The Complete Guide To Open Edition NFTs
Open Edition NFTs brought much needed energy into the NFT scene to revitalize the market in early 2023. In this guide, we’ll cover everything you need to know about Open Edition (OE) NFTs, from popular OE NFT Projects to how to launch your own Open Edition NFTs.
Table of Contents
What Is An Open Edition NFT?
First up, what is an Open Edition NFT? In simple terms, it is a piece of artwork with unlimited supply (until mint is closed). Normally NFT collections would have a fixed supply like 10k PFP for example however in the case of OE NFTs, the supply can go as high as 20k or even 100k, depending on how many mint.
Popular Open Edition NFTs
The Open Edition NFT collection that started the OE trend was Checks NFT by Jack Butcher. The total minted supply was about 13K. Since then, many popular Open Edition NFTs have emerged such as Opepen Edition (16k) and Killa Chronicles (49k).
Open Edition NFTs Utility
Open Edition NFTs are great because it allows a large audience to have access to a particular NFT collection. With more owners, the community will be stronger and therefore you can provide utilities that benefit large groups such as membership, gaming, exclusive content and more.
How To Make Open Edition NFTs?
The most popular no-code tool nowadays to make Open Edition NFTs is Manifold.xyz. Manifold has a simple Claim Page app which gives you no code-tools to create your Open Edition NFT minting page.
The steps of creating an Open Edition NFT using Manifold is fairly simple. Follow our guide below.
Step 1: Smart Contract Creation
The first step is to deploy a smart contract using Manifold’s easy no-code tools. You can decide whether you want to use the ERC-721 standard or the ERC-1155 standard. For large collections in the case of Open Editions, it is recommended to use ERC-1155. Once you have filled in all the details, it is recommended to Deploy your contract on the Goerli blockchain so you can test everything before going live on the Ethereum mainnet.
Step 2: Mint A Test Token On Goerli
In the tokens tab, select “Create” followed by “Edition” and upload your artwork for your NFT. Once you are satisfied you can do a test mint on the Goerli blockchain to make sure your contract is working properly. You can get free ETH on the Goerli Faucet for this deployment.
Step 3: Create Your Claim Page And Deploy On The Mainnet
The process is similar here. Back on the “Tokens” tab, select “Create” and then choose “Claim Page by Manifold” instead of “Edition”.
From here on, just fill in the details of your Claim page such as NFT artwork description, total supply, price, whitelisted addresses, mint period. Upload your artwork, and hit “Publish”. The artwork will be stored on Artweave before contract deployment. When you are ready with going live, deploy to the Mainnet and your claim page will be ready! Congratulations, you’ve just created your own Open Edition NFT minting page!
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