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CREATE, SELL AND BUY ART NFT’S HERE

Join our Artfundi Marketplace today and discover the great new opportunities this NFT platform offers. Artfundi Marketplace is the perfect gateway to increase revenue, connect with new buyers, and view curated and anticipated NFT artworks. Growing your global reach has never been easier.

What is an NFT?

NFT stands for non-fungible token.

Non-fungible means the item is not interchangeable. An NFT is a unit of data stored in a digital ledger. Unlike Fungible tokens which are interchangeable, such as currency, one dollar can be exchanged for another dollar, each NFT is unique and has a distinct value with a certificate of authenticity and can therefore not be interchanged, as there is not another identical thing to interchange it with. This is why art and rare collectibles make perfect NFT’s.

NFT’s are created, sold, and bought via the blockchain. The creator becomes the owner of the original file and, consequently, of a set of authorizations regarding the use of this NFT. Most NFTs are registered on Ethereum's blockchain, a decentralized platform that supports the recording of unique information.

For more information on what makes a good art NFT, please click here.

Setting up and getting started!

Artfundi Marketplace offers artists and galleries an easy way to get into the NFT market - with very little fuss. Artfundi Marketplace is one of the few NFT marketplaces that support Artist and Gallery commission splits allowing for both independent and represented artists.

Here’s how to get started:

  1. Get a wallet:
    Artists, galleries, and collectors will need to set up a wallet. For more information please view our Step-by-step Guides on how to set up a Torus Wallet or MetaMask Wallet.

    Note: Artists and Galleries: The wallet account must belong to the artist, not the gallery, as the account will be registered as the creator of the work, and this sets up the artist as creator and begins the provenance. When the artist mints the work, the gallery commission may be specified as agreed per work. If there is no gallery involved then the artist leaves it at zero.

  2. Deposit:
    Before you can transact on your wallet, you will need to purchase some ETH, Coinbase, Gemini or Luno are good places to start. You will then need to transfer your ETH to your wallet. Once your wallet is installed and topped up you’re now ready to go.

  3. How to Buy:
    In order to buy NFT artworks from the Artfundi Marketplace you will still be required to set up a wallet with Ether in it. Once you have a wallet installed and running, navigate to the Browse tab and view the range of art NFT’s. You can filter by Artist, Gallery, Curator, Project or Search. When you find the work you wish to purchase, simply select the work and press the buy now button. Your wallet will prompt you with the transaction, you review, approve and then you’re done - you now own an NFT. Payment and delivery to your wallet takes place automatically.

    Note: Ownership of an NFT may or may not grant you copyright. In fact, usually copyright remains with the artist, as it does with physical works. On the Artfundi Marketplace, we’ve made it clear - artists will specify whether or not copyright will be transferred to the buyer when the NFT is sold, and it will be stated below the selling price on the artwork detail page.

  4. Creating/Minting your first artwork (Artists and Galleries):
    Minting a work is easy on Artfundi Marketplace, Once you have received confirmation from us that your application has been approved, you will have access to the ‘create’ tab. Click on the ‘create’ tab and drag and drop your artwork file (JPG, PNG, TIFF, GIF, or mp4 ) into the ‘create field’. It is recommended to use high-quality files, limited to 3GB, to avoid pixelation on large screens. Your NFT’s are then generated and stored on the IPFS (a decentralised multiple-server global storage network), and you receive the key. Once minted you can see your work on your Assets page, where you can set your selling price in ETH. You can sell your NFT’s on the Artfundi Marketplace, and/or embed your NFT's onto your own website or social media channels, have full promotion control, and sell from there with a link.

    Note: Changes you make on the blockchain (such as setting the selling price, or burning/deleting the work) will require you to process the transaction via your wallet, and will incur gas fees. Other edits (such as changing the description of your work) are done on Artfundi Marketplace only and will ask you to sign off the change, but will not incur any fees.

“Art NFT’s have to be ‘good’ on three levels - Creative, Authorship and Technical.” Read more about it by clicking here.
- Tamzin Lovell-Miller

Artists and Galleries

To apply to Artfundi Marketplace, simply fill in the application form below and we'll get back to you shortly confirming your place. You don't have to have NFT's ready at this stage, this is just a get-to-know-you process, it is not a commitment of any kind.


a. Artists click here.
b. Galleries click here.

Pricing:

Gas Fees

The gas fee is required to conduct a transaction on an NFT platform. Gas fees vary and depend on the time of day. These are charged by the Ethereum network and Artfundi Market cannot influence these, however, you will have full transparency and a quote before you commit to minting.

Commissions and Royalties

Primary Sale (first time sold from artist to the first buyer):

  • Seller pays the commission of 15% to the platform

  • 85% goes to the Artist

  • Artfundi also supports Artist and Gallery commission splits

Secondary Sale (resold from collector to subsequent buyer/s):

  • Seller pays the commission of 5% to the platform

  • Artist receives 10% as a Royalty.

