🔮What is NFT minting?

“Minting” an NFT is the process of recording a digital item onto the blockchain. This establishes an immutable record of authenticity and ownership.

1. What is the purpose of minting coins?

You may have heard people ask: “Why can't I take a screenshot of an NFT?” Minting is part of the answer. When you create an NFT, it is stored on the blockchain, which establishes its authenticity and ownership. And because the blockchain record cannot be edited, minting is the beginning of that NFT's immutable history.

1. Mining for creators

As a creator, creating 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 verified on the blockchain. Ownership is indisputable and public, allowing creators to build special communities and perks for their NFT holders.

1. Mint for collectors

Minting NFTs isn't just for creators, however. NFT projects will often offer early access to their NFTs through a mint. When you mint an NFT from a project, you are the first owner of that NFT, as the minting of the NFT is the moment it is recorded on the blockchain. Typically, participating in a project's minting is like buying a pack of Pokémon cards: you don't know whether you'll get something rare or not.

1. How to mint money on OpenWorld_NFT?

Mining NFTs on OpenWorld_NFT is easy. On the Binance Blockchain, OpenWorld_NFT also offers “ lazy minting ”, a process through which you can avoid paying gas fees to mint your NFT. When you're lazy to mint coins, you can list your item for sale on OpenSea, but it's not actually recorded on the blockchain yet. When someone buys your NFT, the minting and sale are combined into one transaction, so the buyer pays all the gas fees!