Bankless: One article understands how to create NFT through BLASTER

Author: William M. Peaster, Bankless; Compilation: Five baht, Bit Chain Vision World

BLAST is currently the only Layer 2 that provides native income through ETH pledge and real world assets (RWA).

ETH and stable currency holders on BLAST only need to hold assets on the Internet to automatically earn interest.

Blastr is a project that builds an interesting creator monetization approach around this model. The platform can easily create and collect NFT.

This is because the income system integration of Blastr and Blast provides a safe and favorable environment for NFT.Its working principle is as follows:

  • Favorite settings:Creators can set their NFT collections by defining the price, supply and time locking duration.Each series has launched its own ERC721 smart contract to ensure DIY control funds and decisions.

  • Casting process:When casting NFT, the ETH used is locked in a smart contract within the specified time.The ETH generates benefits through BLAST’s native income system.

  • NFT that can be refunded:After locking, NFT can be refunded.If the holder chooses a refund, the NFT will be destroyed and ETH will be returned.

  • Create revenue:The creator earns Blast’s native income from ETH locked in the contract, let alone Blast Point and Blast Gold.For example, BLASTR estimates that the annual income of 5,555 collections cast at a price of 0.1 ETH per time is about 22.22 ETH.

In other words, collectors can also earn points and rewards by collecting NFT on Blastr.Just browse the existing series, find a series that is suitable for you, and then cast.

As mentioned earlier, the ETH you used to cast will be locked. Over time, the NFT creator will get benefits.After the lock -up period is over, you can keep your NFT or get a refund to ensure a risk -free collection experience.

On the other hand, it is also simple to create a NFT collection on Blastr.Only a few steps are required:

  • Start your collectionTheConnect your wallet on Blastr.xyz/create, and start new collection by filling in the main details (such as names, descriptions, coin prices and supply).

  • Custom definition:Use you think the appropriate image, banner and social media links are used to style your collection.

  • Prepare your contract:Define your smart contract details and prepare your artwork.If you need help, Blastr creates a useful guide to uploading art to IPFS.

  • Finally determined:Customize your public and private casting stage settings, and then press the “deployment” button.

  • start up:After deployment, your collection page will be launched.Here, you can edit your collection as you need, or start your launch according to the “Starting Public Mint”.Please note that 5 minutes will be kept to the Blastr key holder.

Looking forward to the future, if Blastr continues to succeed, it may inspire more platforms to adopt similar models, and the native BLAST will be integrated into their applications.

At the same time, Blastr’s use cases are widely opened, from DAO membership qualifications to the chain subscription service, so please pay close attention to it and think of it as a novel way to monetize his work.

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