Five Finest Platforms to Create NFTs Without Spending- By Azgari Lipshy
As the need for NFTs has grown, a multitude of NFT exchanges and platforms have emerged. When looking to buy or sell NFT paintings and other products, you have several possibilities thanks to the proliferation of NFT marketplaces.
“Most digital markets should satisfy your requirements, whether you’re looking to buy, sell, or learn more about NFTs.”
NFTs (Non-Fungible Tokens) are becoming increasingly popular. Due to the insanely high value of some pieces—with one selling for a record US$91.8 million—it’s no surprise that crypto enthusiasts are jumping in on the bandwagon, hoping to create the next big thing.
In this article, I will discuss the top five platforms great for creating NFTs for free! But first, what are NFTs? Let’s find out!
What are NFTs?
Non-Fungible Tokens are digital, non-exchangeable assets representing real-world objects like digital artwork, videos, music, and in-game items. These unique cryptographic tokens are stored on a blockchain (usually the Ethereum blockchain) and cannot be replicated, modified, or exchanged.
In this article, I will discuss the top five platforms great for creating NFTs for free! But first, what are NFTs? Let’s find out!
What are NFTs?
Non-Fungible Tokens are digital, non-exchangeable assets representing real-world objects like digital artwork, videos, music, and in-game items. These unique cryptographic tokens are stored on a blockchain (usually the Ethereum blockchain) and cannot be replicated, modified, or exchanged.
In lay terms, NFTs are unique digital works that cannot be replaced with something else. Unlike fungible tokens like cryptocurrency, which are exchanged for something of their worth, NFTs are usually sold for huge amounts.
Where Can I Create Them for Free?
Now that we have a fundamental knowledge of what an NFT is, let’s get on to the fun stuff—the best platforms for the free creation (or minting) of NFTs. Pay careful attention as you read on!
1. OpenSea
With over 1.5 million active users, OpenSea is like the Amazon of non-fungible tokens. It was the first and largest platform for creating, selling, and buying NFTs worldwide. Popular projects like Azuki and BAYC were minted on the OpenSea platform. OpenSea supports the minting of various digital assets, including in-game items, audio recordings, digital artwork, and photography.
The platform supports over 150 cryptocurrencies and offers the Polygon, Klatyn, and Ethereum blockchains. However, expect to pay higher gas fees since most purchases would be made using Ethereum. Recently, OpenSea introduced its gas-free NFT minting option, but they still charge 2.5% on every transaction on their platform.
Where Can I Create Them for Free?
Now that we have a fundamental knowledge of what an NFT is, let’s get on to the fun stuff—the best platforms for the free creation (or minting) of NFTs. Pay careful attention as you read on!
1. OpenSea
With over 1.5 million active users, OpenSea is like the Amazon of non-fungible tokens. It was the first and largest platform for creating, selling, and buying NFTs worldwide. Popular projects like Azuki and BAYC were minted on the OpenSea platform. OpenSea supports the minting of various digital assets, including in-game items, audio recordings, digital artwork, and photography.
The platform supports over 150 cryptocurrencies and offers the Polygon, Klatyn, and Ethereum blockchains. However, expect to pay higher gas fees since most purchases would be made using Ethereum. Recently, OpenSea introduced its gas-free NFT minting option, but they still charge 2.5% on every transaction on their platform.
2. Binance NFT
Binance is arguably one of the biggest cryptocurrency exchanges in the world today. Its NFT platform is an excellent option for digital artists and NFT creators looking to mint without spending a lot of money. Although the platform, a crypto exchanger, features hundreds of cryptocurrencies, it only allows bidding in ETH, BUSD, or BNB.
Binance NFT charges only 1% per transaction on its platform, which is cheaper than the 2.5% OpenSea charges. Also, because it is an exchanger, it is easier to cash out money in fiat currency. There’s also an advantage of owning the platform’s native coin, the Binance Token (or BNB), as buying and selling NFTs on the platform becomes a more seamless operation.
In partnership with thousands of NFT creators, the platform charges 0.005 BNB for NFT minting, but the first ten are free.
Binance is arguably one of the biggest cryptocurrency exchanges in the world today. Its NFT platform is an excellent option for digital artists and NFT creators looking to mint without spending a lot of money. Although the platform, a crypto exchanger, features hundreds of cryptocurrencies, it only allows bidding in ETH, BUSD, or BNB.
Binance NFT charges only 1% per transaction on its platform, which is cheaper than the 2.5% OpenSea charges. Also, because it is an exchanger, it is easier to cash out money in fiat currency. There’s also an advantage of owning the platform’s native coin, the Binance Token (or BNB), as buying and selling NFTs on the platform becomes a more seamless operation.
In partnership with thousands of NFT creators, the platform charges 0.005 BNB for NFT minting, but the first ten are free.
3. Rarible
Rarible is another excellent platform for minting NFTs — especially those focused on art and photography. It is ideal for skilled digital artists and photographers. The platform supports the Tezos, Flow, and Ethereum blockchains and has its native token, RARI.
