It’s amazing how NFTs are becoming the stamps, sport cards or rare coins of the modern era. These digital collectables are gaining popularity among celebrities, athletes, artists and crypto enthusiasts, among other groups. Collectibles can take the form of digital artwork, music, moments or just about anything that can be represented in a digital format. The potential for profit gains is also an eye opener, for example: the first ever tweet posted on Twitter made headlines when it was sold for more than $2.9 million after only 15 years.
The NFT market is definitely popular and profitable but many more practical use cases are still being discovered, such as event tickets and video games sprites which are both projects that require large collections of NFTs. Creating one NFT is a fun and simple process (learn about the process here), but the process of creating and minting an entire collection may take a long time for any developer to do manually. A process known as bulk/batch minting is a solution that can help with this problem. A developer can mint multiple NFTs with just a few clicks in practically no time at all.
The Benefits of Bulk Minting
It takes much less time to bulk mint NFTs than to mint them one at a time. Can you imagine sitting in front of the computer repeating the same thing over 1000 times, even 100 times? It can become an exhausting process. The time cut down by bulk minting frees the creator from what could be a stressful process.
Bulk minting also avoids errors from the creator during the upload. The longer you spend repeating a process manually can raise the chances of mistakes happening. The possibility of making the same mistake several times before noticing is a terrible thing to think about. Bulk minting is an automated process and therefore the chances of getting an error are reduced.
Why Is Bulk Minting Important?
Repeating the same task over and over can be a mind-numbing process to a creator. Copy, pasting and clicking the enter button for 1000 times. Thinking about it sounds exhausting. A few searches on the internet may encourage you to use bots to control your computer and complete the task for you, however platforms such as OpenSea have implemented CAPTCHA which makes the use of bots difficult. The most reliable solution is Bulk minting.
How Does Bulk Minting Work?
There are two ways a creator can bulk mint NFTs. You can either hire a developer or use a third-party application. Over time, using a third-party application would be the better option as it comes out at a lower cost.
Once you’ve created a crypto wallet, then bulk minting an NFT can be broken down into 5 steps:
- Identify the products or items you would like to have minted for your collection and place them into the same folder. These can be your photos, trading cards, gifs, show tickets or anything you can think of that has value.
- You would then need to record the metadata for each NFT. The metadata is basically the characteristics of each piece in the collection. Think of it like the stats of a baseball card or trading card. You can use a spreadsheet or you can generate a JSON file with this data.
- Upload the folder with the items and the metadata to a third-party application of your choice that is capable of minting NFTs. We’ve included a few choices in the next section with a few of their benefits and drawbacks.
- Follow the processes of your third-party minting application of choice and now after a few minutes, you have a wonderful collection of your own NFTs ready for the marketplace.
- Upload your new NFT collection to a marketplace of your choice.
What Are Some Third Party NFT Minting Applications?
There are several third party applications that can help with bulk minting NFTs. Each one has its own pros and cons to the developer, so it’s always best to choose the one which works best for you. Here are a few:
- NFT Bulk
- It’s easy to use
- You are able to upload thousands of collectibles
- Payments can only be made in crypto (about 0.03ETH/collection).
- You can use it for free
- You can upload up to 1000 NFTs
- It is easy to use
- You’re limited to selling on marketplaces built with Nftify.
- Spiral NFT
- You can use it for both Coinbase and Opensea
- You have access to unlimited uploads
- There is no version for Mac users
- It is easy to use
- It solved the Opensea captcha
- There is no version for Mac users.
- You get a cheap rate to upload your NFTs in bulk at $0.20 per NFT.
- It is easy to use.
- You need to manually change the price in OpenSea
- You need to remove Niftymints as a contributor
- It supports many of the popular blockchain networks
- Moralis does not accept payment in crypto and requires some technical knowledge to use.
- NFT auto uploader by Ape Soft
- allows you to upload unlimited NFTs for $349 per year
- It is only available for Windows systems
- Only uploads to OpenSea.
As we develop more and more practical uses for NFTs, there will be more and more solutions to make working with them a lot less of a headache. We’ll be here with all the new tips and tricks to navigate this space, but for now you’re well equipped with enough knowledge to turn your entire art collection into an NFT collection. Get out there and start minting!
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Photo by Mick Haupt on Unsplash