How to mint & sell an NFT?
Our user-friendly interfaces make the minting process fast and convenient
The Picipo platform aims at empowering all creators with a suite of NFT minting features that can serve any distribution intention. We spent thousands of hours of development to create interfaces in such a way as to make the minting process as simple and straightforward as possible.
Our team has conducted a customer development among active participants on the existing marketplaces, and now we can highlight with confidence that we have taken into account all the wishes and requirements of both individual artists and various intermediaries who provide assistance to young digital artists at all stages of immersion in the crypto community.
To start minting your artworks, you need to create your profile and get the status of a creator on the platform. After that, you need to click the 'Create' button in the upper right corner.
Next, you need to add the title of the work, its description, select a collection and upload the artwork itself. You can add the artwork to the marketplace collection or create your own if you have the intention of creating your own collection dedicated to a specific topic.
By scrolling below, you need to select the type of your NFT. If you are using Polygon, BNB chain or Aurora you will have two options - ERC-721 or ERC-1155.
- ERC-721 was the first standard for representing non-fungible digital assets on the Ethereum blockchain. ERC-721 is an inheritable Solidity smart contract standard, meaning that developers can create new ERC-721-compliant contracts by importing them from the OpenZeppelin library. ERC-721 provides core methods that allow tracking the owner of a unique identifier, as well as a permissioned way for the owner to transfer the asset to others.
- The ERC-1155 standard offers "semi-fungibility", as well as providing a superset of ERC-721 functionality (meaning that an ERC-721 asset could be built using ERC-1155). Unlike ERC-721 where a unique ID represents a single asset, the unique ID of an ERC-1155 token represents a class of assets, and there is an additional quantity field to represent the amount of the class that a particular wallet has. The assets under the same class are interchangeable, and the user can transfer any amount of assets to others.
Next, you can set royalties up to 50% and add up to 10 co-authors of your artwork. This means that for each subsequent sale of your artwork on the secondary market, you will receive a royalty in the amount set by you. If you have specified co-authors of your artwork, royalties will be divided in proportions set by you.
Please note that the authors indicated by you as co-authors will have to confirm their co-authorship in their personal accounts. Moreover, you can specify as co-authors only those who have profiles on the platform.
Royalties & co-authors
After you have filled out the form and uploaded your artwork, you need to click the 'Submit for moderation' button, and the artwork will be sibmitted for moderation.
If you did everything right, then your artwork will be added to the section 'On moderation' in your profile.
Each application is evaluated by our moderation team, consisting of leaders of the artist communities, influential collectors and talented artists. Each application must receive 50 percent or more of the votes in order to receive a positive result. As soon as your artwork is approved, you will be able to mint it on the platform.
On moderation status
As soon as your artwork has passed the moderation process, it will be added to the section 'On moderation' with a status 'Redy to mint'. If it was rejected, it will be added to the section 'Rejected' with an explanation of why it was not accepted, and you can try to submit your other artworks for moderation.
Now you need to click on the 'Mint' button and choose what you want to do next: just mint, start an auction, or put on sale at a reserved/fixed price.
If you want to just mint your artwork on the blockchain, you need to choose - 'Just mint', and after confirmations in the Metamask or your wallet, your artwork will be minted on the platform. You can always start an auction or put on sale at a reserved price any time later.
Put on sale options
If you want to launch an auction, then in a new window you will need to set: the date and time of the start of the auction, the date and time of the end of the auction, the starting price of the auction, the currency of the auction, the fixed price at which your artwork can be bought and the auction will end automatically.
After pressing the button 'Mint', and after confirmations in the Metamask or your wallet, your artwork will be minted on the platform, and the auction will start.
Please note that in any case, at the end of the auction, you need to finalize it. If there was at least one bid, or someone bought at a fixed price, then the funds will immediately be sent to your wallet address. If there were no bids and no one bought at a fixed price, your auction will end and you will be able to put your artwork up for sale again.
If you want to put your artwork up for sale at a fixed price, you need to set the start date and time of the sale, the currency of the sale, and the price at which you want to sell your artwork.
After pressing the button 'Mint', and after confirmations in the Metamask or your wallet, your artwork will be minted on the platform, and the sale at the reserved price will start. When someone buys your artwork, then the funds will immediately be sent to your wallet address.
As soon as your artwork is minted, or an auction started, or put on sale at a reserved price, it will be added to the section of your profile 'Created'/'On sale', and to the main page of the platform.