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An NFT Art Design Agency with a Difference. At PNC Logos we create brands. We help you build NFTs with your signature bringing your distinct style to life. Not just original, but unparalleled and totally you!

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We are a group of crypto enthusiasts who support and develop NFT art because we believe the future is about digital investments and art is the way forward



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Top collections over last 7 days

The non-fungible tokens (NFT) bring many opportunities for collectors and artists. Our expertise enables our clients to create digital art,
get the right buyers, and thrive in the blockchain market

Creyzies
Floor price:   0.191

1600
Toxic Skulls Club
Floor price:   0.44

2,600
Cool Cats NFT
Floor price:   6.63

102,200
Doodles
Floor price:   16

107,594.49
Meebits
Floor price:   4.82

106,752.46
Azuki
Floor price:   24.5

4,076.44
Bored Ape Kennel Club
Floor price:   13.6

8,174.34
RTFKT – MNLTH
Floor price:   11.02

13,609.06
Bored Ape Yacht Club
Floor price:   142.42

16,553.69
Murakami.Flowers Seed
Floor price:   6.88

17,084.71
Mutant Ape Yacht Club
Floor price:   40.9

24,131.99
Moonbirds
Floor price:   3,40

60000


Why Choose PNC Logos
for your NFT Designs?


  • A diverse portfolio of digital art that has generated enough popularity with high-ranking bids with high-quality NFT service
  • A one-stop solution for your NFT requirements. From providing you with an NFT graphic designer to creating an original NFT character that will take the internet by storm
  • Brand new projects help you collaborate with other artists and promote your concepts.
  • If you are already in NFT art, we can help you get seen by the masses with the right digital strategy. Launch with a splash!

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Recieve inside knowledge of the NFT and crypto world when you order your art at PNC Logos. Our team comprises NFT online creators who work with enthusiasts like you across the world, helping them excel in the digital world. They will guide you through the puzzle of NFT art in quick, easy steps.




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PNC is a full-stack digital marketing agency. We don't just create your NFT creations, we offer a range of services, including a diverse digital art portfolio.
Our experts have created 1200 avatars using more than 500 techniques and animations.


By NDarboy Caknan
Creyzies

02004 ETH

By NDarboy Caknan
Toxic Skulls Club

02004 ETH

By NDarboy Caknan
Cool Cats NFT

02004 ETH

By NDarboy Caknan
Doodles

02004 ETH

By NDarboy Caknan
Meebits

02004 ETH

By NDarboy Caknan
Azuki

02004 ETH

By NDarboy Caknan
Bored Ape Kennel Club

02004 ETH

By NDarboy Caknan
RTFKT – MNLTH

02004 ETH


See All NFTs


Our Collection

Our Diverse NFT Portfolio

PNC is a full-stack digital marketing agency. We don't just create your NFT creations, we offer a range of services, including a diverse digital art portfolio.
Our experts have created 1200 avatars using more than 500 techniques and animations.



See All NFTs


Latest News

NFTs News you don’t want to miss!

A fast-changing industry with experts having their eyes on the prize. If you really want to make it big and want to avail the right NFT as a service,
keep an eye on the latest market trends and make an informed decision


March 14 2022

How to Price NFT art and sell it for a profit?

If there is something people are talking about, it is the NFT market. However, despite being a few years old, most people do not know how to operate it and make money through it. Many people are only skeptical about the NFT world. But there is a way to establish your trust in this new and happening thing in town and start minting profits.

If you expect to make millions with NFTs because you heard a success story, we have news for you- pricing and selling your NFTs in the digital world takes a while and certainly does not make everyone a millionaire. To excel in this digital world, there are some rules you need to know before you can attractively price your offerings online so people can purchase more of them.

Many artists worldwide now understand that perhaps conventionally earning through their art is becoming a thing of the past. They are jumping onto the NFT bandwagon. The way you price art in the real world versus how you price and sell in the crypto world differs significantly, and for that, you must learn the right pricing strategy to sell your offering.

Are you new to NFT art? Let’s dig in and get some basics out of the way.

Learn more about NFT art

Spend some time learning the ins and outs of the digital marketplace. Learn what items are hot and trending and which artists and creators are providing NFT items on their chosen platforms. Scroll through various offerings on digital platforms and evaluate the offerings from a buyer’s perspective. Try to find a pattern in the pricing mechanism artists are using and connect it with the type of art they sell. Check whether you will be willing to buy any of that NFT art yourself or not.

Once you review a few artists, go back to your own offerings, and this time you will see them in a different light. Evaluate your art. Figure out your chances of competing against other artists. As a reference point, think about the price your target audience will be more than happy to accept.

For example, if you want to target people who love Marvel, your NFT art must also be related to Marvel movies and priced reasonably.

Be Patient

People in the NFT world are susceptible to a lack of patience. The price of Bitcoin and Ethereum affects the pricing of NFT artwork. In the past, as the price of Bitcoin fluctuated, people began to lose interest in the NFT world. You may find the audience more engaged with digital assets when Ethereum prices are very high. One of the worst things artists do is sell their art when Ethereum is at an all-time low, fearing it would go lower and avoid a loss. However, the prices sometimes took a turn and went to peak, making artists rich overnight and some who sold earlier very unhappy.

Selling your art is all about being patient and waiting for the right time to hit the jackpot. There is nothing wrong with keeping an NFT on the shelf. It is better than selling it for dirt money.

Create Value

Since the NFT marketplace is full of talented artists like yourself, it becomes increasingly important to stand out by creating value for your buyers. There are more NFT products than buyers, which already devalues your collection. However, you can still stay afloat by exploring valuable techniques and tips.

Create art in themes that are already popular. This will increase the chance of a sale at a higher price. However, you must also go your way and provide something original yet very relatable to the buyers. Some artists create original work, price their items very high, and guess what; they are still selling.

The trick is to create value in your product so buyers take more interest in owning it. You will be able to sell even if the ETH prices are low.

No regrets

NFT marketplace is not like the conventional art market, where things are always a bit certain, and you have to be smart enough to guess or predict the market. This market encourages emerging talents. If you sell an art piece at a lower price, don’t fret. Focus on creating more masterpieces, and you will be able to price them better than your previous items. Just keep going and create more work that makes you a well-known name.

Use your NFT pricing as a market strategy

The price of your NFT can tell a lot to your buyers and can work in your favor to sell more of your masterpieces. If your price your NFT lower than you wanted to, your buyers will feel like your offering is affordable, making them more loyal to you. Some artists in the NFT world use this strategy and lower their product prices for the first collection so their buyers can grab it as soon as possible, feeling rewarded and supported. This feeling becomes even better if you raise the price of your art after the initial batch is sold at a lower price to a few loyal fans.

Price and royalties

There are two primary ways of making money from your NFT art.

One is through the initial sale, and the other is through the resale royalties. Your collectibles will rarely stay with one person forever. As they pass from one person to another, they will be making you more money. So one of the ways you can make money is by pricing your NFT at a low price at the initial sale and earning through royalties when it goes from one buyer to another. This will allow more people to buy your NFT in the initial sale stages.

Increase price slowly

It is frustrating when you create an NFT art for the first time and want to sell it at a high price and find the market is not responding well. However, know that the initial sale is the hardest, and once you have that out of the way, you can easily price your next NFT according to your worth. Try not to devalue your work and not price too low because that reflects poorly on your product. Once you have the first sale out of the way and have buyers interested in your skill and style, you can gradually and slowly increase the prices of your artworks.

Number of copies

One of the ways you can determine the price of your work is by knowing how many copies of the NFT art you want to sell online. The general rule of thumb is that if there are more art copies,

the lower the prices. Hence, if you have very few copies of your NFT art, you can sell them at a higher rate. The price heavily depends on the rarity of the item.

