Minting
Also known as: Token Creation, Asset Issuance, NFT Generation
The process of creating new tokens or digital assets on a blockchain, commonly used for NFTs and tokenized assets.
Minting refers to the creation of new tokens or digital assets on a blockchain. In the context of cryptocurrencies, minting can mean generating new supply as part of a protocol’s inflationary model or as staking rewards. In NFTs, minting involves deploying a unique token to the blockchain, assigning metadata like artwork or ownership. Minting is typically executed via smart contracts and can involve user interaction (self-minting) or automated issuance. Minting fees, or gas, are often required to publish assets on chains like Ethereum. The process varies by token standard (e.g., ERC-20 vs. ERC-721).