How to design NFT creation process: Metastaq experience

A 3D rendering of an abstract element resembling some Web3 things
Summary

Despite the ever-growing blockchain popularity, numerous Web3 apps are getting idle and eventually dying. To be precise, only 8% of blockchain products stay afloat. But why?

Most Web3 platforms have inconvenient interfaces and difficult-to-understand functionality, which might be troublesome even for tech-savvy users. But the blockchain audience is growing, covering more and more newcomers, and Web3 products have to meet their expectations too. They should be user-centric, introducing newbies to the world of crypto and smart contracts and simplifying such bewildering processes as NFT minting, minting NFTs, and everything in between.

In this article, we’ll show you how to design a smooth NFT creation process, from minting NFTs to handling gas fees and beyond. We will also discuss the importance of UX research, user flow, and why it's essential for NFT creators and digital artists to simplify the NFT minting process.

Key takeaways

  • NFT minting should be user-friendly and intuitive, with easy onboarding and clear instructions.
  • Choose the right blockchain network (like Ethereum or Solana) to optimize transaction speed and fees.
  • A user-centric design for NFT marketplaces can attract more NFT creators and collectors.
  • NFT creators should prioritize security with Metamask wallet integration and other blockchain protections.
  • Ensure platforms offer flexibility, such as payment options in cryptocurrency and dollars.
An image displaying a collection of NFTs arranged in a random sequence

Covering the basics: Web3, NFT

Before we set off on our Web3 journey, let’s first figure out what it is. We certainly don’t have time to explore this rabbit hole in detail, but it’s good to know the basics.

Unlike its predecessor Web2, Web3 platforms aren’t facilitated by centralized organizations. Instead, they are decentralized, keeping users’ data anonymous and entirely relying on blockchain technology, enabling platforms to be hosted across many independently owned servers. That prevents one company or entity from fully controlling the network.

NFT is a unique virtual (like meme, song, artwork) or real (car, apartment) object whose ownership is proved via blockchain. These tokens are mostly part of the Ethereum network that keeps track of who owns and trades them.

As the name implies, non-fungible tokens can’t be replaced with something else. You can’t trade a one-of-a-kind 3D artwork for the same image but only for another one looking differently.

This short explanation might hint at why designing the NFT minting platform is no easy feat. It’s really challenging to translate the complex blockchain mechanism into a user-friendly environment for all kinds of users, NFT creators and total rookies. So, we’re moving to the next section revealing the importance of UX research for Web3 platforms and why it is crucial to succeed in the NFT space.

How to create a smooth user experience

When Web3 products popped up years ago, companies used to gloss over the user experience, skip the UX research, and somehow complete UI/UX design. Because those services mainly targeted techie users and focused on low fees, unique features, and better proposals.

But those times are gone. The Web3 consumer profile has widened, shifting from blockchain geeks to separate individuals and brands that are strangers to NFTs, DeFi, crypto wallets, and DAOs.

NFT creators and digital artists rely on platforms that enable them to easily create, mint an NFT, and sell their digital content in a smooth, accessible way. With this understanding, blockchain companies need to focus on simplifying the NFT creation and minting process, enabling users to mint NFTs effortlessly.

An illustrative diagram depicting the sequential steps involved in conducting UX research

Full-cycle UX research: a crucial part of product development

After pointing out the importance of intuitive user experience for Web3 products, let's explore how to achieve this with NFT minting processes by analyzing the Lazarev.agency real-life case – Metastaq.

Metastaq is an end-to-end platform designed to help users mint NFTs, manage digital assets, and distribute them with ease. From the first NFT to creating an entire NFT collection, Metastaq is intuitive and easy to use, catering to both new NFT creators and advanced users.

But it wasn’t always like this. Metastaq's creators approached us to turn their idea into an MVP. By focusing on UX research, blockchain network analysis, and NFT minting technologies, we were able to help them create a user-friendly platform for their digital collectibles.

Let's see how we managed the UX research, the first and foremost stage of every product creation process. Preliminary analysis and synthesis. We started UX research by interviewing stakeholders to agree on product vision and expectations. The client gave us a hint that businesses can't effectively develop digital assets and experiences. Heck yeah! NFT creation is challenging, especially when there is a lack of understanding of how the industry and the crypto market work.

