Mint
Minting creates new blockchain tokens according to the rules of the relevant smart contract or protocol.
✦ Key Insight
Minting affects ownership and sometimes total supply, so users should understand contract permissions and fees before approving a transaction.
✕ Common Misconceptions
Minting from an unofficial website can expose users to malicious approvals or fake contracts.
Detailed Explanation
In Practice
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Smart Contract
A smart contract is blockchain-deployed code that can hold state and execute predefined rules when called.
NFT
An NFT (non-fungible token) is a unique cryptographic token on a blockchain that represents ownership of a specific digital or physical asset and cannot be exchanged on a one-to-one basis like fungible cryptocurrencies.
Gas
Gas is a unit or mechanism used on some smart-contract networks to measure and price the computational work required for transactions.
Whitelist / Allowlist
An allowlist is a predefined list of addresses or participants granted permission to access a particular blockchain event, mint or function.