FortuneAI

What is NFT Minting?

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BITSTAMP:BTCUSD   ביטקוין
NFTs, or non-fungible tokens, have emerged as one of the year's breakthroughs. NFTs have been making headlines recently in a variety of venues. Many inventors, artists, and corporate behemoths are eager to capitalize on this trend. Minting is one of the most critical phases in creating an NFT.

Minting an NFT means converting digital data into crypto collections or digital assets recorded on the blockchain. The digital products or files will be stored in a distributed ledger or decentralized database and cannot be edited, modified, or deleted.

The process of uploading a specific item to the blockchain is known as minting, and it is similar to how one mints a real coin.

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