Minting — creating first NFT

All NFTs passionate should know the term minting, it is the crucial definition mentioned in web3 projects.

According to all roadmaps of NFTs launches, plans for different decentralized projects would be completely not understandable to the audience who can not define, what minting is.

Agenda:

• intro,
• definition,
• what is an NFT?
• how to mint an NFT?
• Minting as no code person.
• Minting as web3 dev.
• Conclusion.

Definition

Minting is the process of converting digital assets into unique tokens, stored on blockchain.

In a very simple explanation, it is the creation of NFTs.

What is an NFT?

NFT is a non-fungible token, which is recorded on blockchain, using smart contracts. There are different kind of NFTs which can be found there:

About smart contracts, the very basic informations are included in this material:

How to mint an NFT?

Let’s go through two different ways of minting tokens. The first one is the simplest, do not requires coding skills:

1. Choose the platform you want to use for minting: OpenSea, rarible, etc.
2. Create crypto wallet and transfer funds, needed for fees.
3. Connect wallet with platform.
4. Fill the form of NFT creation.
5. Run minting process and see the result.

Web3 developer path:

1. Prepare crypto wallet with available funds to cover fees.
2. Minting process requires the preparation of smart contract, which will be deployed on chosen network. It is recommended to choose blockchain, analyze what fees are implemented and how secure it can be.
3. Once blockchain is chosen, web3 developer should write smart contract, which will interact with blockchain and deploy data to the decentralized ledger. Use chosen toolkit to test smart contract before deployment- remember, blockchain is immutable!
4. If smart contract is completed, it is crucial to chose files which will be included in NFT and think how to host it, especially in decentralized way. For example, using IPFS.

More about IPFS is attached here:

6. Deploy smart contract.

7. Create simple frontend application which will interact with smart contracts, via for example web3.js or ethers.js.

More about that, here:

8. Mint tokens.

9. Check status on blockchain explorer.

10. Transfer NFTs to wallet, for example in MetaMask.

Conclusion

Minting is the basic process for every web3 passionate or developer. Getting acquainted with this process, or even making very basic contract and UI for that can boost knowledge about the most innovative technology since the Internet.

Do not hesitate, jump into it and enjoy the process!