And I’m back, coming at you with another day of Lenovo work experiences! So, I figured that today I would explain to you what exactly creating an NFT entails, as well as introduce you to Howard the NFT! (currently not for sale). Anyways, to create a picture NFT, you need the picture (which we have from yesterday), along with Ethereum “gas”, an NFT wallet, and a marketplace to sell it on.
Ethereum gas, first off, is the term given to the transaction money that you spend when creating an NFT. The cost of gas changes based upon the number of transactions currently occurring on the network at the time; essentially, it helps pay for the computing power used to process the NFT.
Now then, the wallet is where all your NFT blockchains and data are stored. You need to keep this secure- I used MetaMask for this. The market is where the NFT’s are traded- I used OpenSea, because it doesn’t cost gas to create NFT’s- only to sell them. And with all of that, here he is: Howard Orphaneater himself!