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IntroductionThe NFT marketplace is evolving. Over the past year, OpenSea has seen increasing pressure from new competitors eating away at its market share. LooksRare, X2Y2, Sudoswap, and Blur have decreased OpenSea's NFT Volume market share from 99% to 50-30% depending on the week.Market Share for NFT Marketplaces by WeekWhile OpenSea may have been one of the darling companies of the web3 era, there is one thing that it's lacking that all of its competitors have: a token. This left ...
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When considering the future of airdrops, it's easy to feel optimistic about their potential for aligning users of crypto networks. It’s just as valid to express skepticism based on the current state of the instrument. While it's clear that more experimentation is necessary in order to properly harness their power, the required overhead and lack of tooling to execute airdrops are prohibitive. But what are they, anyway?What is an Airdrop?Simply put, airdrops distribute tokens to past,...
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Deploy, refer, and complete quests for cryptoParticipation lies at the heart of the crypto ecosystem. It’s the collective effort of countless participants worldwide that ensures the functionality, security, and growth of decentralized protocols. But beyond it being a mechanism for sustaining networks, participation embodies the very ethos of crypto and why it exists - to increase economic opportunities for every individual. Earlier this year we launched Quest Protocol, making it easy for anyo...
The onchain distribution network of Boost Protocol. Target, acquire and engage users with token incentives to drive growth.
BoostBeyond Hype: Understanding the Impact of Airdrops on NFT Marketplace Performance
IntroductionThe NFT marketplace is evolving. Over the past year, OpenSea has seen increasing pressure from new competitors eating away at its market share. LooksRare, X2Y2, Sudoswap, and Blur have decreased OpenSea's NFT Volume market share from 99% to 50-30% depending on the week.Market Share for NFT Marketplaces by WeekWhile OpenSea may have been one of the darling companies of the web3 era, there is one thing that it's lacking that all of its competitors have: a token. This left ...
BoostAirdrop Design | Past, Present, & Future
When considering the future of airdrops, it's easy to feel optimistic about their potential for aligning users of crypto networks. It’s just as valid to express skepticism based on the current state of the instrument. While it's clear that more experimentation is necessary in order to properly harness their power, the required overhead and lack of tooling to execute airdrops are prohibitive. But what are they, anyway?What is an Airdrop?Simply put, airdrops distribute tokens to past,...
BoostIntroducing Quest Protocol Rewards
Deploy, refer, and complete quests for cryptoParticipation lies at the heart of the crypto ecosystem. It’s the collective effort of countless participants worldwide that ensures the functionality, security, and growth of decentralized protocols. But beyond it being a mechanism for sustaining networks, participation embodies the very ethos of crypto and why it exists - to increase economic opportunities for every individual. Earlier this year we launched Quest Protocol, making it easy for anyo...
The onchain distribution network of Boost Protocol. Target, acquire and engage users with token incentives to drive growth.
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In this tutorial, you’ll learn how to mint your own NFT on OpenSea.
Metamask/Rainbow wallet (or another web3 wallet)
ETH for gas fees
OpenSea is a peer-to-peer marketplace for trading NFTs. NFTs can be anything from works of art to virtual land, in-game items, and other utility tokens. By collecting NFTs from multiple blockchains, OpenSea acts as a one-stop shop where most collectors go to discover and purchase NFTs.
Click on the wallet icon at the top right and connect your wallet. (If you’re using a Rainbow Wallet, you can connect it using the WalletConnect option)
A Collection is like a folder that allows you to group NFTs that are part of the same series. Each collection has a unique link that displays only the NFTs that are part of that collection. If you are minting a lot of NFTs for different reasons, creating a collection is a good way to organize them and also makes it easy for collectors to access. For example, here is the Rabbithole Quest NFT collection on OpenSea
https://opensea.io/collection/rabbitholegg
To create a collection, go to https://opensea.io/collections and click on “Create a Collection”.
You’ll need to create a few assets in order to create your collection
Logo Image. Recommended Size: 350 * 350 (Required)
Feature Image. Recommended Size: 600 * 400 (Optional)
This image will be used when featuring your collection on the homepage or other pages on OpenSea.
Banner Image. Recommended Size: 1400 * 400 (Optional)
This image appears at the top of the collection page.
Add the Name of your Collection
Customize the URL of your collection.
Add a description. The limit is 1000 characters and you can use Markdown!
Select the Category that your collection represents
You can choose from Art, Music, Trading Cards, Collectibles, Sports, and Utility.
Add External Links
You can link to your website, Discord server, Twitter, Instagram, Medium, and Telegram. All links are Optional.
Add the Royalty
This allows you to define the percentage of secondary sales that you’d like to receive. You can set a royalty of up to 10%
Once you enter a value, you can add a payout wallet address. Royalties are paid out monthly to the address that you list.
Choose the default blockchain
NFTs that are added to this collection will be minted on the blockchain you choose.
You can choose Ethereum or Polygon. The transaction and gas fees on Polygon are very cheap compared to the Ethereum Mainnet.
Choose the blockchain that is most relevant to your application.
