Mint nft token

How to Mint NFTs on OpenSea?

1. Setup and connect a crypto wallet to OpenSea

First, you’ll need to create an account on OpenSea. This can be achieved by clicking the “Create” button on the homepage and connecting to the crypto wallet of your choice.

2. Choose the Type of NFT You Want to Mint

Once you’ve logged in, you’ll be taken to the “My Collections” page. Here, you can choose the type of NFT you want to mint. 

3. Enter the Required Information

Now, you’ll need to upload some basic information about your NFT. This includes the name, description, and image of your token. You can also add social links.

4. Mint Your NFT 

Once you’ve uploaded all the requested information, you can click the “Mint” button to mint your NFT. That’s it! Your NFT is now minted and ready to be traded on OpenSea.

Minting your own NFTs is a great way to create unique digital assets that can be used for various purposes. Whether you want to use them as collectibles, gaming items, or even just as a way to show off your crypto-savvy, minting your own NFTs is a fun and easy way to do it. 

Connect and build community

When you’re ready to sell your NFTs, expect your community to be your number-one marketing resource. It sounds a little cliche, but you don’t need to spend a lot of money on sophisticated marketing tactics to create a successful project.

“Regardless of how low or high the market is, the community is so enthusiastic and constantly tagging our project in different things constantly talking about it,” said Maliha Abidi, whose Women Rise NFT collection launched in November 2021 and sold out in 50 days, generating 2,000 ETH of trading volume in the process.

“We have not put in even $1 in marketing so far, but we were literally just featured in Vanity Fair yesterday and today in Rolling Stone,” Abidi told CoinDesk on Jan. 19.

Как минтить NFT?

Проект всегда заранее объявляет дату минта. В назначенный час вы просто переходите на сайт проекта. Всегда переходите по ссылкам только через официальные соцсети проекта NFT коллекции! Это очень важно, так как мошенники любят размещать фишинговые ссылки. Особенно сильно они любят писать в ЛС в Discord. Запомните: ни один уважающий себя проект никогда не напишет вам в личку.

Скорее всего, на сайте информацию о продаже NFT долго искать не придется. В преддверии минта проекты размещают ее на главной странице, чтобы каждый входящий мог увидеть ее мгновенно при попадании на сайт.

Далее необходимо подключить кошелек. После этого останется только указать сумму и количество NFT. Кошелек покажет сумму, которую нужно будет оплатить за газ.

How non-fungible tokens work

NFTs are a new way to prove ownership of an asset digitally, and therefore, the idea is still developing and improving as more applications are discovered. In the next section, we will highlight some of the popular applications of NFTs so far.

Watch the video:How Non-Fungible Tokens Work

Other less popular smart contract platforms that support NFT creation are EOS, Tron, NEO, and Binance Smart Chain.

It’s worth remembering that NFTs are separate from the digital assets that they represent. They are valuable because they store information about the digital asset in an authentic and easily provable way. Similar to how a car or property title is not the property itself. The metadata that NFTs hold include the description of the asset, the price, the creation and ownership, implementation features such as royalties, and often links to the location of the asset they represent.

Once an NFT has been minted (created), the owner can proceed to sell it on a marketplace such as OpenSea, Rarible, Nifty Gateway, among others. It can also be exchanged peer-to-peer without using a marketplace.

The copy and paste problem

A common criticism of non-fungible tokens is that they do not solve the digital duplication problem. An image on the internet can be copied and downloaded unlimited times by anyone, and NFTs cannot stop or help stop this.

It’s worth noting that NFTs are not designed to curtail digital duplication and theft. Instead, they are an ownership attribution solution. Even though they cannot stop replication, they can help identify the original copy and its owner.

In any case, NFT proponents argue that the more a digital file is duplicated and downloaded, the more popular and valuable the original copy becomes.

Best Place to Mint NFT

Here are some of the most popular NFT platforms to mint NFTs:

1. OpenSea

OpenSea is the most popular NFT platform for artists because of its established history and trading volume. OpenSea’s streamlined approach making it easy for artists to sell their NFTs. Although OpenSea doesn’t charge buyers any fees, sellers will have to pay a 2.5% fee per sale. 

2. Rarible

3. Mintable

Mintable is a use-friendly, decentralized marketplace that is best for newbies to sell their collections. 

4. Foundation

Foundation aims to revolutionize the art scene by changing how we experience, collect and trade art. Artists can set the price of their work themselves and retain full ownership. Although Foundation has no listing fees or hidden costs, it takes a 20% commission on all sales.