Inventory

If you have too little NFT artwork for buyers, it sends out the wrong impression about your artwork, as though your offerings haven’t picked up on popularity yet, or you are testing the waters. On the other hand, having too much inventory with unsold items can also reflect poorly on your artwork. Finding the right balance in inventory is crucial for pricing so people can see your item’s value.

Bottom line

To excel in the crypto world, take a closer look at the marketing trends, what other people are selling, and at what prices. Keep in mind that bitcoin and Ethereum keep fluctuating. The first steps in the NFT world will be challenging for any newbie; however, if you stay persistent, you will definitely make it big if you follow the proper pricing mechanism for your offerings.

Have something to add to the post? Share your comments below.

March 14 2022

How to Sell an NFT at Auctions?

In the last two years, NFTs have taken the world by storm, with tons of auctions taking place. It is estimated that NFT sales are expected to reach $80 billion in the next three years. The most common method of making sales with NFT art is setting a price for a certain amount of NFTs. After the sale concludes, secondary markets start to explode, and flippers and collectors all come into action. But one thing is certain- the prices can vary from as little as two times to as high as twenty times the original.

If you have some art lying around and are wondering how to sell it- try an auction. Unless your art will take time to sell or doesn’t have mass appeal, you should consider auctions to start your profit journey. Let’s dig into the details of how auctions work.

What is an NFT Auction?

Some NFT collections provide a pre-sale and a public sale, while other NFT artists or projects hold digital collectibles auctions. Normally, auctioned NFTs are one-of-a-kind works by the artist. Some of the revenue funds the project and its community.

NFT auctions may occur online via centralized or decentralized platforms or on in-person platforms at reputable auction houses like Sotheby’s.

An NFT auction is a transaction where the seller specifies a minimum price with a time limit for sale. The procedure is simple and straightforward and can be found on secondary marketplaces like OpenSea as well.

People interested in bidding may do so within the stipulated period once posted. Within that time, the item is handed to the highest bidder. Bids are often placed depending on the artistic appeal and how much the buyer is prepared to pay for the NFT.

How do Auctions take Place?

An auction is a sale in which the seller sets a minimum price with a time limit for the transaction. Buyers may bid on the NFT given their offers are higher than the minimum price. Once the time is up, the NFT is sold to the highest bidder.

You will have successfully bid on the NFT once your bid transaction is verified on the blockchain. The NFT will be yours if no higher bids are put before the auction concludes.

Because the nature of the transaction is an auction, you may be outbid before the auction is completed. Before the auction ends, make sure you’re still the winning bidder by checking back periodically.

Make sure to check the website once the auction has ended to see the auction status. You must claim your NFT if you win the auction. The money will be sent to the seller, and the NFT will be deposited in your wallet.

Why is it a Good Idea to use Auctions to sell NFTs?

NFT auctions are global events with participants from all over the world. As a result, this auction-style method ensures that all potential bidders have a fair chance. For collectors, this means that their investment will be protected if the reserve price is met.

Scalpers and short-term flippers are eliminated with this format. There is no profit to be made in the short term as the market establishes the auction price. From the initial sale, fans and long-term investors will be able to win the NFT art.

NFTs should ideally be auctioned using the Vickery rules for the selling price. Users submit their bids over a period of time, with the highest losing offer being the selling price paid by the winner. This prevents customers from overpaying – people bid the precise amount they would offer to win — and enables people to bid their true worth.

It’s critical to accept the offered cryptocurrency; otherwise, the auction might have an inflated selling price due to tampering by fake bidders.

The selling price is determined at the end of the bidding process. Winning bidders get their NFTs, with any excess above the selling price repaid. Bidders who lost would get their money back. It’s also possible that successful bidders will be able to purchase many NFTs at the selling price, given there is more than one on auction.

The fact that consumers would pay a greater fee is one criticism of the auction model. The price indeed goes up. On the other hand, the settled auction price would be quite similar to the current secondary market price. Scalpers would have nothing to benefit from the arbitrage if this were the case.

Scalpers may attempt to get in early with low prices, but successful bidders are true fans and long-term investors who end up purchasing NFTs on secondary markets anyway. The proceeds of the auction go towards rewarding NFT holders with additional content, perks in future NFT drops, or giveaways.

What is an NFT Auction Site or Marketplace?

An NFT marketplace or auction site is your entry to purchasing or selling NFT art. It is like the Amazon of the digital world. Due to the popularity of NFTs, there are plenty of NFT marketplaces or auction sites, each with its own niche. Here are a few marketplaces and auctions sites for you to sink your teeth into:

OpenSea

OpenSea is a market leader in terms of sales. OpenSea offers a wide range of digital materials on its platform. Signing up and browsing the broad choices is entirely free. It also helps creators and artists by providing a simple approach for creating your own NFT, also referred to as minting.

OpenSea supports over 150 different payment tokens and is a great place to start if you’re new to the NFT realm.

Axie Marketplace

Axie Marketplace is the NFT store for the video game Axie Infinity. Axies are legendary creatures that can be purchased and trained before being pitted against the Axies of other players for rewards. Players can purchase new Axies, entire lands, and other items as NFTs for use in the game.

Axie Infinity tokens used the Ethereum blockchain, also commonly known to Axie enthusiasts as Axie Shards. As a result, the tokens are available for purchase and sale on several other NFT markets and cryptocurrency exchanges like Coinbase.

Rarible

Rarible, like OpenSea, is a vast marketplace that is home to all kinds of NFTs. You can produce, buy, or sell all sorts of NFTs. But, unlike OpenSea, you’ll have to purchase and sell using the marketplace’s token, Rarible.

The firm has teamed with several renowned business brands. Taco Bell posted an NFT on Rarible, and Adobe, a cloud software giant, joined Rarible to help safeguard the work of NFT artists and creators.

Foundation

Foundation was created as a straightforward and hassle-free method of bidding on digital art. The platform uses Ethereum for sales. Since its inception last year, the marketplace has sold more than $100 million worth of NFTs.

The Foundation community is open to new artists, and buyers can get started with an Ethereum-funded crypto wallet. Despite the ease and sophistication, Foundation isn’t the ideal place to start if you’re looking for a fast and easy method to start minting NFTs, but it offers lots of artwork that can be viewed in a simple format.

Mintable

Mintable is funded by billionaire Mark Cuban, who wishes to create a marketplace that competes with OpenSea. This platform also uses Ethereum as currency. Mintable allows artists to mint NFTs to market their work.

An ambitious NFT creator or collector must first acquire Ethereum and then link their wallet to Mintable to participate in bidding and purchasing activities on the marketplace.

The Biggest NFT Auctions

To give you a better perspective on NFTs and how far they have come, let’s look at five of the biggest NFT auctions to date.

1. Everydays: The First 5000 Days by Beeple – 38,525 ETH ($69,346,250)

2. Clock – 16,953 ETH ($52,700,000)

3. Human One by Beeple – 4,700 ETH ($28,985,000)

4. Cryptopunk #5822 – 8,000 ETH ($23,700,000)

5. Cryptopunk #7523 – 4,700 ETH ($11,754,000)

If you were unsure about NFT auctions before, you now understand how they work, why they are so important in this day and age, and how to sell your NFTs at auctions. Hopefully, this blog will help you get started on your NFT auction journey. If you have something to add to this blog, feel free to comment below!

March 14 2022

Where can I find the best wallets for NFT?

The year 2020 saw a considerable rise in the popularity of cryptocurrency. People got hooked to the point where many invested their life savings into cryptocurrencies. It was a good year for people who were smart and knew when to invest and when to hold back. However, just when people got accustomed to crypto, the internet saw the rise of Non-Fungible Tokens.

In the following year, people switched from investing in cryptocurrencies to investing and minting NFTs. The most significant push for this switch came when a digital painting sold for almost $70 million. That was all the motivation and hope the public needed to trust NFTs to make them rich.

