How to Buy and Sell NFTs For Profit (Full EASY Beginner Guide)

how's it going my name is matt and welcome back to matt's crypto today i have a very special video for you guys this is the complete nft guide this is going to be geared towards beginners but if you have a little bit of knowledge in the space this video also will explain a lot of other things to you that you may want to know so definitely stick around we're going to go over what an nft is how nfts work why they have value why people buy nfts how to buy an nft and flip it for a profit how to sell nfts for big profits and even how to make your own nft i'm going to include chapter markers in this video down below so if you want to skip ahead to a section that you really want to know about you can go and see where that section is before we dive into all this please go ahead and give the video a big old thumbs up because i put a lot of time and research into this video to make it as good as possible for you guys to make some money and make sure you definitely go ahead and subscribe to the channel turn on bell notifications so you don't miss any new money making opportunities with the videos we're posting all right to start off here for all of you beginners what is an nft you may have heard that nft stands for a non-fungible token but what does that mean simply put it means that it's a unique asset and it cannot be replaced with something else for example bitcoin is fungible you can trade one bitcoin for another bitcoin and you have exactly the same thing however a one-of-a-kind trading card for example is non-fungible meaning that if you took the one-of-a-kind trading card and traded it for a different trading card you'd have something different okay so we know now that an nft is simply a unique asset that is not like anything else the next step is that these nfts are stored on a blockchain such as ethereum or solana this is critically important as the ethereum blockchain or any blockchain really allows each digital asset to be verified as one of one in other word the blockchain allows nfts to be verified as unique and validate who owns that nft the next major question is why do people buy nfts like why do they have any value the quick answer to that question is that the value of an nft equals verified ownership plus scarcity plus utility plus ownership history plus future value plus liquidity premium but this is a beginner tutorial so let's take a look at this board ape right here at first look you might say why on god's green earth would someone pay a hundred and fifty thousand dollars for a literal jpeg picture of a cartoon monkey couldn't you just right click and save that picture on your computer and then share it and post it on facebook or wherever you want it to yes yes you can however the key difference is that you do not own the picture of the monkey verified ownership is one reason nfts are such a groundbreaking phenomenon to put it in terms that might be easier to understand if you had a painting of the same picture of this monkey you would know that you own it because well it's in a picture frame hanging inside your house and you can say hey this is my picture it's in my house i own it but on the internet it's very difficult to show that you own something like the original version of this picture like we just said anyone can right-click save and re-share that photo even though they don't own it so verified ownership via the blockchain is one of the main reasons that people buy nfts owning this board ape nft that's worth over 30 ethereum or like we said a hundred and fifty thousand dollars is well a flex it's a status symbol of wealth and culture and you can prove that you own it easily via the blockchain but that's not the only reason nfts have value obviously a flex is one small portion of it the next reason that people do buy nfts is because they are scarce there are only ten thousand of these board apes and of those ten thousands this one we are looking at is a verified one of one piece meaning that there is no other jpeg that is verified on the blockchain that is exactly like this one and we know this because each nft has a unique token id that's stored on the blockchain for everyone to see the third reason that people buy nfts is because of their utility now there are dozens of ways an nft can provide utility or use cases but some of the most prominent utilities right now are first membership access meaning that an nft of a collection allows you exclusive access to social groups events parties other nft projects or even free airdrops from the nft project that have their own set of values utility number two they can be used as game assets and this is arguably the most prominent and biggest future potential of value for an nft for utility right now some nft projects are already setting the path for the future of gaming and that they are releasing nft characters that are playable in their games this is very very likely going to be the future of gaming think about fortnite or cod or any other big video game and buying skins or characters in that game you own those characters or those fortnite skins but you bought them with v bucks or cod points whatever that game's currency is and once you spend that money in game you can never get it back now with nfts you actually own those fortnite skins or those call of duty characters or whatever it is if you wanted to trade or sell that rare skin you could do that for real world value in this case for example if fortnite skins like this