Copyright

Copyright - on the Artfundi Marketplace platform at the point of minting, the artist will have the choice to retain copyright when the work is sold, or alternatively to transfer copyright to the buyer.

How to setup a Torus Wallet

  1. Go to the Torus website (https://tor.us/) and click on "Get Started."
  2. Click on "Connect with Google" or "Connect with GitHub" to link your account. This will allow you to use your existing Google or GitHub account to log into your Torus wallet.
  3. Once you've connected your account, you will be prompted to create a new wallet or import an existing one. If you're creating a new wallet, you will need to set a password and save your seed phrase. Make sure to keep this seed phrase in a safe place, as it is the only way to recover your wallet if you lose access to it.
  4. After your wallet is set up, you will be taken to the dashboard where you can see your balance, transaction history, and other information.
  5. To add funds to your wallet, click on the "Deposit" button, and you will be given a deposit address to send your funds to. You can also use this address to receive funds from other people.
  6. To make a transaction, click on the "Send" button and enter the recipient's address and the amount you want to send.
  7. Confirm and submit the transaction.

Please note, Torus is a non-custodial wallet, meaning that you maintain the control of your private keys and seed phrase, so it is extremely important to keep them safe and secure.

How to setup a MetaMask Wallet

  1. Go to the MetaMask website (https://metamask.io/) and click on the "Get Chrome Extension" button to download and install the MetaMask browser extension for Google Chrome.
  2. Once the extension is installed, click on the MetaMask icon in your browser's toolbar to open the extension.
  3. Create a strong password and click "Create" to continue.
  4. Click on the "Create Wallet" button to start the process of creating a new wallet.
  5. MetaMask will then generate a seed phrase for your wallet. This seed phrase is a backup of your wallet and should be kept safe and secure. Write it down and store it in a safe place.
  6. Confirm the seed phrase by clicking on the words in the correct order.
  7. Your MetaMask wallet is now set up and ready to use. To access your wallet, click on the MetaMask icon in your browser's toolbar and enter your password.
  8. You can then add funds to your wallet by clicking on the "Buy" button or by sending funds from another wallet to your MetaMask wallet address.

NEWSLETTER SIGNUP

Join the Artfundi community to get our newsletters, blogs, sales tools and other resources to help your art business grow.

CREATE, SELL AND BUY ART NFT’S HERE

Join our Artfundi Marketplace today and discover the great new opportunities this NFT platform offers. Artfundi Marketplace is the perfect gateway to increase revenue, connect with new buyers, and view curated and anticipated NFT artworks. Growing your global reach has never been easier.

What is an NFT?

NFT stands for non-fungible token.

Non-fungible means the item is not interchangeable. An NFT is a unit of data stored in a digital ledger. Unlike Fungible tokens which are interchangeable, such as currency, one dollar can be exchanged for another dollar, each NFT is unique and has a distinct value with a certificate of authenticity and can therefore not be interchanged, as there is not another identical thing to interchange it with. This is why art and rare collectibles make perfect NFT’s.

NFT’s are created, sold, and bought via the blockchain. The creator becomes the owner of the original file and, consequently, of a set of authorizations regarding the use of this NFT. Most NFTs are registered on Ethereum's blockchain, a decentralized platform that supports the recording of unique information.

For more information on what makes a good art NFT, please click here.

Setting up and getting started!

Artfundi Marketplace offers artists and galleries an easy way to get into the NFT market - with very little fuss. Artfundi Marketplace is one of the few NFT marketplaces that support Artist and Gallery commission splits allowing for both independent and represented artists.

Here’s how to get started:

  1. Get a wallet:
    Artists, galleries, and collectors will need to set up a wallet. For more information please view our Step-by-step Guides on how to set up a Torus Wallet or MetaMask Wallet.

    Note: Artists and Galleries: The wallet account must belong to the artist, not the gallery, as the account will be registered as the creator of the work, and this sets up the artist as creator and begins the provenance. When the artist mints the work, the gallery commission may be specified as agreed per work. If there is no gallery involved then the artist leaves it at zero.

  2. Deposit:
    Before you can transact on your wallet, you will need to purchase some ETH, Coinbase, Gemini or Luno are good places to start. You will then need to transfer your ETH to your wallet. Once your wallet is installed and topped up you’re now ready to go.

  3. How to Buy:
    In order to buy NFT artworks from the Artfundi Marketplace you will still be required to set up a wallet with Ether in it. Once you have a wallet installed and running, navigate to the Browse tab and view the range of art NFT’s. You can filter by Artist, Gallery, Curator, Project or Search. When you find the work you wish to purchase, simply select the work and press the buy now button. Your wallet will prompt you with the transaction, you review, approve and then you’re done - you now own an NFT. Payment and delivery to your wallet takes place automatically.

