What do you need to sell your first work with us? Simple – write or call us and we will advise you and arrange everything.
Simply put – you need to have the following information ready:
- A work that you have the appropriate rights to (link to Let us talk legally) and you decide to sell it in a digital version.
- Sales agency agreement (draft provided by us)
- Bank account to which the agreed funds are to be transferred in the currency agreed in the contract.
- In the case of a request for payment in the virtual currency, the crypto wallet Metamask, which is a standard for SOPRG (do not worry – it’s easy, or we will advise you).
- An idea of how much you want to receive for your work.
- Here it is necessary to distinguish this amount from the price, as the price includes fees for digitizing the work, fees for sales channels, fees for transferring NFT to the wallet of the new owner (called “gas fee”) and SOPRG’s fee for arranging and organizing the sale. We will be happy to advise you on all these matters and together we will find a suitable price for your artwork.
- We need your cooperation in describing your work (name and short description of the work).
- We also need written confirmation from you about the authenticity of the work (affidavit, which we will prepare)
Everything else is in our hands 🙂
We also have a glossary of basic terms ready for you.
What is an NFT?
Simply put, there is an NFT (non-fungible token) digital element in a distributed digital ledger called a blockchain. NFTs (or “Nifty”) can be virtually anything that can be created in digital form, from images to music to text.
A distinctive basic feature of NFTs is the unaltered confirmation of their ownership, which is written to a blockchain (usually Etherea-based) that no one can steal or confuse for you without your carelessness.
After the purchase, you become the unique owner of the particular NFT and your name is written to the blockchain. Until you sell it to someone else, you are the sole, original owner with a digitized certificate.
What is a Blockchain?
Blockchain is a special type of distributed, decentralized database that stores an ever-growing number of records that are protected from unauthorized access. The most common application of blockchain technology is used like a ledger that stores all transactions of its users. Registered transactions cannot be deleted, they can be found here at any time and are therefore confirmed. This database is constantly expanded by further entries, which are combined into blocks, concatenated, from which the English name blockchain is derived.
What is Metamask
It is one of the most widely used crypto cards, which is characterized by ease of use, availability and usability, as it works as an add-on in most browsers. The cryptocurrencies and tokens (NFT) stored in it are very well secured against theft.
If higher values are stored in the wallet, it is recommended to store this word sequence outside the computer, e.g., in paper form in a safe or in special offline crypto wallets. (Link www.MetaMask.io)
What is a gas fee
In our case, that is, in the Ethereum blockchain, where all our operations take place, it refers to the cost necessary to perform a transaction on the network. – The price is variable over time, as Miners set the price of gas based on supply and demand.
Is it safe?
In our case, Blockchain uses a decentralized, distributed electronic (business) ledger based on a model that provides absolute security and trustworthiness. Transactions are recorded chronologically and publicly using cryptography, with each transaction timestamped and linked to the previous one. These digital “blocks” can only be updated with the consent of all participants. Capturing, editing or deletion of data is virtually impossible.
In practice, the theft of NFT or cryptocurrency from a wallet can only occur if the wallet owner is careless by publishing a unique sequence of words that used to be Seed Phrase and is now Secret Recovery Phrase. The thief can then perform arbitrary operations on the owner’s property in the owner’s name. Although these operations are recorded in the blockchain, the principle of anonymity of wallet owners makes it virtually impossible to find a thief.