Non-fungible token (NFT) assets have taken the world by storm, as popular NFT artists are making millions from their blockchain-backed designs, music, and collectibles. As the trend continues to become more popular by the day, swarms of people are wondering how they can create their own non-fungible token and sell it after minting the NFT. The following article is a comprehensive list of tools that can help anyone get started minting NFTs and then selling them on an open marketplace.
NFT Hype Swells to New Levels
You’ve probably heard the term “non-fungible token” or “NFT” by now, because it’s the hottest trend in the blockchain space at the moment. Artists, celebrities, musicians, and professional athletes are making millions selling these blockchain assets on the internet.
Basically, an NFT is a non-fungible token that cannot be divided like crypto-assets such as bitcoin (BTC) and ethereum (ETH), which are fractional by a number of decimals. An NFT is a single asset, that is very unique and not like any other tokens in existence, unless the individual mints a number of copies of the same NFT for a collection.
In the early days, bitcoin (BTC) transactions were used to create colored coins, which are basically the very first versions of NFTs. All NFTs are tied to some kind of metadata, which could be a picture, document, comic book, animated GIF, and even real-world assets if the creator has designed a way to tether the digital world to the real