Now that many people are involved in NFT trading, one should also be aware of the best wallets for NFTs. After all, you have got to keep them safe and secure. So, here’s a list of the best NFT wallets in the market right now.

The Best NFT Wallets

1. Metamask

Launched in 2016 by ConsenSys, Metamask was a simple crypto wallet until it gained the proper attention of NFT users. It was created as a desktop browser extension, but the high demand and usage led to Metamask’s mobile application development.

It is one of the best wallets for keeping your Ethereum-based NFTs safe. The browser extension and the mobile application both feature an easy-to-use interface. The wallet allows complete access to Web3 sites and NFT marketplaces. You can buy, sell, and trade NFTs and cryptocurrencies through it.

It provides one of the highest security by providing a key vault, token vault, and login key and helps manage NFT trade easily. You can access the wallet through your desktop, phone, or tablet. It can also be synced with hardware wallets for easy accessibility.

The newest feature in the wallet allows crypto swap too. The most significant advantages are the built-in dApps and the no gas fee feature. The only disadvantage with this wallet is it doesn’t showcase the NFTs you have stored.

2. Coinbase

Coinbase is one of the most popular names in the crypto market. Famous for being the top cryptocurrency exchange and wallet, it has now made a place in the list of NFT wallets too.

It is easy to use and provides great convenience to its users. It supports many cryptocurrencies, which makes it the go-to choice for many. The wallet also has a swap feature so the users can trade in cryptocurrencies that it doesn’t support directly.

Most people prefer using Coinbase above any other wallet because it offers total control of your NFT instead of holding it in its possession. You can easily buy or sell anytime you want. The best part is that Coinbase has real-life use. It allows users to buy services using NFTs and cryptocurrency. You can buy that Tesla through it if you have enough crypto.

The only downside to this wallet is that its security and anonymity aren’t as good as the rest of the NFT wallets. But when you are getting insurance through Coinbase, security can take a back seat.

3. Crypto.com DeFi Wallet

If you are a crypto investor, you know crypto.com is the top wallet for keeping your digital currency safe. Over the years, it has also managed to make a name for itself in NFTs. The crypto.com DeFi wallet is best for every aspect of NFTs.

The 10 million registered users swear by it. And why shouldn’t they when the wallet provides the highest security and open access to NFT marketplaces? Plus, there are no transaction fees for NFT trade!

It can be easily downloaded from the app stores. The wallet can also be used to share your NFTs on social media. The DeFi wallet has a user-friendly interface. It appears as a gallery where all your NFTs can be seen. On top of that, it also provides interest on holdings within the wallet.

However, Like all good things, it also has a drawback. Currently, the wallet only supports two blockchains; the Ethereum-based and the crypto.org chain.

4. Alpha Wallet

Alpha Wallet was created to revolutionize the crypto wallet game. It is the only self-custodial wallet that is 100% open source. Like all wallets, it has a user-friendly interface. Alpha Wallet can only be used through a smartphone; no browser extension has been released.

With its simple outlook and easy-to-navigate app, it has become the wallet of choice for beginners and people who like to keep things hassle-free. Moreover, the wallet has a “Secure Enclave” system that helps provide the highest level of security.

One of the most loved features is that the wallet allows you to limit the gas fee by decreasing the speed of the blockchain.

5. Trust Wallet

Owned and operated by Binance, Trust wallet has gained the trust of more than 5 million users. With its easy-to-navigate system, built-in exchange feature, and compatibility with many blockchains, the Trust wallet is undoubtedly an excellent choice for an NFT wallet.

It offers simplified procedures for trading NFTs and cryptocurrency. You can buy, sell, collect, or trade NFTs through its secure system without any difficulty. The wallet also enables importing from old wallets without sharing private keys to keep the transaction safe.

In addition to compatibility, it also provides a single-click entrance to the world of NFT through sites such as OpenSea, Axie, and Infinity. The most significant advantage is that the wallet operates without users’ personal information and maintains anonymity to the highest level. It is best for managing and storing all your collectibles and NFTs. However, it doesn’t allow the transfer of NFT.

6. Enjin Wallet

Enjin Wallet is famous for being the “ideal home” for your NFTs. It is used for storing, managing, and trading NFTs. It supports numerous blockchains where people can swap from Ethereum, Bitcoin, and other cryptocurrencies. Enjin is another wallet that provides imports from the previous wallet without private keys.

For people interested in NFT-based gaming, the Enjin wallet is the right choice. It facilitates buying collectibles and NFTs within games and keeps them secure. Like many other wallets, it also has a user-friendly user interface.

It might be the best on the market if not for the limitation that comes with it. As of now, it can only be accessed through the mobile phone. Let’s hope the developers can find ways so users can take full advantage of the wallet.

Now that you know about the best NFT wallets let’s look at what to look for when choosing the right one and how to use it effectively.

How to effectively use an online wallet?

● Ease of use: The first and foremost thing to look for in a wallet is its ease of use. Look for a wallet that is simple to use for you, irrespective of what you hear from others. All those technicalities that appear as great features won’t help you when you are constantly worried about your NFTs and how to access them.

● The security offered by the wallet: Not all NFT wallets offer equally good security. Ensure that your wallet provides enough security to keep your assets safe from hackers and fraud.

● Compatibility with exchanges: Your wallet must be compatible with web3 exchanges to ensure smooth trade.

● Multi-chain support: To effectively store and trade NFTs, it is essential to have a wallet that supports multi-chain networks and swapping. Otherwise, you’ll only have limited choices during a trade.

● Multi-device use: A wallet supported by your desktop and your phone is better because you can’t always have access to your desktop or phone. It helps maximize your output and offers easy accessibility and trade.

● Conversion fees: It is essential to look for the kind of conversion fee a wallet offers, especially during NFT transactions. A wallet with a low conversion fee is the obvious choice for storing and trading NFTs.

NFT wallets will become one of the most used dApps as NFTs grow in usage. They are the new “bank locker.” Each NFT wallet has its own perks and drawbacks. You need to know where you can compromise and the top features you want in your wallet. That is why it is important to know everything about the wallet you choose. Make smart decisions now to have a regret-free future later.

April 26 2022

Benefits of Designing NFT Art

NFTs are perhaps one of the current hottest topics across the planet and consequently have seen a massive boom both in the market and media. The technology, which was born as a natural progression of the blockchain, has been all over the news and social media in the past few months. Everyone wants to have a piece of it. NFTs have empowered designers to achieve financial freedom wherein they can sell their own artwork as trading tokens.

What is NFT Art?

NFT is an acronym that stands for “Non-Fungible Token.” Unlike fungible goods, like banknotes, which can be exchanged with other banknotes of the same value, Non-Fungible Tokens are not replicable or replaceable because they have specific individuality. This individuality is rendered by a digital mark with a certificate of authenticity and uniqueness. This certificate is issued thanks to the blockchain technology that establishes proof of ownership.

The non-fungible aspect of an NFT refers to the uniqueness they possess, which makes an NFT essentially irreplaceable. This means that an NFT is a one-of-one; there is only one original. While NFTs are similar to cryptocurrencies like Bitcoin and Ethereum, a digital art NFT is wholly unique and cannot be exchanged. Every file stores extra information that identifies the original owner elevating it above any other pure currency or cryptocurrency. NFTs are comparable to any physical piece of art in the offline world, as each NFT design is a collectible digital asset that holds value.

Any digital file such as photography, art, music, videos, tweets, and even memes can be stored as NFTs. Owning an NFT is similar to owning a physical piece of art, such as the Mona Lisa. The only difference is that you own a digital file instead of a physical item. You are paying for the file and ownership rights over that specific digital file.

To better understand how NFTs work, it is important to understand blockchains. As the name suggests, blockchains are a type of database where data is stored in blocks, chained together. These chains between the blocks establish a chronological record of data – thus making it easy to trace the original owner.

