What do you understand by minting?

Blessed19

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To be honest I have been trying to understand what it is the me sing of minting as I do see write ups about it on several platfroms where crypto lords are and I tend not to understand how it is being done and have asked severally but have not gotten any answer from anyone if them right there and so I will want to know if anyone has an idea on it.
 
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Bisolami

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To be honest I have been trying to understand what it is the me sing of minting as I do see write ups about it on several platfroms where crypto lords are and I tend not to understand how it is being done and have asked severally but have not gotten any answer from anyone if them right there and so I will want to know if anyone has an idea on it.
I think minting means buying the NFT immediately when it is just created at a cheap price.
 

Suba

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Several years ago I was introduced to the word minting when investing in Peercoin, minting is another term for staking coins. But currently the term minting used in NFT is the process of turning a work of art into a token (NFT) that is placed on a blockchain. After becoming a token you can sell it to the market.
 

Blessed19

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Several years ago I was introduced to the word minting when investing in Peercoin, minting is another term for staking coins. But currently the term minting used in NFT is the process of turning a work of art into a token (NFT) that is placed on a blockchain. After becoming a token you can sell it to the market.
Wow that is the best and first time I am getting to see an explanation about the word minting as I always see people talk and list about minting a token or an nft but don't know what exactly it means for me to mint at all and no one has explained anything to me at all and for that I pay less attention to it anytime I see it on a post or tweet.
 

Bisolami

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Several years ago I was introduced to the word minting when investing in Peercoin, minting is another term for staking coins. But currently the term minting used in NFT is the process of turning a work of art into a token (NFT) that is placed on a blockchain. After becoming a token you can sell it to the market.
You are going to make so much money from minting when you sell the NFT later
 
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