Jasz
VIP Contributor
So many people are lost in thoughts when you talk about minting NFTs. A good number of people think NFT is just like other Crypto currencies, Bitcoin, Ethereum, Solana, Litecoin and more. Well they have a little similarity in that they are digital assets, but they are so unique. You will get to know this in "Interesting facts about NFTs."
If I have what it takes now I will own one at least. It's good financial advice to own one, but it's not actually easy or every one will own it and there will be surplus, therefore less demand. I assume you know the implications of this.
So do people mint NFTs?
•Yes! You can mint NFTs. Minting is the way of tokenizing a digital file with cryptography. This digital token can be stored, moved and recorded on the block chain.
•Anybody rich enough can mint NFT. The largest platform (decentralized) for NFT collectors and artists is the OpenSea market place.
•OpenSea is where sellers get potential buyers.
•You can only mint NFTs with a PC and you need a wallet connected to OpenSea.
•So many people do this right, but they have difficulty settling the high rate of gas fee required to complete the process.
If I have what it takes now I will own one at least. It's good financial advice to own one, but it's not actually easy or every one will own it and there will be surplus, therefore less demand. I assume you know the implications of this.
So do people mint NFTs?
•Yes! You can mint NFTs. Minting is the way of tokenizing a digital file with cryptography. This digital token can be stored, moved and recorded on the block chain.
•Anybody rich enough can mint NFT. The largest platform (decentralized) for NFT collectors and artists is the OpenSea market place.
•OpenSea is where sellers get potential buyers.
•You can only mint NFTs with a PC and you need a wallet connected to OpenSea.
•So many people do this right, but they have difficulty settling the high rate of gas fee required to complete the process.
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