Category: NFT How To

How to Buy NFTs on Coinbase

Posted on by Andrew Amarosa

Coinbase is the world’s second-largest cryptocurrency exchange, with over 73 million users. It’s best known for its easy to use interface and in-depth educational resources, making it the perfect exchange for new investors. 

Now, Coinbase has entered the NFT market with Coinbase NFT. Coinbase NFT works as an extension to the traditional Coinbase platform and requires users to re-sign in with their crypto wallet. 

Here is a step-by-step guide on how you can buy NFTs on Coinbase. 

How To Buy An NFT On Coinbase

  1. Start by heading to https://www.coinbase.com/ and creating a Coinbase account. On the login page, enter your email address and “Get started,” or click the Sign In button on the right side of the page. 
  1. Once logged in, click on the NFT tab on the bottom left hand side of the page. This will open a new tab for the Coinbase NFT platform. 
  1. From here you’ll need to sign in again. Click on the “Sign In” button on the top right and select your wallet. MetaMask and Coinbase are the two most popular options. 
  1. After signing in, look at the current trending NFTs or alternatively search for the collection you want to buy an NFT from. 
  1. Click on your chosen collection and select the NFT you want to buy. After clicking on an NFT, you can view its unique attributes, offers, and recent activity. You’ll also be able to see its “Buy Now” price. 
  1. If you want to buy the NFT instantly, click “Buy Now.” Alternatively, you can make an offer slightly lower than the Buy Now price to bag a bargain. 
  1. After placing your bid, the NFT owner will need to accept your offer. Once accepted, the transaction will be made, and the NFT will be sent to your wallet. 
  1. Congratulations! You’ve now purchased an NFT on Coinbase. 

How To Connect With Your Friends On Coinbase

As well as buying NFTs, the new Coinbase market is also introducing a social side to NFTs. Through the Coinbase extension, you can follow friends, look at their recent activity and show off your latest purchases. Here’s how. 

  1. When logged into Coinbase NFT, click on the “Following” tab at the top of your screen. 
  1. Search through the different accounts to follow, or use the search tab to look for your friend’s account. 
  1. Click on the account to look at the NFTs they own or look at their most recent activity to see what they’ve been up to.  

Coinbase NFT: The New OpenSea?

With Coinbase dominating the cryptocurrency industry, could it overtake current NFT exchanges such as OpenSea when it comes to NFT sales? At the moment, it’s a little hard to say. 

Coinbase NFT is still in its Beta phase, and it definitely feels that way. It uses a similar interface to Coinbase, but doesn’t quite have the usability of OpenSea. It lacks the different categories offered by OpenSea and seems a little limited in its offerings, with the main focus being on popular collections. 

That being said, it definitely has the potential to influence the NFT market, especially if Coinbase can successfully convert its new crypto user base to NFTs. 

Coinbase NFT FAQs

Does Coinbase Sell Solana NFTs?

No. As of December 2022 Coinbase only offers Ethereum NFTs. 

Are There Any Selling Fees On The Platform?

Coinbase is currently running an early phase sale program where there are no fees for sales. Fees will be a part of the platform after its Beta phase, though no official date has been released. 

I Have No Experience With NFTs. Can I Still Use Coinbase To Buy NFTs?

Of course. Coinbase makes it easy to buy NFTs with their dedicated wallet. This wallet will already be used as part of your cryptocurrency account, which makes it easy to adapt. You can also learn more about NFTs through the Coinbase Learning Portal. 

What Wallets Can I Use To Buy Coinbase NFTs?

Current wallets include MetaMask, Coinbase, and WalletConnect. 

I’m Experiencing An Issue With My Coinbase NFTs. Who Can I Contact?

You can contact the Coinbase team directly here. Using the support center you can report issues about the product you’re having issues with or contact the support team directly.  

Can I Buy Music NFTs on Coinbase?

No. As of December 2022 music NFTs are not available via Coinbase.

What Are The Most Popular Collections On Coinbase?

