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Nft free minting

2024-06-28 14:21

Abstract: NFT minting is the process of creating a non-fungible, or unique, token on a blockchain.

what does it mean to mint an NFT

NFT minting is the process of creating a non-fungible, or unique, token on a blockchain.

Since the launch of the ERC-721 token standard on Ethereum for non-fungible tokens (NFT), NFTs have become a popular segment of the blockchain industry. Collections such as Bored Ape Yacht Club have gained multiple celebrity backers, while record sales figures achieved by artists such as Beeple and Pak have commanded global headlines.

Since NFTs are based on public, permissionless blockchains, NFT minting isnt limited exclusively to established artists – in principle, anyone can mint NFTs for a wide array of use cases.

Why mint an NFT?

Although anyone can create NFTs, in practice, NFT minting is mainly performed by two groups – creators and brands.

Creators typically mint their art as NFTs and leverage the ability of NFTs to introduce scarcity to digital goods or files. Most frequently, this is visual media such as digital art, photography, profile pictures, or in-game assets. However, other media types such as music, sounds, or videos can also be minted as NFTs.

Brands may mint NFTs to either create digital merchandise or as a kind of loyalty token that conveys access to private membership groups and events. They are typically distributed by the brand directly.

What are the prerequisites of NFT minting?

Anyone can mint NFTs using a minting platform, regardless of whether they are familiar with blockchain programming languages. Many of the most popular NFT minting platforms, such as OpenSea and MagicEden, are also large, relatively liquid NFT marketplaces that help artists sell their art once it is minted. Each minting platform and marketplace has its policies and practices regarding NFT minting and listing, so choosing the appropriate platform may involve some research.

NFT minting requires the user to have a cryptocurrency wallet, such as MetaMask or Phantom, pre-funded with some cryptocurrency, such as ETH, MATIC, SOL, or other currency compatible with the chosen minting platform. The amount will need to be sufficient to cover any gas fees and any fees for minting and listing that may be charged by the NFT platform.

If the user is creating assets based on existing art or digital files, they need to have these assets available. However, if the assets are to be created using an algorithm, then the creator needs to define the parameters of the generative art algorithm and the collection it will create, and the user only needs to participate as a bidder.

If the NFTs are to be listed, the minter will also need to have a plan for their sale in accordance with the platform rules. For example, if they are to be auctioned, there may need to be a reserve price and a fixed time duration through which bidders can bid. Many professional NFT creators also use marketing strategies to help their NFTs gain exposure to potential buyers.

Of note, some NFT platforms also require creators to go through an application process to be accepted for minting or listing.

How much does NFT minting cost?

NFT minting costs vary based on several factors, including blockchain transaction fees, and the fees charged by the NFT platform for minting and listing. Transaction fees will vary by blockchain and the number and complexity of transactions.

As noted above, users should ensure that they have enough cryptocurrency in their wallet to cover all fees, or the minting transactions will fail.

Users who are minting NFTs of a specific collection will also have to be familiar with the buying terms enforced by the team selling their NFTs.

Minting an NFT

Minting an NFT is the process of creating a unique digital asset so that it can be bought, sold, and traded.

Once you have created your digital content, you can mint an NFT by uploading it to a blockchain platform. The platform will then assign a unique identifier to your NFT, which will be stored on the blockchain and cannot be altered or deleted. This unique identifier acts as proof of ownership for your NFT, and it will be tied to your digital content forever. You can then sell or trade your NFT with others, and the new owner will also have proof of ownership through the unique identifier.

All you need is a blockchain platform that supports NFTs and some cryptocurrency to pay for the transaction fees.

If you have decided to buy a Born To Mix3D NFT you will need to mint it. Its way easier than it sounds, and we will accompany you through the process. But before minting you will need to have a wallet and fill it with the cryptocurrency needed for the transaction.

live minting

Liveminting, or creating NFTs in real-time, allows you to include your audience in the unique experience of adding NFTs to blockchain. Powered by Wolfram technologies, liveminting.com is the sole provider of production-ready tools to programmatically livemint NFTs on the Cardano blockchain.

How to mint NFT for free

In the past, creators had to pay a gas fee to mint an NFT, but fear not, times have changed.

You can now mint NFTs for free on OpenSea

Step 1: Connect Your Wallet

OpenSea doesn't require a conventional sign-up. Instead, you connect your crypto wallet. Choose from popular wallets like MetaMask or Coinbase Wallet.

