How are these two concepts different? Minting an NFT means creating something completely new. You can mint from a digital online project or convert existing items such as art, memes, poems, or music into NFTs. On the contrary, buying an NFT requires an existing item that has been minted into an NFT .
Read moreDoes it cost money to mint an NFT?
Yes, it does cost money to mint an NFT . This does not refer to commissions that are paid to the marketplace you sell your NFT through. The money it costs to mint an NFT is due to network transaction fees which are necessary for sending all transactions on the blockchain.
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