Coinbase offers some of the most popular NFT collections, including BoredApeYachtClub (BAYC), CryptoPunks, Otherdeed For Otherside, and More Loot. 

Does Coinbase Offer New Collections?

Yes! Drops are a part of the Coinbase NFT platform and can be found on the “Drops” tab. Each drop has its own countdown and a “Remind Me” button, where you can sign up with your email to be the first to hear about any project updates. You can also view comments from other investors underneath each drop. 

What Does Minting Mean When It Comes to NFTs?

Posted on by Anthony Georgiades

Minting is the process of creating an asset on the blockchain. It’s the process used to create non-fungible tokens (NFTs,) which are blockchain-based tokens that prove ownership of an item such as a piece of music, profile picture, or image. 

They first grew in popularity in 2021, with collections like Bored Ape Yacht Club and CryptoPunks making international headlines for their huge price tags. Since then, brands such as Nike and Adidas have created their collections, doubling the number of collections in just one year. 

So what exactly is minting an NFT? How does minting work, and what does it cost? In this article, we’ll answer each of these questions: how long it takes to mint an NFT, the most famous mints, and how an NFT gas war can impact the minting price.

What Is Minting An NFT?

Minting an NFT is the process of creating an asset stored on the blockchain, where its authenticity and ownership are proven. The blockchain itself can’t be edited, which makes ownership indisputable.

Minting an NFT is usually completed on platforms like OpenSea, which provides users with the tools to mint their collection. In addition to these tools, creators will also need the art they plan to use and details of unique accessories and features. Some general knowledge about blockchain technology is also useful but not essential. 

To mint a collection, creators will need a crypto wallet with the cryptocurrency needed to put their collection on the blockchain. Most NFTs are created with Ether (ETH), though Solana (SOL) and Cardano (ADA) are also popular options. 

After paying all fees and uploading the necessary files to create a new token, the platform you use will register your new asset on the blockchain, which can be listed on exchanges to generate a crypto income,

How Does NFT Minting Work?

Minting For Creators

As a creator, minting an NFT lets creators create scarcity, secondary earnings, and verified ownership. Creators can create limited edition pieces, specialized collections, and more, all of which are validated on the blockchain. 

Minting also lets creators build communities and perks for collectors who buy their NFTs and generate a passive income through “creator fees,” which charge a small percentage of each secondary sale. 

Creators can complete the process on platforms like Solsea and Opensea, which cover all complex coding, allowing creators to focus on the art. 

Minting For Collectors

As a collector, minting allows you to become part of a community. When minting from a new project, collectors become the first-ever owner of a particular NFT. Minting from a new collection is like buying a pack of collectible cards; you never know how rare the NFT will be. 

Minting as a collector requires you to go to the developer’s website. On the website, there will be an option to “Mint.” Connect your wallet, pay all fees, and your NFT will arrive in around 30 minutes. 

How Much Does Minting Cost?

The cost of minting depends on the “gas price” (transaction fee.) This is paid to the blockchain and will vary depending on the time of day and overall activity. Minting an NFT can cost as little as $0.01 but can go as high as $500 to a few thousand dollars. If gas fees are particularly high when minting an NFT, you can always return later to mint at a lower price. Just make sure the collection won’t sell out before then!

How Long Does It Take to Mint an NFT?

Minting an NFT can take anywhere from 30 minutes to 3-4 hours, depending on how experienced you are with the platform. 

The actual minting process is the stage at which your NFT is published. Before minting, you need to create the art for the collection and decide how many NFTs you plan to create and how you plan to promote the collection.

Most Famous Mints

CryptoPunks

CryptoPunks was first released in June 2017 and became the most popular NFT collection of all time. What makes this mint famous is that it was completely free. Anyone with an Ethereum wallet could claim a CryptoPunk.

Following its release, many collections replicated the 10k profile picture trend, and CryptoPunks went on to sell for millions. As of December 2022, CryptoPunks remains the most valuable NFT collection on the planet. 