5. Nifty Gateway

6. SuperRare

Non-fungible token applications

As mentioned before, the idea of NFTs is still a novel concept, and therefore its applications are also expanding. But, NFTs have seen tremendous success in a few notable industries. Here are some of them:

Collectibles

Collectibles are rare and precious items. In the physical world, collectibles include classic cars, artifacts, paintings, and generally museum-worthy items.

When it comes to the digital space, collectibles can range from conventional items such as images, pictures, and music files to more contemporary items such as 3D models, online gaming merchandise, virtual properties, and domain names.

With NFTs, you can virtually tokenize anything of value, whether or not it is tangible.

The collectibles use-case has become the most popular application of NFTs so far, allowing digital artists to tokenize and quickly sell their artwork online. Initially, artists were only in control of their art when they sold it to the initial buyer. However, any other subsequent sale was out of their hands. Using NFTs, artists can now track the performance of their work on secondary markets as well as profit from these sales through royalties.

Online gaming

Gaming is a multi-billion dollar industry thanks to vibrant in-game economies and a growing interest in the sector from outsiders. NFTs are exponentially becoming assets of interest, especially to game developers looking to supercharge the within-game economies.

NFTs help gamers prove ownership of earned and bought props and tools within the games. With the provable ownership properties, they can buy, sell and trade the merchandise with other gamers. 

Previously, in-game economies were limited to just the local gaming environments. However, NFTs allow for expanding these localized economies to other secondary marketplaces allowing for the trading of gaming merchandise without even interacting with the games.

One such game that takes particular advantage of this feature is the crypto-collectible card game Gods Unchained.

Domain names

In 2019, the ENS was ported over to the ERC-721 standard, meaning that ENS domains could now be traded similar to other assets on NFT marketplaces. Additionally, digital collectors had access to another avenue to collect valuable domains to their portfolios.

Decentralized Finance (DeFI)

Over time, more items have been included as collateral-worthy assets, and these include NFTs such as art, domain names, and any valuable collectibles.

Metapurse owns various NFT assets, including art and virtual land, on Decentraland and Cryptovoxels. These properties have been bundled up and tokenized for sale allowing investors to co-own pieces of the assets.

Watch the video: NFT Digital Art Explained

Create your art

To start turning my poems into art, I asked my mom to mail me an old iPad she wasn’t using and signed up for an online illustration class at the Baltimore Academy of Illustration. I bought an Apple Pencil, downloaded Photoshop for iPads, and plugged in my Yeti microphone (which I already had) to practice recording audio clips in iMovie and GarageBand. I dug out my old poems from grad school, walked around Manhattan thinking of ideas and bought a notebook to start scribbling.

1. Use materials and tools you already have.

2. Invest in new technology or knowledge as needed.

3. Find other creators and learn from each other.

4. Consider the audience you think will like your work and keep them in mind as you create.

5. Choose whether you want your NFTs to have visual, audio or written components – or all three.

6. Pick a file type. OpenSea accepts JPG, PNG, GIF, SVG, MP4, WEBM, MP3, WAV, OGG, GLB and GLTF.

7. Think about the file size. OpenSea’s limit is 100 MB.

8. Factor in accessibility – I chose to have subtitles along with my spoken-word poems so that they could be enjoyed by as many people as possible, including people with visual and/or hearing impairments.

After some experimenting, I ended up scrapping the graphics I created in Photoshop and instead used Canva to make a simple title image and subtitles for my poem. I then recorded myself reading the poem along with the slides.

I’m not the most talented visual artist. But I gave myself permission to play around – and I don’t intend to stop experimenting. The advice I’ve gotten is this: Don’t pigeonhole yourself too soon or limit your notions of what’s possible. Unless you have a clear aesthetic like Abidi, an experienced painter, consider NFTs your opportunity to try new things. NFTs are a new art form, so let your message translate to the new medium.

How to Mint NFTs

Now that you know the basics, including understanding what minting is, you are ready to learn how to mint NFTs. As mentioned previously, there are different ways to create an NFT. As such, you need to know your preferences. For instance, if you want to have an NFT minted in the shortest time possible, you don’t know how to code, and you can look past the centralized aspects, you may want to use one of the reputable NFT marketplaces available. 

On the other hand, if you are proficient in JavaScript, have a basic understanding of Web3, and are a true advocate of decentralization, using Moralis to create your own minting dApp might be the proper way. 

