On the collection you'd like to edit, click the three-dot menu and select Edit collection. 2. However, you can log in to Opensea using your mobile devices web browser to sell your NFT. from my own business and work in the trenches every day, just like you. To set up your listing, click the "sell" button. This fee is determined by the current demand on the blockchain. To bid, you must use the ENS Short Name schema: const { tokenId, // Token address should be `0xfac7bea255a6990f749363002136af6556b31e04` on mainnet tokenAddress, And also when Opensea will support those L2s. Anyone who owns an NFT can list it for sale, whether that's the creator of the NFT or the person who most recently collected it. He previously worked for Gary Vaynerchuk, and his work has been published by Yahoo, ONE37pm, and other prominent media companies. So, how do you sell an NFT on Opensea? This is step is identical to step 2 for a single NFT transfer. Well-done artwork with rare traits can see its value skyrocket after some time. Learn more on the ENS FAQ. This is absolutely normal because each NFT transfer is effectively priced separately. How do I open my phantom wallet on my phone? ENS works only on the Mainnet. How you do send an email to a wallet address? NFTs are written in a programming language called Solidity, the Smart Contracts are stored on the blockchain, and the NFTs are minted from them. Technically you cannot but this is an elegant hack in a few simple steps: Last week I was in a situation where I missed the bid on a private sale and someone took it by mistake. There are a number of reasons why you might want to transfer NFT from OpenSea to another wallet. You can set your NFT as a fixed-price. of Including The NFTs World 1 #1 NFT Community and R/NFT Community. When you purchase an NFT on OpenSea, you are asked to click a checkbox that confirms that you have read our terms of service and have done your research into the origin of the NFT. Find the domain you'd like to sell and click on it. The account is created and your .crypto domain will appear. Setting up a Wallet. And finally, gifting an NFT to someone also requires you to transfer the token to their wallet. 4886 Step 2: Set your Primary ENS Name Record to Your Ethereum Account You will be required to sign and approve the transaction using your wallet and the fee will be deducted from your wallet upon approval. Step 5: You will now see 2 popups, one from Opensea informing you of the process of listing, and one from Metamask asking you to sign a transaction to confirm the listing (this should be free). Head to manager.ens.domains, type in the domain you own, and follow the instructions. It even earned us a viral tweet which ended up on Bloomberg. They can be digital art, collectibles, gaming items, domain names, and any other assets backed by a blockchain. You can also make money by creating digital assets yourself and being the original seller of an item, or flipping NFTs on the open marketplace. On OpenSea, navigate to the upper right corner and click the Profile icon. So, in simple terms, you have the following methods: Go to the OpenSea website and make sure you are logged into your account. Polygon does not attract those same gas fees, which can cost as much as $100 for a small adjustment or purchase. How to Sell an NFT on Opensea 1. You can either buy photographs from the marketplace or mint yours and sell them at a profit. Click the pop-out window icon to see more options. Minting from your new contract and improvements, 3. In its simplest terms, ENS is a decentralized, open-sourced, and permissible naming system built on the Ethereum network. Most brokers start with Ethereum because the majority of NFTs operate under this currency. No. Running your item sale on OpenSea this way is actually really simple. Press next to connect with MetaMask wallet and step2 click connect. Your collection of NFTs can be artwork, a collection of profile pictures, sports memorabilia, membership to a group, or something else entirely. Creators and collectors can sell on OpenSea in two different ways: a fixed price sale or a timed auction. NFTs operate the same way. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. No central authority actually holds custody of your items. Transferring NFTs using OpenSea There are two ways to transfer NFTs using OpenSea. But, they dont own that image like they would with an NFT and digital receipt. Did you know that if you make a private sale on Opensea you dont have to pay the fees, which can in some cases amount up to 12.5% (10% for the artist and 2.5% for Opensea). First, navigate to the name's asset detail page. Selling NFTs has become much easier because the platform, OpenSea realizes the importance of a friendly interface. create an NFT message. To ensure your wallet is connected properly, close your browser, clear your cache, and then reconnect it to Opensea. How do I invest in Genesis blockchain technology? Transferring an NFT is a fairly simple transaction but nowadays even something as simple as that can easily cost you $20. The other reason you might want to do via OpenSea is that their transfer feature also allows you to transfer multiple