Quantum 

Quantum is commonly cited as the first NFT ever minted. It was minted in May 2014

(May 2014) on a site known as Namecoin. After its initial mint, Quantum was forgotten about for years until going on auction at Sotheby’s in June 2021, where it sold for over $1 million. 

The Eternal

The Eternal is the fastest-selling NFT collection to be minted, selling out in just seven minutes. It was released by Anthony Hopkins, who partnered with NFT company Orange Comet. It was sold on 13th October and showcased 1000 NFTs consisting of 10 unique animation NFTs and 990 unique images. 

What Is an NFT Gas War?

An NFT gas war is a bit like a bidding contest with too many bidders. It starts when the demand for an NFT is higher than its supply- for example when a popular new NFT collection is released. This increase in demand causes the blockchain to slow, and consequently, some investors tip blockchain validators to speed up the transaction. As a result, the gas fee increases based on the tip. 

To beat other bidders, investors will keep paying higher fees until most investors can’t afford the gas fees. This causes the overall traffic to decrease and prioritizes the highest bidders, which can be frustrating for investors with smaller budgets as it could price them out completely. 

It’s important to note that gas fees will also differ based on the platform and the time of day. In some situations, the gas fee can be higher than the listed sale price of the NFT. Therefore, it’s important you research the gas fee before selling or buying an NFT. 

Final Thoughts: Minting Isn’t As Complex As You May Think 

Minting an NFT isn’t quite as complex as it’s made out to be. While you need to consider factors such as gas fees and the platform to mint, once you have the designs in place, most platforms will take care of everything for you. Be diligent with your research beforehand and ensure that the gas fee is within your budget- the last thing you want to do is bid for an asset only to realize you can afford the gas. 

Minting is a great way to make money as a digital creator. As NFT technology advances, its use cases and widespread adoption will also increase, making it a great time to get involved in the market. 

Magic Eden NFT Marketplace Explained (Read Before Using)

Posted on by Anthony Georgiades

Magic Eden is the world’s most popular Solana NFT marketplace, with over 10 million unique users and 20,000 daily transactions. It lets users sell non-fungible tokens (NFTs), including art and music NFTs. 

In August 2022, the company announced it would release Ethereum NFTs, though its primary blockchain would remain Solana. It also released an optional royalty model in October 2022, replacing the 2% platform fee. 

In this article, we’ll look at what the Magic Eden marketplace is, how it works, who founded it, and its unique launchpad feature. 

What Is The Magic Eden NFT Marketplace?

Magic Eden is a decentralized NFT marketplace where users can buy, create, sell and trade Solana and Ethereum NFTs. 

The platform showcases a range of NFT collections, including digital collectibles such as Okay Bears, y00ts, and the Degenerate Ape Academy, as well as music NFTs and gaming collectibles. 

As the world’s most popular Solana NFT marketplace, 90% of all secondary Solana NFT platforms are completed on Magic Eden, which has a trading volume of over $1.44 billion. 

Magic Eden raised $27 million during its Series A funding round, helping it compete with other NFT marketplaces such as OpenSea. In July 2022, Magic Eden raised an additional $130 million in a Series B funding round, which was led by Electric Capital and Greylock. Magic Eden was valued at $1.6 billion following this second funding round. 

As of December 2022, Magic Eden users have access to a marketplace where they can search using different categories such as “Most Popular,” “Auctions,” or by release date. They also have access to an insights tab, a tab for Magic Eden games, and a unique launchpad. 

When searching for a collection, users can filter stats based on the last 24 hours, week, or 30 days. They can also filter NFTs based on the unique attributes of a collection. These attributes include eyes, mouth, background, and other features. Or, if an investor has a specific budget in mind, they can filter an NFT collection based on its status and price. 

Through the insights tab, users can view live auctions and recent market activity for all collections. This is great for collectors who want to stay up to date, with options for everything from recent transactions to top holders. 

How Does The Magic Eden Marketplace Work?

