How To Create NFTs On Wax
This article will teach you how to create NFTs on Wax, what is Wax, how does Wax work, a brief history and summary of Wax as a project.
đ¤ What is WAX
WAX is a company, blockchain, project that is leading NFT network in the entertainment field. In 2018, the company launched vIRLs, enabling consumer products companies to link NFTs directly to physical consumer products. It was founded in 2017 by William E. Quigley and Jonathan Yantis to provide anyone anywhere in the world with the safest and most convenient way to create, buy, sell and trade virtual and physical products (NFT and vIRL). WAX has facilitated the transaction of more than 100 million digital collectibles, including Major League Baseball (via the Topps MLB collection), Capcom's "Street Fighter" and world-renowned artists Deadmau5 and Weezer. You can find their website here.
đ§ How To Create NFTs on WAX
The simplest way to create your first NFT on WAX is using AtomicHubâs convenient NFT Creator. Log in using your WAX Cloud Wallet or one of the other options at AtomicHub.
Click âCreate New Collectionâ
Add a collection photo. Pro tip: using an image that has a transparent background looks more appealing.
Enter your collection name. Pick a meaningful name that describes your collection best. This one needs to be exactly 12 characters long.
Enter a display name for your collection. On this, you have creative freedom. Pick whatever you want.
Got a website, Twitter profile, or anything else thatâs related to your collection? Make sure to let collectors know and fill out the âWebsite URLâ input.
What is your new collection all about? What do you want collectors to know? Enter a collection description.
Set a market fee. The percentage you enter here is what YOU will earn every time your NFTs in this collection sell on ANY WAX-powered secondary market.
Once youâre done, click âCreate Collectionâ and confirm the transaction that pops up in a new window.
đž Itâs time to create your first âSchemaâ
A schema is being used to have a layout for your NFTs. Itâs like creating a Series within your collection. For example, deadmau5 is the collection name, and series1 is what his schema is called. A schema name can be 12 characters long.
What attributes should your NFT have besides the name & image? These are your file/format options:
img = Primary image of your NFT (Type: Image)
backing = Secondary image of your NFT (Type: Image)
video = Displays your NFT in a video format (Type: IPFS)
audio = Displays your NFT in an audio format (Type: IPFS)
Make sure to pick the right âAttribute Type,â once confirmed, you can NOT edit this. Already fat-fingered? No worries, only filled-out attribute inputs are being displayed later. Add what you intended to add. You can also add more attributes. Later on, this will not update already minted NFTs.
The final step weâve all been waiting for: Minting your first NFT!
Once your schema is created, click the âMint New Assetâ button. Hereâs how you do it, step by step:
Upload your file by clicking âAdd an imageâ
Is your file larger than 2MB? Upload your files directly to IPFS using pinata.cloud. Create an account, upload your file and enter the IPFS Hash manually as shown here:
The image preview will immediately show up on AtomicHub.
2. Fill out other attribute inputs. Whatâs the title & description of your NFT? Does it have any other files you want to attach? This is the time to make sure everything is correct. Keep in mind, once have minted you cannot alter it.
â Conclusion
WAX also launches sales in conjunction with partners which can be purchased with either WAX Tokens or a credit card (depending on the partner and the sale). In the past they have sold out in as quickly as nine minutes, so stay tuned to WAXâs social media channels for news about upcoming sales: Twitter, telegram. In the case of NFTs that trade on the WAX Blockchain, you can purchase them on several NFT marketplaces, listed below (these are often referred to as âsecondary marketplacesâ because they are sold on these marketplaces after originating elsewhere â think of Amazon as a primary marketplace and eBay as a secondary marketplace). To purchase WAX NFTs on these secondary marketplaces, you need WAX Tokens which you can purchase on the websites listed here. Youâll send the WAX to your WCW name, which ends in â.wamâ Log in with your WAX Cloud Wallet, select the NFT you wish to purchase, and complete the sale as instructed by the marketplace.
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Oh yeah, we like NFTs.Â
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NFTs have many advantages over traditional securities because they do not require expensive intermediaries and can be sold in peer-to-peer networks without a centralized exchange. https://servreality.com/nft-blockchain/nft-game-development/