Primary Market - How to "Mint" an NFT
Last updated
Last updated
Before we go deeper into this concept, if you don't know what an NFT is, please refer to "?".
Minting an NFT means creating, or mining, a new NFT, which will have a unique identifier of your owned digital asset engraved on it, and only you can own or control it.
This may be a bit blurred and hard to understand. Let's take the Sui Gods series on PopRare as an example.
Please visit the website:
Click on the Launchpad at the top. Launchpad is the primary market for NFTs, where you can directly mint new NFTs. The option next to it, "Explore", is the secondary market, where you can buy and sell NFTs that have already been circulating in the market.
Before minting an NFT, you need to connect your wallet to that marketplace. If you are not sure where to connect, please refer to "".
Scroll Down. Select "Sui Gods".
This is the information page for Sui Gods. Click the "+" sign to select the quantity of NFTs you want to mint.
Click "Mint".
Put in your wallet password, select "Unlock Wallet", and then select "Approve".
Congratulations, you have successfully minted two NFTs from the Sui Gods series!
To better understand the uniqueness of our digital assets on the blockchain, let's take a look at what happens in the PopRare backend when you mint an NFT.
This is Sui Gods #6, one of the two Sui Gods NFTs we purchased and the 6th NFT to be minted in the Sui Gods series.
Let's take a look how the transaction is recorded in the backend databse of PopRare . The wallet address behind "miner" represents the person who minted this NFT, while "Owner" represents the current owner of this NFT.
If the person who minted this NFT sells it in the secondary market later, he will still be recorded as the miner of this NFT in the blockchain. However, the wallet address recorded after "Owner" will change to the person who purchased and owns the NFT right now.
This is the difference between "minting" an NFT and "buying" an NFT.