To get started with Magic Eden, you need a Solana-compatible wallet such as Exodus, Trezor, or SolFlare. You then need to purchase SOL to cover the price of the NFT plus the Solana blockchain fee. 

From here, you can connect your wallet to Magic Eden by clicking the “Connect Wallet” button on the right side of the screen. You don’t need to make an account. Once connected, you can buy any NFT collection on the platform by bidding on it at auction or clicking “Buy now” to make an instant purchase. 

In November 2022 the most popular collection on Magic Eden was Claynosaurz, followed by y00ts and DeGods. The most popular collection of all time remains Okay Bears, a profile-picture NFT collection showcasing a range of bears with unique, quirky characteristics. 

Alongside a comprehensive website, Magic Eden has its own iOS app. This app lets users browse a range of NFT collections; however, it doesn’t let users buy NFTs. NFT purchases are currently limited to the web browser. 

Although mostly focused on Solana collections, Magic Eden also supports Ethereum (ETH) collections like Bored Ape Yacht Club (BAYC), Otherdeed For Otherside, and Azuki. These can be found on the “Popular Collections” tab under the “Ethereum” section. 

If you want to get involved in the future of Magic Eden, you can also purchase Magic Tickets on the site. Each ticket grants you access to the Magic Eden decentralized autonomous organization (DAO). The DAO is currently an exclusive Discord channel where users can vote on future marketplace policies. 

Who Founded The Magic Eden Marketplace

Magic Eden was founded in 2021 by four friends: Sidney Zhang, Jack Lu, Zhuoxun Yin, and Zhuojie Zhou. Before founding Magic Eden, each member had previous crypto and development experience. 

Sidney Zhang formerly worked as an Uber Eats developer, Jack Lu worked at FTX, Zhuoxun Yin was a product manager at Coinbase, and Zhuojie Zhou worked as a Facebook developer. 

Magic Eden Launchpad

To promote the adoption and success of Solana NFTs, Magic Eden created a unique launchpad to kick-start NFT artists’ projects. The launchpad works in a similar way to an art auction house, with all collections accepted by the launchpad being featured on the front page of the site. 

As well as promoting NFT collections, the Magic Eden Launchpad helps creators actually mint their NFTs. It uses an innovative automatic distribution system that takes care of the technical side of NFT creation. This lets creators focus on the artwork instead of worrying about complex coding. 

To be part of the launchpad, creators are required to go through a vigorous application process, which will look at the project, its utility, and its design. This process is extremely strict, and only 5% of applications are accepted. 

Popular launchpad collections include Syberials: Mint Scrolls, Moon Strike NFT, and WADE Collab. HumanX, Plato Eats: Foodies, and Toys R Us are also set to be released at the start of December. 

Final Thoughts: Magic Eden Is The Best Marketplace For Solana NFTs 

With over 90% of secondary Solana NFT sales, Magic Eden is by far the most preferred NFT marketplace for Solana-based projects. It’s easy to use, with a seamless interface that makes it easy to find top collections, analyze current stats and search for gaming-based NFTs. 

By combining Solana and Ethereum NFTs, the platform has made itself a one-stop shop for NFTs, where both creators and investors can find and buy the collections they want. 

The standout feature of the Magic Eden marketplace is its launchpad. As its launchpad grows in popularity, it will help the platform become the first place new creators look towards when creating their collections. This will only speed up the widespread adoption of Magic Eden, which could one day compete with the likes of OpenSea to become one of the world’s largest NFT marketplaces. 

SmartMint Banff Release

Posted on by Tiffany Behnam

Our latest release includes refined functionality, a number of additional features, support for minting on Solana, and much more!

We are very excited to announce that we have just released our SmartMint Banff update, our largest upgrade to the novel no-code minting platform to date! In this release, we have refined functionality of SmartMint’s core workflows, added a number of features to enhance user experience and minting capabilities, and extended SmartMint compatibility to support minting NFTs directly on Solana.

First, a refresher on SmartMint.

