How to digitize and sell a physical object?

Alexa AcostaFollow

Dec 28, 20213 min de lectura

Thanks to all the technological advances, today all kinds of objects can be digitized and given a monetary value. This is possible thanks to cryptocurrencies, completely decentralized digital currencies that have revolutionized the economy.

Ethereum, for example, has the ability to give a unique value to each existing thing, both physical and digital. With the implementation of NFTs, a person can digitize what they want, and here we will show you how.

What do I need to create an NFT?

From the outset, you should have at least minimal knowledge about cryptocurrencies, NFTs, and digital wallets. After learning a little about the digital world, it's time to do your first NFT.

The first step will be to choose what your token will be, here the list can be infinite, and your profession will play an important role in the choice. For example: If you are a painter, your NFT may be one of your works of art; If you are a programmer, your NFT can be your codes.

Take your time and think clearly, when you finish deciding, proceed to the next step. Digitize your new token, for this you can use a scanning application, the camera of your mobile device, a professional camera or several of them.

A good practice is to recreate a 3D silhouette of the object, which can be accomplished by taking photos from different angles and using tools to stitch them together. You must make sure that the resulting image should not be too heavy.

After this, think about the various characteristics that make your art, object, image or whatever you have chosen unique. Write down each characteristic, think about the amount of NFT you want to create, put numbering, type, categories and so on to make it even more specific.

I already have my digitized object, what is the next step?

Create an account in the Ethereum wallet, buy the cryptocurrency according to the value that you are going to give to your new NFTs. The initial investment will always depend on the number of tokens that are created and the value of each one, although its initial value may be zero in the event of an auction.

Once you have everything ready, you only have to enter OpenSea or Rarible to finish creating this new crypto. On both pages the procedure is similar, you upload your digitized object, fill in the boxes with the data, give it a price and create your NFT.

This is where having thought in advance each of the details of our object ends up being useful. Once you finish uploading each object and specifying each one, only one value must be added.

What initial value can I give to the object that I am going to sell?

There are several factors that influence when adding a value, the first is whether the object is both physical and digital, or just digital. Because if it is physical, its deterioration, sentimental, historical, monetary value, and others are a key factor to add several zeros to its value.

If the object is digital, it can be worth as much as the user sees it necessary, giving a new meaning to the digital economy. Users can also auction digital objects, in this way their value is decided by an entire community.