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Recommended Watch: How to Mint NFT's + bring your Artistic Talents to market in 2022 incl Platform Reviews (youtube.com)
#NFTs #MintingNFTs #NFTTips #NFTPlatforms #OpenSea #FTX
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0:00 The opinions expressed in the video are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security or investment product. It is only intended to provide education about the financial industry.
0:17 Today’s Story - WHY AND HOW TO MINT AN NFT
We will show u how on open sea and FTX top 2 platforms, benefits of each capabilities and drawbacks
0:26 NFT’s Trending
0:42 NFT’s on Solana Just Broke $1BN in Volume
0:54 Indonesian Teen Sells 1,000 NFT Selfies for $1.3M
1:20 Live OpenSea, MetaMask, FTX Demos
1:26 OpenSea NFT Demo - how to mint, transfer, sell etc
4:38 FTX.US NFT Demo - how to mint, transfer, sell etc
7:00 Deposit Ethereum NFTs to FTX
7:26 OpenSea Step by Step Guide
Buy Ethereum
Create a Crypto Wallet eg MetaMask
Connect Your Wallet to OpenSea
Upload your image
Fill in the fields with relevant information.
Properties
Levels
Stats
Mint it - by paying the fees
Transfer it
Sell it Auction it
How to Mint on OpenSea
In my referral link below you get 10% back - works for US and Also .Com
7:50 FTX Step by Step Guide
Fill in the fields with relevant information
Issuer: Public name for the creator of this NFT
Collection: Name for the category of this NFT
Name: Name for the batch of NFTs that this NFT belongs to
Description: A description of this specific NFT
Attribute (Optional): The attribute of your NFT and value
Upload your NFT by selecting “Choose File”
Once you submit, the FTX team approves your NFT submission
Once the NFT is approved, you will have your successfully minted NFT
8:10 FTX Minting Benefits
Buy in the currency of your choice (USD, SOL, ETH)
List on multiple chains
Fiat Onboarding or Hot Wallet eg Phantom
Self-Service NFT Minting
Marketing support for select projects
Ability to set limits on how many NFTs one user can buy to help with even distribution
No gas fees
2% marketplace fee and no gas fees
Dedicated NFT team to help with support and minting processes
Experience minting with top tier projects, such as Steph Curry's NFT’s

FTX 9:30 Cross Chain NFT Trading thru Wormhole - the interchain bridge connecting Ethereum and Solana

10:00 NFT Currency on FTX
USD
SOL
ETH

10:08 FTX Have The Lowest Fees
Unlike other platforms FTX has no cost to list
Fees are slightly different based on whether you are on the FTX international of FTX US
For FTX international, there’s a 5% fee on each sale or trade

10:23 NFT Royalties
Royalty Example
If you set a sale price of 1 ETH and have a royalty of 10% you will get a royalty each time it is sold
Royalty fee specified on the Solana NFT metadata will be deducted from the seller's proceeds on each NFT sale
Royalties are capped at a max rate of 40% on FTX
Royalties are sent to creators about every two weeks

10:40 Main NFT Risks
You lose your wallet
The price you pay eg if in ETH or SOL has a risk associated with fluctuating price - eg Sell Art for 1 ETH at $2400 today and tomorrow ETH goes to $4800 - your oppty cost is $2400. Corollary is also true.
If you buy an NFT - no promises you can sell it for what it cost you
NFT Risks
In my referral link below you get 10% back - works for US and Also .Com

11:16 FTX.US - save 10% on fees

11:38 Summary
Pick a platform with the lowest fees
Pick a platform that is cross chain capable
Pick a platform that works globally
Buy NFTs from top ethereum and solana collections with no fees
Pick a platform that accepts different currencies


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(you know what to do!)
    • 1
    Francisco Gimeno - BC Analyst While NFT's sceptics fill the social media, high schoolers and college dropouts are fully immersed in the NFT world, showing some interesting aspects of what a digital divide is about, beyond access to Internet. Understanding the implications of NFTs is not for everyone, it seems. But as we learnt how to handle crypto and DeFi, we need to learn to do the same with NFTs. As with crypto, to create a good NFT we have to go beyond the code, and the digital representation, we need to create many other things we can see in this dene and beautiful podcast. Enjoy.