rare one right here were able to be owned as an nft you could go and sell that nft for ethereum which has real world value and you can only do that because you own the in-game asset as an nft which is verified by the blockchain right now if you own that same fortnite skin you could do nothing with it other than keep it on your account and leave it there forever if you don't decide to play anymore i'll tell you something i played fortnite early on and the amount of rare skins i have on my account is probably worth over fifty thousand dollars if each were an nft i would absolutely love the idea of being able to sell all my old fortnite skins some of them being super rare to current players and actually get that money value back in my pocket i firmly believe that at some point in the future when the metaverse is mainstream many of today's top gaming nfts are going to be worth obscene amounts of money the third utility case we're going to talk about today is daos and a dao is simply a decentralized autonomous organization maybe that's not simple after saying that out loud but it basically just means an entity with no central leadership basically a group of people that make a decision together think of the 10 000 board apes if they had a dow and they don't currently every board ape in that group would be able to vote for things they want to implement for that project with this ability allows for a lot more potential utility for example some nft projects are creating their own cryptocurrencies in which nfts in that collection earn their cryptocurrency every single day let's look at the cyberkong's nft collection for example where each nft in the collection earns 10 bananas and the bananas are their cryptocurrency per day currently each banana is worth around 45 so each day every genesis or original nft in that collection earns about 450 worth of banana crypto coins those nft holders get those sent to their wallet every single day and they can either hold those or sell those for immediate value so if you just held the nft and sold all the coins as soon as you got them you'd make somewhere in the ballpark of a hundred and sixty-five thousand dollars in one year this is just one way that these dowels and nft collections can add instant recognizable value for nft holders all right that was a lot and we've only covered three reasons that nfts have values and why people buy them but i'm not gonna go over every single reason because we'd be here for an hour and i think by now you get the idea that nfts objectively do have at least some value and before we move on to the last reason i want to mention that i have a patreon membership where i where i do all this legwork for you i do all of the learning researching finding and determining which projects are best and most likely to succeed for you in my patreon membership i take all that research and i identify the projects that meet my criteria best and boil it down to an nft calendar an nft buy list and a bunch of other nft tools that are just exclusively for my members so if that's interesting to you and you want to join that community there's a link down below to sign up okay the last reason that people value nfts is because of ownership history certain artists and owners in the nft space have inherent value for example a major player in the scene is beeple he's one of the biggest artist names in all of the nft scene and has sold some of his pieces for over 50 million dollars a large part of the reason that those artwork pieces have so much value is simply because people's name is attached to it it's similar to a picasso painting or a van gogh you know that those pieces have a ton of value because of the artist that made them in a similar way certain nft founders collectors and artists have a lot of clout and inherent value that they bring to the projects they're a part of all right that is all the reasons why nfts have value if you are still with me and you want to help this community grow share the video leave a like on it help some other people find out about all the information i'm giving you guys today if you've watched this far i imagine that you're getting excited about nfts and probably want to see how to purchase one for yourself so let's look into how to buy an nft and for this example we're going to use the most popular platform which is openc on the most popular blockchain at the moment which is ethereum and before we can even go and purchase anything we need to set up a digital wallet for you and i highly recommend using metamask not because i'm sponsored by them and i'm not sponsored by them i wish i was but because everyone uses metamask all these major platforms are using metamask so i highly recommend that you use a metamask digital wallet let's show you how to set one up okay so to get a metamask account it's really quite simple go to metamask.io i'll leave a link down the description below to check that out you're going to go ahead onto their website and click download now now you can have this as a chrome extension or on mobile on ios or android but i will say that if you are doing most purchases or mints or buying new nfts it's probably best to have the chrome extension and do it on desktop as the mobile apps on a lot of websites right now connecting with mobile metamask is not the best experience you can also install it on firefox if you use that if you use edge i don't know what you're doing but chrome or firefox is what i would recommend so i'm going to go ahead and install metamask on