Moreover, please note that we will focus on the minting aspect of NFTs herein. This means that we assume you have a digital file ready that you want to convert into an NFT. Moreover, you should be able to determine what kind of properties you wish to assign to your NFT. Furthermore, you also want to be clear about the functionalities (if any) you want your NFT to have. Being clear on these aspects will also help you determine whether you’ll be able to cover your NFT needs and expectations with one of the known NFT marketplaces or if you need to roll up your sleeves and build a minting dApp yourself.

NFT Generate and Mint – Prerequisite

To start creating NFTs, you need to understand what an NFT is in the first place. So, what are NFTs? In short, the acronym “NFT” stands for “non-fungible token”. 

On the other hand, as the name suggests, a non-fungible token (NFT) represents the opposite. Hence, rather than representing interchangeable values, NFTs represent unique values. For example, an NFT can represent a unique document, a digital work of art, a deed of real estate, etc. Thus, these items are unique, and their NFTs cannot be interchanged with other NFTs. Furthermore, NFTs contain links to information or metadata that serve as distinguishing tags or identifiers.

How to Mint An NFT?

1. Register for a free account on the NFT minting website
2. Deposit some Ether into your account
3. Select the “Create New NFT” tab on the NFT minting website
4. Enter the details of your new NFT Token

Non-Fungible Tokens (NFTs) | FAQs

How to Mint NFTs – Full Tutorial to Minting an NFT – Summary

What Is NFT Minting?

NFTs are recognized as a type of token that represents a digital asset, such as a piece of art, a video game item, or a digital collectible. They are often traded on online marketplaces and can be bought, sold, or exchanged for other cryptocurrencies or fiat currencies.

Что значит минтить NFT?

Покупая NFT на маркетплейсе, мы всего лишь приобретаем его на вторичном рынке. Заминтить токен можно только поучаствовав в самом первом распределении NFT. То есть минтить NFT – значит покупать его впервые.

Какие-то минты проходят бесплатно (нужно оплатить только газ), но чаще всего проектом устанавливается определенная цена продажи. В процессе минта пользователи скупают все NFT, а затем продают на вторичных рынках.

Еще одна особенность минта заключается в том, что покупатель не можете выбрать NFT при покупке. Он просто платит цену минта, а NFT получает случайным образом. Это может быть как самый обычный экземпляр, так и очень редкий.

Batch Minting NFTs – Uploading Image Files to IPFS

We’ll be using Visual Studio Code (VSC) to write and edit the code. However, you may use any other code editor according to your preferences. Looking at the image below, we are starting off with a folder that holds one hundred PNG files:

The names of the files contain 64 characters. As far as the file names go, you can use whatever you want. However, we went with 64-character naming because this is the standard for metadata of ERC-1155 NFTs. That way, we will be able to use file names when generating metadata. 

In order to bulk upload the images to IPFS, we will create a new “.js” file (“images.js”). However, we must first ensure that our package manager (we use npm) installs all the tools we need. Thus, start by opening the terminal (see the image below). Next, type “npm init” in the command line. Once that is executed, enter “npm install fs”. Then complete this part by typing “npm install axios”. 

Batch Minting NFTs – Uploading Image Files to IPFS – Code Walkthrough

Finally, we have everything ready to start writing the code inside our “images.js” file (see the actual code below). At the top of our code, we import the “npm packages” installed above. Moving on, we want our code to look through the images. The code must first read the images from the file to JavaScript. To accomplish this, we also need to have the images assigned to an array (we define the two arrays that we will use in lines three and four). We proceed by using a “for” loop (starting in line five). Within the loop, we ensure that the code will go through the image files and export them properly. This is also where we apply “paddedHex”, which takes care of the 64-character naming mentioned previously. 

The last part of the code (starting with “Promise.all”) is where Moralis’ power comes to light. Here, the code needs to upload the images to IPFS. Fortunately, Moralis takes care of the heavy lifting with its endpoint called “upload folder”, which ensures our folder containing images is uploaded to IPFS. 

Here is the entire code inside the “images.js” file:

let fs = require("fs");
let axios = require("axios");
let ipfsArray = [];
let promises = [];
for (let i = 0; i < 100; i++) { let paddedHex = ("0000000000000000000000000000000000000000000000000000000000000000" + i.toString(16)).substr("-64"); promises.push(new Promise( (res, rej) => { fs.readFile(`${__dirname}/export/${paddedHex}.png`, (err, data) => { if(err) rej(); ipfsArray.push({ path: `images/${paddedHex}.png`, content: data.toString("base64") }) res(); }) }))
}
Promise.all(promises).then( () => { axios.post("https://deep-index.moralis.io/api/v2/ipfs/uploadFolder", ipfsArray, { headers: { "X-API-KEY": '', "Content-Type": "application/json", "accept": "application/json" } } ).then( (res) => { console.log(res.data); }) .catch ( (error) => { console.log(error) })
})

Moralis Endpoints and Your API Key

Looking at the “Promise.all” part of the code, you can see that you need to use Moralis’ endpoint for IPFS and also insert your API key within the quotation marks after “X-API-KEY”.  

