Q: How to set my custom URL for my NFT Marketplace?

Custom Domains Do you own a custom domain? As part of any of our offerings, you can set up a custom domain for your NFTICALLY store or marketplace. This removes nftically.com from your site URL and replaces it with your branded domain! What is a Custom Domain? When you first create a NFT store or marketplace with NFTICALLY, it will be given NFTICALLY URL, formatted as follows: yoursite.nftically.com. Everything that appears before nftically.com can be customized as desired on all plans, however if you are looking to remove the NFTICALLY's branding, this can be done with a premium plan only. Please reach out to us via chat or email to discuss more on the premium store or marketplace! Setting up your own custom domain allows you to access your NFT store or marketplace with a domain that you own. You can replace your nftically.com URL with a branded domain that can be formatted like www.yoursite.com or nft.yoursite.com instead! Custom Domain Requirements <hr /> To set up a Custom Domain for your NFTICALLY store or marketplace, you require the following: <ol> <li>A domain purchased from a domain host (Namecheap, Bluehost, Hover, GoDaddy Cloudfare, etc.)</li> <li>An Initialized store or marketplace</li> </ol> How to Set Up Your Custom Domain in Your Domain Host <hr /> Find Your Domain Host Before you can set up a custom domain for your NFTICALLY , you will need to register your chosen domain with a domain host if you haven't already. Some popular domain hosts include Namecheap

Question 1

How can I create an NFT?

Accepted Answer

To create an NFT, you need a digital asset or creation of any kind which is yours.

To mint an NFT on the NFTICALLY platform, you have to follow the below step by step guide.

Step 1: Sign up using your Wallet. Preferably MetaMask.

Step 2: Go to "My Collections" by clicking on the User icon Menu on the top right corner.

**Step 3: ** Click on "Create Now" button to create your first collection.

**Step 4: ** Fill the details of your collection.

**Step 5: ** Once the Collection has been created, on the collection page, click on "Add Item"

**Step 6: ** Add the details of your digital asset for which you want to mint your NFT & then click on "Save"

Step 7: Go to the newly created item and then click on "Sell" button.

Step 8: Since this will be your first item in this Collection, you will be asked to sign & confirm four transactions one by one & pay the Gas Fees to the Blockchain which you have selected while creating the Collection.

Step 9: Done. Your item has been minted and can be purchased by anyone.

Question 2

How do Auctions work for your NFT Hub?

Accepted Answer

All set with your NFT Store? Waiting for the right buyer to make the NFT purchase? Well, how about making this entire process a little exciting and more rewarding? Yes, with the Auctions feature, you can now put your NFTs open for bidding and let the race to claim them begin!

NFTICALLY offers the English Auction and the Dutch Auction feature, so let’s explore what it exactly is and how you can benefit from it being an NFT Store owner.

**English Auctions **simply refer to the process of bidding and winning where the highest bid takes home the cake. Yes, the highest bid made on any asset will eventually win.

Dutch Auction refers to the process, where a seller generally starts with a high price of an asset, but eventually lowers the price until someone accepts it. In Dutch Auction, prices can be lowered up to a level till it reaches the pre-determined Reserve Price.

Once the auction is closed, and all the bids received, the NFT Store owner will then be choosing the highest bidder and the asset will be transferred to the respective bidder, after the transaction has been completed successfully.

The option to choose the highest bidder is completely an action call to be taken by the seller. NFTICALLY does not bound the seller in any way to choose the highest bid by automating the process. The accepting of bids is kept simple and open for sellers.

It is important to note here that the bids made in the last 10 minutes of any auction will eventually extend the auction time by

Question 3

What is NFT (Non-Fungible Token)?

Accepted Answer

Before understanding NFT, you must understand what is fungibility. Fungibility is the property of the object or item to be interchanged with another copy of the same type or similar type or different type without affecting its value. Money is the best example of fungible tokens. If I have a $100 bill & you have five $20 bills then we can exchange it easily without causing any loss or benefit to anyone. Similarly, Non-Fungible items are those which can not be interchanged like this.

Gallery art hanging in the museum is the best example of it. Every art is unique & can not be replaced by any similar items.

Non-Fungible Token (NFT) represents a one-of-a-kind digital asset which has been securitised by the backing of cryptography (the same technology we use to generate cryptocurrencies) and thus allows the owner to claim their creation.

It's just a digital representation of your digital assets (image, video, text file, pdf, etc.) whose proof-of-existence & proof-of-ownership is being managed by a Blockchain ledger, simply called Blockchain. This is only possible because the Blockchain ledger is considered immutable (means can not be altered or removed) and thus cannot be tampered with by anyone without paying billions of dollars & years of time.

NFTs can be created for a wide variety of digital art and assets like music, painting, memes, videos, gaming collectibles and a lot more. Since NFTs provide a sense of belonging and help in establishing a proof of ownership, they ar

Question 4

How to sell my NFT?

Accepted Answer

To sell an NFT, you need to first create an item inside your collection and then mint it by putting it on sale.

To sell an NFT on the NFTICALLY platform, you have to follow the below step by step guide.

**Step 1: ** Go to your collection page & click on "Add Item" button.

**Step 2: ** Add the details of your digital asset for which you want to mint your NFT & then click on "Save"

Step 3: Go to the newly created item and then click on "Sell" button.

Step 4: Since this will be your first item in this Collection, you will be asked to sign & confirm four transactions one by one & pay the Gas Fees to the Blockchain which you have selected while creating the Collection.

Step 5: Done. Your item has been minted and can be purchased by anyone.

Question 5

How to set my custom URL for my NFT Marketplace?

Accepted Answer

Custom Domains

Do you own a custom domain? As part of any of our offerings, you can set up a custom domain for your NFTICALLY store or marketplace. This removes nftically.com from your site URL and replaces it with your branded domain!

What is a Custom Domain?

When you first create a NFT store or marketplace with NFTICALLY, it will be given NFTICALLY URL, formatted as follows: yoursite.nftically.com. Everything that appears before nftically.com can be customized as desired on all plans, however if you are looking to remove the NFTICALLY's branding, this can be done with a premium plan only. Please reach out to us via chat or email to discuss more on the premium store or marketplace!

Setting up your own custom domain allows you to access your NFT store or marketplace with a domain that you own. You can replace your nftically.com URL with a branded domain that can be formatted like www.yoursite.com or nft.yoursite.com instead!

Custom Domain Requirements

To set up a Custom Domain for your NFTICALLY store or marketplace, you require the following:

A domain purchased from a domain host (Namecheap, Bluehost, Hover, GoDaddy Cloudfare, etc.)
An Initialized store or marketplace

How to Set Up Your Custom Domain in Your Domain Host

Find Your Domain Host

Before you can set up a custom domain for your NFTICALLY , you will need to register your chosen domain with a domain host if you haven't already. Some popular domain hosts include Namecheap

Question 6

What is Blockchain and how does it work?

Accepted Answer

A blockchain is a peer-to-peer Database (aka Ledger) of transactions arranged in a chronological order through encryption. Any data recorded in the Blockchain is immutable in a way. Immutability adds the trust on the recorded data which makes the Blockchain powerful for certain use cases.

Bitcoin are the assets created through the ledger on Bitcoin Blockchain.
NFTs are the tokens minted through Blockchain and remain recorded in the blockchain for Ownership, Proof-of-Existence & Time-stamping.

Miners add a Block into the Blockchain by adding the new transactions into it and sign it cryptographically after solving a computation challenge. This process is called Mining. Miners get rewarded by for this work through transaction fees in that Block which is paid by all the users while proceeding with the transaction.

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