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Mint NFT: Understand the process of creating an NFT
The mint of an NFT corresponds to the official creation of an NFT on a blockchain . In other words, this is the step where a digital file becomes a unique and infalcable digital active ingredient blockchain , like ethereum or solana . This operation makes it possible to prove the property and authenticity of this NFT and opens the way to its exchange or its sale on specialized platforms Opensea or Rarrible .
Table of contents
What is the Mint of an NFT?
The term Mint literally means “hitting a coin”. In the NFT field , Mint corresponds to the process of creating an NFT on a blockchain . During the MINTING , the NFT is permanently recorded in a public and infalcyable register, guaranteeing its uniqueness and authenticity. This mint of an NFT also allows him to give him a digital property
Why mint an NFT?
- Transform a digital file (image, audio, video) into a NFT .
- Guarantee provenance and property thanks to the blockchain .
- Allow the sale and exchange of the NFT on platforms like Opensea or Rarrible .
- Monetize a digital creation in the NFT world .
How is NFT's Mint organized?
The MINT process of an NFT generally takes place in several key steps:
1. Choose the file to be transformed into NFT
It can be a work of digital art, a collection object, an audio or video file. This file will be the basis of the NFT you want to create.
2. Choose the blockchain concerned
The most popular blockchains ethereum , solana and polygon . The choice impacts Mint costs, transaction speed and compatibility with platforms .
3. Configure a crypto wallet
To secure your cryptos and NFTs during the MINT, it is strongly advised to use an offline Wallet , also called cold wallet . These physical portfolios are not connected to the Internet, which makes them much less vulnerable to online attacks and hacking attempts. This reinforced security guarantees you total control over your private keys and protects your digital assets on the blockchain.
Among the most reliable solutions, Ledger and Trezor are references in the field of material portfolios.
Ledger is distinguished by its Element chip, advanced safety technology that protects your private keys even in the case of compromise from your computer. Ledger is compatible with a very wide range of blockchains, which facilitates the management of your NFT and cryptocurrencies on different networks .
Trezor , on the other hand, is focusing on transparency thanks to its open source software, auditable by the community. It offers excellent protection of privately offline keys, protected by a PIN code and a recovery sentence. Recent models also incorporate an element secure, combining hardware security and software opening, which particularly appeals to technical users who want to keep a complete control over their digital assets .
To deepen your choice, we invite you to consult our dedicated articles: " What Ledger Choose " to discover the differences between the Ledger , as well as our "comparison between Ledger and Trezor models " which details their respective advantages. These resources will help you select the most suitable crypto portfolio to secure your keys during the MINT of your NFT.
4. Use an NFT platform for Mint
Platforms like Opensea or Rarible offer an interface to attach an NFT easily . They allow you to enter the metadata of the NFT , to choose the blockchain, and to launch the MINTING transaction.
5. Finalize the MINTING
The Mint is validated by the blockchain via a transaction which definitively inscribes the NFT in the register. The attachment then receives the NFT in its wallet .
NFT MINTING technical process
The MINTING of an NFT involves several technical communications between the Wallet Crypto , the platform and the blockchain :
The role of the smart contract
The mint of an NFT is based on a smart contract (or intelligent contract ) deployed on the blockchain , which orchestrates the entire technical process. This contract contains the rules as well as the metadata of the NFT .
Introduction of the transaction by the Minter : the potential owner of the NFT (called the MINTER ) uses his Wallet Crypto to send a transaction to the smart contract . This transaction is signed digitally, ensuring that the demand comes from the portfolio .
Generation of a unique identifier: The smart contract creates a unique identifier (an ID token ) which differentiates this NFT from all the others on the blockchain . This identifier is essential because it guarantees the uniqueness of the NFT on the network.
Recording of metadata: the smart contract associates with token ID the metadata of the NFT , that is to say information such as the digital file (image, video, audio), the name, description, and specific properties (color, rarity, attributes). These metadata can be stored directly on the blockchain or via decentralized solutions as IPFS to lighten the load.
Assignment of the property: The smart contract writes the owner of the NFT by linking the unique identifier to the Wallet of the Minter . This step gives the attachment the full property of this NFT , which becomes a unique and traceable digital active
Immutable registration in the blockchain : once the transaction has been validated by the network (via minors or validators), all this information is permanently and infalculable in the blockchain . This immutability guarantees the transparency, safety and traceability of the NFT .
This process also involves payment of gas costs , which remunerate validators for the treatment and registration of the transaction on blockchain , especially on networks like E Thereum . Depending on the congestion of the network, these costs can vary and influence the total cost of the MINTING .