chrome click add to chrome add extension once you've added it you can click get started and this is where you're going to want to set up a new wallet if you don't already have one you're going to click create a wallet and then you'll click agree you'll create a password for this video i'm going to create the one password and password the next step here is critically important so pay attention you can click next here and this is going to be your secret recovery phrase this phrase right here do not show this to anybody else obviously for the sake of the video i'm showing you this one but i would never ever ever show this phrase to anyone else otherwise because this is your only backup for your account if anyone else gets access to this phrase right here on your wallet they will have access to all the funds in your wallet at any time so what you want to do here is take this phrase don't screenshot it don't take a picture of it don't save it on a word document write it down on a couple pieces of paper and i say a couple not just one because if you lose this you literally lose your account forever so write it down neatly make sure you can understand it make sure it's on a firm piece of paper with good ink then put it somewhere safe ideally like a safe or a lock box or something that is very tamper-proof fireproof waterproof that you won't lose we'll click next so i'm going to go ahead and put the recovery phrase in order that i just wrote it down once you put it in correctly click confirm and there we are there is our metamask wallet now there's a couple things to walk through here because we're using ethereum the good thing is metamask is already set to the ethereum main net so you don't have to worry about changing the blockchain that you're on if you want to go ahead and change your account name you can click here click account details you can go here to name your wallet whatever you want to name it this is your qr code so that if anyone wants to send you payments you can just send them a screenshot of this they can scan your qr code and send you payments directly to your wallet or you can just copy your unique wallet address which is this one right here that is our unique wallet address so if anyone wants to send us money that is the address they'll send it to and that money will come into your metamask account right here once you make any transactions they'll show up here under this activity tab and you'll see how much ethereum you have in your account right here under assets now that we've set up our metamask account we can come over here to our chrome extensions and you'll see metamask under your extensions i would recommend pinning it to your extension tab and bring it over here so you always have it easily accessible let's go over to one of my favorite projects the dogepound and show you guys how to quickly buy an nft now this is a project that's a bit more expensive so don't expect to buy this off the bat but let's just say we want to go over here and buy this one right here looks pretty cool you'll see this is the page on openc that it looks like for pretty much nft you're gonna buy on the platform simply click buy now and then you'll have to connect your metamask wallet to openc once you click meta mask it'll open up this little window here and make sure you have that wallet address you just selected if you set up multiple wallets they'll all show up here but the only just created right here has is selected so we'll click next then we're going to click connect it's going to connect open c to our meta mask and you can see right here that my wallet is now connected to openc so click buy now again and it will bring us to the buy page you can see the price the us dollar value which is quite a bit we'll show you the royalties which is how much the collector is going to create when you sell this project later on you're going to have to agree to open these terms and if you have enough even your account you can click confirm checkout obviously we have zero dollars in our account right now so we're gonna have to add funds and you can add funds however you want to like i said before if you want to just go on your exchange that you bought the ethereum on and send to your metamask wallet you simply go ahead and copy that unique wallet address and send it from your exchange to your metamask wallet now we know how to buy an nft let's look at how to sell an nft and ideally for a profit when it comes to selling nfts this is much more of a fine r no pun intended here are some of my top tips and tricks for selling nfts for a profit and what tools you'll want to use to help you make good purchases so you can sell for a higher price later and really quick before we dive into that as i mentioned earlier in the video i have a patreon membership that does all of the work in this video all this learning and researching and determining the best projects and puts it all into an nft calendar that rates each project each month showing you when they're going to mint all the information about them i have a buy list of projects i'm looking to buy and what price i'm looking to buy them at and a bunch of other nft tools you can use to make your life so much easier in the nft space so if you want to save a ton of time and be part of a community of hundreds of other members that are helping each other find great projects and make big profits definitely consider joining the patreon links down below for that i've opened up a few more spots for the top tier diamond hands so if