NFT Glossary Deep Dive: Mint

NFT Glossary Deep Dive: Mint

Ellen Britt for CNT #NFT

Minting an NFT is the process of actually publishing your NFT on the blockchain. Now that your NFT is published it can be sold.

But what does minting an NFT actually involve?

First of all, you need to have access to a crypto blockchain as well as an NFT marketplace.

Basically, and in the simplest of terms, it means creating a digital wallet that can securely store cryptocurrencies such as the wallets provided by Coinbase, MetaMask, or TrustWallet. Then, you can purchase some cryptocurrency to cover the actual cost of minting the NFT. 

Create A Compatible File

In creating your NFT, you have to create a digital file that is compatible with the marketplace you choose. This file (such as an MP3, JPEG, PNG, or GIF) must be able to be turned into an NFT and also must not be copyrighted.

Add The Data

You can add data, depending on the marketplace you choose, such as a name, a description, the price, and other “metadata” that buyers may find useful. 

The Final Step

Once your NFT file is created for the final step, you link your wallet to an online NFT marketplace like Mintified.Com where it will be listed for sale.

If this seems complicated, don’t worry! Because with the launch of Mintified, we’ve got all your bases covered.

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By Ellen Britt

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