How to mint NFTs
NFT stands for “non-fungible token,” which is a type of digital certificate built on a blockchain — usually Ethereum — that guarantees ownership of a unique rare digital asset. Minting digital assets (everything from art to music to articles) as an NFT is a way for artists to monetize their work.
Selling digital files isn’t new…But one of the more innovative uses for NFTs is the ability to guarantee yourself as the original creator. Because NFTs are recorded on a blockchain, the creator of the NFT is recorded in the public ledger. Therefore, you can set a fee for whenever that digital asset is sold in the future (known in the business world as a royalty) and earn passive income over time if your work is sold on the secondary market.Read More