What does "Minting" mean?
“Minting an NFT” is just another way of saying “storing on the blockchain”. If an NFT is a blockchain-based token that proves ownership of digital items such as an image, music or video files, “minting an NFT” refers to converting those digital files into digital assets stored on the blockchain.
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What is Creator Minting?
Creator Minting is a process that allows creators and artists to tokenize their work on OneOf platform in the form of non-fungible tokens (NFTs). Creators can upload their digital artwork or any other digital content on OneOf’s Creator Storefront. ...
What does owning an NFT mean?
Owning an NFT is digital proof of ownership to a media file, such as a photograph, a video, or a music file that is recorded and stored on the blockchain. Some OneOf NFTs include OneOf-exclusive Vault Content which could be special IRL (in real life) ...
What are the benefits of Creator Minting?
Ownership and Authenticity: Creators can prove ownership and authenticity of their work through OneOf’s blockchain technology, reducing the risk of plagiarism or unauthorized use. Monetization: Creators can monetize their work by selling their ...
Fungible? Non-Fungible? What does it all mean?
“Fungible” means interchangeable. For example, a General Admission ticket to a concert is exactly the same as (and includes the same benefits as) another General Admission ticket. “Non-fungible” means something is NOT interchangeable—such as a ...
I've heard that NFTs are selling for millions of dollars. How can I afford an NFT?
Built on energy efficient “proof-of-stake” blockchains like Tezos and Polygon, minting an NFT on OneOf is thousands of times less expensive than other platforms that use more traditional “proof-of-work” blockchains. OneOf further subsidizes these low ...