The data on a blockchain can be centralized or decentralized. In the case of cryptocurrencies and NFTs, the data is on a decentralized database. Blockchain technology makes all transaction records of authorization, ownership, and transfer publicly accessible.

Benefits to art and artists

One might ask how beneficial exactly is the certification and legitimacy of an NFT? What is the use of owning a digital asset that can easily be downloaded?

NFTs are revolutionizing the relationship between a creator and their consumers through scarcity. The scarcity of any asset contributes to its value. NFTs combine scarcity with technology like blockchain and influential establishments and personalities push to find a way to make it the most efficient and democratic way to transact. NFTs, ensure that owners support creators by paying a value that truly matches the demand for the digital asset in the market.

Before cryptocurrencies, people could share posters, videos, motion graphics, and animations, repurposing and reshaping the media. However, it was impossible to own a digital asset and could not be traced back to the original creator. The technology behind NFTs allows creators to license, sell, or display their digital artwork.

Now with a framework in place, creators get a type of ‘legal’ ownership of their work to sell it, as it needs to be ‘minted’ or ‘tokenized’ on the blockchain network after it has been created. This makes it possible to trace the artwork to the creator and gives the digital artist recognition for their work.

NFTs provide creators and artists an accessible and quick way of producing and selling artwork. In most cases, when multiple copies are made of an artwork, the original piece begins to lose its value. However, artists can sell copies of their work as editions. Depending on the platform, NFTs can also include royalties to the artist.

NFTs and their technology significantly lower entry barriers for artists, designers, and creators. This is mainly due to the digital medium, as there are fewer barriers and gatekeepers than in the analog world. It also eliminates the need for significant investments, which would usually be required to set up the manufacturing and distribution of artwork or collectible items.

For most artists and creators, being able to sell their artwork at scale is an opportunity that was not available to them before. The boom in NFTs has also brought about many “generative” NFT projects such as CryptoPunks, Bored Ape Yacht Club, MoonCats, and Autoglyphs.

What does the future hold for NFT artists?

2021 was a breakout year for NFTs. Some of the most significant sales included CryptoPunk #7523 for $11,754,000, Pak’s NFT drop “Merge,” which set the record for largest sale by a living artist and Beeple’s “Human One” for $28,985,000. With more than 40,000 buyers of art NFTs per month and upwards of $20 million in sales being generated weekly, the world of art is changing.

Blockchains and NFTs are changing the definition of an “artist.” NFTs can be bought, sold, and viewed from a computer or phone screen. In addition, virtual reality and projects such as the Metaverse make it possible to virtually visit galleries and museums and explore any exhibition. Transactions on blockchain also allow artists to be directly supported by their audience and control their own careers.

The rise of blockchain technology and the digitization of art will undoubtedly shift the key players and influencers in this new space and make art more representative from their perspective. It will allow for increased diversity and representation. Minorities and groups that are and have been traditionally underrepresented in the art will have better access and an increased chance of being recognized.

With NFTs being digital, the patronage of art will also change. Blockchain transactions are direct; therefore, collectors and fans will be able to directly support their favorite artist or creator. Another fantastic feature of NFTs is fractionalization, or partial ownership, which allows fans or collectors to share artists’ future earnings and work.

Technology innovation is also bound to bring about the use of new media to create and deliver art. Artists can flex their creativity and create on digital canvases, making work accessible through VR or AR. This can make the artwork an experience instead of a static, passive object.

Artists will undoubtedly have more independence and freedom going forward and this will eliminate the need for creators to rely on brands, or mega-collectors and patrons who may ask them to compromise their creative vision. Artists will be able to create the art they want to make with the knowledge that they can find a paying audience for their style, medium, or message somewhere across the globe.

Making their own NFTs and distributing them online through the platform of their choice allows artists more control over their own livelihood. Collectors will also find it more convenient as digital files are easier to create, mass-produce, sell, and distribute, but they are also easier to acquire, exchange, share, and store.

The Parting Words

NFT is a powerful technology and holds immense potential. It can effectively solve issues around ownership and authorized usage of digital assets. However, the technology is new and is still being worked on to make it more reliable, secure, and easier to understand. It is constantly evolving, making it difficult to predict the exact future, but it is likely that it will stay. NFTs are already revolutionizing the world of art.  

Consumers not being able to reuse an artist’s work without giving them due credit, artists having more freedom in terms of what they want to create, and creators having direct access to a market of buyers are just some of the advantages that NFTs bring. NFT art is taking over the world, and the future of NFTs will give more power to artists.






Testimonials

Our Client’s & Partner’s Feedback

If you are skeptical about hiring our NFT design service, fret not. Our clients and partners have something to say about us. At PNC, we are all about building a digital community that strives to bring innovation and inspiring digital art in its purest form



Jane Fuller

NFT Enthusiast


PNC was outstanding when delivering the designs to me. Their team was so helpful and really cared what my preferences were. I made some good money online with their help and insights. No doubt PNC logo is my go-to NFT virtual art gallery development service. Thanks everyone!

star

Bill Dolan

NFT Gamer


I was skeptical at first to use PNC for my NFT avatar. However, once I spoke to their NFT designer, I was convinced I was in the right hand as she had excellent insights to share. They did not just help me develop my NFT character, but they helped me launch it with a bang.

star star

Harry Shane

NFteers


I was new in the NFT world and talked to PNC logos for my first gig. Their team really does have inside knowledge of the crypto world and saved me from making a colossal blunder. I would have made some serious mistakes regarding my digital art and its launch. Kudos to the team!

star star star

Harry Shane

NFteers


I was new in the NFT world and talked to PNC logos for my first gig. Their team really does have inside knowledge of the crypto world and saved me from making a colossal blunder. I would have made some serious mistakes regarding my digital art and its launch. Kudos to the team!

star





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From the PNC Logos ’ NFT Blog

Get the latest insights about everything HOT that is happening. Learn cool digital tricks and get in on the hype about digital earnings through
jaw-dropping NFT digital art. Our blogs show you the right way to stand out in the NFT Art world

March 14 2022

How to Price NFT art and sell it for a profit?

If there is something people are talking about, it is the NFT market. However, despite being a few years old, most people do not know how to operate it and make money through it. Many people are only skeptical about the NFT world. But there is a way to establish your trust in this new and happening thing in town and start minting profits.

If you expect to make millions with NFTs because you heard a success story, we have news for you- pricing and selling your NFTs in the digital world takes a while and certainly does not make everyone a millionaire. To excel in this digital world, there are some rules you need to know before you can attractively price your offerings online so people can purchase more of them.

Many artists worldwide now understand that perhaps conventionally earning through their art is becoming a thing of the past. They are jumping onto the NFT bandwagon. The way you price art in the real world versus how you price and sell in the crypto world differs significantly, and for that, you must learn the right pricing strategy to sell your offering.

Are you new to NFT art? Let’s dig in and get some basics out of the way.

Learn more about NFT art

Spend some time learning the ins and outs of the digital marketplace. Learn what items are hot and trending and which artists and creators are providing NFT items on their chosen platforms. Scroll through various offerings on digital platforms and evaluate the offerings from a buyer’s perspective. Try to find a pattern in the pricing mechanism artists are using and connect it with the type of art they sell. Check whether you will be willing to buy any of that NFT art yourself or not.

Once you review a few artists, go back to your own offerings, and this time you will see them in a different light. Evaluate your art. Figure out your chances of competing against other artists. As a reference point, think about the price your target audience will be more than happy to accept.

For example, if you want to target people who love Marvel, your NFT art must also be related to Marvel movies and priced reasonably.

