What is a NFT?

An NFT, or Non-Fungible Token, is a unique digital asset verified using blockchain technology, representing ownership or proof of authenticity of items like art, collectibles, or digital goods. Unlike cryptocurrencies such as Bitcoin or Ethereum, which are fungible and can be exchanged on a one-for-one basis, NFTs are distinct and cannot be exchanged on a like-for-like basis.

What is a Blockchain?

A blockchain is a decentralized and distributed digital ledger used to record transactions across multiple computers. It ensures data integrity and transparency by storing information in interlinked blocks, with each block containing a cryptographic hash of the previous one. This structure makes it resistant to data modification, as altering any single block would require consensus from the majority of the network and changes to all subsequent blocks.

Is Minty NFT Free to Use?

Minty NFT is available for free but the "mint" of an NFT incurs a small fee which varies depending on the chosen network.

How do I create a NFT?

To create an NFT:

• Use Minty NFT to "mint" your digital item, turning it into a unique NFT.
• Choose a digital item or artwork you want to tokenize.
• Set any desired properties, such as a name or a description, and list it for sale or showcase.
• Select a blockchain platform that supports NFTs, like Ethereum or Polygon.

Remember, creating an NFT often requires a nominal fee.