We analyzed the existing information and gathered new data to determine customers' motivations and pain points. And here is the conclusion — many brands require a solution to replace engineers, designers, and companies that build and integrate NFT stores into their websites. They also need convenient tools to analyze token sales and as much automation as possible.

The preliminary analysis helped us set the project in the right direction and lay the robust foundation for future processes. So then we moved on to our next step.

An intricate 3D rendering of the Ethereum logo

Minting technologies research

The beauty of UX research is its consistency, but you can always adjust it to your product’s needs. For Metastaq, we had to conduct additional technical analysis to define optimal minting technologies and recommend the most suitable blockchain networks for the platform.

We looked closely at Ethereum, Solana, Polygon, Avalanche, and Polkadot. After an in-depth examination, we settled on Ethereum and Solana. The former is the 2nd most decentralized cryptocurrency and has a high level of interoperability that allows connecting the app to hundreds of existing protocols in a snap. While the latter is easier to program, so it can deploy apps faster. Besides, it doesn’t have a mempool problem when a processed transaction waits before the blockchain accepts it.

Market research & competitor analysis

The next UX research phase involves market analysis to understand the product’s potential in this day and age. First, we explored the blockchain market’s peculiarities, limitations, and other product-related aspects. Then we employed PEST analysis to evaluate political, economic, social, and technological factors that potentially can boost or affect Metastaq.

After thorough analysis, we concluded that marketing opportunities in the metaverse are one of the top trends for promoting brands. Companies can boost their social following, build customer loyalty, showcase their products and services in the virtual world and launch new exclusive drops. Brands can even use tokens to create their own economies and interact with fans on their terms.

Sure, we glanced at the main minting flows of the most popular NFT platforms and niche tools. Many of them fail to have intuitive creator panels hindering the NFT creation process. Some platforms make it difficult for users to empower their tokens with additional value, such as keys, gift certificates, or extra content.

Among the biggest flaws was hectic smart contract creation, so we made it hidden and automated for Metastaq. We also realized that lazy minting is a crucial functionality to add to the platform so that users can pay for gas at the point of sale. Besides, we enabled payments not only in cryptocurrency but also in dollars.

After learning the competitor landscape, we got concepts and product ideas ready to be tested. But most importantly, we confirmed our thesis found during the preliminary analysis. It’s really challenging for brands to enhance their marketing strategies by using NFTs. So our goal was to simplify the processes and add maximum automation to the platform.

Three user personas: an admin a team member, and a finance manager, illustrating different roles within the Web3 platform

User data collection

After the market research, we investigated our target audience to better understand people’s main barriers when working with NFTs and their product expectations. To collect the required data, we conducted quantitative and qualitative studies, including in-depth interviews, surveys, field studies, experiments, and observations. The research helped us make a list of features necessary for teams to work comfortably on NFT creation and distribution.

We got three user personas (admin, teammate, and finance manager) and worked through their frustrations. For instance, the admin fears they can’t analyze the NFT sales hectic-free. So we incorporated a convenient tool to do that right on the platform to address this pain point.

Another frustration comes down to this: they won’t have enough skills and experience to implement the NFT marketplace. To deal with this problem, we enabled users to create, mint, and distribute non-fungible tokens without a single code line. Stores can be created with drop-and-drop builders, and the ready-made marketplaces can be edited and styled according to the brand’s visual identity. Besides, the NFT store can be integrated into the company website using API.

Speaking of teammates, they’re afraid of staying one-on-one with the platform. We addressed that fear by providing free consultations with Metastaq managers, service, and technical support at any time. In addition, we assigned appropriate functionality for every role not to overload users with unnecessary functions.

Apart from analyzing the user personas, we constructed the customer journey map starting from awareness and finishing with selling NFT. Based on that data, the Lazarev.agency designers created value propositions and hypotheses to develop a platform that conveys powerful blockchain principles, including decentralization, transparency, and uncensorability.