2. Scroll down until you get to the “Storage” section. At the top, you should see the “ipfs/uploadFolder” endpoint. To view the details, click on it: 

1. Again, visit the “Web3 API” tab Inside your Moralis admin panel: 

2. First, click on “Copy API Key” and then “Default”. This will automatically copy your API key to your clipboard (a message in the top-right corner will confirm that). 

Note: To obtain your API key, you’ll need to create your free Moralis account. If you’ve already done that, log in to get your API key.

Once you have copied your API key, insert it in the code above and save the file. Now it’s time to run the code by entering “node image.js” in the terminal:  

In return, you will get paths for all of your images that have just been uploaded to IPFS:

How to Bulk Mint NFTs – An Example Project

The steps that we need to complete:

• Bulk upload PNG files to IPFS.
• Generate JSON files containing metadata for our NFTs.
• Bulk upload JSON files to IPFS.
• Bulk mint NFTs.
• Display minted NFTs on OpenSea.

Note: We’ll be starting with already generated PNG files. For the purpose of this example project, feel free to use any kind of PNG or JPEG files that are available to you. Moreover, in case you are interested in bulk generating images (the creative part of NFT collectibles), stick around as we will cover how to do that in the near future.

Mint your first NFT

After you have added funds to your digital wallet on MetaMask, you will be able to begin minting NFTs from the projects that interest you.

1. Ensure that you have adequate amounts of ETH in your wallet prior to the launch date.
2. Choose the quantity of NFTs that you want to buy on the Mint page, the project will specify the maximum quantity of NFTs you can purchase.
3. Select the “Mint” button, and then continue with the transactions, guided by the MetaMask prompt.
4. Connect your wallet to the site by clicking the “Next” button.
5. After successfully connecting, you will be able to confirm that your wallet is linked by looking in the upper-left corner of the MetaMask interface.
6. Done! You can continue to mint your own NFT from your wallet!

Also, keep in mind that you need to account for transaction fees. The fees for the Ethereum network are between US$60 and US$100 on average, and they can go even higher during times of heavy traffic volume.

The transaction expenses that you are required to pay in addition to the cost of the NFT are referred to as “Gas Fees.” You may also be able to change the gas fee, and the greater the gas fee that you choose to pay, the higher priority you will be given in being able to acquire your NFT. You would consequently need to take into account the transaction costs as well as the cost of each NFT as a result of this.

How to Bulk Mint NFTs – Batch Minting Guide – Summary

You should now know all the basics regarding batch minting NFTs. Moreover, if you’ve actually taken on the example project, you now know how to bulk mint NFTs with minimal effort. All-in-all, once you have the images (or other types of files) ready in a folder, you essentially need to complete these steps:

• Bulk upload image files to IPFS.
• Generate JSON files containing metadata for our NFTs.
• Bulk upload JSON files to IPFS.
• Bulk mint NFTs.
• Display minted NFTs on OpenSea.

Using VSC, Moralis, MetaMask, Remix, and OpenSea, you get to complete the steps above without breaking a sweat. 

Decide on the platform

The tech skills required to mint NFTs on OpenSea are comparable to the ones I used to sign up for Myspace in 2006.

Here are some beginner-friendly NFT platforms where first-time creators can mint:

What you’ll need to get started:

An ETH wallet (e.g. MetaMask, Coinbase or dozens of others)

Creator fees:

Learn more:

Creators can use Rarible to mint NFT creations, whether they are books, music albums, digital art or movies. There are some fun features, such as the ability to show a “sneak peek” of your creation to everybody who comes to Rarible but limit the full project to purchasers only.

What you’ll need to get started:

Creator fees:

Learn more:

Holaplex

What you’ll need to get started:

Creator fees:

Reportedly 0.000005 SOL ($0.00025) per transaction. Fees can fluctuate, but they are almost zero.

Learn more:

Objkt

Originally created as a secondary marketplace, objkt now allows artists and creators to mint directly on its platform. It’s also popular among literary NFT creators and used by theVerseVerse co-founders Sasha Stiles and Ana Maria Caballero.