NFTs in bulk and potentially save on OpenSea gas fees. You can also sell NFTs in bundles. Reddit and its partners use cookies and similar technologies to provide you with a better experience. How to Make The Most Money On Opensea (10 Proven Tips). Click on the dropdown menu and select Polygon. co-founder @isai (VC). Investing in popular game collectibles can earn future profits. Select the NFT you'd like to transfer. You can choose to list your item for a Fixed Price or a Timed Auction. In fact, wed argue that its actually a lot easier to transfer NFTs via OpenSea than doing so directly within your MetaMask wallet. I would select the name that works on ENS. However, the left tab filter on OpenSea has different supported chains that are used to host NFTs. Home > Blockchain > NFTs > Marketplaces > How to Use the OpenSea Transfer NFT Feature. There are more than 200 categories and over 4 million items available on the platform. Some projects like upcoming xmtp promise they will bring that up and maybe Opensea will actually build it. Set the price for your bundle and fill in the name and description fields. Gaming is an incredibly dominant NFT sector because several video game platforms allow people to buy and sell in-game items. Awesome, I have listed my item and anyone can buy my ENS domain name on OpenSea! Log in to your Opensea Profile Opensea.io When you go to sell an NFT on Opensea, you must log in to the platform using the wallet that holds the NFT you want to sell. Running your item sale on OpenSea this way is actually really simple. The most common reason has to do with security concerns. Here at Tokenized, we want to help you learn as much as possible about the coming NFT revolution. An NFT is a non-fungible token, which is a unique digital item stored on a blockchain. Create an image that contains the message you want to send with a way to be contacted back " Hey I need to talk to you, DM me on twitter on @ whatever ". Embedding your collection in your own site, Existing Contract Integration with OpenSea (Mainnet), Polygon Basic Integration and Meta-transactions, Part 3: Setting up a Solana Node with QuickNode, Part 4: Minimal Configuration for Candy Machine V2, Part 6: Uploading and Creating Your Candy Machine, Part 8: Solana and OpenSea Metaplex Certified Collection Standard. Well, not to worry, because learning how to transfer NFT from OpenSea to any other Ethereum wallet is actually a lot easier than you might think. Transaction completed. Whether you already own an NFT or perhaps you want to sell your NFT creation, its super simple to do. only Ethereum or only Polygon). Consumer interest drives the value of an NFT, just as it does for pieces in a physical art collection. After selling several of my own items on Opensea, Ive learned the exact steps you need to take to sell an NFT. I find it insane. A short expiration date is also a plus when the market is turbulent. Click on the Sell button on the top right of the screen. Notifications are also useful because MetaMask, the most common wallet used on OpenSea, doesnt notify holders if a sale happens. Competition is high in this area, so its important that you spend plenty of time analyzing the market and understanding where the demand lies. Also, if you want to cancel your listing, youll have to pay a gas fee. OpenSea has a simple and user-friendly creation process that allows you to create collections that stand out. Arbitrum, Optimism) but who knows when that will be. ENS domains provide a way for users to map human readable names to blockchain and non-blockchain resources, like Ethereum addresses, IPFS hashes, or website URLs. The developers of CryptoVoxels use OpenSea exclusively to sell land in the CryptoVoxels world. My aim is to plant trees under whose shade I do not intend to sit. When listing your NFT, you have to set a time limit. I've made. Hence, NFTs sold on these networks are more cost-effective. Buyers pay the gas fees when purchasing a fixed-price item, and sellers pay the gas fees when accepting offers in a timed auction. So I click \"Profile\" and scroll down to see my awesome Nifties. How to list an ENS name for sale on OpenSea Step 1. 6. Navigate to your Profile and select an item you'd like to sell. Select the NFT you would like to sell from your wallet. The four main categories any buyer can easily profit from are art, photography, gaming, and music. Now when the domain is claimed and is in your MetaMask wallet go to opensea.io and click my account in the top right corner. 