Be Patient

People in the NFT world are susceptible to a lack of patience. The price of Bitcoin and Ethereum affects the pricing of NFT artwork. In the past, as the price of Bitcoin fluctuated, people began to lose interest in the NFT world. You may find the audience more engaged with digital assets when Ethereum prices are very high. One of the worst things artists do is sell their art when Ethereum is at an all-time low, fearing it would go lower and avoid a loss. However, the prices sometimes took a turn and went to peak, making artists rich overnight and some who sold earlier very unhappy.

Selling your art is all about being patient and waiting for the right time to hit the jackpot. There is nothing wrong with keeping an NFT on the shelf. It is better than selling it for dirt money.

Create Value

Since the NFT marketplace is full of talented artists like yourself, it becomes increasingly important to stand out by creating value for your buyers. There are more NFT products than buyers, which already devalues your collection. However, you can still stay afloat by exploring valuable techniques and tips.

Create art in themes that are already popular. This will increase the chance of a sale at a higher price. However, you must also go your way and provide something original yet very relatable to the buyers. Some artists create original work, price their items very high, and guess what; they are still selling.

The trick is to create value in your product so buyers take more interest in owning it. You will be able to sell even if the ETH prices are low.

No regrets

NFT marketplace is not like the conventional art market, where things are always a bit certain, and you have to be smart enough to guess or predict the market. This market encourages emerging talents. If you sell an art piece at a lower price, don’t fret. Focus on creating more masterpieces, and you will be able to price them better than your previous items. Just keep going and create more work that makes you a well-known name.

Use your NFT pricing as a market strategy

The price of your NFT can tell a lot to your buyers and can work in your favor to sell more of your masterpieces. If your price your NFT lower than you wanted to, your buyers will feel like your offering is affordable, making them more loyal to you. Some artists in the NFT world use this strategy and lower their product prices for the first collection so their buyers can grab it as soon as possible, feeling rewarded and supported. This feeling becomes even better if you raise the price of your art after the initial batch is sold at a lower price to a few loyal fans.

Price and royalties

There are two primary ways of making money from your NFT art.

One is through the initial sale, and the other is through the resale royalties. Your collectibles will rarely stay with one person forever. As they pass from one person to another, they will be making you more money. So one of the ways you can make money is by pricing your NFT at a low price at the initial sale and earning through royalties when it goes from one buyer to another. This will allow more people to buy your NFT in the initial sale stages.

Increase price slowly

It is frustrating when you create an NFT art for the first time and want to sell it at a high price and find the market is not responding well. However, know that the initial sale is the hardest, and once you have that out of the way, you can easily price your next NFT according to your worth. Try not to devalue your work and not price too low because that reflects poorly on your product. Once you have the first sale out of the way and have buyers interested in your skill and style, you can gradually and slowly increase the prices of your artworks.

Number of copies

One of the ways you can determine the price of your work is by knowing how many copies of the NFT art you want to sell online. The general rule of thumb is that if there are more art copies,

the lower the prices. Hence, if you have very few copies of your NFT art, you can sell them at a higher rate. The price heavily depends on the rarity of the item.

Inventory

If you have too little NFT artwork for buyers, it sends out the wrong impression about your artwork, as though your offerings haven’t picked up on popularity yet, or you are testing the waters. On the other hand, having too much inventory with unsold items can also reflect poorly on your artwork. Finding the right balance in inventory is crucial for pricing so people can see your item’s value.

Bottom line

To excel in the crypto world, take a closer look at the marketing trends, what other people are selling, and at what prices. Keep in mind that bitcoin and Ethereum keep fluctuating. The first steps in the NFT world will be challenging for any newbie; however, if you stay persistent, you will definitely make it big if you follow the proper pricing mechanism for your offerings.

Have something to add to the post? Share your comments below.

March 14 2022

How to Sell an NFT at Auctions?

In the last two years, NFTs have taken the world by storm, with tons of auctions taking place. It is estimated that NFT sales are expected to reach $80 billion in the next three years. The most common method of making sales with NFT art is setting a price for a certain amount of NFTs. After the sale concludes, secondary markets start to explode, and flippers and collectors all come into action. But one thing is certain- the prices can vary from as little as two times to as high as twenty times the original.

If you have some art lying around and are wondering how to sell it- try an auction. Unless your art will take time to sell or doesn’t have mass appeal, you should consider auctions to start your profit journey. Let’s dig into the details of how auctions work.

What is an NFT Auction?

Some NFT collections provide a pre-sale and a public sale, while other NFT artists or projects hold digital collectibles auctions. Normally, auctioned NFTs are one-of-a-kind works by the artist. Some of the revenue funds the project and its community.

NFT auctions may occur online via centralized or decentralized platforms or on in-person platforms at reputable auction houses like Sotheby’s.

An NFT auction is a transaction where the seller specifies a minimum price with a time limit for sale. The procedure is simple and straightforward and can be found on secondary marketplaces like OpenSea as well.

People interested in bidding may do so within the stipulated period once posted. Within that time, the item is handed to the highest bidder. Bids are often placed depending on the artistic appeal and how much the buyer is prepared to pay for the NFT.

How do Auctions take Place?

An auction is a sale in which the seller sets a minimum price with a time limit for the transaction. Buyers may bid on the NFT given their offers are higher than the minimum price. Once the time is up, the NFT is sold to the highest bidder.

You will have successfully bid on the NFT once your bid transaction is verified on the blockchain. The NFT will be yours if no higher bids are put before the auction concludes.

Because the nature of the transaction is an auction, you may be outbid before the auction is completed. Before the auction ends, make sure you’re still the winning bidder by checking back periodically.

Make sure to check the website once the auction has ended to see the auction status. You must claim your NFT if you win the auction. The money will be sent to the seller, and the NFT will be deposited in your wallet.

Why is it a Good Idea to use Auctions to sell NFTs?

NFT auctions are global events with participants from all over the world. As a result, this auction-style method ensures that all potential bidders have a fair chance. For collectors, this means that their investment will be protected if the reserve price is met.

Scalpers and short-term flippers are eliminated with this format. There is no profit to be made in the short term as the market establishes the auction price. From the initial sale, fans and long-term investors will be able to win the NFT art.

NFTs should ideally be auctioned using the Vickery rules for the selling price. Users submit their bids over a period of time, with the highest losing offer being the selling price paid by the winner. This prevents customers from overpaying – people bid the precise amount they would offer to win — and enables people to bid their true worth.

It’s critical to accept the offered cryptocurrency; otherwise, the auction might have an inflated selling price due to tampering by fake bidders.

The selling price is determined at the end of the bidding process. Winning bidders get their NFTs, with any excess above the selling price repaid. Bidders who lost would get their money back. It’s also possible that successful bidders will be able to purchase many NFTs at the selling price, given there is more than one on auction.

The fact that consumers would pay a greater fee is one criticism of the auction model. The price indeed goes up. On the other hand, the settled auction price would be quite similar to the current secondary market price. Scalpers would have nothing to benefit from the arbitrage if this were the case.

Scalpers may attempt to get in early with low prices, but successful bidders are true fans and long-term investors who end up purchasing NFTs on secondary markets anyway. The proceeds of the auction go towards rewarding NFT holders with additional content, perks in future NFT drops, or giveaways.

What is an NFT Auction Site or Marketplace?

An NFT marketplace or auction site is your entry to purchasing or selling NFT art. It is like the Amazon of the digital world. Due to the popularity of NFTs, there are plenty of NFT marketplaces or auction sites, each with its own niche. Here are a few marketplaces and auctions sites for you to sink your teeth into:

OpenSea

OpenSea is a market leader in terms of sales. OpenSea offers a wide range of digital materials on its platform. Signing up and browsing the broad choices is entirely free. It also helps creators and artists by providing a simple approach for creating your own NFT, also referred to as minting.

OpenSea supports over 150 different payment tokens and is a great place to start if you’re new to the NFT realm.