Step 2: Create An NFT Collection

Creating a new collection is super easy. All you need to do is navigate to your account, select “My collections,” and then click on Create a collection.

Step 3: Customize Your NFT Collection Details

Give your collection a name, add a description, and set a custom link. Crucially, select again the Polygon blockchain in the dropdown menu to avoid gas fees. Select the coins you want to allow users to pay with and choose the Display theme.

Customizing the link to your collection is pretty awesome because you can choose something easy to remember—for yourself and your prospective customers.

If your collection name is already taken, you can add your artist name.

Step 4: Upload Graphics For Your NFT Collection

Craft a visual identity for your collection with a logo, banner, and featured images. These visuals represent your artwork on OpenSea, so make them captivating and reflective of your artistic style.

Step 5: Define Your Profit Margin

Set your profit margin under “Earnings” to ensure you benefit from your hard work. If you don‘t set any margin, you won’t get anything from the sales price. The highest percentage rate you can currently set is 10 percent. So, just enter 10%... After that, you can connect your social media accounts for added exposure.

Step 6: Mint Your NFT For Free On OpenSea

Click on “Create” to upload your artwork. Add a title and description, and select your recently created collection. Again, dont forget to opt for the Polygon blockchain in the dropdown!

Step 7: List Your NFT for Free on OpenSea

Select a fixed price or timed auction, set the duration, and be aware of the 2.5% fee deducted by OpenSea. Confirm your listing. You've successfully minted and listed an NFT for free on OpenSea!

nft art

nft radar

Upcoming NFT drops

1.Cartoonaro:Katie's older sister always told her that stories were made up of figures. Figures that represent all the different things that happen in a story. As she grew older, Katie started to believe her sister. Every day, when she sat down to read, she imagined the characters and their stories unfolding before her eyes. One day, as she flipped through a stack of comic books, Katie ran into one of her favorite characters from one of her favorite stories.

2.Serengeti StoriesFrom a creative co-op in Tanzania emerges “Serengeti Stories by Ramadhani Mangula, a vibrant interpretation of some of East Africas most magnificent wildlife as told by a master of the TingaTinga art form. Following the sell-out success of ”Savannah Stories“ on Opensea, this new chapter unfolds on the vast and majestic plains of the Serengeti, one of the most important naturally protected ecosystems in the world. As one of the lead organizers for TingaTinga Arts Collective in Tanzania, Mr. Mangula has dedicated his life to passionately preserving and promoting this distinctive art form and the wildlife it depicts. Through ”Savannah Stories, he serves as both storyteller and steward to artistically promote the bold colors and rich traditions of Tanzanian TingaTinga to a global audience.

With each purchase, you contribute your voice to this movements global narrative and connect yourself to a Tanzanian tradition that remains unbroken six decades after it was founded.

nft marketplace development

An NFT marketplace allows users to build an account, upload digital artworks and make sales. Generally, niche marketplaces are higher in demand than standard ones, as they offer all that clients may need, specialize in selling some online artworks, and contain a specific target audience.

The Architecture of an NFT Marketplace

NFTs are digital assets that are stored on a blockchain. It represents a unique item or piece of content and cannot be replicated or exchanged for something else. The architecture of NFTs is based on the underlying blockchain technology, which provides a secure and decentralized way to store and transfer digital assets.

NFT MetaData

NFTs often include metadata that provides additional information about the asset, such as its name, description, image, and other relevant details. This metadata is stored off-chain, typically on a decentralized storage platform like IPFS.

Digital Wallet

NFTs are stored in cryptocurrency wallets, which are digital wallets that allow users to manage their cryptocurrency assets. Users can buy, sell, and trade NFTs using their cryptocurrency wallets.

Blockchain Integration

Multiple types of blockchain networks can be availed to create a full-functioning NFT marketplace. These comprise public, private, consortium, and hybrid blockchain networks. The technology allows to store of information related to NFTs and transactions occurring on the platform.

Smart Contract

NFTs are created through smart contracts, which are self-executing programs that run on the Ethereum blockchain. These smart contracts define the rules and conditions for the NFT, including its ownership, transferability, and other characteristics.

Token Minting

Minting NFTs are very necessary whether you allow NFTs with or without gas costs. The process of minting NFTs is about validating all the data that is garnered, building a new block, and recording it into the blockchain Ethereum, Binance Smart Chain, and other platforms that can be used for token minting.