SmartMint is an NFT minting platform where users can easily create, manage, and mint NFTs on their own custom smart contracts. The tool also provides creators with additional peace of mind as it leverages Pastel’s infrastructure for near-duplicate NFT detection (Sense) and permanent NFT data storage (Cascade).

SmartMint enables creators to mint NFTs directly on Ethereum, Polygon, Solana, Pastel, and more with a simple click of a button. Creators can launch drops on SmartMint as their backend management platform and list NFTs for sale on their own site or marketplaces like OpenSea.

SmartMint makes minting NFT drops and collections easy and more powerful than ever.

SmartMint Banff Release Features

The SmartMint Banff release was a labor of love for the Pastel team. We spent countless hours ensuring SmartMint is the easiest and most powerful NFT creation platform in the ecosystem.

Please see below for details on what’s included in the latest upgrade:

Bulk Upload

  • Users can now easily utilize CSV or JSON files to automatically upload metadata and generate mass quantities of NFTs with the click of a button. No need to manually enter properties and traits for individual NFTs one at time.

Additional File Format Support

  • SmartMint now supports minting of various file types such as SVG, GIF, MP3, MP4, and more.

Solana Support

  • Users can now create NFT collections and drops directly on the Solana network via SmartMint, as we support the industry’s most up-to-date standards like Metaplex’s Candy Machine Protocol.

List-For-Sale (“Sell”) NFT Button

  • NFTs that you have created, minted, or own now have a Sell NFT Button to make listing for sale easier than ever. Simply click the button and select the marketplace of your choosing.

Submit a Request

  • User can submit tickets directly to the Pastel support team regarding issues they face on the platform. Submissions can include any issues such as those related to logging in, creating collections, and more.

Deleting Drops/Collections/NFTs

  • Creators can now delete draft collections, drops, and NFTs that have yet to be deployed.

Social Share Profile/NFT Button

  • Users can now share their own profile and NFT creations through the Social Share Button. Creators will have a link that they can send to their followers to view their profile or NFTs.

Additional Filters to View Drops and Collections

  • As your NFT profile continues to grow, we have implemented additional filters to help creators better view their various drops and collections. Filters include networks minted on, release date, mint price, and more.

Directly Download CSV Files for NFTs

  • Users can download a CSV file containing all the different metadata, properties, rankings, and stats of their NFTs.

Click on User Profile to View Collections in One Place

  • Under the Creator Info Tab, users can now view all the NFT creations as well as their Collections/Drops in one area.

CertiK Audit — Awarded the Gold CertiK KYC Badge!

Recently, we engaged CertiK to run a Smart Contract Audit of SmartMint Factory and Drop Contracts deployed on Ethereum and Polygon. We have successfully resolved all identified issues and updated the core contracts.

We are also pleased to confirm that we have successfully passed every stage of the CertiK KYC process and were awarded the official — and highest level — Gold CertiK KYC Badge!

This Comprehensive KYC Badge brings an additional security layer to our project and proves to our community and to the world our willingness to demonstrate the highest level of transparency and trustworthiness.

Our CertiK KYC Badge Award has been published on the CertiK Security Leaderboard, and can be verified here: https://www.certik.com/projects/pastel-network

SmartMint is a game-changer for the NFT ecosystem because of its simplicity and versatility. Start creating on SmartMint today!

Link to sign up: https://smartmint.pastel.network/signup

About Pastel Network

Pastel Network is a fully decentralized, developer-friendly layer-1 blockchain serving as the preeminent protocol standard for non-fungible tokens (“NFTs”) and Web3 technology.

Pastel allows for the development of third-party decentralized-applications (“DApps”) to sit on top of its Network, enabling developers to enjoy the scalable registration features, storage processes, and security of the broader ecosystem. Lightweight protocols such as Sense — which was built to assess the relative rareness of a given NFT against near-duplicate metadata — and Cascade — which conducts permanent, distributed storage of underlying NFT data — can be integrated cross-chain across various layer-1 blockchains, layer-2 protocols, or other third-party apps.

