How to Create an Asset / NFT with Stibits minted on Ravencoin

This article will explain how to create Non-Fungible Tokens or NFTs through the Stibits mobile app.

There are several steps involved.

After creating a few assets / NFT’s you can become a pro.

First, create an asset on Stibits if you do not already have one.

If you created the asset elsewhere you can transfer it to Stibits and make an NFT for that main asset.

Assets cost 500 Ravencoin to create. You will name your asset when you create it, and you will use that name to represent your NFT. When you have your asset, you can create sub-assets or unique assets under that asset. Think of it as a tree, with its branches acting like your sub-assets and unique assets. Unique assets are what you will typically use to create your NFT. However, you can use an asset or sub-asset instead. Depending on how you want to create your NFT, assets and sub-assets can have more than one quantity, while unique assets can only have one quantity. It costs 5 Ravencoin to make a unique, which is very cheap compared to creating a sub-asset or asset. Furthermore, having just one NFT makes the value higher than thousands of the same NFT. Therefore, we recommend using unique assets.

Along with having an asset or sub-asset representing your NFT, make sure to find an IPFS platform to upload your image or video for your NFT. These platforms are meant to store and pin your images and videos on an IPFS or InterPlanetary File System for them to be hosted on the blockchain. Your images and videos are essentially stored on a peer-to-peer network instead of a private network. It relies on volunteer nodes, which makes no guarantee that it is permanent. This is something to consider when choosing your IPFS platform. Once you upload your file, it will create an address or IPFS CID that anyone can access to view your image or video. The IPFS CID will be used when creating your NFT. RavencoinIPFS or Pinata are a few recommendations to store your images or videos.

Once you have chosen your asset or sub-asset and have uploaded your image or video to an IPFS platform, follow these next steps to create your NFT using Stibits.

Step 1:

Click the Assets tab in the Ravencoin section

Step 2:

Click View All Assets.

Step 3:

Click See all.

Step 4:

Select the asset or sub-asset you want to use.

Step 5:

Click on Issue Unique Asset.

Step 6:

Click on the space next to your asset or sub-asset name and enter the name of your NFT.

Step 7:

Click on the grey circle next to Has IPFS, which will turn red to paste or scan your IPFS CID to your NFT.

Step 8:

You can paste your IPFS CID that you’ve created from a pin manager like Pinata. Please refer to the beginning of the article if you need more information on IPFS.

Step 9:

After entering your NFT’s name and IPFS CID, click Next.

Step 10:

Click Create after confirming the information and cost for your NFT.

Step 11:

After clicking Create, you will receive confirmation that your Asset, aka NFT, has been created.

Step 12:

Click the X button on the top right to close the popup and return to your Asset section.

Step 13:

Check your Recent Activity to see if you successfully created the NFT.

Step 14:

You can check your NFT’s information under View All Assets.

Step 15:

Ravencoin Asset Explorer is another great resource for checking your NFT’s information. Click your NFT to see more information.

Step 16:

Once you click your NFT’s name, you will see its information on the right-hand side.

Step 17:

You can also check your NFT’s Direct Link for easier access and overview.

Follow on Twitter to learn more: twitter.com/stibits

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