IPFS (Interplanetary File System)

IPFS is a data storage system that is used to get rid of the power-consuming storage of digital assets with metadata on the blockchain.

Overall, the architecture of an NFT is designed to ensure its uniqueness, authenticity, and traceability, which are essential qualities for digital assets that are traded on a decentralized network.

daily nft news

Cristiano Ronaldo Announces Fourth NFT Collection on Binance

Legendary footballer Cristiano Ronaldo visited Binance on May 29 to announce his fourth NFT collection. This latest release promises to take fans through significant moments in Ronaldos illustrious career, tapping into the growing demand for unique digital assets.

Ronaldos NFT journey began in November 2022, debuting his first collection on Binance. This marked the start of a multi-year partnership, showcasing iconic moments from his career. The rarest items from this collection fetched nearly $10,000.

Their partnership has faced challenges. In December 2023, Ronaldo was named in a class-action lawsuit alleging that his NFT promotions led to significant customer losses. Additionally, Binance recently settled a $4 billion dispute with US regulators, resulting in CEO Changpeng Zhao stepping down.

Despite these legal issues, Ronaldo and Binance avoided commenting directly on the lawsuit. Instead, Ronaldo hinted at upcoming projects with Binance, heightening anticipation for the new collection.

The new NFT collection launches on May 29 on Binance. It will highlight key moments from Ronaldos career, continuing the successful partnership that began in November 2022. Even with previous legal challenges, the partnership remains strong.

Ronaldos new NFT collection represents another significant intersection of sports and digital art. This launch also navigates recent legal and regulatory challenges, underscoring the resilience of both Ronaldo and Binance in the evolving digital asset landscape.

Ronaldo‘s fourth NFT collection on Binance is highly anticipated. The collection not only celebrates his career but also highlights the ongoing demand for unique digital assets. Despite past legal issues, the collaboration between Ronaldo and Binance continues to thrive, promising fans a unique journey through Ronaldo’s career.

minting websites

Minting websites are platforms that allow users to create (or “mint”) NFTs by converting digital files (like art, music, or videos) into unique tokens on a blockchain. Here is a table listing some popular minting websites along with their key features and supported blockchains:

WebsiteKey FeaturesSupported Blockchains
OpenSeaEasy-to-use interface, supports multiple file types, customizable metadata, royalty settings.Ethereum, Polygon, Solana
RaribleCommunity-driven, supports multi-chain minting, royalty splits, lazy minting options.Ethereum, Flow, Tezos, Polygon, Solana, ImmutableX
MintableNo-code minting, supports ERC-721 and ERC-1155, royalty management, marketplace integration.Ethereum
FoundationInvite-only platform, high-quality art focus, artist royalties, limited edition minting.Ethereum
SuperRareCurated platform, single-edition art, high artist royalties, social features.Ethereum
Nifty GatewayCurated drops, fiat payment options, high-profile artists, limited edition and open editions.Ethereum
ZoraDecentralized protocol, perpetual royalties, programmable media, open access.Ethereum
Async ArtProgrammable art, layers and states, collaborative creations, dynamic NFTs.Ethereum
MintbaseEasy-to-use interface, supports multiple file types, customizable store creation.Ethereum, NEAR
SolSeaLow minting fees, integrated rarity tools, customizable metadata, creator royalties.Solana
BakerySwapEasy minting process, low fees, integrated DeFi features, staking rewards for creators.Binance Smart Chain
VIV3Easy-to-use interface, artist-centric features, integrated marketplace.Flow
GhostMarketMulti-chain support, social features, creator royalties, flexible minting options.Phantasma, BSC, Polygon
Hic et NuncLow minting fees, eco-friendly, community-driven, focuses on artists and collectors.Tezos
RefinableMulti-chain support, low fees, customizable minting options, royalty management.Binance Smart Chain, Polygon
KalamintCurated platform, eco-friendly, artist-centric, supports multiple file types.Tezos

These platforms offer a variety of features tailored to different types of users, from artists and musicians to game developers and collectors. Depending on your needs—whether you prefer a no-code solution, lower transaction fees, or specific blockchain support—you can choose the most suitable minting website from this list.

