What does it really mean to mint NFT? Minting NFT refers to the process of turning a digital file into a crypto collectible or digital asset on blockchain network.
This means that your digital artwork becomes a part of the blockchain network.
During the minting process, the creator of the NFT can apply comission percentage from every consequent sale, which will be a commission he can receive whenever his digital artwork is sold to another person, or is traded on the ft market.
The digital artwork is stored in this decentralized database and it is impossible to edit, modify, or even delete it.
Some of the free NFT minting platforms includes the Rarible’s Lazy Minting Function and the mintable.app platform.
SHOULD YOU CREATE AN NFT?
The best thing about NFTs is that there are benefits of creating the NFT version of your real-world content or item.
Furthermore, Minting an NFT gives you more control over your intellectual property and offers unregulated access to a global network of art and other digital item collectors.
Think of NFT as a much required and needed gateway to a democratized market for owning, selling and buying rare and unique digital assets.
If you have any question or comments, do not hesitate to ask us.
Quote: The moon looks upon many night flowers; the night flowers see but one moon. – Jean Ingelow