In summary, the MINTING transforms a simple digital file into a NFT , secured by Blockchain technology , and whose property is clearly established and verifiable. This mechanism is the base which then allows you to sell, transfer or exchange the NFT to platforms like Opensea or Rarrible .
Communications between Wallet and Blockchain
For Mint an NFT , the Wallet Crypto of the Minter must sign the transaction which will be sent to the Blockchain Network Ethereum , Solana or other. This digital signature guarantees that the request comes from the owner of the portfolio.
The blockchain then validates the transaction thanks to a network of nodes. This validation consumes computing power, which generates gas costs .
Impact of gas costs on the user
Gas fees are paid costs in cryptocurrency (like ethereum ) to remunerate minors who validate transactions . These costs may vary sharply depending on the congestion of the network. For example, the average cost for Mint An NFT on ethereum can reach a hundred dollars during activity peaks.
These fees directly impact the attachment , which must have enough funds in its wallet to pay this expense. Some creators choose alternative blockchains like solana or polygon to reduce these costs.
The different types of Mint and their implications
Mint direct via smart contract
The MINTING is to interact directly with a smart contract that creates the NFT on the blockchain . This process guarantees that each NFT is unique and immediately registered on the blockchain.
Mint without gas (Lazy Mint)
Certain platforms like Opensea offer a Mint without initial costs, called Lazy Mint . Here, the NFT is not directly written on the blockchain at the time of creation. It is only recorded when the buyer performs the first purchase transaction, which saves gas costs for the creator.
Free Mint (Free Mint)
The Free Mint designates an operation where the attachment does not pay costs to create an NFT . This can be a marketing strategy to attract users, but gas costs are often covered by the creator or the platform.
Mint NFT actors and their roles
- NFT creators : artists, developers or collectors who wish to create an NFT or Mint your NFT to sell or keep it.
- Mints : users who make the MINTING to obtain an NFT , either by creating or by buying during a drop (launch of a collection).
- Platforms : NFT platforms like Opensea or Rarible which facilitate the Mint , the sale and the exchange of NFT .
- Blockchain : Decentralized network that records and secures all the data related to the Mint and the property of the NFT .
- Minors / Validators : actors who validate Mint transactions gas costs .
Mint NFT on the most popular platforms
Platforms like Opensea and Rarible are among the most popular to attach your NFT . They offer simple interfaces to create an NFT without in -depth technical knowledge:
| Platform | Blockchain supported | Mint fees | Particularities |
|---|---|---|---|
| OPENSEA | Ethereum, Polygon | Mint without possible gas (Lazy Mint) | Large community, easy to use |
| Rarible | Ethereum, Flow, Tezos | Classic gas fees | Decentralized governance with Rari token |
These platforms allow you to mint your NFT in a few clicks, choose the blockchain and manage Mint costs . They also offer options to personalize the different properties of the NFT (title, description, attributes).
How to create your own NFT and Mint on a platform
Here are the practical steps to create an NFT and Mint on a platform like Opensea :
- Connect your Crypto Wallet (ex: Metamask ) to the platform.
- Choose the digital file to be transformed into NFT (picture, video, audio).
- Enter the metadata: name, description, number of copies (supply).
- Select the blockchain (ex: ethereum or polygon ).
- Launch the Mint process by signing the transaction in your wallet .
- Pay the gas fees if necessary.
- Receive the NFT in your wallet once the mint is validated.
For more details with screenshot, we invite you to read our article dedicated to creating an NFT .
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Mint NFT: what this implies for the user
The NFT Mint implies several consequences for the user:
- Financial cost : gas costs can make the Mint costly, especially in ethereum .
- Digital property : The user becomes the owner of a unique NFT on the blockchain .
- Authenticity guaranteed : the blockchain ensures that the NFT is unfarable.
- Possibility of resale : the NFT can be sold or exchanged on platforms .
- Technical management : requires mastering a crypto wallet and understanding transactions .
Conclusion
The mint of an NFT is at the heart of the process of creating an NFT on a blockchain . The term NFT means transformation of a digital file into a token thanks to Blockchain technology . Understanding what the Mint is and how it works is essential for any beginner wishing to enter the universe of NFT .
By choosing the right blockchain , the platform and by mastering the technical aspects of MINTING , it is possible to create your own NFT and actively participate in the NFT art and collectibles . An NFT thus has a single value which allows it to stand out on the NFT on the market .
Platforms like Opensea and Rarible greatly facilitate this Mint process , by offering solutions accessible to all, from the novice to the confirmed creator, so that each user can easily Mint and manage their NFT .
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Noah
Training engineer, I quickly became interested in the field of finance. Convinced that decentralized finance has a bright future ahead of it, I participate in its democratization by developing Crypternon.
