This is a tutorial for creating NFTs on Ravencoin from scratch.
There are lots of ways to create NFTs, but this tutorial will demonstrate the easiest route to create Ravencoin NFTs using MangoFarmAssets Wallet, and RavencoinIPFS.com. This post assumes that you don’t have any RVN to start with, and that you’ve never created an asset or an NFT (“Unique Asset”). No previous knowledge or experience with Ravencoin needed.
To create an NFT, you need to first create a root token. This identifies the provenance of the NFT.
Example root asset:
WSHATNER
You want to keep these short because the total number of characters you have for your full NFT name is 31 characters, and that includes the number of characters in your root asset.
To create a root asset you will burn 500 RVN. To create an NFT, you’ll burn 5 RVN, and you’ll need a tiny bit of RVN for fees. So, to create a single NFT, you’re going to need about 506 RVN. You should get maybe 24 more RVN if you want RavencoinIPFS.com to store your NFT digital files for a few years.
Get 530 RVN (about $50 at the time of this blog) to complete this tutorial and make your own root asset and you’re first NFT. You have a lot of choices on where you get RVN, but here are two I recommend. tZero…