HOW TO MINT AND SELL YOUR NFTs FOR FREE?
Although, at first sight, gaming and crypto industries do not have much in common, this image is entirely false. They share a similar path from being seen as a niche for enthusiasts to big money and mainstream recognition. In addition, their user base seems to overlap significantly. No surprise, the cooperation between the two seems to get tighter every day.
The NFT Craze
Ethereum was the first crypto chain that introduced smart contracts. Smart contracts are used to tie transactions to entities different than the currency itself. Needless to say, it was a huge step forward for the entire industry. It was the birth of Ethereum that made NFTs possible.
NFTs (Non-Fungible Tokens) are digital tokens based on blockchain that can be traded. They can represent any type of digital assets but are most typically associated with digital art.
Interestingly, the most notable of the early NFTs — Cryptopunks — was initially given for free. Now they are sold for half a million dollars apiece. Quite a change, isn’t it?
With such figures, there is no surprise that NFTs are driving attention.
With the rise of the popularity and demand for NFTs, congested blockchain networks have become a common problem as the gas fees for minting NFTs have become unpredictable and costly, which is a barrier to market entry. Thus, the concept of free minting was born.
The simplest way to define free minting, more commonly known as lazy minting, is the ability for a creator to sell their NFTs at no upfront cost. The responsibility for NFT minting is placed on the buyers, not on the NFT creators.
Aside from its cost-effective benefits, the free minting method can also reduce unnecessary computing power because only the NFTs that are sold will be minted.
UltiArena NFT Marketplace
There is a new player on the crypto market that offers game studios interested in NFTs an innovative and handy solution. UltiArena has just launched its NFT Marketplace. How is it different from all the other places of this kind? UltiArena NFT Marketplace is dedicated to game assets.
It’s pretty straightforward to mint your NFTs in the Ulti Arena NFT Marketplace:
- Register as an artist at https://ultiarena.com by clicking CREATE.
Connect your wallet. In this example, we will use Metamask.
2. Set a username:
3. Provide your artist profile:
4. Confirm your email address and wait for our approval.
5. When approved, you can start minting! Connect your wallet to https://ultiarena.com/ and click CREATE.
Upload your PNG or JPG file and fill out all necessary fields. DON’T FORGET TO CLICK FREE MINTING!
6. Ulti Arena also allows you to set-up custom royalties on your assets.
7. Click CREATE and wait for your asset to be uploaded.
8. Congratulations! Your assets have been uploaded to your profile and they can now be minted into NFTs!
And you certainly want to keep an eye on their NFT Marketplace as it has the potential of becoming a place of birth for many interesting indie titles in the near future.
Ulti Arena is currently in the move to secure exclusivity of NFT trading for some up-and-coming NFT games that are believed to have huge potential.
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