    Note: Ownership of an NFT may or may not grant you copyright. In fact, usually copyright remains with the artist, as it does with physical works. On the Artfundi Marketplace, we’ve made it clear - artists will specify whether or not copyright will be transferred to the buyer when the NFT is sold, and it will be stated below the selling price on the artwork detail page.

  4. Creating/Minting your first artwork (Artists and Galleries):
    Minting a work is easy on Artfundi Marketplace, Once you have received confirmation from us that your application has been approved, you will have access to the ‘create’ tab. Click on the ‘create’ tab and drag and drop your artwork file (JPG, PNG, TIFF, GIF, or mp4 ) into the ‘create field’. It is recommended to use high-quality files, limited to 3GB, to avoid pixelation on large screens. Your NFT’s are then generated and stored on the IPFS (a decentralised multiple-server global storage network), and you receive the key. Once minted you can see your work on your Assets page, where you can set your selling price in ETH. You can sell your NFT’s on the Artfundi Marketplace, and/or embed your NFT's onto your own website or social media channels, have full promotion control, and sell from there with a link.

    Note: Changes you make on the blockchain (such as setting the selling price, or burning/deleting the work) will require you to process the transaction via your wallet, and will incur gas fees. Other edits (such as changing the description of your work) are done on Artfundi Marketplace only and will ask you to sign off the change, but will not incur any fees.

“Art NFT’s have to be ‘good’ on three levels - Creative, Authorship and Technical.” Read more about it by clicking here.
- Tamzin Lovell-Miller

Artists and Galleries

To apply to Artfundi Marketplace, simply fill in the application form below and we'll get back to you shortly confirming your place. You don't have to have NFT's ready at this stage, this is just a get-to-know-you process, it is not a commitment of any kind.


a. Artists click here.
b. Galleries click here.

Pricing:

Gas Fees

The gas fee is required to conduct a transaction on an NFT platform. Gas fees vary and depend on the time of day. These are charged by the Ethereum network and Artfundi Market cannot influence these, however, you will have full transparency and a quote before you commit to minting.

Commissions and Royalties

Primary Sale (first time sold from artist to the first buyer):

  • Seller pays the commission of 15% to the platform

  • 85% goes to the Artist

  • Artfundi also supports Artist and Gallery commission splits

Secondary Sale (resold from collector to subsequent buyer/s):

  • Seller pays the commission of 5% to the platform

  • Artist receives 10% as a Royalty.

Copyright

Copyright - on the Artfundi Marketplace platform at the point of minting, the artist will have the choice to retain copyright when the work is sold, or alternatively to transfer copyright to the buyer.

How to setup a Torus Wallet

  1. Go to the Torus website (https://tor.us/) and click on "Get Started."
  2. Click on "Connect with Google" or "Connect with GitHub" to link your account. This will allow you to use your existing Google or GitHub account to log into your Torus wallet.
  3. Once you've connected your account, you will be prompted to create a new wallet or import an existing one. If you're creating a new wallet, you will need to set a password and save your seed phrase. Make sure to keep this seed phrase in a safe place, as it is the only way to recover your wallet if you lose access to it.
  4. After your wallet is set up, you will be taken to the dashboard where you can see your balance, transaction history, and other information.
  5. To add funds to your wallet, click on the "Deposit" button, and you will be given a deposit address to send your funds to. You can also use this address to receive funds from other people.
  6. To make a transaction, click on the "Send" button and enter the recipient's address and the amount you want to send.
  7. Confirm and submit the transaction.

Please note, Torus is a non-custodial wallet, meaning that you maintain the control of your private keys and seed phrase, so it is extremely important to keep them safe and secure.

How to setup a MetaMask Wallet

  1. Go to the MetaMask website (https://metamask.io/) and click on the "Get Chrome Extension" button to download and install the MetaMask browser extension for Google Chrome.
  2. Once the extension is installed, click on the MetaMask icon in your browser's toolbar to open the extension.
  3. Create a strong password and click "Create" to continue.
  4. Click on the "Create Wallet" button to start the process of creating a new wallet.
  5. MetaMask will then generate a seed phrase for your wallet. This seed phrase is a backup of your wallet and should be kept safe and secure. Write it down and store it in a safe place.
  6. Confirm the seed phrase by clicking on the words in the correct order.
  7. Your MetaMask wallet is now set up and ready to use. To access your wallet, click on the MetaMask icon in your browser's toolbar and enter your password.
  8. You can then add funds to your wallet by clicking on the "Buy" button or by sending funds from another wallet to your MetaMask wallet address.

NEWSLETTER SIGNUP

Join the Artfundi community to get our newsletters, blogs, sales tools and other resources to help your art business grow.