Pastel is managed by world-class developers, cryptographers, and technologists, supported alongside an experienced and extensive network of marketers, influencers, and third-party agencies. Pastel is backed by key stakeholders including Innovating Capital, a prominent venture fund.

For more information on Pastel Network, visit https://pastel.network/.

Originally Published on Pastel Network’s Medium

SmartMint vs. Other NFT Tools

Posted on by Tiffany Behnam

SmartMint — The Leading NFT Minting Platform

There are variety of tools on the market promising ease-of-use, no-code minting, and safe and secure storage. In this article, we share how SmartMint is truly differentiated from other competitors in the market such as NiftyKit and Manifold Studio.

SmartMint empowers creators without needing to know or understand much about NFTs, smart contracts, or blockchain to mint their works.

This is essential because there are various so-called no-code NFT minting platforms that include features that many creators new to the space won’t fully understand. Our objective is to make onboarding to Web3 as painless and seamless as possible. Creators should do what they do best — create — and not worry about ASCII marks, how to create un-lockable NFTs, or understand the underlying coding for NFT properties or collections.

How can we guarantee that? Well, SmartMint was developed by creators for creators and is the world’s first truly no-code NFT minting platform that provides NFT security and truly permanent decentralized storage.

So, what is SmartMint?

SmartMint is an NFT minting platform where users can easily create, manage, and mint NFTs on their own custom smart contracts. The tool also provides creators with additional peace of mind as it leverages Pastel’s infrastructure for near-duplicate NFT detection (Sense) and permanent NFT data storage (Cascade).

SmartMint enables creators to mint NFTs directly on Ethereum, Polygon, Solana, Pastel, and more with a simple click of a button. Creators can launch drops on SmartMint as their backend management platform and list NFTs for sale on their own site or marketplaces like OpenSea.

SmartMint makes minting NFT drops and collections easy and more powerful than ever.

Users can seamlessly create custom NFT Drops and Collections via smart contracts deployed on a particular network like Ethereum with the automated no-code tools provided by SmartMint.

Once a creator signs up for the SmartMint membership — which is free — and connects their digital asset wallet, they will have access to tools to create and manage custom NFT drops and collections.

The platform was developed to make minting NFTs and creating drops/collections as seamless and simple as possible. The process is broken down into three straightforward steps:

  1. Create a drop or collection
  2. Create the Custom Smart Contract
  3. Generate NFTs

From there, creators can manage existing drops, add new NFTs to existing collections, and list for sale on marketplaces like OpenSea or Rarible or airdrop to fans.

Why is SmartMint the best option for creators?

Easy.

1) Ease of Use

SmartMint is extremely simple to use. It was made for new and established creators alike. Its purpose is to allow creators to mint NFTs and deploy custom smart contracts that YOU OWN.

When we say no code we mean it — no coding is required to mint your creations. Many existing “no-code” platforms — before you even can begin minting — force you to create or upload ASCII marks. While ASCII marks are cool because they are basically your digital signature for your artwork, it requires serious know-how and technical knowledge to create. Many artists have them but the only reason they do is because they either paid someone or some separate platform / website to do it.

Let’s say you figure that out or pay someone to do it, and you finally get to create your NFTs and mint. The minting process can be complicated — using a variety of jargon without explaining it or requiring a series of steps that are truly intimidating.

SmartMint was designed to be intuitive and user-friendly. All you need to do is upload your file, select a network (like Ethereum, Polygon, or Solana), type your contract name and symbol (aka your personal stock market ticker), add your NFT details, enter your collection description, and you are DONE.

2) Multi-Chain Access

The future of Web3 is multi-chain. For this ecosystem to thrive, interoperability, consolidated access, and easy-to-use platforms working across different blockchains are key. Each blockchain provides variety of different features, attributes, and strengths, so isolating them and forcing you to manually access each one is not sustainable. Moreover, it could even lead to a stagnant, idling ecosystem where networks are cannibalizing each another for share. Interoperability and comprehensive interfaces is truly the only way for Web3 to succeed.