NSFW Toggle
If your collection will contain items that are NSFW, click on the toggle. This will protect users that have SafeSearch enabled while browsing OpenSea
Go to https://opensea.io/asset/create. This page allows you to add information about your NFT and mint it.
Upload the file you’d like to NFT.
OpenSea supports a range of file types like JPG, PNG, GIF, MP4, WEBM, MP3, and more.
The maximum file size supported is 40 MB.
Add the name of the item, an external link, and a description.
Markdown is supported in the description.
Select the Collection that you’d like to add the NFT to.
If you’re creating an NFT series with multiple NFTs that have different traits, you can use the Properties, Levels, and Stats options to include them. This will allow users to calculate how rare a particular trait is.
Add Unlockable Content
This content can only be unlocked by the owner of the NFT. You can add a link to a private discord server, link to the high-quality file, etc
NSFW Toggle.
Select this if your item is NSFW
Blockchain
You can choose either Ethereum or Polygon.
Minting on Ethereum is expensive due to the transaction and gas fees.
Minting on Polygon is very cheap.
Supply.
If you choose to mint on Ethereum, you can only choose to mint 1 NFT. Minting on Polygon allows you to mint multiple copies.
Your NFT is now live! You can now choose to list it for sale. Listing it is free. Add the price of the NFT and sign a gasless transaction with your wallet to confirm the listing.
Congratulations! You have now minted an NFT on OpenSea!
In this tutorial, you’ll learn how to mint your own NFT on OpenSea.
Metamask/Rainbow wallet (or another web3 wallet)
ETH for gas fees
OpenSea is a peer-to-peer marketplace for trading NFTs. NFTs can be anything from works of art to virtual land, in-game items, and other utility tokens. By collecting NFTs from multiple blockchains, OpenSea acts as a one-stop shop where most collectors go to discover and purchase NFTs.
Click on the wallet icon at the top right and connect your wallet. (If you’re using a Rainbow Wallet, you can connect it using the WalletConnect option)
A Collection is like a folder that allows you to group NFTs that are part of the same series. Each collection has a unique link that displays only the NFTs that are part of that collection. If you are minting a lot of NFTs for different reasons, creating a collection is a good way to organize them and also makes it easy for collectors to access. For example, here is the Rabbithole Quest NFT collection on OpenSea
https://opensea.io/collection/rabbitholegg
To create a collection, go to https://opensea.io/collections and click on “Create a Collection”.
You’ll need to create a few assets in order to create your collection
Logo Image. Recommended Size: 350 * 350 (Required)
Feature Image. Recommended Size: 600 * 400 (Optional)
This image will be used when featuring your collection on the homepage or other pages on OpenSea.
Banner Image. Recommended Size: 1400 * 400 (Optional)
This image appears at the top of the collection page.
Add the Name of your Collection
Customize the URL of your collection.
Add a description. The limit is 1000 characters and you can use Markdown!
Select the Category that your collection represents
You can choose from Art, Music, Trading Cards, Collectibles, Sports, and Utility.
Add External Links
You can link to your website, Discord server, Twitter, Instagram, Medium, and Telegram. All links are Optional.
Add the Royalty
This allows you to define the percentage of secondary sales that you’d like to receive. You can set a royalty of up to 10%
Once you enter a value, you can add a payout wallet address. Royalties are paid out monthly to the address that you list.
Choose the default blockchain
NFTs that are added to this collection will be minted on the blockchain you choose.
You can choose Ethereum or Polygon. The transaction and gas fees on Polygon are very cheap compared to the Ethereum Mainnet.
Choose the blockchain that is most relevant to your application.
NSFW Toggle
If your collection will contain items that are NSFW, click on the toggle. This will protect users that have SafeSearch enabled while browsing OpenSea
Go to https://opensea.io/asset/create. This page allows you to add information about your NFT and mint it.
Upload the file you’d like to NFT.
OpenSea supports a range of file types like JPG, PNG, GIF, MP4, WEBM, MP3, and more.
The maximum file size supported is 40 MB.
Add the name of the item, an external link, and a description.
Markdown is supported in the description.
Select the Collection that you’d like to add the NFT to.
If you’re creating an NFT series with multiple NFTs that have different traits, you can use the Properties, Levels, and Stats options to include them. This will allow users to calculate how rare a particular trait is.
Add Unlockable Content
This content can only be unlocked by the owner of the NFT. You can add a link to a private discord server, link to the high-quality file, etc
NSFW Toggle.
Select this if your item is NSFW
Blockchain
You can choose either Ethereum or Polygon.
Minting on Ethereum is expensive due to the transaction and gas fees.
Minting on Polygon is very cheap.
Supply.
If you choose to mint on Ethereum, you can only choose to mint 1 NFT. Minting on Polygon allows you to mint multiple copies.
Your NFT is now live! You can now choose to list it for sale. Listing it is free. Add the price of the NFT and sign a gasless transaction with your wallet to confirm the listing.
Congratulations! You have now minted an NFT on OpenSea!
Click on Create.
Click on Create.
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