Axie Marketplace

Axie Marketplace is the NFT store for the video game Axie Infinity. Axies are legendary creatures that can be purchased and trained before being pitted against the Axies of other players for rewards. Players can purchase new Axies, entire lands, and other items as NFTs for use in the game.

Axie Infinity tokens used the Ethereum blockchain, also commonly known to Axie enthusiasts as Axie Shards. As a result, the tokens are available for purchase and sale on several other NFT markets and cryptocurrency exchanges like Coinbase.

Rarible

Rarible, like OpenSea, is a vast marketplace that is home to all kinds of NFTs. You can produce, buy, or sell all sorts of NFTs. But, unlike OpenSea, you’ll have to purchase and sell using the marketplace’s token, Rarible.

The firm has teamed with several renowned business brands. Taco Bell posted an NFT on Rarible, and Adobe, a cloud software giant, joined Rarible to help safeguard the work of NFT artists and creators.

Foundation

Foundation was created as a straightforward and hassle-free method of bidding on digital art. The platform uses Ethereum for sales. Since its inception last year, the marketplace has sold more than $100 million worth of NFTs.

The Foundation community is open to new artists, and buyers can get started with an Ethereum-funded crypto wallet. Despite the ease and sophistication, Foundation isn’t the ideal place to start if you’re looking for a fast and easy method to start minting NFTs, but it offers lots of artwork that can be viewed in a simple format.

Mintable

Mintable is funded by billionaire Mark Cuban, who wishes to create a marketplace that competes with OpenSea. This platform also uses Ethereum as currency. Mintable allows artists to mint NFTs to market their work.

An ambitious NFT creator or collector must first acquire Ethereum and then link their wallet to Mintable to participate in bidding and purchasing activities on the marketplace.

The Biggest NFT Auctions

To give you a better perspective on NFTs and how far they have come, let’s look at five of the biggest NFT auctions to date.

1. Everydays: The First 5000 Days by Beeple – 38,525 ETH ($69,346,250)

2. Clock – 16,953 ETH ($52,700,000)

3. Human One by Beeple – 4,700 ETH ($28,985,000)

4. Cryptopunk #5822 – 8,000 ETH ($23,700,000)

5. Cryptopunk #7523 – 4,700 ETH ($11,754,000)

If you were unsure about NFT auctions before, you now understand how they work, why they are so important in this day and age, and how to sell your NFTs at auctions. Hopefully, this blog will help you get started on your NFT auction journey. If you have something to add to this blog, feel free to comment below!

March 14 2022

Where can I find the best wallets for NFT?

The year 2020 saw a considerable rise in the popularity of cryptocurrency. People got hooked to the point where many invested their life savings into cryptocurrencies. It was a good year for people who were smart and knew when to invest and when to hold back. However, just when people got accustomed to crypto, the internet saw the rise of Non-Fungible Tokens.

In the following year, people switched from investing in cryptocurrencies to investing and minting NFTs. The most significant push for this switch came when a digital painting sold for almost $70 million. That was all the motivation and hope the public needed to trust NFTs to make them rich.

Now that many people are involved in NFT trading, one should also be aware of the best wallets for NFTs. After all, you have got to keep them safe and secure. So, here’s a list of the best NFT wallets in the market right now.

The Best NFT Wallets

1. Metamask

Launched in 2016 by ConsenSys, Metamask was a simple crypto wallet until it gained the proper attention of NFT users. It was created as a desktop browser extension, but the high demand and usage led to Metamask’s mobile application development.

It is one of the best wallets for keeping your Ethereum-based NFTs safe. The browser extension and the mobile application both feature an easy-to-use interface. The wallet allows complete access to Web3 sites and NFT marketplaces. You can buy, sell, and trade NFTs and cryptocurrencies through it.

It provides one of the highest security by providing a key vault, token vault, and login key and helps manage NFT trade easily. You can access the wallet through your desktop, phone, or tablet. It can also be synced with hardware wallets for easy accessibility.

The newest feature in the wallet allows crypto swap too. The most significant advantages are the built-in dApps and the no gas fee feature. The only disadvantage with this wallet is it doesn’t showcase the NFTs you have stored.

2. Coinbase

Coinbase is one of the most popular names in the crypto market. Famous for being the top cryptocurrency exchange and wallet, it has now made a place in the list of NFT wallets too.

It is easy to use and provides great convenience to its users. It supports many cryptocurrencies, which makes it the go-to choice for many. The wallet also has a swap feature so the users can trade in cryptocurrencies that it doesn’t support directly.

Most people prefer using Coinbase above any other wallet because it offers total control of your NFT instead of holding it in its possession. You can easily buy or sell anytime you want. The best part is that Coinbase has real-life use. It allows users to buy services using NFTs and cryptocurrency. You can buy that Tesla through it if you have enough crypto.

The only downside to this wallet is that its security and anonymity aren’t as good as the rest of the NFT wallets. But when you are getting insurance through Coinbase, security can take a back seat.

3. Crypto.com DeFi Wallet

If you are a crypto investor, you know crypto.com is the top wallet for keeping your digital currency safe. Over the years, it has also managed to make a name for itself in NFTs. The crypto.com DeFi wallet is best for every aspect of NFTs.

The 10 million registered users swear by it. And why shouldn’t they when the wallet provides the highest security and open access to NFT marketplaces? Plus, there are no transaction fees for NFT trade!

It can be easily downloaded from the app stores. The wallet can also be used to share your NFTs on social media. The DeFi wallet has a user-friendly interface. It appears as a gallery where all your NFTs can be seen. On top of that, it also provides interest on holdings within the wallet.

However, Like all good things, it also has a drawback. Currently, the wallet only supports two blockchains; the Ethereum-based and the crypto.org chain.

4. Alpha Wallet

Alpha Wallet was created to revolutionize the crypto wallet game. It is the only self-custodial wallet that is 100% open source. Like all wallets, it has a user-friendly interface. Alpha Wallet can only be used through a smartphone; no browser extension has been released.

With its simple outlook and easy-to-navigate app, it has become the wallet of choice for beginners and people who like to keep things hassle-free. Moreover, the wallet has a “Secure Enclave” system that helps provide the highest level of security.

One of the most loved features is that the wallet allows you to limit the gas fee by decreasing the speed of the blockchain.

5. Trust Wallet

Owned and operated by Binance, Trust wallet has gained the trust of more than 5 million users. With its easy-to-navigate system, built-in exchange feature, and compatibility with many blockchains, the Trust wallet is undoubtedly an excellent choice for an NFT wallet.

It offers simplified procedures for trading NFTs and cryptocurrency. You can buy, sell, collect, or trade NFTs through its secure system without any difficulty. The wallet also enables importing from old wallets without sharing private keys to keep the transaction safe.

In addition to compatibility, it also provides a single-click entrance to the world of NFT through sites such as OpenSea, Axie, and Infinity. The most significant advantage is that the wallet operates without users’ personal information and maintains anonymity to the highest level. It is best for managing and storing all your collectibles and NFTs. However, it doesn’t allow the transfer of NFT.

6. Enjin Wallet

Enjin Wallet is famous for being the “ideal home” for your NFTs. It is used for storing, managing, and trading NFTs. It supports numerous blockchains where people can swap from Ethereum, Bitcoin, and other cryptocurrencies. Enjin is another wallet that provides imports from the previous wallet without private keys.

For people interested in NFT-based gaming, the Enjin wallet is the right choice. It facilitates buying collectibles and NFTs within games and keeps them secure. Like many other wallets, it also has a user-friendly user interface.

It might be the best on the market if not for the limitation that comes with it. As of now, it can only be accessed through the mobile phone. Let’s hope the developers can find ways so users can take full advantage of the wallet.

Now that you know about the best NFT wallets let’s look at what to look for when choosing the right one and how to use it effectively.

How to effectively use an online wallet?