you do want to join at the top level there's a few more spots open right now for you guys watching this video here are some easy tips and tricks to find great deals on nft projects and help you flip them for a profit tip number one create a project review checklist i have a seven step process that i go through on each new project that i look at if the product doesn't pass one of the seven levels then i completely ignore it and move on to the next project my checklist goes like this number one is art the uniqueness the quality and the style now all this is kind of subjective but you'll know crappy art when you see it if the art does not look like it took more than 10 minutes to make each individual piece it's probably a bad project number two the founders who are they are they anonymous or are they revealing who they are do they have a good track record of success with other projects to me many times this is a make or break factor just look at things like 888 genesis or cryptos that are backed by notable people in the scene those projects although the art and just the tweet aren't anything special the founders are the reason those projects are doing so well number three community this is an obvious one and probably talked about way too much on nft youtube videos but it's important to look at the project's twitter engagement make sure that there's actual people following this project number four marketing is the team good at marketing their project or is it getting seen by literally no one at which point no one will buy into it and you'll be stuck holding a useless piece of nft garbage number five the road map or the white paper does the project have a clear vision does it have milestones and does it have a realistic road map number six is utility and you can break this down into like a dow or tokenomics and all different ways you can provide utility to a project it could be a launch pad the number one question to ask for a project's utility is what is the value that's being provided day one after the project mints and then what does it provide value-wise in three to six months if you can't quickly identify reasons the project has value it's probably not a good bet and number seven is scarcity rarity it's important to note that not all projects are created equal some have a hundred items in the collection a thousand and some have ten thousand and that number difference makes a huge huge difference when flipping projects for example you can see here that the fungi genesis which was mostly minted for around four eth are now up to fourteen eighth floor but you can only see that there's about 20 listed and that's because there's only 100 of them so the floor price for these should stay a lot higher because there's a lot less people that own them and even though this is a brand new project you can see that this floor is doing incredibly well compared to the mint price as opposed to something like mutinate yacht club where it is a reputable brand it's a blue chip that came off of board apes so it has value but because there's almost 20 000 of these the floor has declined over time and it's around the price that it was minted for okay back to rarity and scarcity which leads me into tip number two how to find great deals on floor-priced nfts i've talked about it before and i'll probably talk about it again rarity.tools and i'm not sponsored by the way i wish i was is an amazing tool to help you guys narrow down and find great deals much quicker than you're going to be able to do that on things like open c or solenoid or any other major platform a quick example here i'm going to use the dogepound puppies you can see here i've toggled on the buy now on the filters and i've sorted it by price low to high this basically shows us the lowest price nfts that are available right now you can see the floor price is .63 each which is the lowest one right here the simplest way to go about it is to look at the overall rarity score which is up top here so this one's ranked six 6 959th out of the 7000 that exists so it's a pretty low one that's why it's on the floor but if we scroll down a little bit and look for some deals here all these are in the thousands thousands thousands but this one is ranked 824th overall on rarity which is only .17 eth more expensive than the lowest floor priced puppy but the rarity on this one is much lower it's 824 overall which puts it in the top 1000 and the most likely reason for that is either the 9 trait count which is pretty rare and then the viking helmet which you can see here only has 115 of these that exist if we go and look at that it is by far the cheapest of the viking helmet tree and the next cheapest one is point 18 eth higher you can see this one's actually better than all of these except for this one right here which is listed at almost 5 e so it's safe to say that this one is undervalued compared to other traits and compared to the overall rarity of it that took us about 30 seconds to find that this is going to be a pretty good deal tip number three mint early and mint often it may sound slightly obvious but minting while avoiding major gas wars and major gas fees especially on aetherium is easily the best way to have low risk and potentially very high reward on any project now if you can't mince a project because you're not there or the gas fees are too high immediately go and look at the project on the secondary market like openc or solenart some people want to sell that product right away and sometimes you can actually get