Pastel is a firm believer in this multi-chain future, and has built its network around interoperability and seamless bridging through the development of Pastel’s own Web3 Open APIs.

So, it was only logical to incorporate that vision and technological innovation into SmartMint.

SmartMint allows you to mint NFTs on a variety of networks, including Ethereum, Polygon, Solana, and more, very easily. With one click, you can mint on different chains — offering you versatility and optionality.

In this multi-chain future, having the ability to create custom smart contracts and mint NFTs on any chain AND on one simple platform will be extremely invaluable.

3) Permanent Storage, Data Security, and CopyMint Protection

Never worry about losing or someone copying your NFTs again.

You may ask, how?

Well, SmartMint was built by the developers behind Pastel Network — an app-specific, purpose-built native blockchain who brought the ecosystem Sense & Cascade. These two services are mission-critical for the ecosystem, and the team at Pastel decided to integrate them into the platform on the back end.

Pastel’s Cascade is a decentralized storage layer that brings you true NFT permanence on chain. You should never have to be concerned about pinning to IPFS, navigating the complexities of Arweave, or paying monthly hosting fees for centralized services.

Sense combats fraud and copymint issues through a revolutionary near-duplicate detection system that assesses the relative rareness of NFTs using ML algorithms. What does that mean? Your work is certified as authentic and rare.

So, not only is SmartMint easy to use and super straightforward, but it also provides the highest tier of NFT security, copymint protection, and permanent storage. And, this is all done without any coding or Web3 complexities.

The reason SmartMint has all these amazing features and guarantees ownership and security of your smart contracts and NFTs is because it is built on a native layer-1 blockchain. As mentioned above, the team behind Pastel Network built SmartMint on top of this powerful and robust network. So, all the functionality and capabilities of the network that have led to partnerships with major players in the ecosystem, including Avalanche and Polkadot, are running on SmartMint and supporting creators on every step of your NFT creation journey.

4) Creator Ownership: You created it — it should be yours.

Alright, so once you navigate the complexities of the other “no-code” platforms, you may actually find yourself in a position to mint your NFTs, which is exciting!

However, without ruining the mood too much, there is one question you should really ask yourself: when you create the smart contract for your NFTs do you own it?

With marketplaces, you do not retain ownership of the smart contracts and in the case of these tools you will more often than not have to deal with third-party smart contracts created out of your contract.

What does that mean? You do not actually own the smart contracts and thus the NFTs. It is a little crazy to think that you put all of this effort, time, and passion into creating amazing works and because you are not a developer or technical guru, you lose your right to them.

SmartMint is different. You own the smart contract. Period. AND you will always own it. Even in the very unlikely event that one day you decide to delete your SmartMint account, the smart contracts will always be yours.

5) Oh, and it’s FREE.

SmartMint membership is free. The only fee you pay is network gas to mint your NFTs.

SmartMint is a game-changer for the NFT ecosystem because of its simplicity and versatility. Start creating on SmartMint today!

Link to sign up: https://smartmint.pastel.network/signup

About Pastel Network

Pastel Network is a fully decentralized, developer-friendly layer-1 blockchain serving as the preeminent protocol standard for non-fungible tokens (“NFTs”) and Web3 technology.

Pastel allows for the development of third-party decentralized-applications (“DApps”) to sit on top of its Network, enabling developers to enjoy the scalable registration features, storage processes, and security of the broader ecosystem. Lightweight protocols such as Sense — which was built to assess the relative rareness of a given NFT against near-duplicate metadata — and Cascade — which conducts permanent, distributed storage of underlying NFT data — can be integrated cross-chain across various layer-1 blockchains, layer-2 protocols, or other third-party apps.

Pastel is managed by world-class developers, cryptographers, and technologists, supported alongside an experienced and extensive network of marketers, influencers, and third-party agencies. Pastel is backed by key stakeholders including Innovating Capital, a prominent venture fund.

For more information on Pastel Network, visit https://pastel.network/.

Originally Published on Pastel Network’s Medium

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