● Ease of use: The first and foremost thing to look for in a wallet is its ease of use. Look for a wallet that is simple to use for you, irrespective of what you hear from others. All those technicalities that appear as great features won’t help you when you are constantly worried about your NFTs and how to access them.

● The security offered by the wallet: Not all NFT wallets offer equally good security. Ensure that your wallet provides enough security to keep your assets safe from hackers and fraud.

● Compatibility with exchanges: Your wallet must be compatible with web3 exchanges to ensure smooth trade.

● Multi-chain support: To effectively store and trade NFTs, it is essential to have a wallet that supports multi-chain networks and swapping. Otherwise, you’ll only have limited choices during a trade.

● Multi-device use: A wallet supported by your desktop and your phone is better because you can’t always have access to your desktop or phone. It helps maximize your output and offers easy accessibility and trade.

● Conversion fees: It is essential to look for the kind of conversion fee a wallet offers, especially during NFT transactions. A wallet with a low conversion fee is the obvious choice for storing and trading NFTs.

NFT wallets will become one of the most used dApps as NFTs grow in usage. They are the new “bank locker.” Each NFT wallet has its own perks and drawbacks. You need to know where you can compromise and the top features you want in your wallet. That is why it is important to know everything about the wallet you choose. Make smart decisions now to have a regret-free future later.

March 23 2022

How to Start an Amazon Private Label Business

We are finally starting to put the pandemic behind us, so we are left with a different world. One of the things that have changed around the globe- people are now much more used to shopping online. This means you can now start your own Amazon private label business. The idea has been adopted by entrepreneurially minded individuals for years. But right now, it’s a more attractive process than ever.

Selling a private label business on Amazon means you create your own brand, find a product, manufacture it, and sell it on Amazon either using their FBA system or fulfilling the orders yourself. The great thing about this business model is that you can organize and manage everything from the comfort of your own computer, while Amazon takes care of all overheads. We will get into the exact steps that will take you from zero to selling your own product on Amazon.

1. Product Research

There are some best practices when it comes to selling private labels on Amazon and managing your store. You might be able to apply all of them perfectly and still fail to make a profit because the product you picked doesn’t have room to grow in the market. This is why you should take your time researching your first product. You are not really limited or have any deadlines when launching your first product. It’s only after you find it that things start to move in time increments.

As an Amazon seller, develop your own unique criteria when looking for a new product to add to your catalog. Experienced sellers have more precise and refined criteria due to their experience. For a beginner, it’s best to follow the following few requirements for your first product so that things don’t get too complicated from the start:

Selling price between $20 and $40

When selling on Amazon, you have to pay fees. It’s a vital component that goes into your margins when calculating profit. If the selling price is too low, the margin will be too slim, and if the selling price is too high, you will most likely be selling a product that is too complex and challenging for a beginner.

No moving parts

To save on quality and to avoid risking higher return rates or possible damage in transport, it’s best to avoid selling items that are mechanical in nature use electric wiring or software.

Not too heavy and not too bulky

The fees are in part related to the weight and dimension of the product you are selling, which is factored into your shipping costs.

High demand – low competition

Ideally, you will find a niche with high demand and minimal competition. However, it’s most likely not going to be straightforward to find such a niche, and finding the demand for any product will be very difficult also. This is why it’s wise to use some advanced market intelligence software, much like the AMZScout PRO Chrome Extension.

If you were to just simply browse Amazon looking for an interesting niche that you might want to launch a product in, you wouldn’t necessarily make a well-calculated risk. After all, this is business, and there are no guarantees of success. Simply browsing Amazon will not give you all the information you need. This is why we need to use sophisticated Amazon marketing intelligence software, such as the AMZScout PRO Chrome Extension.

When it comes to product ideas, you can use the Amazon Trend Report, which is publicly available. You can browse best sellers in each category. You can also get trend ideas by following social media, paying attention to new interests and lifestyles people adopt, and then finding products that correspond to them. You might also look for trends on Google Trends, which has a tendency to really point out cutting-edge trends. You can clearly see the popularity of each of them.

2. Finding A Supplier

Once you have decided on a product or products you want to launch, it’s time to look for a supplier. Most people turn to Alibaba, and for a good reason. You are very likely to find what you are looking for selling there. But make sure you consider the following things before you settle on a supplier.

MOQ

MOQ or the Minimum Order Quantity. Based on the amount of money you would like to invest into launching this product, you will need to know the minimum order you can place with your suppliers and how ordering in larger quantities affects the price per unit and, eventually, your profits.

Supplier certification

The days of scams and dishonest practices on Alibaba are largely a thing of the past. Alibaba has made an effort to make sure that you trust the company and that you can safely collaborate with its members. A few of the things they have in place to create a safe place for trade are badges, such as gold suppliers, on-site checks, and trade assurance. Most suppliers will post pictures of their facilities and even how much revenue they’ve made with their products. To put it simply, it’s easy to see that a supplier is legitimate.

Communication

Keep in mind that finding a supplier is a long-term relationship, and just as in any relationship, communication is key. Make sure you have a supplier who speaks decent English and can clearly understand you, and you them. ‘Clearly’ is the keyword here. This might be more difficult to find than you think.

3. Brand Design And Packaging

Once you have found a supplier, start your branding process by picking a brand name – ideally one that can have its own website domain that isn’t claimed. This is something you will want to eventually get into the Amazon brand registry, which you should really consider down the line. A brand name on Amazon will help boost your sales if you manage to establish yourself in your niche.

You should look towards outsourcing for this part of the process unless you have a product and graphic design background. Creating a private label basically means creating your own brand where you will need a logo and graphic design for your product packaging. You can find professionals such as PNCLogos to take care of all of this for you.

4. Product Samples And Stress Testing

Now, you have your product and your product packaging, and it’s time to get your new product as a sample for you to examine, test, and potentially make changes to before launch. You should do your best to wear out and break your product to see what its weaknesses are to predict or anticipate potential reasons for returns from customers or negative reviews. You should also use this opportunity to take product photos of the samples.

Ordering your first batch

At this point, you should get your affairs in order with Amazon, get your account set up, and add a new product to your catalog. If you have tested your prototype, you should feel confident ordering your first batch of products and sending them to your designated FBA warehouse. Even though your listing will not be active, you will have a placeholder listing that will only become visible once your items get in stock.

Create your listing

As you are waiting for your first shipment to arrive, it’s time to construct your listing. You need to do deep keyword research and proper SEO with your listing titles, bullet points, and description. Also, it’s time to put up your product images and get everything set up so that you can start selling when your stock arrives.

Start advertising and selling

once you have all your ducks in a row, it’s time to start your journey on Amazon. You need to have a game plan for your Pay Per Click efforts as you are launching since that is basically the only way to grow your organic rankings. It’s also a continuous process that all your potential growth depends on.

Conclusion

Selling private labels on Amazon is not too complicated or expensive. You can start your own business with as little as $1,000. What is really challenging is doing it right and making the right decisions. Maybe even more important is learning from mistakes and adapting to particular circumstances of your niche and market. Getting started is easy. Getting good is hard. Good luck sellers!

April 26 2022

Benefits of Designing NFT Art

NFTs are perhaps one of the current hottest topics across the planet and consequently have seen a massive boom both in the market and media. The technology, which was born as a natural progression of the blockchain, has been all over the news and social media in the past few months. Everyone wants to have a piece of it. NFTs have empowered designers to achieve financial freedom wherein they can sell their own artwork as trading tokens.

What is NFT Art?

NFT is an acronym that stands for “Non-Fungible Token.” Unlike fungible goods, like banknotes, which can be exchanged with other banknotes of the same value, Non-Fungible Tokens are not replicable or replaceable because they have specific individuality. This individuality is rendered by a digital mark with a certificate of authenticity and uniqueness. This certificate is issued thanks to the blockchain technology that establishes proof of ownership.