Because it supports the Tezos blockchain, you can significantly cut gas fees because, unlike the costly Ethereum blockchain gas fees, Tezos charges only $0.5 to mint NFTs. Rarible offers a unique feature called “lazy minting,” which allows a creator to mint an NFT for free and deduct the gas fees when someone makes a purchase. It is worth noting that while this option exists, this platform still charges both sellers and buyers a 2.5% fee per transaction.
4. Nifty Gateway
Nifty Gateway platform and marketplace featured some of the most expensive NFT sales, especially in the trend’s early days. Murat Pak’s NFT, The Merge, was sold on this platform at an incredible price of $91.8 million in December 2021, becoming the most expensive NFT ever sold. Beeple’s Crossroad also sold for millions of dollars on this platform.
Rarible is another excellent platform for minting NFTs — especially those focused on art and photography. It is ideal for skilled digital artists and photographers. The platform supports the Tezos, Flow, and Ethereum blockchains and has its native token, RARI.
Because it supports the Tezos blockchain, you can significantly cut gas fees because, unlike the costly Ethereum blockchain gas fees, Tezos charges only $0.5 to mint NFTs. Rarible offers a unique feature called “lazy minting,” which allows a creator to mint an NFT for free and deduct the gas fees when someone makes a purchase. It is worth noting that while this option exists, this platform still charges both sellers and buyers a 2.5% fee per transaction.
4. Nifty Gateway
Nifty Gateway platform and marketplace featured some of the most expensive NFT sales, especially in the trend’s early days. Murat Pak’s NFT, The Merge, was sold on this platform at an incredible price of $91.8 million in December 2021, becoming the most expensive NFT ever sold. Beeple’s Crossroad also sold for millions of dollars on this platform.
The platform is an excellent choice for minting and selling premium NFTs as it is the go-to marketplace for celebrities looking to buy attractive and unique digital assets. Unlike most other platforms, Nifty Gateway uses a unique “open editions” feature that allows it to create an unlimited number of NFT variants for a brief time. The creator’s ability to modify the collection is timed. Once the timer runs out, the creator cannot issue more non-fungible tokens from that collection. This feature serves to encourage exclusivity among holders and to improve sales.
In addition to featuring NFTs listed on other platforms on their own, Nifty offers free minting for all on-platform minting and transactions.
In addition to featuring NFTs listed on other platforms on their own, Nifty offers free minting for all on-platform minting and transactions.
5. Async Art
Async Art is another excellent platform for NFT minting. Like Rarible, it is a great option for digital artists as it primarily focuses on programmable digital art split into layers. The use of layers allows the NFTs on Async Art to be customized and programmed even by other artists. During the creation of programmable art, the platform enables an artist to specify the rules for each layer, allowing other artists to understand and follow the creator’s vision.
Async Art allows the minting of NFTs on its platform for a standard price. But once the creator has reached a specific limit, the minting price will change depending on prevailing market conditions.
However, the platform supports gasless minting, giving users and creators the option of making “Gasless Autonomous Art.”
6. Concluding Thoughts
I’ve got you the best platforms. Happily, the abundance of NFT minting platforms makes it easier and more affordable to create NFTs today. The above list isn’t even exhaustive. Before choosing one, however, I want you to consider which one best serves your needs.
Alternatively, there are great graphic design apps that you can use to create these NFTs on your phones and upload them to any marketplace of your choice. You can get started on your NFT minting project today!
About the Author
Azgari Lipshy writes about technology, yoga, and her solo travels worldwide.
SOURCE CREDIT:
https://azgarilipshyblog.wordpress.com/2022/09/22/five-finest-platforms-to-create-nfts-without-spending-by-azgari-lipshy/
Async Art is another excellent platform for NFT minting. Like Rarible, it is a great option for digital artists as it primarily focuses on programmable digital art split into layers. The use of layers allows the NFTs on Async Art to be customized and programmed even by other artists. During the creation of programmable art, the platform enables an artist to specify the rules for each layer, allowing other artists to understand and follow the creator’s vision.
Async Art allows the minting of NFTs on its platform for a standard price. But once the creator has reached a specific limit, the minting price will change depending on prevailing market conditions.
However, the platform supports gasless minting, giving users and creators the option of making “Gasless Autonomous Art.”
6. Concluding Thoughts
I’ve got you the best platforms. Happily, the abundance of NFT minting platforms makes it easier and more affordable to create NFTs today. The above list isn’t even exhaustive. Before choosing one, however, I want you to consider which one best serves your needs.
Alternatively, there are great graphic design apps that you can use to create these NFTs on your phones and upload them to any marketplace of your choice. You can get started on your NFT minting project today!
About the Author
Azgari Lipshy writes about technology, yoga, and her solo travels worldwide.
SOURCE CREDIT:
https://azgarilipshyblog.wordpress.com/2022/09/22/five-finest-platforms-to-create-nfts-without-spending-by-azgari-lipshy/
