Summary

The article encourages artists and creators to take advantage of the upcoming Binance NFT Marketplace launch by creating and marketing their NFTs now to gain a competitive edge and benefit from lower fees and potential high returns.

Abstract

The author, an artist who experiments with phone photography, advocates for early involvement in the NFT space by leveraging the forthcoming Binance NFT Marketplace. The platform, which is part of the Binance Smart Chain (BSC) ecosystem, is anticipated to be significant due to its lower transaction fees compared to Ethereum's blockchain. The article emphasizes the importance of understanding NFTs as unique digital assets, similar to collectibles in the physical world, which provide ownership and potential ongoing royalties to creators. With the marketplace launching in June, the author suggests creators use the remaining time to market their NFTs effectively through social media platforms like Twitter and Reddit, and content platforms like Medium, to build a fanbase and hype around their work. The creation of NFTs is described as straightforward, and the author stresses the opportunity to be among the first in a less saturated marketplace, which could lead to greater visibility and evaluation of their unique projects.

Opinions

The author believes that being an early adopter in the Binance NFT Marketplace can lead to less competition, lower investment risks, and potentially higher returns.
They express that the reduced fees on the BSC make it an attractive option for entry-level NFT creators.
The author suggests that creators should focus on creating a compelling background story for their NFT to increase its value and desirability.
They recommend using social media and online communities to build anticipation and create a bidding war for the NFTs once they hit the marketplace.
The author is confident that the Binance NFT Marketplace will offer a significant opportunity for creators to showcase their work and should be considered over existing, more crowded marketplaces.
They personally plan to create a one-of-a-kind NFT that combines elements not seen before in the market, aiming to set a high standard for evaluation.

If You Want To Create NFTs, Consider Doing It Now

Be ahead of the market, prepare for Binance’s NFT marketplace coming in June.

I’m an artist. Apart from the fact that I write articles here, I experiment with phone photography.

NFTs (non-fungible tokens) is a great way for me to earn something for my unique work. So, I tried to learn more about it. Being ahead of the fast-growing market is always a problem. Today, I feel like I found my gem.

I want to share it with you.

Although NFTs are selling in many blockchains as of now, Binance’s NFT marketplace is bound to be the biggest in the BSC (Binance Smart Chain) ecosystem. And probably one of the biggest in NFT.

The huge difference between this and Ethereums blockchain is the fees. BSC offers its services way cheaper than their competitor. For an entry-level NFT creator like me, and you, this is great news.

This means less risk for your investment. More ROI as well.

But the biggest benefit is the fact that you can be ahead of the game because it’s not even up yet.

What’s the so-called NFT, though?

Non-fungible token.

What? You didn't understand? Neither did I.

NFT is blockchain crypto art, in a way. It’s exactly like going into a gallery and buying your favorite painting.

It’s unique. It can’t be replaced with something else. It’s like a collectible.

The difference from someone downloading freely your art is that you have ownership of the work. You will own the original. For collectors, this is their goal. For sellers, they want collectors who will invest a big bag of money for their work.

In the digital world, you can create an NFT from anything you want. Even a tweet. Better, even from your articles on Medium.

You have less than a month till Binance NFT Marketplace goes live.

The exact launch date is unknown, as of now. What does that mean? It can be anywhere in June. We may have 15 days or 45. Still, that's enough for some promotion and building.

Marketing the NFT

You have a couple of days to set up your Twitter, promote the hell out of it, creating a fanbase, and let them compete when you do an auction for your NFT.

Remember, you’ll still earn 10% of the next sale of your NFT. That’s a great way to get unexpected bonuses for your high-quality work even after it leaves your hands.

Try using tags like #nft and find your audience.

Tweeting once per day about it, joining some NFT groups, (plenty of them in Reddit, just type NFT), Write a post here on Medium as well. Everything can add up to getting more out of your NFT.

Creating an NFT

This is not tricky. Assuming that your NFT is done, Creating the NFT inside the marketplace will be a matter of minutes.

Just follow the instructions that will be presented there and you’ll be done before you even know it. I can’t provide screenshots on how to do it as the marketplace isn't up for me either. Judging by other marketplaces though, it’s easier than writing here!

The hard part is figuring out what your NFT will be. It can be a jpg, a downloadable explicit file for the one who owns it. It can be whatever you decide it to be.

You can even create an NFT that is a limited edition of your first ever article. The choices are endless and are beneficial for creators like you and me.

Hyping the NFT

Create a background for your NFT. Give it value. We are all writers here, so we surely know how to use words to our advantage. If you got curated on Medium, I’m sure you can create something of the same value for your NFT.

Give them a reason to want your NFT. For me, it will be a one-of-a-kind image. Nothing like that exists in the market so far — you'll see when it goes live!

The story will be fulfilling. Whoever invests in my NFT, will do it because of the background. The years of preparation and the work behind it.

Why Binance NFT Marketplace instead of existing projects?

Do you want to enter a market with 1 million competitors or with 1 thousand? Do you want to enter an NFT marketplace that is up for months or one that launched that very day you publish your work?

That’s the reason I consider being one of the first in there. And that’s why I’m creating my NFT before Binance releases their marketplace.

I’m creating a one-of-a-kind project, combining things you have never seen before. I want it to be the best it can be. My work needs to be evaluated accordingly.

So I will treat myself to the best option available.

Are you ready to do so as well?

Final thoughts

Creators found a great way to make some money for their work from NFTs. You and me, we are all creators in a way. You can make an NFT from your own article as well, for instance.

This is the best time to do so. Binance offers the ability for you to become one of the firsts in their marketplace.

Being first is always nice. The marketplace will be available for creators, buyers, and sellers in June.

That gives us a one-month deadline to create something unique, promote it and hype it accordingly.

I hope that you’ll take the chance and benefit from it. Let me hear your thoughts.