What you’ll need to get started:

Choose from these compatible wallets:

Creator fees:

2.5% for all successful sales

Learn more:

How to Generate an NFT

NFT Generate and Mint with an NFT Minter dApp

You should also be able to:

• Connect to MetaMask with your simple frontend.
• Call smart contract methods.
• Authenticate with MetaMask.
• Sign transactions with your MetaMask wallet.

All of these are essential features to get your simple NFT minter dApp working perfectly.

Moreover, the basic flask dApp we will create should look like this:

NFT Generate and Mint – How to Generate Non-Fungible Tokens – Summary

The historical “Everydays” NFT by Beeple, which sold for a record-setting price. 

Using Moralis’ Web3 platform, we’ve managed to condense the entire “NFT generate and mint” method into a few simple steps. With Moralis, you don’t need to set up your own server to start an NFT project. Simply create a new server using Moralis!

Как оценить успешность минта?

Вы уже перешли на сайт проекта и готовы приобрести заветный NFT, но все еще сомневаетесь в успехе? Прямо во время минта можно попробовать оценить факторы продаваемости коллекции.

Для этого в первую очередь оцените, сколько прошло времени с начала минта и какой процент NFT уже продан. К примеру, если с начала минта прошло 15 минут, а 2500 из 5000 NFT уже продано, популярность проекта, вероятно, очень высока. Это значит, что перепродать NFT удастся значительно дороже.

Кроме того, обязательно нужно зайти на OpenSea (или другой маркетплейс, где листятся NFT) и посмотреть, по каким ценам продают уже сминченные NFT. Если флор прайс или минимальная цена уже выше цены минта, то поучаствовать стоит. Здесь же можно оценить общую активность продаж данной NFT коллекции.

Если Вы дочитали до этого момента, то для Вас бонус: БЕСПЛАТНАЯ МЕТОДИЧКА ПО NFT 2022. Для этого переходим сюда

Статья предоставлена крупнейшим русскоязычным СМИ об NFT — NFT-ARTY

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Popular NFT Marketplaces

We have focused on Rarible above, but there are many alternatives to consider when choosing a solid platform to list your NFT. Here’s a list of some of the most popular NFT platforms:

Watch the video: Video: Top Crypto Art Platforms – Reviewed by an Artist

NFT token properties

Non-fungible tokens are created with multiple properties giving them the uniqueness and verifiable authenticity that define their value. The unique properties are:

Scarcity

When minting an NFT token, the creator can create one copy of the token or multiple copies. This is akin to a ticket company creating both high and low-value tickets to a concert. The company can intentionally make limited numbers of the high-value tickets and create several low-value tickets. This way, they control the scarcity of the tickets and, to some level, the desirability of the high-value tickets.

Similarly, a digital artist minting an NFT token can deliberately control the scarcity of their art by controlling the number of tokens minted.

Ownership, authenticity, and provenance

The biggest problem that artists and collectors face is proving the originality and provenance of pieces of art. A painter may not have a way of ensuring that their painting’s story is passed on to subsequent owners of a particular piece they create.

Liquidity

Liquidity is the measure of how easy it is to convert an asset into spendable cash. NFTs, being digital assets, are inherently much easier to trade compared to physical items. However,  they do stretch the concept of liquidity a little further.

Given that NFTs are designed with interoperability in mind, they can easily be created on one platform and traded on multiple marketplaces. Having access to numerous global markets also means more potential buyers for an NFT token than traditional assets.

Standardization

For instance, Ethereum, currently the most popular smart contract platform allowing the minting of NFT tokens, supports several NFT creation standards such as ERC721 and ERC1155. The idea of standardizing token creation also helps with interoperability which we discussed above. By adhering to popular standards, most NFTs can be supported across multiple platforms, including digital wallets and virtual showrooms.

How to mint NFTs

Here’s how you can go about minting. Each NFT marketplace has a slightly different method, so, for the sake of simplicity, I’m turning a picture I took of a French bulldog wearing sunglasses (which I unimaginatively named Frenchie Goes to Hollywood) into an NFT on OpenSea, which claims to have the largest NFT marketplace around.

1. Connect your wallet

To get started, you’ll first need to open a crypto wallet and then connect it to the NFT marketplace. On OpenSea, click either the wallet icon or the «Create» button in the top right corner to get started. Other marketplaces will use a similar prompt to connect your wallet and create a profile.

Image source: Author.

