Minting is the process of creating new digital assets, often associated with cryptocurrencies like Bitcoin or Ethereum. When someone mints a new token or coin, they are essentially generating a unique digital item that can be bought, sold, or traded. This process usually involves using a blockchain, which is a secure and transparent digital ledger that records all transactions.
In the world of Non-Fungible Tokens (NFTs), minting refers to turning digital art, music, or other creative works into unique tokens on the blockchain. This allows artists to sell their work directly to collectors, ensuring authenticity and ownership. Minting has opened up new opportunities for creators and investors alike.