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How to Mint NFTs

Published on
June 22, 2022
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How to Mint NFTs

You will be lost in any debate regarding Non-Fungible Tokens if you do not have one who has had a lot of exposure to the concept of blockchain technology (NFTs). As a result, this essay would begin with a brief overview of NFT concepts like MonsterArmy before thoroughly articulating the entire concept of minting NFTs.

What are NFTs? 

NFTs are non-fungible tokens. NFTs indicate ownership rights on assets such as digital artworks, in-game items, videos, and anything that can be digitally tokenized.

Hundreds of millions of dollars were traded in NFTs in 2021 alone. As more projects and personalities enter the industry in the months of 2022, the enthusiasm has grown dramatically. On the other hand, NFTs can be puzzling and challenging to understand.

How to Mint NFTs?

NFT minting refers to converting a digital file into a cryptocurrency collectible. NFTs are generated and distributed in the same way that metal coins are.

A blockchain-stored digital item or file can't be destroyed, updated, or amended. The process of uploading an object to the blockchain is known as "minting."

If an artist develops an NFT to sell, the first buyer is to "mints" the NFT to own it. Let’s give an instance; an NFT project may be minted for 0.1 ETH each. Buyers will be instructed to access it on the project website page, where they can purchase it. The NFT will be chosen and transferred to the buyer's wallet immediately the transaction has been completed.

You can also purchase these Non-Fungible Tokens directly from NFT exchanges such as OpenSea, Rarible, and SuperRare. NFT artists prefer to sell their work on these platforms for a wider reach.

How to Mint through NFT Marketplaces

When minting through NFT Marketplaces (OpenSea, Rarible, or SuperRare), follow the subsequent steps:

Download or choose one of the listed apps from your app store - Rarible, OpenSea, or SuperRare.

Download a Crypto wallet from the same app store, or install the extension on your Chrome browser. OpenSea supports Ethereum wallets, including MetaMask, Coinbase Wallet, and Fortmatic. 

Head to the OpenSea marketplace and connect your wallet.

Create your collections (Still on the OpenSea app).

After making it, you can start adding things to your NFT collection on OpenSea. Go to the collection page and click Add item (top-right) to begin adding items.

You may build your NFT collection after filling in all of these details by clicking Create.

You will need to fill in all of the details for your new NFT on the Create New Item page.

You will need to post it on the explore page for sale to complete this sale process. 

How to Mint through a project website

You can follow the subsequent steps for minting on a project website.

You can find new projects on most NFT-related forums.

Install MetaMask wallet - To mint and trade NFTs, you will need a cryptocurrency wallet, just like any other crypto asset. 

Create a MetaMask account if you have not already. After then, make sure you do not forget to duplicate your seed phrase.

Using cryptocurrency to fund your MetaMask wallet: An empty cryptocurrency wallet is worthless. As a result, before you can start minting NFTs, you will need to fund them with crypto.

You will need ETH to Mint the NFTs because most projects are built on the Ethereum network.

Connect your Ethereum crypto wallet to the project's website - After you have created and financed your Ethereum crypto wallet, you can link it to the project's website and begin minting NFTs.

Connect MetaMask by clicking the Connect MetaMask button. Click the Mint button after selecting the number of NFTs to Mint and confirm the transaction from your MetaMask wallet.