Depending on the wallet you’re using, such as MetaMask Wallet or Coinbase (NASDAQ:COIN) Wallet, and the device you’re working from (desktop or mobile), you’ll be asked to either connect your wallet using a QR code scanner on your smartphone or download your wallet to your computer.

Once your crypto wallet is connected and your marketplace profile created, it’s time to complete your profile. Tell the NFT world about yourself, insert links to your website or social media pages, and specify which cryptos you’ll accept as payment when someone purchases your NFTs.

2. Create your first item

Image source: Author.

This is also where you can set up how much you’ll be paid in royalties if your NFT gets sold again later on. Five percent to 10% of the secondary sales price is considered a standard royalty payout.

Click «Complete,» and your first NFT has now been minted!

3. Make sure your wallet is funded

To complete your first sale, make sure you’ve purchased some Ethereum (or another crypto you plan on using) on a crypto trading app and deposit it into your wallet. Depending on the marketplace, you can then transfer the crypto from your wallet to your NFT marketplace account. Some marketplaces, like OpenSea, allow you to purchase crypto directly from your marketplace profile by setting up a payment method such as a credit card.

Image source: Author.

If you are unsure how much crypto you will need to buy, it will be automatically calculated for you in the next step.

4. List your NFT for sale

Once you’ve minted your NFT, you’re ready to sell it on the open market. Click on the «Sell» button in the upper right corner within your NFT’s description page.

Image source: Author.

Now’s the time to specify the details of your sale. Pick the type of sale — a fixed price based on your cryptocurrency of choice or a timed auction. (On OpenSea, you set the royalty payouts for ongoing passive monetization of your work over time in step two, but other marketplaces might make that an option at this stage.) The marketplace will also disclose any related fees for selling. On OpenSea, the service fee (the price for handling the listing) is 2.5% of the NFT selling price.

Image source: Author.

Next, click «Complete listing.» The marketplace will calculate the gas fee based on the cryptocurrency network’s activity level at the time of listing and request payment from your crypto wallet. For me, it was about $180, but the fees will vary from minute to minute. Once the gas fee is paid and you approve the final terms, your NFT will be listed and available for purchase on the marketplace.

5. Manage your NFT business

Once your NFT is created and listed for sale, it’s time to start engaging with your potential patrons. You can also create more NFTs and make them part of a collection, which might attract attention from art collectors or speculators. NFTs created on one marketplace can also be transferred and sold on a different one, although fees might be involved.

Set up your MetaMask NFT wallet

1. Visit metamask.io and click the “download Chrome extension” button when you arrive there. 
2. You should click on the small fox logo as soon as it shows on your browser. It will only involve a few easy actions for you to complete.
3. On the Main Network, a default account along with an accompanying public ETH address will be generated. You can locate your MetaMask ETH address on the main screen, and it will typically begin with 0x.
4. Create your own personal MetaMask wallet by selecting the “Create A Wallet” button.
5. Next, you will be prompted to enter the password that you would like to use for your MetaMask wallet.
6. You will be provided with a seed phrase, or a”Secret Recovery Phrase,” which is a phrase consisting of twelve words that will generate your wallet. It is important that you write this seed phrase down and keep it in a safe place after you have done so. Under no circumstances should you ever reveal your backup seed phrase. It is a requirement of using MetaMask that you hide your seed phrase in a secure location and do not reveal it to any other person. In the event that you ever need to recover your wallet, you will be required to provide this phrase. Should someone find out your seed phrase, they can get into your account, and access your wallet and the funds that are stored in it.

How to Mint NFTs in a Decentralized Manner

As mentioned previously, this is the way how minting an NFT is supposed to be done. Furthermore, this kind of NFT minting still enables you to use some centralized aspects or go with a completely decentralized method. With the latter, we refer to your digital file (the one that will be converted into NFT) storing solution. You can have the file on any kind of centralized cloud storage option. Or you can use the IPFS decentralized storing solution that is fully compatible with Moralis’ SDK. Again, we prefer to focus on decentralized solutions. 

When minting an NFT in a decentralized manner, things such as running your own node and being proficient in Solidity may seem cumbersome. However, when you use Moralis, you do not have to worry about either of these things. Furthermore, Moralis Speedy Nodes will be at your disposal once you create your free Moralis account. Moreover, using Moralis’ SDK and its advanced Web3 API, you’ll be able to cover all the programming with your JavaScript knowledge. In addition, you’ll have one of the best documentation in the crypto industry available, helping you along the way. As such, you’ll cover all of the backend coding by copying and pasting short snippets of code. 