Minting websites are platforms that allow users to create (or “mint”) NFTs by converting digital files (like art, music, or videos) into unique tokens on a blockchain. Here is a table listing some popular minting websites along with their key features and supported blockchains:

WebsiteKey FeaturesSupported Blockchains
OpenSeaEasy-to-use interface, supports multiple file types, customizable metadata, royalty settings.Ethereum, Polygon, Solana
RaribleCommunity-driven, supports multi-chain minting, royalty splits, lazy minting options.Ethereum, Flow, Tezos, Polygon, Solana, ImmutableX
MintableNo-code minting, supports ERC-721 and ERC-1155, royalty management, marketplace integration.Ethereum
FoundationInvite-only platform, high-quality art focus, artist royalties, limited edition minting.Ethereum
SuperRareCurated platform, single-edition art, high artist royalties, social features.Ethereum
Nifty GatewayCurated drops, fiat payment options, high-profile artists, limited edition and open editions.Ethereum
ZoraDecentralized protocol, perpetual royalties, programmable media, open access.Ethereum
Async ArtProgrammable art, layers and states, collaborative creations, dynamic NFTs.Ethereum
MintbaseEasy-to-use interface, supports multiple file types, customizable store creation.Ethereum, NEAR
SolSeaLow minting fees, integrated rarity tools, customizable metadata, creator royalties.Solana
BakerySwapEasy minting process, low fees, integrated DeFi features, staking rewards for creators.Binance Smart Chain
VIV3Easy-to-use interface, artist-centric features, integrated marketplace.Flow
GhostMarketMulti-chain support, social features, creator royalties, flexible minting options.Phantasma, BSC, Polygon
Hic et NuncLow minting fees, eco-friendly, community-driven, focuses on artists and collectors.Tezos
RefinableMulti-chain support, low fees, customizable minting options, royalty management.Binance Smart Chain, Polygon
KalamintCurated platform, eco-friendly, artist-centric, supports multiple file types.Tezos

These platforms offer a variety of features tailored to different types of users, from artists and musicians to game developers and collectors. Depending on your needs—whether you prefer a no-code solution, lower transaction fees, or specific blockchain support—you can choose the most suitable minting website from this list.

Minting websites are platforms that allow users to create (or “mint”) NFTs by converting digital files (like art, music, or videos) into unique tokens on a blockchain.

WebsiteKey FeaturesSupported Blockchains
OpenSeaEasy-to-use interface, supports multiple file types, customizable metadata, and royalty settings.Ethereum, Polygon, Solana
RaribleCommunity-driven, supports multi-chain minting, royalty splits, and lazy minting options.Ethereum, Flow, Tezos, Polygon, Solana, ImmutableX
MintableNo-code minting, supports ERC-721 and ERC-1155, royalty management, and marketplace integration.Ethereum
FoundationInvite-only platform, high-quality art focus, artist royalties, limited edition minting.Ethereum
SuperRareCurated platform, single-edition art, high artist royalties, social features.Ethereum
Nifty GatewayCurated drops, fiat payment options, high-profile artists, limited edition, and open editions.Ethereum
ZoraDecentralized protocol, perpetual royalties, programmable media, open access.Ethereum
Async ArtProgrammable art, layers, and states, collaborative creations, dynamic NFTs.Ethereum
MintbaseEasy-to-use interface, supports multiple file types, customizable store creation.Ethereum, NEAR
SolSeaLow minting fees, integrated rarity tools, customizable metadata, creator royalties.Solana
BakerySwapEasy minting process, low fees, integrated DeFi features, and staking rewards for creators.Binance Smart Chain

nft development services

NFT development services are used to launch software that enables the creation and sale of blockchain-based non-fungible tokens backed by unique digital or physical assets.

NFT Systems ScienceSoft Builds

ScienceSoft creates NFT systems that support four main processes involved in NFT transactions:

Creating NFTs backed by unique assets, like artworks, collectibles, tickets, in-game staff, and more.

Submitting bids for an NFT in an NFT auction.

Transferring an NFT to a buyers crypto wallet.

Redeeming an NFT for a physical or digital asset.

nft giveaway

Giveaway NFT Upcoming Drops

1.The Human Mind And Art: This project is led by the architect and digital artist conceptual arqmaxnft, who, with over 80 years of life, passionately directs a team that has shaped the exploration of digital surrealism and the interaction between the human mind and art through various nft collections grouped under this project, the human mind and art.

Here, art, technology, and narrative merge to create a unique and meaningful experience that transcends the boundaries of reality.

