Become A Nft Artist - Business Ideas

Updated: September 15th, 2022
Become A Nft Artist

Please note that the data provided in this article are estimates and may vary depending on various factors, and should not be considered as perfect or definitive.

NFT art is a new way of categorizing digital artworks that enable designers to monetize their work. To become an NFT artist, begin creating art pieces and upload your digital art to blockchain on a platform like Binance NFT marketplace.

Selling NFT art can help you earn money easily. NFT artists sell physical art pieces like paintings, drawings, and photographs.

Becoming a NFT artist requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell NFT artist, or selling NFT artist online, you can use this page as a guide for everything you'll need to know.

Key Stats

revenue (monthly)
$506K
starting costs
$18K
gross margin
90%
time to build
270 days
growth
Organic social media
business model
Subscriptions
time investment
Full time

Startup Costs

Min Startup Costs Max Startup Costs

Employee & Freelancer Expenses

$151

$252

Website Costs

$223

$7,015

Business Formation Fees

$600

$4,700

Vehicle Expenses

$0

$10,000

Retail Business Expenses

$1,250

$6,650

Advertising & Marketing Costs

$75

$3,986

Software Expenses

$162

$2,720

Office Space Expenses

$0

$100

Specific Industry Expenses

$0

$500

Total Startup Costs

$2,461

$35,923

Successful Businesses

Business URL Rank

Blake.Art

blake.art/

211

SuperRare

superrare.com

8,531

Nifty Gateway

niftygateway.com

9,739

CoinPost|仮想通貨ビットコインニュース・投資情報

coinpost.jp

11,567

Hashmasks

thehashmasks.com

41,900

NFT Market

treasureland.market

59,229

Crypto Art

cryptoart.io

101,249

Unique.One

unique.one

101,874

MurAll

murall.art

103,900

Amrit Pal Singh

amritpaldesign.com

288,139

The Rob Gronkowski Championship Series NFT Collection

gronknft.com

304,641

Pros & Cons

Pros Description

Little startup costs required

The cost to start a NFT artist costs significantly less money than most businesses, ranging anywhere from 62 to 35,923.

Rewarding work

Starting a NFT artist can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.

High customer retention rates

Once a customer invests in your product, they've invested their time and energy to utilize your product/service which is highly valuable to them. Typically, your product or service becomes indispensable to your customer.

Pick & choose the clients you work with

Nft Artistes have the ability to choose the clients they work with. You have the freedom to work with only a few loyal clients or with hundreds of clients!

Control of workload

With becoming a NFT artist, you have the unique ability to choose how little or how much you want to work. You also have the freedom to decide which projects you want to work on, and can turn down the ones that do not interest you.

Gain exposure and experience

This career allows you to gain experience working for multiple different businesses - which will benefit your resume and also keep things interesting for you!

Cons Description

Motivation of employees

If you plan to have a sales/content team on board, finding creative ways to motivate them can be a challenge. It's important that you're able to offer great incentives and a good work environment for your employees.

Longer Sales Process

A NFT artist can be a big time and money investment for your customer, so it's important you plan and predict a longer conversion funnel and stay in communication with potential customers.

Work can be inconsistent

As a NFT artist, the amount of work assigned to you and schedule tends to be more inconsistent, which may make your income less stable. It's important to set boundaries and budget accordingly based on the amount of work you plan to have.

Lack of benefits

With a NFT artist, you are typically self-employed and responsible for finding your own insurance, which can be quite costly and time-consuming.

Taxes

As a NFT artist, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.

No safety net

Typically, as a NFT artist, you do not receive a consistent pay-check and instead earn money based on your transactions each month. During the slow periods, you typically take away less since the job is based on commission. It's important to budget accordingly for the slow times.