wanted to say thanks for the insightful video!
@GeoCONeXion
@GeoCONeXion 3 жыл бұрын
If you look the history of art the most great and rich artists always has excellent marketing project to.
@NFTsSimplified
@NFTsSimplified 3 жыл бұрын
Marketing/promotion is a HUGE factor and is often neglected in typical NFT discussions!
@mansishorts0084
@mansishorts0084 2 жыл бұрын
I was created nft but there is no views and no sell..what should I do?
@mansishorts0084
@mansishorts0084 2 жыл бұрын
@whatsAp➕①⑤⑤①③①⑤⑨②②⓪ ok
@mansishorts0084
@mansishorts0084 2 жыл бұрын
@whatsAp➕①⑤⑤①③①⑤⑨②②⓪ where r u from what is your phone code ?
@shortvibs216
@shortvibs216 2 жыл бұрын
Can make video on Fiverr or upwork sides like these how can really that work
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