2.Venom, Dazed Symbiotes: Introducing a collection with innovative utility features, including the newly added harvesting and staking feature... with harvesting, a portion of each sale is automatically distributed to one of the holders, chosen randomly.

free nft

Here are a few steps you could choose to take to earn NFTs for free, please note that these are just directions to take, and one must take all possible precautions before minting NFTs for free. Also, you may want to use these tactics across blockchains to increase your chances of getting as many NFTs as possible (in a secure way)!

1. Earn Free NFTs through Freecash.com

Free cash stands out as a rapidly expanding online platform for generating income from virtually anywhere globally. Functioning as a Get-Paid-To (GPT) site, it offers users the opportunity to engage in diverse activities such as survey completions, video viewing, or game playing to accrue Freecash coins.

After accumulating a substantial number of these coins, you can convert them into cryptocurrencies like Bitcoin or Ethereum, which in turn can be used to acquire NFTs across various platforms. The most straightforward method to leverage Free cash for obtaining NFTs involves withdrawing your earnings in crypto form and purchasing NFTs on marketplaces like OpenSea.

2. Participate in Play-to-Earn (P2E) NFT Games

P2E games remain a prominent method for earning free NFTs. By engaging in these blockchain-based games, players can acquire NFTs that hold real monetary value. The key is to choose games that also offer substantial rewards and maintain a vibrant trading community.

3. Engage in Social Media Giveaways

Platforms like Twitter, Discord, Reddit, and Telegram are hotspots for NFT giveaways. Many projects use these giveaways to build a community and attract attention. Stay active and participate in these communities to increase your chances of winning free NFTs.

4. Explore Airdrops Opportunities

Airdrops are a popular method for NFT projects to distribute free tokens. They often target existing NFT holders or active community members. While lucrative, its also crucial to be vigilant to avoid scams.

5. Breeding in NFT Games

NFT breeding is a notable feature of NFT technology, It involves creating new NFTs by merging two existing ones. Exemplified by the breeding of Axies in Axie Infinity, this process not only enhances in-game experiences but also extends across various platforms. Beneficial for both users and projects, it enables users to expand their NFT collection and potentially profit by selling or lending these new NFTs on marketplaces. Additionally, many NFT projects simplify the breeding process, providing platforms for users to easily find compatible NFTs for breeding purposes.

6. Opt for Free NFT Mints

Free minting allows creators to publish a unique token on the blockchain without upfront costs. This method is increasingly popular among artists and creators, with platforms like OpenSea and Rarible offering “lazy minting” options to mitigate gas fees.

7. Participate in Community Events

Active involvement in NFT communities can unlock opportunities for free NFTs. These may include special events, contests, or promotions exclusive to community members.

8. Keep an Eye on New Projects

Emerging NFT projects often offer free mints or rewards to early adopters. By staying informed about the NFT market, you can seize these opportunities early on.

9. Twitter and Discord Giveaways

Many NFT projects host giveaways on Twitter and Discord. Engaging with these platforms, following NFT accounts, and participating in discussions can increase your chances of winning free NFTs.

selling nft art

Contrary to popular belief, selling NFT artwork is not difficult. One option is to list them on an online marketplace, while the other is to go straight to the buyer. When selling NFTs, it's important to consider a few factors, such as the asking price and the safety of the transaction.

nft stocks

NFT stocks are shares of listed companies that are involved in the NFT markets in some way. This is a popular way of getting indirect exposure to NFT markets. NFT stock companies are rare, but more companies are expanding into this sector. Companies that launch NFT collections or supply the technology necessary to run the NFT ecosystem may offer the best NFT stocks.

The technology behind the NFT industry is constantly evolving. It is also the same technology that maintains the blockchains. This means that any NFT stock lists will closely correlate with crypto markets. NFT stocks might be a more popular option for investors since they offer portfolio diversification, dividends in some cases, and liquidity.

Investors should pay extra caution when choosing an NFT stock to add to their portfolio, but an NFT investment could turn out to be a good decision for long-term investments. NFTs may become the norm for digital ownership, and this can cause NFT stocks to surge. A stock investment may also reward investors with dividends. One of the most important aspects is liquidity, as NFTs are not as liquid as NFT coins and especially stocks. They are only worth as much as a buyer is willing to pay, whereas stock trading is instant during normal market conditions.

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