Mint

The process of creating a non-fungible token (NFT) via a transaction on the blockchain. When NFT collections launch, the team will typically charge a mint price (e.g. 0.08 ETH) as a way to raise capital. Sometimes, NFT collections will launch via a free mint.

Related terms

Blockchain
Non-fungible token (NFT)
Transaction
Mainnet
Margin trading
Market cap

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