Minting an NFT with Moralis – Setup

Setting up Moralis is easy – all it takes are these four steps:

1. Create Your Moralis Account – If you haven’t created your Moralis account yet, make sure to do so now. The link will take you to the registration page, where you enter your email address and create your password. Next, you confirm your email address by clicking the confirmation link sent to your email address. In case you already have an active Moralis account, just log in.
    
2. Create a New Server – Once logged in to your Moralis account, you get to create a new server; just click the “+ Create a new Server” button in the top-right corner of your Moralis admin page. Next, click one of the given options from the drop-down menu that appears (see the image below).

Enter the required details: server name (it can be anything you want), select region, network, chain(s) (you can select one or multiple options), and click “Add Instance”: 

3. Obtain Server Details – Once your server is ready, you need to get the details to use inside your “.html” or “.js” file. Click the “View Details” button next to your server name (see the image below). Once the pop-up window appears, you’ll see all the information you need (the “Server URL” and “Application ID” information are what interests you). In case you’ve used Moralis before, you may already have one or more servers set up. In that case, you may use any of them.

4. Initialize Moralis – To complete the Moralis setup, you need to populate the “.html” or “.js” file with the server URL and application ID information, which you’ve obtained in the previous step:

Note: The server details in the images above are relevant for our server. You should use the details of your particular server.

Что нужно для минта NFT?

Чтобы заминтить NFT, нужно всего три условия:

• Криптокошелек, совместимый с тем блокчейном, на котором происходит минт NFT. Большинство коллекций минтятся на блокчейне Ethereum. Для него лучше всего подходит MetaMask.
• Сумма, равная стоимости минта. Соответственно, если вы хотите приобрести больше 1 NFT (такое возможно не всегда), вам нужна соответствующая сумма на кошельке. Лучше минтить все желаемые NFT одной транзакцией, иначе придется оплачивать газ за каждую.
• Средства для оплаты газа за транзакцию. Здесь важно понимать, что в момент минта комиссия всегда довольно высокая из-за большого наплыва пользователей. Особенно это касается блокчейна Ethereum. При минте особо раскрученных коллекций газ может достигать $10К. Для проверки цены на газ можно использовать обозреватель блокчейна, либо специальные боты в Телеграм (например, EtherDrops).

Link your Wallet to your project website

1. Click the “Connect Wallet” button.
2. Check to see that your MetaMask is properly connected to the appropriate network.
3. If the NFT is doing transactions on the Ethereum Network, check that the same information appears in the upper right corner of your MetaMask immediately after clicking on the MetaMask icon.
4. Accept the terms and conditions to finish linking your wallet.

Mint and share

In OpenSea, the minting process is so easy I kept waiting for a clown to jump out and tell me I’d been tricked.

It’s as simple as uploading your files, inputting your collection’s description and making your profile, determining your royalties (for later, when your art is sold in a secondary marketplace) and completing your listing.

Note the accepted file types:

I chose to mint my first NFT on Polygon, which had no fees.

Main Takeaways

• For those ready to mint on Binance NFT, we’ve outlined a step-by-step guide to the process. 

Build, mint, and monetize your creations on Binance NFT, whether you’re an NFT newbie or an aspiring artist. 

Now, you have the tools to unleash your creativity

Create an NFT Collection

Setting your wallet address

When creating the collection, you can set the wallet address as the contract owner or skip it. 

How to Bulk Mint NFTs

Everything we’ve done up until this point was just a preparation that will enable us to bulk mint NFTs. Now we have images and metadata that we’ll use when bulk minting our NFTs using the files now saved in a decentralized fashion on IPFS.  

For the actual minting process, we’ll use Remix. Moreover, we’ll skip the creation of a smart contract (which we need to mint NFTs) by getting a smart contract template on OpenZeppelin. By using a standard ERC-1155 smart contract, we need to apply only a couple of minor tweaks. As shown below, we get to remove the lines that are crossed with the red lines, while we must apply changes to the parts marked with yellow color. The part above the yellow line must be replaced by our hash and “/metadata”. Moreover, for the part in the yellow rounded square, we need to add an additional two instances in order to mint three NFTs. If we were to mint all one hundred NFTs, we could add a loop to cover them all instead of manually adding one hundred instances.

