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FAQ

What is NFT minting?

NFT minting is the process of creating a non-fungible token (NFT) on a blockchain. This involves uploading your digital asset (like art, music, or videos) to a blockchain platform, which then generates a unique token that represents ownership and authenticity of that asset.

How do I mint my first NFT?

To mint your first NFT, you'll need a wallet (Phantom or other wallet supporting Solana) that has sufficient funds. Ensure your wallet is connected to the Solana blockchain. Connect your wallet to the website by clicking on "Connect Wallet". After that you will be prompted to open your wallet. Once your wallet is successfully connected, the "Connect Wallet" button will transform into a "Mint" button. Click the button and wait for the transaction to complete. Don't exit your browser while the transaction is pending. Blockchain speeds are variable, so processing times may fluctuate.

What are gas fees, and how do they affect NFT minting?

Gas Fees Gas fees are charged for any transaction that alters information on the blockchain. These fees, paid to validators, incentivize network security, reduce spam, and contribute to the long-term economic health of the Solana blockchain. SOL is necessary to cover network (gas) fees. Solana's fees are minimal, allowing multiple transactions with a low balance. However, it's advisable to keep at least 0.05 SOL in your wallet for gas. Make sure you have sufficient funds for the mint. Remember, you'll also need to cover gas fees (transaction fees) on top of the mint price.

Can I mint an NFT for free?

No, minting an NFT isn't free. You'll need to pay a fee to blockchain miners for processing the transaction. Additionally, gas fees will be incurred, which are also paid to miners.

What happens after I mint my NFT?

After you have entered the number of NFTs that you wish to mint and confirm the transaction through your crypto wallet. Once the transaction is confirmed, it usually only takes seconds or minutes for the NFTs to appear in your digital wallet.

Where can I buy Solana (SOL)?

Phantom offers a quick and simple way to purchase SOL directly within the app. You can buy or transfer SOL to your Phantom Wallet using MoonPay, Coinbase, Binance, or other exchanges.

Non-Fungible Tokens (NFTs)

Non-fungible tokens (NFTs) are digital assets that prove unique ownership. This ownership is conferred to the token holder at a specific address, confirmed by a decentralized network like Solana or others using blockchain technology.

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