To create Non-Fungible Tokens (NFTs), you must leverage blockchain technology, specifically platforms equipped to handle digital collectibles. Unlike blockchains Dogecoin, Litecoin, Dash, ZCash, or Monero, which manage transactions for their native assets (DOGE, LTC, DASH, ZEC, XMR), NFT creation requires blockchains with smart contract capabilities. These layer 1 solutions, such as Litecoin, lack the infrastructure to support NFTs effectively.
For creators aiming to launch at least 100 NFTs, numerous blockchains offer robust options. Ethereum, Solana, Polygon, Avalanche, Binance Smart Chain, Cardano, Flow, Ronin, and Tezos are great options. Arbitrum, Algorand, WAX, Cronos, Theta, Fantom, OEC, Palm, Panini, Waves, and Zilliqa are not bad either.
As of June 13, 2025, Ethereum dominates with an all-time NFT sales volume of approximately $45 billion, while Panini trails with $101 million. Although Ethereum remains the top choice, other blockchains actively compete to capture a larger share of the booming NFT market.
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Are NFTs Bad for the Environment?
From 2014 to 2022, NFTs faced criticism for their environmental impact, primarily due to Ethereum’s energy-intensive Proof-of-Work (PoW) system. Since over half of NFT projects operated on Ethereum, minting tokens consumed significant energy, which mirrored Bitcoin’s high carbon footprint. Since Bitcoin’s 2009 debut, sceptics have been deeply concerned about the environmental impact of NFTs.
However, Ethereum’s shift to a Proof-of-Stake (PoS) model in September 2022 to keep up with modern blockchains has drastically reduced its energy usage, aligning it with eco-friendly blockchains.
Moreover, platforms like Solana, Avalanche, and Binance Smart Chain adopted PoS from their inception, avoiding Bitcoin’s scalability issues.
Consequently, these advancements have significantly improved the environmental footprint of NFTs, fostering a more sustainable relationship with the planet.
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Can NFTs Be Copied or Screenshotted?
Indeed, NFTs, as digital art, can be copied or screenshotted. Many fans emulate celebrities by using NFT images as profile pictures.
While copying or screenshotting an NFT, such as a Bored Ape Yacht Club (BAYC) piece, carries no legal consequences, selling a copied NFT violates intellectual property rights.
For instance, Yuga Labs, creators of BAYC, could pursue legal action against unauthorised sales of their 10,000 unique apes.
Furthermore, NFT marketplaces like OpenSea swiftly ban users who attempt to profit from plagiarised works. Instead of copying, creators should focus on crafting original art.
By matching the innovation of projects like CryptoPunks or BAYC, you can attract a global audience and potentially secure significant investments.
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Can NFTs Be Copyrighted?
You can absolutely copyright NFTs. In the United States, creators file trademarks with the United States Patent and Trademark Office (USPTO), established in 1836 under the Department of Commerce. The USPTO grants exclusive rights to creators to protect their intellectual property.
Major corporations like Western Union, JP Morgan, Ford Motors, and PayPal have filed NFT trademarks to enter Web3 and the Metaverse.
In the United Kingdom (UK), the Intellectual Property Office (IPO) oversees copyrights, trademarks, and patents.
Similarly, Japan’s Patent Office handles these rights. Globally, most countries have dedicated institutions to safeguard creators’ intellectual property, ensuring your NFT creations remain protected.
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How Much Does It Cost to Sell an NFT?
Selling NFTs incurs transaction fees, much like trading stocks, commodities, or cryptocurrencies. These costs, often royalties paid to creators, vary across NFT marketplaces. Platforms like OpenSea enable creators to earn 5% to 10% royalties on resales, ensuring consistent passive income.
However, marketplaces like X2Y2, launched in February 2022, sparked controversy in August 2022 by allowing buyers to bypass creator fees to gain market share. Despite this, most creators rely on these royalties to sustain their projects.
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Can You Sell NFTs?
Yes, the NFT market welcomes everyone. While established names like Yuga Labs or Dapper Labs dominate, blockchain technology and the internet empower anyone with a unique product to compete.