This is what we are left with:

To execute the transaction (complete the minting part), you need to click the “Deploy” button. This will prompt your MetaMask, which you will use to confirm the transaction. You do this by clicking the “Confirm” button:

Also, note that we went with the Rinkeby testnet, but you may choose other options. However, be mindful of which option you choose because you’ll need to select accordingly to display your NFTs on OpenSea. Once your NFTs are minted, you will see the address of the NFTs displayed under “Deployed Contracts” at the bottom of Remix’s “Deploy & Run Transactions” navigation tab. Click the copy icon to copy the address:

How to Bulk Mint NFTs – Display NFTs on OpenSea

Since OpenSea is still the most popular NFT marketplace, it makes sense to display and then list your NFTs there. You do this by visiting “opensea.io/get-listed/”. Once there, you need to select the phase of our project (since we minted NFTs on the testnet, we select the “Live on a testnet” option):

Next, you want to select the testnet that we used for minting (Rinkeby in our case), enter our ERC-1155 contract address (paste what we’ve copied from Remix), and click the “Submit” button:

The Basics of How to Mint NFTs – What are NFTs?

As mentioned, we would first like to ensure that you’re up to speed before we take a closer look at how to mint NFTs. Thus, let’s start at the beginning by answering “what are NFTs?”. Non-fungible tokens, or NFTs, are a special kind of crypto asset. As the term “non-fungible” suggests, each NFT is unique. As such, even when two NFTs represent the same digital file or are essentially copies of the same NFT, they have unique on-chain properties. With that in mind, it should come as no surprise that digital art and collectibles are the most obvious use case for this type of token.

Minting an NFT – What Does it Mean?

Batch Minting NFTs – Generating and Uploading Metadata Files

We will cover this part similar to what we did for the images. We create another “.js” file (“metadata.js”). Due to many similarities, we can copy and paste the code from the “images.js” file. The part of the code that will take care of the upload to IPFS is essentially the same. We apply the main changes inside the “for” loop, where we must now add some details for our ERC-1155 tokens (image, name, and description). For the name and description, you can use whatever you want. However, to access the image that we uploaded previously, we need to use the matching hash (fortunately, it is the same for all images).

Here’s the entire code inside the “metadata.js” file:

let fs = require("fs");
let axios = require("axios");
let ipfsArray = [];
for (let i = 0; i < 100; i++) { let paddedHex = ("0000000000000000000000000000000000000000000000000000000000000000" + i.toString(16)).substr("-64"); ipfsArray.push({ path: `metadata/${paddedHex}.json`, content: { image: `ipfs://QmX1xfbKoUEHtnoiVY9uEtH3X6YuJx2yzPg6ggp3zrFUzz/images/${paddedHex}.png`, name: `My Youtube test NFT #${i}`, description: "Awesome NFT for my youtube video" } })
}
axios.post("https://deep-index.moralis.io/api/v2/ipfs/uploadFolder", ipfsArray, { headers: { "X-API-KEY": 'wnFbJ8XSeI8Ym4uOBsBHQfoYSOXF31OxAxs6ohXchHo7D7qvoJ66Qetxll5jrA46', "Content-Type": "application/json", "accept": "application/json" } }
).then( (res) => { console.log(res.data);
})
.catch ( (error) => { console.log(error)
})

Now we need to run the code to execute the bulk upload to IPFS. Start by typing “node metadata.js” in the terminal’s command line. Now we can see that we get JSON files instead of PNG files:

You can view the above details via any of the metadata paths.

Due to the bulk upload, they all have the same hash, which is one of the requirements of the ERC-1155 token standard. You’re about to see this used below in the actual “batch minting NFTs” step. 

What is the difference between minting and buying an NFT?

Minting tokens means generating them yourself, while buying tokens means purchasing them from someone else.

There are a few distinctions between these two methods. 

For starters, minted tokens are not associated with any particular account, while purchased tokens are associated with the account that buys them. 

Additionally, minted tokens can be transferred to any other account, while purchased tokens can only be transferred to the account that bought them.

Finally, minted tokens can be traded on any exchange like OpenSea, while purchased tokens cannot. This makes minted tokens much more liquid and easier to trade.

Early days for the NFT movement

Although there are reports of some digital creators making big, easy money by creating an NFT, bear in mind it’s still early days for this movement. The online creator economy was an early adopter of NFTs, and the ability to passively monetize work long after the original sale could be a real game changer for artists, musicians, content producers, video game developers, and the like. However, minting and selling NFTs shouldn’t be viewed as a get-rich-quick scheme. It will require some upfront costs to sell your digital assets in this fashion, and there’s no guarantee anyone will be willing to purchase your work.

Nicholas Rossolillo has positions in Coinbase Global, Inc. and Ethereum. The Motley Fool has positions in and recommends Coinbase Global, Inc., Ethereum, and Polygon. The Motley Fool has a disclosure policy.