how to sell nft on zora

Step 2 of the NFT selling process involves selecting a platform like OpenSea to create the NFT, then giving Zora authorization as the marketplace when it's being minted.

Oct 23, 2024 at 05:36 am

How to Sell an NFT on Zora

Step 1: Create a Zora Account
Visit https://app.zora.co/ and click "Create" to establish an account. If you have an existing Ethereum wallet, you can connect it.

Step 2: Mint Your NFT
Generate your NFT on a preferred platform, such as OpenSea, Rarible, or SuperRare. Grant Zora access to your wallet by selecting it as the marketplace when minting.

Step 3: Upload Your NFT to Zora
a. Import from OpenSea:

• Navigate to your NFT on OpenSea.
• Click "Sell."
• Choose "Other Marketplace" and input "app.zora.co."
• Transfer your NFT and set the price.

b. Import from Ethereum:

• Connect your wallet to Zora.
• Click "Create" and select "From Ethereum."
• Paste the token contract address and token ID.
• Set the price.

Step 4: Create a Drop
a. Single Edition:

• Click "Create" and select "Single."
• Provide a title, description, and media.
• Set the price and expiration date.

b. Edition:

• Click "Create" and select "Edition."
• Establish the total number of editions, price, and expiration date.

Step 5: List Your NFT
a. Variable Price Auction:

• Set a starting price, minimum price, and auction expiration date.
• Buyers can bid any amount over the minimum price.

b. Open Edition Open Auction:

• Select a starting price and auction expiration date.
• Buyers can purchase an unlimited number of editions of your NFT.

Step 6: Finalize the Sale
Once the auction ends or a buyer purchases your NFT:

• Zora will process the payment and transfer the NFT to the buyer.
• You will receive your earnings minus any Zora transaction fees.

Additional Tips:

• Describe your NFT thoroughly and include high-quality images or videos.
• Set a competitive price based on market demand.
• Promote your drop on social media to attract potential buyers.
• Utilize Zora's built-in referral system to earn additional rewards.