4. You will then be prompted toSignwith MetaMask. In a Dutch auction, you set the NFTs price to start at a certain amount, and then it begins declining over the auction time before closing with an amount that you also set. Opensea does not have such a system because it (and other NFT marketplaces) is not based on accounts usually based on emails but on wallet addresses. Then, tap the NFT that you want to list on Opensea. A private listing ensures that a specific person can access and buy the NFT. Ethereum Name Service (ENS) domains are secure domain names for the decentralized world. If an item violates Openseas Terms of Service, the item will be delisted from the platform. Here, you'll be prompted to choose the price, type of auction, and other preferences. If you own more than one crypto wallet, chances are you may have connected the wrong one. In your wallet, find the "Send" button. Opensea is the most popular marketplace for selling NFTs. ENS' primary role is mapping easy-to-remember domain names like Josiah.eth to computer-readable identifiers like 0xGk3w84KQ. The default blockchain is Ethereum, but you can choose Polygon to mint your NFT. After hitting the Send button, your wallet will pop up as usual and ask you to confirm that transaction. Minting is the process of writing a digital item to the blockchain, which establishes its immutable record of authenticity and ownership. New to all of this, I listed an ens domain on opensea which I'm no longer using. Father. Changing your listing price or canceling the listing attracts a gas fee, which cuts into your profits. Then click the domain you like to sell. Non-fungible tokens are totally unique, so they have their own unique value. Click on the domain. Note that even if you list your item for a fixed price, other users can still make offers on your item below the price you listed. On the next page, you will see the Sell Button in the top right, click on Sell. When you go to sell an NFT on Opensea, you must log in to the platform using the wallet that holds the NFT you want to sell. 17 r/hicetnunc Join 1 yr. ago Selling NFTs and copyright 5 2 Alternatively, you can use our item factory contract to immediately plug into our presale infrastructure. You will have to pay a gas fee to transfer the NFT to the address. ENS domains can be bought and sold on secondary markets. OpenSea receives 2.5% of the sale price of your NFT. Just mint your items into an account of your choosing, and sell them off using the standard auction flow. Another example would be a famous painting, like the Mona Lisa. How to Use the OpenSea Transfer NFT Feature. Heres how to make the most money on OpenSea. There are effectively 2 different methods to use the OpenSea Transfer NFT feature. This means if you are selling and NFT for 10Eth, you may only actually receive 8.85Eth. WARNING: Please verify that the address is correct. The world of NFTs is rapidly changing, but it is an emerging marketplace with a lot of profit potential. Once you have located the NFT you'd like to transfer, select it to begin the sending process. For a step-by-step guide on how to transfer NFT from OpenSea, PLEASE READ THE FULL ARTICLE. 4. They'll immediately show up for sale on your dedicated OpenSea category page and in the global OpenSea feed, where they can be discovered by the broader OpenSea user base. If you have previously listed an NFT on the marketplace using the same wallet, you can list your NFT for free. Showing The Ethereum Name Service (ENS) is auctioning short (3-6 character) names that can be used for labeling wallet addresses and more. Unfortunately, many people dont do this because they dont know how, but its really simple and Im going to show you how in a few easy steps. You can use OpenSea to distribute your items through an "initial item offering". To save money on gas fees, try transacting early in the morning or late in the evening when the network isnt as active. After logging in you can close it and return to this page. For the first time sellers who are first-time sellers, you will be subject to a one-time fee for gas. Why would you want to do this you may ask? Ethereum Name Service (ENS) domains are secure domain names for the decentralized world. Feel free to explore all of the options: fixed price sales, English auctions, Dutch auctions, private auctions, bundles. My name is Ron and I help people create & grow online businesses. 3. After completing all of those fields, you can continue to customize your NFT further, add it to an existing collection, and add properties, levels, and stats. To sell your NFT, you must have a wallet that needs to . Buyers in a Dutch auction can purchase the item at the current auction price or make an offer at any time. Verified account Protected Tweets @; Suggested users You only have to ensure that your wallet is connected. But if its your first time selling on Opensea with a particular wallet, you have to pay a first-time gas fee. Instead of a central company-owned server, the blockchain is distributed across a peer-to-peer network. Note that If you want to cancel the listing, you will have to pay a gas fee. A community hub for Ethereum Name Service discussion and domain commerce. And finally, the third and last reason why you might want to transfer an NFT manually is if you decide to gift an NFT to another person. To do so, open the More Options section and enter their wallet address into the Reserve for specific buyer field. 