How to launch an NFT collection on OpenSea

Tips (11:50)

Share your NFT project link early. Share as soon as your have your items added, not when you are ready to sell
Set up in advance. Initialize early so you don’t miss your launch day
Add extra benefits to owning your NFTs e.g. a product or a membership or something. Your art may not be expensive but a buyer needs to pay GAS (US$125)
Build a community (Discord channels) for people to wait for an NFT launch months in advance. They create buzz before and after an NFT launch

Don’t make your collection visible just before it’s listed for sale on OpenSea or you’ll miss out on potential sales

let people browse and favorite your items
let them sign up for notifications so they know when your collection is available for sales

Already start at the very beginning of a campaign to get more retweets and impressions before launch

build more trust with your collection especially when you are not well-known

need to connect crypto wallet with the account
e.g. MetaMask, Wasabi, Coinbase
Connect Coinbase to Coinbase Wallet to connect to OpenSea
Need some money (say $200) in the wallet to pay for initialization fee on OpenSea
- 66 gwei (around US$125)
- it could take a day for the transaction to process
after this you can create a collection on OpenSea

Cannot if your name is too similar to an existing one
decide which blockchain your want your NFT to be added – Ethereum by default. Can also choose Polygon

add description and external links
use property field to indicate with set each item is in to make it easier to filter by set

measured in gwei
1 gwei = 0.000000001 ETH
the higher the demand is for transaction approvals, the higher the base GAS required
you can add more GAS to make your transaction goes through faster
sellers don’t pay GAS. buyers do
but when you do giveaway, you pay GAS because you mint the NFT into a blockchain