Although matching the marketing prowess of major players is challenging, creators can leverage social media platforms like Twitter, Instagram, Discord, Telegram, or WhatsApp.
Collaborating with influencers, who command large followings, can amplify your reach through referral links, driving sales and visibility.
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Can You Make Money with NFTs?
Absolutely, NFTs offer lucrative opportunities. While their primary role transforms the art and music industries, many have profited significantly. Successful projects like Otherdeed or Moonbirds, launched in 2022, have generated thousands to millions for creators.
By crafting compelling, original NFTs, you can tap into this vibrant market and achieve substantial financial rewards.
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What Kind of NFTs Sell Best?
As of June 2025, Guild of Guardians Heroes, Courtyard, Guild of Guardians Avatars, DMarket, Uncategorised Ordinals, and Gods Unchained Cards.
These collections have raked in at least $5 million over the past seven days up to the time of publication.
However, digital art with fixed supplies attracts collectors due to scarcity, driving potential value appreciation. Investors view limited-edition NFTs as promising long-term investments, making them highly sought after in the market.
How Can NFTs Make You Rich?
The question of whether NFTs can make you rich arises frequently as their real-world applications expand across industries.
While the potential for significant gains exists, so do risks of substantial losses. Successful NFT projects, like Bored Ape Yacht Club (BAYC), demonstrate this vividly.
In April 2021, each of the 10,000 BAYC NFTs sold for $190. By April 2022, their average resale value soared to $312,273.
An initial $1,900 investment for 10 apes could have yielded a profit of $1,559,465 if five were sold or $3,120,830 if all were sold.
Despite a quieter NFT market through the years leading up to 2025, numerous creators continue to launch new collections. This has created an atmosphere of fierce competition.
To succeed, focus on creating unique, high-quality digital art that stands out in the crowded decentralised finance (DeFi) space.
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How to Create and Sell Digital Collectibles in Simple Words?
Creating and selling NFTs is straightforward. First, design unique digital art that captivates audiences. Next, choose a blockchain like Ethereum, Solana, or Binance Smart Chain to host your work.
Decide your collection size—100, 1,000, or even 100,000 NFTs. Then, select a marketplace like OpenSea, Rarible, or Nifty Gateway, connect your crypto wallet, and set your prices.
Promote your collection on social media to attract buyers. Once sold, funds transfer directly to your wallet, and the NFT moves to the buyer’s wallet.
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Why Do People Buy NFTs?
People purchase NFTs for various reasons. Many seek to join vibrant communities supported by celebrities and corporations. Others invest in NFTs for their potential resale value, driven by scarcity.
For example, in 2021, Pablo Rodriguez-Fraile sold a 10-second video NFT for $6.6 million, originally purchased for $67,000 in 2020.
Additionally, NFTs serve as a hedge against cryptocurrency volatility, offering quicker liquidity than assets like Bitcoin or Ethereum.
Fans also buy NFTs to support creators, such as in-game tokenised assets or music NFTs, fostering both emerging and established artists.
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Final Thoughts
NFTs have cemented their place in the crypto economy, poised to revolutionise industries like music, real estate, and gaming.
Despite their technical complexity, their potential to transform global markets is undeniable.
Global sales of NFTs exceeded $70 billion in May 2025. With time, there is a huge chance that the market could break the $100 billion milestone.
Slava Demchuk, co-founder of AML Bot and CEO of PureFi, told CryptoGuide GH in 2022,
“NFTs are among the most exciting technologies in crypto, second only to cryptocurrency itself. Their role in the Metaverse, proving authenticity and value, will drive growth across industries like art, music, and gaming.”
The crypto market has turned bullish, with market capitalisation around $3.5 trillion in June 2025. While numerous reports suggest the NFT market has turned bearish, daily sales say otherwise.
NFTs offer both risks and rewards. So to get a great deal out of it, we would advise that you carefully assess the pros and cons of buying a particular collection before investing.
Investing in NFTs in the same manner as cryptocurrency, with a focus on long-term gains, could significantly enhance the potential of your portfolio.
