Minting, in regards to NFTs, is the process of taking a digital asset and converting the digital file into a digital asset stored on the blockchain . Making it officially a commodity that can be bought and sold.
Read moreWhat is NFT white paper?
Non-fungible tokens (NFTs) are unique, and thus not interchangeable. A digital art piece that you created, an ownership certificate of a car, or a character in a game are examples of non-fungible assets—they are unique and not directly interchangeable.
Read moreWhat is Discord in NFT?
Initially aimed at gamers, Discord today finds itself as an application that aims as a chat option with communities and friends while having additional features . Basically, the application works similar to any other messaging platform by enabling text, voice, and video options.
Read moreWhat does it mean to be whitelisted in crypto?
In regards to withdrawal addresses, whitelist refers to a list of cryptocurrency addresses that users define as trustworthy . In that case, they would only be able to withdraw funds from their exchange account to the addresses that were previously whitelisted.
Read moreWhat does it mean when an NFT mints?
In simple terms, Minting an NFT refers to converting digital files into crypto collections or digital assets stored on the blockchain . The digital items or files will be stored in a decentralized database or distributed ledger and cannot be edited, modified, or deleted.
Read moreWhat is Mint NFT mean?
How to mint NFTs. NFT stands for “non-fungible token ,” a type of digital certificate built on a blockchain — usually Ethereum (CRYPTO:ETH) — that guarantees ownership of a unique digital asset. Minting digital assets (everything from art to music to articles) as NFTs is one way for artists to monetize their work.
Read moreWhat is the meaning of whitelisting?
A whitelist (or, less commonly, a passlist or allowlist) is a mechanism which explicitly allows some identified entities to access a particular privilege, service, mobility, or recognition i.e. it is a list of things allowed when everything is denied by default.
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