a really good deal almost near mint price on the secondary market while avoiding all those major gas and transaction fees tip number four this is gonna sound extremely obvious but i don't think a lot of people are doing it to the level they need to be follow big and successful nft collectors on crypto twitter to follow people that own crypto punks that own board ape yacht club early on that own cool cats early on they own cyber cons this is the smart money that understands this scene better than anyone because they were buying it before anyone else was actually interested in it so if you follow their moves a lot of times you'll have very good success rate now that we're all set up to buy an nft let's look at some must-have tools to help us find great projects identify when to buy into those projects and then help us track them and figure out when is the best time to sell for a profit okay so right here the first tool is rarity.tools rarity tools is basically a site that ranks rarities of different nft projects so you can see right here if you go to collections you can search any project that you want to see but these are all the top projects right now crypto punks board ape yacht club mutant apes i love to go in the doge pound because it's one i'm heavily invested in so if you go over to dogepound for example you'll see the page for the collection right here on the left side you can go and search the id of whatever your actual thing is so for one of mine it's 5815 and type it in and there you go you can see my rarity rank is 867 overall that's pretty good because there's 10 000 of these doges in the collection so it's a top nine percent doge based on its traits and you can see the floor prices of each of those traits so for your gold earrings the lowest floor price for any gold earring trait is 3.85 ethereum that is one of its most rare trades you can see right here only 152 of all the dogs actually have that trait so you can go and click that and then if you go back here you'll be able to sort all the doges in the collection by ones that only have gold earrings and then if you click buy now to toggle on ones that are only for sale you can see all the ones that are for sale with a gold earring right now it's sorted by rarity as default so the most rare doge is the number 38 overall doge that has a gold earring but if we want to sort by lowest to highest you can then see the floor price of that trade and like we said before it's 3.58 ethereum let's quickly look at another project real quick the board api club for example if you wanted to only spend a maximum of 50 aetherium you can type in 50 right there and then it will sort all the collection by apes that are only under 50 ethereum you can see right here all the ones that are in fifth year ethereum and since it's already defaulted to sort by rarity we can see the most rare ape under 50 ethereum is number 7737 and its rank is 3516 overall out of the 10 000 in the collection in my opinion the best way to use this website is to find great deals on nfts you want to buy so for example here i'm starting out i'm going to go over to cool class collection because i want to buy a cool cat so you can see right here it's already ranked by rarity and keep in mind there are about 10 000 of these in this collection the price floor overall the lowest price right now is 7.7 aetherium so i'm gonna go and click buy now to toggle that on and then i'm going to sort low to high and what i'm immediately going to see is the price floor right this is the lowest for sale cool cat on the market 7.7 ethereum and there's a couple of these there's three that are at 7.7 then it goes to seven point eight seven point nine etcetera but what i'm gonna look for here is not the lowest price i'm gonna look for a good deal meaning that i'm gonna look for a cool cat that on the number up top here which is the rarity rank is a low rarity but it's also one of the lowest priced ones that way i'm getting a better ranked rarity for a low price keep in mind all these numbers on the bottom are just the id's of each of these these aren't the rarities the rarities are on top so you can see right here this one's ranked nine thousand ranked nine thousand rank this one's almost the bottom eight thousand seven thousand these are all you know very low ranked overall but if we scroll down a little bit and keep looking we can probably find one you can see right here this one's a five thousand rank so that's better but it's still not that great anything in the middle of the pack or the top of the pack is always going to be floor material but right here we can see this one's 27.53 so this one's in the top 30 percent of the rarities however it's a 9.45 aetherium so it is significantly higher almost to ethereum higher than the floor price so right now based on what i'm seeing here this one's also a 2900 but still that's that's closer to the top 30 percent i like to see a top 15 one before i really want to pull the trigger and all right now all the ones listed over here are all pretty low on the rankings so i would say that there's no good deals at the moment however sometimes you will find that there is a really good rarity rank score for one of the ones that's near the floor and that's when you know you have a pretty good deal this site does a bunch more stuff if you want a specific trait and you know exactly what it is and you want to try to target that you can narrow them all the way down by searching for it on here this site is probably my favorite