User flow as an extremely valuable UX design tool

Fully relying on data gathered during the UX research, we moved to the next stage, which is user flow — an essential step to ensure a smooth NFT creation process. By laying out the way customers move through the platform from the entry point to the final interaction, the user flow provides an aerial view of the product. Besides, it gives a great area for project improvement. For example, you can see alternative ways of solving users' problems or understand how to make them less complicated. It is also crucial for comprehending the product structure and further work monitoring.

At Lazarev.agency, we strongly believe that the user flow phase cannot be skipped by no means, especially for such complex products as Metastaq. It has innovative functionality that performs very specific tasks, so it's impossible to understand precisely how the project will work until you start iterating the flow.

Before creating a user flow for Metastaq, in particular for NFT creation and minting processes, we analyzed the flows of other similar Web3 products. We spotted certain errors, understood some technical frameworks, and started developing our flow, firstly identifying the crucial steps, then detailing them and improving. And we surely kept our users in mind throughout the process — both NFT-enthusiasts and newbies.

So, let's see what fundamentally important steps the NFT creation process at the Metastaq platform takes.

The user journey begins by introducing customers to the platform's functionality. Thus, the detailed and well-thought-out onboarding eliminates many problems associated with poor blockchain knowledge. Next, the user, if they're an admin, adds teammates and specifies the wallet details required for the minting process.

Screenshot of the product dashboard displaying the PowerUp panel

The NFT creation begins once a user uploads a separate art or creates a whole collection at once. Each art piece can be powered up with a key property, unlockable content, gift certificate, discount, or reward coupon. The next step will be to write the artwork title, description, and other vital details and add properties, if any.

Actually, that's it. NFT is ready, although it isn't minted yet. After that, the user can save the token as a draft to be able to edit, delete or mint it later on. If a teammate creates the NFT, they can submit it to the admin or go directly to the minting or release steps.

Product dashboard screenshot displaying the paying process for smart contract and NFT

Let's see how minting is happening. As we mentioned earlier, the creation of smart contracts at Metastaq is automated and happens precisely at this stage. But for tech-savvy users, additional technical settings are available where they can create a new smart contract and deploy it to the network.

Users can specify the NFT value and add a crypto wallet at this stage if they missed this step during onboarding. Next, they proceed to the checkout and pay for the smart contract and NFT in crypto or dollars. After that, NFT is automatically saved to Collection NFTs with deployed status. In the future, it can only be released or burned.

Product dashboard screenshot displaying the minting process

After the NFT creation process, users can go another way and release the token or the whole collection. Firstly, a user chooses the NFT distribution method. They can create a dedicated webpage, get an API key and publish tokens on the website, in the app, or wherever. There are two more ways available — releasing NFT on the marketplace or generating a dynamic QR that leads to the page where NFT can be bought.

 Product dashboard screenshot displaying the minting process and cryptocurrency wallets

Then, a user follows the instruction according to the distribution method. For example, if you're creating a dedicated webpage, you connect the wallet to receive income from sales and choose a ready-made store template. At this stage, we made sure that users can easily create any store with the help of a drop-and-drop builder.

The last step is minting, which is the same as we've described above. Since Metastaq is a B2B product, it was essential to ensure a convenient collaboration between those who create NFTs and those who approve each stage of development. That's why we moved the minting process to the last step so that everybody involved could make corrections to the project.

Wrapping up

In conclusion, to thrive in the NFT market, platforms must offer a user-friendly minting process and low fees for creators and collectors alike. By simplifying processes like NFT creation, minting NFTs, and managing NFT metadata, and by automating complex aspects like smart contracts and gas fees, companies can make their platform accessible to both digital artists and total beginners.

NFT creators and digital artists need intuitive tools to easily mint NFTs, track sales, and protect their creations in the digital world. Simplifying the NFT minting process is key to enabling new users to confidently enter the NFT space.

This is the story of Metastaq. Let’s discuss the story of your product.

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FAQ

/00-1

What is the NFT minting process and how does it work?