The non-fungible aspect of an NFT refers to the uniqueness they possess, which makes an NFT essentially irreplaceable. This means that an NFT is a one-of-one; there is only one original. While NFTs are similar to cryptocurrencies like Bitcoin and Ethereum, a digital art NFT is wholly unique and cannot be exchanged. Every file stores extra information that identifies the original owner elevating it above any other pure currency or cryptocurrency. NFTs are comparable to any physical piece of art in the offline world, as each NFT design is a collectible digital asset that holds value.

Any digital file such as photography, art, music, videos, tweets, and even memes can be stored as NFTs. Owning an NFT is similar to owning a physical piece of art, such as the Mona Lisa. The only difference is that you own a digital file instead of a physical item. You are paying for the file and ownership rights over that specific digital file.

To better understand how NFTs work, it is important to understand blockchains. As the name suggests, blockchains are a type of database where data is stored in blocks, chained together. These chains between the blocks establish a chronological record of data – thus making it easy to trace the original owner.

The data on a blockchain can be centralized or decentralized. In the case of cryptocurrencies and NFTs, the data is on a decentralized database. Blockchain technology makes all transaction records of authorization, ownership, and transfer publicly accessible.

Benefits to art and artists

One might ask how beneficial exactly is the certification and legitimacy of an NFT? What is the use of owning a digital asset that can easily be downloaded?

NFTs are revolutionizing the relationship between a creator and their consumers through scarcity. The scarcity of any asset contributes to its value. NFTs combine scarcity with technology like blockchain and influential establishments and personalities push to find a way to make it the most efficient and democratic way to transact. NFTs, ensure that owners support creators by paying a value that truly matches the demand for the digital asset in the market.

Before cryptocurrencies, people could share posters, videos, motion graphics, and animations, repurposing and reshaping the media. However, it was impossible to own a digital asset and could not be traced back to the original creator. The technology behind NFTs allows creators to license, sell, or display their digital artwork.

Now with a framework in place, creators get a type of ‘legal’ ownership of their work to sell it, as it needs to be ‘minted’ or ‘tokenized’ on the blockchain network after it has been created. This makes it possible to trace the artwork to the creator and gives the digital artist recognition for their work.

NFTs provide creators and artists an accessible and quick way of producing and selling artwork. In most cases, when multiple copies are made of an artwork, the original piece begins to lose its value. However, artists can sell copies of their work as editions. Depending on the platform, NFTs can also include royalties to the artist.

NFTs and their technology significantly lower entry barriers for artists, designers, and creators. This is mainly due to the digital medium, as there are fewer barriers and gatekeepers than in the analog world. It also eliminates the need for significant investments, which would usually be required to set up the manufacturing and distribution of artwork or collectible items.

For most artists and creators, being able to sell their artwork at scale is an opportunity that was not available to them before. The boom in NFTs has also brought about many “generative” NFT projects such as CryptoPunks, Bored Ape Yacht Club, MoonCats, and Autoglyphs.

What does the future hold for NFT artists?

2021 was a breakout year for NFTs. Some of the most significant sales included CryptoPunk #7523 for $11,754,000, Pak’s NFT drop “Merge,” which set the record for largest sale by a living artist and Beeple’s “Human One” for $28,985,000. With more than 40,000 buyers of art NFTs per month and upwards of $20 million in sales being generated weekly, the world of art is changing.

Blockchains and NFTs are changing the definition of an “artist.” NFTs can be bought, sold, and viewed from a computer or phone screen. In addition, virtual reality and projects such as the Metaverse make it possible to virtually visit galleries and museums and explore any exhibition. Transactions on blockchain also allow artists to be directly supported by their audience and control their own careers.

The rise of blockchain technology and the digitization of art will undoubtedly shift the key players and influencers in this new space and make art more representative from their perspective. It will allow for increased diversity and representation. Minorities and groups that are and have been traditionally underrepresented in the art will have better access and an increased chance of being recognized.

With NFTs being digital, the patronage of art will also change. Blockchain transactions are direct; therefore, collectors and fans will be able to directly support their favorite artist or creator. Another fantastic feature of NFTs is fractionalization, or partial ownership, which allows fans or collectors to share artists’ future earnings and work.

Technology innovation is also bound to bring about the use of new media to create and deliver art. Artists can flex their creativity and create on digital canvases, making work accessible through VR or AR. This can make the artwork an experience instead of a static, passive object.

Artists will undoubtedly have more independence and freedom going forward and this will eliminate the need for creators to rely on brands, or mega-collectors and patrons who may ask them to compromise their creative vision. Artists will be able to create the art they want to make with the knowledge that they can find a paying audience for their style, medium, or message somewhere across the globe.

Making their own NFTs and distributing them online through the platform of their choice allows artists more control over their own livelihood. Collectors will also find it more convenient as digital files are easier to create, mass-produce, sell, and distribute, but they are also easier to acquire, exchange, share, and store.

The Parting Words

NFT is a powerful technology and holds immense potential. It can effectively solve issues around ownership and authorized usage of digital assets. However, the technology is new and is still being worked on to make it more reliable, secure, and easier to understand. It is constantly evolving, making it difficult to predict the exact future, but it is likely that it will stay. NFTs are already revolutionizing the world of art.  

Consumers not being able to reuse an artist’s work without giving them due credit, artists having more freedom in terms of what they want to create, and creators having direct access to a market of buyers are just some of the advantages that NFTs bring. NFT art is taking over the world, and the future of NFTs will give more power to artists.



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Contrary to popular belief

Are NFTs complicated to figure out?

There is nothing complicated in the NFT world. They are just crypto tokens that allow you to fully own a digital asset- the most popular asset is digital artwork.

The best thing about NFT is that it signifies provenance. If you own a digital asset, the NFT will record your ownership. You have nothing to worry about if you are a collector, as your investment is protected and can be traced back to the original creator.

Are NFTs are not a good investment?

Many people believe that NFTs are a terrible investment because art is a bad investment. However, the market is dominated by speculation, just like in the real world, where a price hike in one art piece can result in other pieces decreasing in value. In the NFT world, it is the same, but it offers open editions of the digital collection, which can be resold. This is when there are more digital pieces of popular digital art to be sold to buyers for a limited time.

The best thing to do is invest in original NFTs and have clear provenance. Your goal should not be asset appreciation; instead, your goal should be risk management.

With PNC logos, you will get a step-by-step guide and more such insights into how the NFT world works. Rest assured, you will only make good money with us than risk losing it

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NFT is a verifiable token as compared to other tokens floating on blockchains. This one characteristic of NFTs gives it immense value. The NFT itself may not be very valuable, but it points to a unique location on the blockchain. Just like a concert ticket or a property deed, the NFT renders value to anything that it is attached to.
NFTs can be used for anything. Any real-world objects that need to define ownership online can do so by attaching NFTs to themselves. Art is not the only use of NFTs. NFTs are also used by musicians, owners of rare objects, and possibly content.
NFTs are traded online on most exchanges. They can be bought from marketplaces like OpenSea, Rarible, Axie, and other specialized shops that sell specialized NFTs. You can trade NFTs over Gemini, Kraken and Coinbase.
Yes, you can create your own NFT. The best way is to do it yourself. If you have a basic understanding of design software, you can get down to creating great avatars. However, you can contact an agency or experts if you need more expertise. At PNC Logos, we provide you the expertise of a team. You can send in your query, and we will help you design your NFT Art.
Technology, unfortunately, impacts the planet by consuming excessive amounts of energy. Due to NFT's secure nature, the authentication process of NFT requires substantial mining power. To maximize profits, miners tend to use cheap fossil fuels, which have a negative environmental impact.
Many people mistakenly think that NFT art and jpeg are the same things. NFT art is a piece of art with a unique code attached to it, while jpeg does not have any such thing. Therefore jpegs can be copied while NFT art cannot be reproduced.

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