still as far as the rarity sites go there's one more i'm going to show you in a second here but rarity.tools to me is still number one the other tool i'm going to show you guys is rarity ranks similar to rarity tools on their website you can see the different collections that they have here but the best thing i like this for is actually for their extension if you go over here and click install you can install the chrome extension all you do is click install boom boom done and then it'll pop up right over here so then when i go over to openc and i search for the dogepound for example because we definitely know that it's on there it will automatically show me the ranks right below on openc if you're new to nfts this rank right here will not show on openc regularly you'll be able to see the dog id but you won't be able to tell its rank right away so if we go ahead again and click floor price it's around two ethereum right now we can easily instead of having to go to rarity tools and do what we just did we can just do it right on openc now so it makes openc a lot easier to use as far as searching for good deals and it's all done with a chrome extension which is really great for products that are on the site it's a new website and they're still improving it so there's not a ton of products on it just yet but as morgan added to it i think it's really nice to have that chrome extension so you can see it right on whatever platform you're looking at the next tool is called dune analytics and this is a tool that i use for analytic tracking of nfts now for things like crypto and stocks and other things obviously you like to look at charts to see you know highs lows support areas technical analysis do all kinds of different stuff on the charts to determine the price action of a particular crypto but for nfts that's still relatively new but dune analytics does a fantastic job of being able to track the important data that you want to see for nfts and trust me it is important that you track the data and i will say this not a lot of people are going to want to spend the time to do this but i think and i've seen it happen before with my own experience looking at projects and their analytics as opposed to just how the community is and how the art is i think is really important to have some data-driven analysis to determine which projects you want to buy into what i really like to use this site for is specific projects so we're going to go to board api club because it's one of the biggest ones you can sort up here by interval of day time hour whatever you want to do but the most important thing on this site i think for me particularly is looking at the floor prices of each project this is a good graph over time from april all the way till now and you can see the average forward price each day of the board api club this to me is important when you look at a project and you say hey this project may be two months old and its floor price is up really high right now we'll see where the price has been in the past has it held sturdy you can see board api club has been holding a 40 ethereum floor give or take on the day since middle of august so several months now it's been holding this 40 ethereum price floor to me that's a sign of a good stable project that has a strong community behind it the collectors in the space really believe in the project and it's not getting these massive pumps and dumps we don't want to see any of that on projects we're buying in because it's very hard to predict where that price floor might be in the future so this is a site that i like to look at you can see all different kinds of data you can see the top sales you can see who owns the most of them the four prices over time like i said before you can see the volume you can see all kinds of different data depending on which project it is and then you can favorite all these different products that you like to look at so for me i like to look at the dogepound one a lot this one's a really clean looking dashboard i think you can see the amount of doges that the top holder owns so you can see how decentralized the project is you can see the current floor the average amount each person owns i actually own three so i own higher than the average amount and you can see right here the price floor action to me this project i really like the price floor action of it because over time it's consistently going up it's coming down now because it just released the launch pad for the jrny crypto partnership right there so it's going to come off of that price a little bit but the important thing to me is it's trending upward over time and it's very very very difficult to see this on a platform like openc it's almost impossible to find this analytic anywhere else and see it easily so visualizing this data to me is really important okay the next tool that i have here is back to rarity tools because they have an upcoming nft sales one of the biggest questions that people ask is how do you find these projects well the easiest way to do it to start is to find an nft calendar and there are a bunch of different sites like i said rarity tools has an upcoming nft section where you can go and see all the nft projects they have listed keep in mind some of these are sponsored some of these are paid they charge people to put their projects on the site so just know that some of these projects are actually paying for this kind of advertising and rarity tools isn't always picking the best projects they're picking people that