Humans have relied on various art forms of art and literature for expression. Over time, it has taken new forms. The digital revolution we are witnessing has left its footprints in human expression by opening doors of opportunities for memes – A digital form of expression.
We all come across memes daily. Have you ever thought about what it would be if memes were not just images that make you think and laugh but assets worth millions? Sounds crazy? Welcome to the world of Meme NFT.
Dive right in!
What is a Meme NFT?
Let us quickly rewind what an NFT is before moving into Meme NFTs.
Non-fungible tokens are unique digital assets represented using unique codes that may be traded, purchased, or retained on a blockchain or digital ledger. NFTs have the power to guarantee verifiability, uniqueness, and credibility to a specific code to stop it from being copied and protect a creator’s work. Simply put, they are digital artifacts that come in the shape of music, memes, emoticons, digital prints, short movies, pixelated punks, and more.
Now you know that Meme NFTs are the image of memes converted to NFTs. So it is an obvious question in your mind why would someone convert a meme into an NFT? Worry not; we have got you covered.
How to create a Meme NFT?
There are a lot of companies offering tokenization. Converting your meme into an NFT is as easy as opening a social media account and posting a pic.
A gist of the steps involved are:
Create a meme: First, you need to create a meme to make it as an NFT. You may post the meme you’ve made as meme NFTs in any NFT marketplaces. It can be in the format of GIFs, jpegs, PNG, etc.
Set up your wallet: You need money in the form of cryptocurrency to create, buy or sell NFT. Hence your wallet will help you store the cryptocurrency you have to make the transactions.
Choose the right meme NFT marketplace: Open an account in the chosen nft marketplace. Open sea, SuperRare, and Rarible are some of the prominent NFT marketplaces.
List your file as an NFT: Upload your file as an NFT in the marketplace.
There you go! Your meme is now listed as an NFT. Your meme will be available at the set price, just like this.
Wait for Bids: Once your NFT meme is listed, anybody may access it and submit a bid on it.
Sell Your NFT: Check your profile for any offers. You’ll be able to accept an offer if you find one suitable or if the user pays the whole amount you’ve asked for.
There you go! Your meme is now listed as an NFT.
Conclusion
NFTs are on the rise in both the present and future. It is a wonder how NFTS has turned memes from a mere mode of presenting humorous content to something with monetary value.
Meme NFTs are here to stay, opening up new opportunities to make money. Looking at the growth of the digital economy, it is quite obvious how NFTs will change how the world will interact with the internet; this is just the beginning.
Are you looking for NFT marketplace development solutions for Memes? Get in touch with us today!