3. Sorry we couldn't be helpful. You may want to transfer an NFT from your hot wallet to a secure vault wallet. In addition to the NFT itself, youll need a crypto wallet to create and mint this digital asset. eBay, Upwork, Airbnb. The benefit of off-site deals is that you not only save the OpenSea fees but also the creator royalties. Step 1: Make sure you have an ENS name First thing's first. If your NFT is already up for sale you will have to delist before initiating a private sale: Step 3: Select Set Price as your sell method. Step1: Head over to your profile in Opensea and click on the NFT you want to sell. ENS domains provide a way for users to map human readable names to blockchain and non-blockchain resources, like Ethereum addresses, IPFS hashes, or website URLs. Another option to sell your NFT for free on Opensea is by selling NFTs from blockchains that require you to pay virtually zero gas fees. Christian is the Founder of TokenizedHQ.com, with. Buying and reselling an NFT using OpenSea is simple and user-friendly. If you can list an item on eBay, youll have no problem listing an item on Opensea. [Optional] Manually deploying a SeaDrop-compatible contract, 2. They can represent almost anything, and serve as a digital record of ownership. Choose the Fixed Price option if you want to set the exact listing price of your NFT. 4. How do I sell an ENS name? On OpenSea, navigate to the top right of the page and click your Profile icon. 2. Ethereum Name Service (ENS) domains are secure domain names for the decentralized world. To sell your name just click into the name and click "sell". This is select the first item you want to transfer and also allow you to highlight additional NFTs that you want to transfer. Very simple and stress-free and with few clicks, you can sell out your ENS domain to anyone anywhere in the world. Usually this is done. After receiving payment from the buyer, youll still have to transfer the NFT to him or her. On the top right of the item page, click List for sale. Depositing, or locking away, digital assets into a Defi protocol smart contract to create a yield is known as staking. After clicking the button you will be forwarded to a transfer page. We help you navigate this fascinating new world of non-fungible tokens and show you how you can integrate tokenization into your own business. 6. At this point, you can still cancel the process by rejecting the transaction. Complete the following information for the "List item for sale" page and then click Complete Listing. results. Remember, these are not fees levied by OpenSea but rather network fees that you are paying to the miners or validators. The minimum amount of time you can list an NFT is 15 minutes and the maximum is 6 months. 4. On OpenSea, that can be anywhere between a few hours and six months. You can choose to put a new creation on any of them. But I am heading to the Sell button. Copyright 2023 OneHourProfessor.com, All rights reserved. Buyers pay the gas fees when purchasing a fixed-price item, and sellers pay the gas fees when accepting offers in a timed auction. But for now there is no solution. Obviously, to list on sale, we can only if we already have some NFTs on the wallet. 3. 2. To become an Non-Fungible Token broker on OpenSea, youll need to open a wallet and start placing orders. Now, I am not overly keen on the artists missing out on their secondary cut because I do think they deserve the follow-on fees but I dont mind Opensea missing out. Cyber Scrilla1229 Midland BlvdNampa, ID 83651. If you are trying to earn money in the world of trading NFTs and other digital assets, then you need to be part of the OpenSea NFT Discord community. When youve found a name your interested in, click into it. You can use OpenSea to distribute your items through an "initial item offering". When I sell domain names, as a seller I pay $0. An NFT minted on Ethereum requires a gas fee whenever it is purchased, sold, or interacted with. The NFT item creation page allows you to upload your NFT file, name it, and add a description. When you buy through links on my site, I may earn an affiliate commission. As an art investment, blockchain offers the advantage of recording and preserving history, and can easily prove authenticity and digital ownership. Modified on: Wed, 13 Jul, 2022 at 11:45 AM. hugo.eth, an ENS name. Step 6: That is all there is to do. If you don't have an NFT available to sell, check out our detailed tutorial on how to create an NFT to get started. Alex is an NFT investor, professional writer, and creator of Cyber Scrilla. Cookie Notice Instead of trying to figure out how to do it directly from within your wallet, using the OpenSea Transfer NFT feature make it a more user-friendly experience. As the seller, you also set the number of days the auction will run. If the name isnt on sale, you can still make an offer on it by clicking Make offer. Double-check that the wallet you connected is the wallet that contains the NFTs youre trying to sell. Click Create a collection. It may be in the Hidden section so check there. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. Then navigate to the item page of the NFT that you want to transfer. Like the stock market, you can buy digital assets and hold on to them with hopes of appreciation. Go to your profile to view all the NFTs in your wallet. Step 2: Click Sell in the top right-hand corner. Maybe youve heard that its good practice to use the OpenSea Transfer NFT feature to move your valuable NFTs into a so-called vault? Add your collection logo, description, banner, and social media links.