pay them sometimes so keep that in mind another one is next drop dot is you can see all these here kind of sloppy website to be honest with you but you can see some of the projects have going on here nft calendar dot io is another one but the best one that i found so far is nft go it's pretty much in beta at the moment but if you go to their nft drop section and click learn more you can see that theirs is the cleanest looking site i've found so far it's got the project name it's got the price total date and you can actually see all of their links right here you can even go to their mint site right here and it's quick and easy to see all the different places you can go all the different projects that are available and how much longer until they're actually launching i think this is by far the cleanest site i've seen so far you can sort by day it's all in one spot easy to analyze very quickly and check out the last thing you might be wondering is okay how can i sell my own nft although there are a bunch of different ways to sell nfts i'm going to show you the simplest and easiest one for if you only have a handful of different media pieces in your collection if you have something like a 10 000 generative collection like a profile picture collection you're gonna need to watch another video but for this one i'll show you how to walk through it really easy and quick first you'll want to head over to openc.io and then once you've logged into your account you're going to want to click create openc will prompt you with a signature request which you're gonna have to sign and then you're gonna be able to create a new item on the platform now your nft can be anything it can be a jpeg a png it can be audio visual 3d models it can even be a game it can be pretty much whatever media you want to put on the platform so for this example we're going to go ahead and just use one of my thumbnails as a nft example you go ahead and name the item we're going to name the item airdrop external link this can link to any website you want to help the user learn more about the nft itself so we'll just put our youtube channel as the external link for the description section you're going to want to put a detailed description you can see right here for the dogepound puppies this is where the description is going to be for the listing so just make sure you describe what your overall project is about why it's unique why it's valuable the next part here is setting up your collection this is going to be the collection that your item that you're creating right now this single nft is part of you can add properties levels stats unlockable content all kinds of different stuff and if you go back to the doj pound example you can see the properties right here that the doj pound has it has background eyes fur mouth hair hats all different kinds of traits this one only has five traits but there could be up to i don't even know 10 20 traits if you wanted to so for this example we're gonna just put that it's a picture and it's a thumbnail the next really important section here is the supply how many nfts are in existence as we talked about earlier in the video right now there is only the option to do one nft which is exactly what non-fungible token means it's a one-of-one so the supply will have to be one for now then you can go and choose which blockchain it's on openc only works with ethereum and by proxy it has polygon which is a faster gas free experience i am a big supporter of polygon i own a bunch of it but for this example we're gonna put it on ethereum because that's where most entities live right now and that's it you are literally done already you can click create and you're gonna have your first ever nft created there it is and obviously it needs some work because we haven't made a collection set up yet so it's currently on untitled collection one two five eight eight zero eight one it's owned by me as you can see i have the ability to edit the nft or i can go and sell it on the marketplace right now for whatever price i want there you go that is actually how easy it is to set up and sell an nft on openc obviously there are major limitations with this method it's only one at a time and you can't do any generative type content on here it's basically whatever you have as a media file you can upload and make it an nft immediately all right that was a long video and hopefully you watched all the way through if you did let me know you're a real one by commenting cookie down below in the comments and if you've made it this far you gotta smack like in the video help us sell help the community grow help the channel grow and i hope you got a lot of value out of this content if you did and you want to see more just like this subscribe and turn on notifications so you don't miss any new videos where we help you guys make money for yourself we'll see you guys all next time have a fantastic day take care you

Channel: Matt's Crypto

Views: 195,820

Keywords: Crypto NFTs, Make money with NFTs, Sell NFTs, Buy NFTs, How to Buy and Sell NFTs For Passive Income, What is an NFT, nft crypto, nft art, non fungible token, crypto art, sell nft art, how to buy nfts, opensea nft tutorial, opensea, nft guide, nfts for beginners, bored ape yacht club, matts crypto, matt crypto, easy nft guide, full nft guide, how to sell nfts for profit, how to make money on nfts, nft tips, solana nft, sol nft, nfts to buy now, nft beginner guide

Id: XFfzjWCO-SU

Length: 34min 22sec (2062 seconds)

Published: Mon Nov 29 2021