One step further towards multi-chain integration!
We are pumped to announce the next blockchain on our multi-chain integration roadmap — Ethereum. As of today, users will be able to mint NFTs using the Ethereum Network directly on Refinable.
As the largest decentralised network in the world, Ethereum’s growth has been anything short of spectacular. Millions of users flood the network every day to use Ethereum based projects, such as Uniswap, Chainlink, and Aave. In NFTs, the majority of minting is still being done through Ethereum and will continue to be for the foreseeable future. These include collections that have gained unbelievable traction such as Cryptopunks, Bored Apes Yacht Club, and many others.
Why we chose Ethereum
One key part of our roadmap at Refinable is to give our users the ultimate flexibility of choice. Being the foundation of the largest community for NFTs, Ethereum is still the go-to option for buyers, sellers, and creators in the space. The popularity of the network will also give users access to more liquidity. More liquidity means more options and more possibilities for our community. We have seen the extent of this on other marketplaces, with billions in USD in transaction volume on Ethereum last month. By onboarding Ethereum, we can now give more accessibility to artists and developers to release collections on Refinable.
Ethereum Network and Digital Art Fair Asia
Something we are excited about is the ability to offer all artists at the festival a chance to mint their artwork into NFTs using the Ethereum Network. Due to its massive community and high liquidity, the artists will benefit from more potential buyers when listing on Refinable. All artists were taught how to use Refinable, connect their wallets, mint on the Ethereum Network, and list their NFTs for sale as fixed or auction. Check out the collection here.
Minting and Listing NFTs on the Ethereum Network
Step 1: Connecting your Wallet and Starting the Creation Process
Firstly, click the “Connect Wallet” button in the top right corner and select MetaMask or Trust Wallet. We highly recommend Metamask!
Then you will see a “Create” button at the top right corner, next to where you’ve connected your wallet.
Step 2: Confirm you Understand (first mint only)
To begin creating your first NFT, click the “I Understand” button after reading the short message explaining the NFT creation process.
Step 3: Create a New Collectible
Once you have done that, upload your NFT file, which can be any graphic in the following formats, JPG, PNG, and GIF. The maximum file size is 10Mb.
If it has not been chosen already, click the Network dropdown and select ‘Ethereum’.
After you’ve chosen the correct network, you will need to add a few more details to finalize your NFT, such as giving your collectible a title, tag, description, and the number of editions (e.g. 1 of 1, 100 of 100, etc).
Click on “Agree & Continue” at the bottom of the page to mint your first NFT on Ethereum.
Make sure you have enough ETH in your wallet to approve the transaction. It’s that simple!
(*Be careful of minting during popular times, check gas prices first to avoid high fees!*)
Step 4: Set a Fixed Sale Price
Once you have created your NFT, you can then list it on the Refinable platform. This step will cover the fixed sale price option. First, input how much the NFT will cost and how many NFTs will be sold in total.
Once you have filled that out, click the “Agree & Continue” button.
Step 5: Set up an Auction
For Auctions, indicate when your Auction starts and ends. Also, fill in the minimum price for your NFT.
Confirm by clicking the “Put Item for Auction” button.
Step 6: Confirm Listing
You’re almost there! Click “Yes, I’m sure” button to list your NFT on the Refinable platform for the world to see!
The future is bright (closing)
Joining the ever-growing and thriving Ethereum community is an enormous step for us, but we still have so much more planned. Future multi-chain integrations, partnerships, and much more are just around the corner. You won’t want to miss what we have in store, so make sure to stay up to date with our socials for all those juicy updates.
Refinable is the definitive solution to create, discover, trade, and leverage NFTs. Our marketplace provides an accessible environment, for any user, brand, or community, by offering multi-chain flexibility, ultra-low cost alternatives, and high performance options to engage with NFT content.
Beyond the marketplace, Refinable also offers custom solutions for brands and projects looking for new engagement opportunities.
Telegram ANN: https://t.me/RefinableAnn