What is the purpose of minting?

Minting an NFT refers to the process of writing a digital item to the blockchain. This establishes its immutable record of authenticity and ownership. This process usually involves things like assigning metadata to the NFT, which can include information about the creator, a description of the content, and other relevant details. Minting establishes ownership and provenance of the digital item on the blockchain, ensuring its uniqueness and authenticity.

Both creators and collectors can mint NFTs. For both creators and collectors, minting NFTs establishes verified ownership and ownership history. For creators, minting their own NFTs gives them ownership and control of their own work, and allows them to build special communities and perks for those who hold their NFTs. When either the creator or a collector mints an NFT from a project, they become the first-ever owner of that NFT, since the NFT is written onto the blockchain during the mint.

What were web 1.0 and web 2.0?

You may have heard people ask, “Why can't I just screenshot an NFT?” Minting is part of the answer. When you mint an NFT, it becomes stored on the blockchain, where its authenticity and ownership is established. And because the blockchain record can't be edited, minting is the start of that NFT's immutable history.

Minting for creators

As a creator, minting your work allows you to establish provable scarcity and verified ownership. For the first time, creators can publish limited edition digital works, whose authenticity is validated on the blockchain. Ownership is undisputed and public, allowing creators to build special communities and perks for those who hold their NFTs.

Minting for collectors

Minting NFTs isn't just for creators, however. NFT projects will often offer early access to their NFTs via a mint. When you mint an NFT from a project, you're the first ever owner of that NFT, since the mint is when it's written to the blockchain. Oftentimes, participating in a project's mint is like buying a pack of Pokémon cards: you don't know if you'll end up with something rare.

How to mint on Novartify

Recently, Novartifyntroduced a user-friendly feature called lazy minting, providing creators with a straightforward and cost-effective way to mint NFTs. With lazy minting, creators can effortlessly showcase their artwork without incurring any upfront expenses. The beauty of this new approach is that collectors only bear the responsibility of covering gas fees when purchasing the NFTs, making it a hassle-free experience for both creators and collectors.

At Novartify, we're passionate about empowering creators to explore the world of NFTs without financial barriers. Lazy minting not only simplifies the minting process but also offers an accessible avenue for creators to experiment with their craft.

To mint your own NFTs on Novartify, you'll need to do the following:

1. Set up a crypto wallet

In order to do anything on the blockchain, you'll need a crypto wallet. In simple terms, a crypto wallet helps you buy, sell, and store your cryptocurrency and (in many cases) your NFTs. Going a level deeper, a crypto wallet manages access to your private key, which is needed to control a blockchain wallet address. Your cryptocurrency and NFTs are not stored in/on a crypto wallet; they remain on the blockchain and can be accessed, controlled, and managed on Novartify.

2. Upload your work

Once you've set up your wallet and selected a collection, you're ready to start minting your NFTs!

Contact our support team for more details on creating NFTs.

I minted my NFT! Now what?

Congratulations! You're officially an NFT creator!

You don't have to do anything after minting your NFT— you could just wait to see if someone discovers it through marketplace exploration. But if you want to keep the momentum going, here are some places to start:

Market your project

When marketing your project, it's essential to understand your audience and what value you are providing them. Is it the art itself, exclusive benefits, the community, or something else? Make sure it's clear what people will get by buying your NFT.

For social marketing, Twitter, Instagram, and Reddit are great places to start sharing your work. Make sure to use relevant hashtags and engage with other people in the space. Be authentic, and welcome feedback from others. Good luck!