For each transaction on the Ethereum network, users need to pay high transaction fees. To resolve this problem, Openlake offers users a new blockchain choice—Binance Smart Chain(BSC). On BSC network, transaction fees are much lower than on Ethereum. In this tutorial, we will show you how to create NFTs via the BSC Network. Prerequisite: Owns [...]
Tag: create NFT
[Tutorial] Openlake Music/Video/MV NFT Creation Rules
Origin Music/MV: To create an origin Music/MV NFT, you need to satisfy the below requirement(s): I am the original creator of this Music/MV.My Music is one of the supported file types: MP3, WAV, AIFF, WMA, MIDI, AMR, FLAC, APE, OGG, AAC.My MV is one of the supported file types: MPEG, AVI, NAVI, ASF, MOV, 3GP, [...]
[Tutorial] How do I create a Music/Video NFT?
STEP1: Create a NFT Collection 1.1. Click on “Create” on top right, then click on “Create Collections”. 1.2. Fill in the collection information. 1.3. Set Collection Royalty ratio. 1.4. Set Link Settings. (If you want to provide detailed description of your Collection, you can attach the link here.) 1.5. Submit form and sign via wallet. Collection [...]
Openlake Music NFT Listing Types
Openlake is a pioneer in exploring the combination of NFT and copyrights,and is committed to the continuously refine of this revolutionary technology.Openlake may make revisions on the music NFT copyrights in cases including but not limited to new law enforcement or revisions. Openlake provides 4 selling methods for music NFTs: Single NFT Listing, Cover Right NFT [...]
Can I create NFTs on Openlake without selling them?
Yes, you can create NFTs and let them sit in “All NFTs”; however, they will not be visible on other platforms unless the NFTs are transferred or sold.
Can NFTs created on Openlake be seen on other platforms?
NFTs created on Openlake can be seen on other platforms if transferred or traded. This is due to the “Lazy Minting” technique that Openlake adapts. NFTs will only be “minted” on blockchain when the NFT is transferred. This technique is to reduce the transaction fees on blockchain networks.
Can I create an NFT in Batch quantity?
It depends. Openlake supports both. Openlake allows batch quantity for certain types of NTFs e.g. Original Music, Video for now. We will enable batch quantity for more types in the future.
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