The NFT minting process involves turning a digital file (such as artwork or music) into a non-fungible token (NFT) using blockchain technology. During the minting process, a unique digital asset is created, known as a unique token. This process registers your digital content on a blockchain network, proving ownership and authenticity. The minted NFT can be listed on an NFT marketplace for sale, allowing NFT creators to own NFTs and monetize their digital creations.

/00-2

How can I mint NFTs and sell them on an NFT marketplace?

To mint NFTs, start by selecting a platform that supports NFT creation. Upload your digital artwork, add metadata, and follow the minting process. Once minted, your digital assets can be listed on popular NFT marketplaces like OpenSea, Rarible, or Binance Smart Chain platforms. You can then set a price in cryptocurrency or dollars. Be mindful of gas fees, service fees, and upfront costs that may apply during the minting and selling process.

/00-3

What are gas fees, and how do they affect the NFT minting process?

Gas fees are the transaction fees required to process your NFT minting on the blockchain network. These fees can vary based on the blockchain network and network congestion. The higher the congestion, the higher the gas fees. Some platforms offer lazy minting, which allows you to mint NFTs without paying gas fees upfront, with the fees being paid when the NFT is sold. This can help creators manage upfront costs.

/00-4

How do I lower transaction fees when minting an NFT?

To reduce transaction fees during the NFT minting process, consider using blockchain networks with lower transaction fees, such as Binance Smart Chain or Polygon. Lazy minting can also help lower upfront costs by deferring gas fees until the NFT is sold. Choosing platforms with lower service fees and avoiding times of network congestion can also reduce the overall cost of minting your digital asset.

/00-5

What is the difference between minting an NFT and owning an NFT?

Minting an NFT is the process of creating a unique digital asset from a digital file, while owning an NFT means that you hold the ownership of that digital collectible on a blockchain network. Once you mint NFTs, you can keep them in your wallet and monetize them by listing them on an NFT marketplace or selling them to collectors. Ownership is secured by the blockchain, ensuring your digital creations are protected.

/00-6

What are the technical aspects involved in the NFT minting process?

The technical aspects of NFT minting involve creating smart contracts on a blockchain network like Ethereum blockchain. The contract defines the NFT's ownership, metadata, and specific details about the digital item. NFT creators need to ensure that their NFT collection is properly set up with the correct metadata, like title, description, and properties, to make it distinct and tradable. Additionally, the security of the NFT is ensured by blockchain’s decentralized nature.

/00-7

What fees are associated with minting and selling NFTs?

When minting NFTs, you'll typically incur gas fees for the transaction to be recorded on the blockchain. In addition, service fees are often charged by NFT marketplaces like OpenSea, which can vary based on the platform. When selling NFTs, you might also face fees related to listing and transactions. Platforms like OpenSea typically charge a commission, but low fees and lower transaction fees are available on certain blockchain networks like Binance Smart Chain.

/00-8

How can I protect my digital artwork and NFTs?

To protect your digital art and NFTs, ensure you are minting NFTs on a secure blockchain network. Using wallets like Metamask ensures that your NFT collection is safely stored. Additionally, registering the NFT metadata on the blockchain guarantees that ownership and authenticity of your digital creations are properly tracked and secured. Avoid uploading digital content to platforms that lack security features and always verify the platform's smart contracts.

/00-9

How do I monetize my digital creations and NFTs?

To monetize your digital content, start by minting NFTs and listing them on an NFT marketplace. You can sell your digital assets directly or set up an NFT collection. You can also create limited-edition digital collectibles to attract collectors. By selling NFTs in platforms like Opensea or Rarible, you can mint NFTs and set a price in cryptocurrency or dollars. Additionally, you can earn royalties from future sales depending on the terms you set in your smart contracts.

/00-10

What should I consider before starting an NFT project?

Before starting an NFT project, it's essential to understand the NFT minting process and blockchain technology. Choose a suitable blockchain network that offers low fees and a smooth minting process. Conduct thorough research on popular NFT marketplaces where your NFT collection will be listed. Consider how you want to price your digital assets and whether you will implement lazy minting or other strategies to lower upfront costs. Also, make sure to secure your NFTs with a trusted wallet like Metamask and protect your digital art from unauthorized copying or theft.

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