How to Mint an NFT (Simple Step-by-Step Guide) | Chainlink (2024)

NFTs are fast becoming a vital type of digital asset. The rise in their popularity signals that blockchains are moving beyond cryptocurrencies, stablecoins, governance tokens, and utility tokens to break into today’s cultural zeitgeist—with these unique digital collectibles seeing growing adoption across media, entertainment, music, sports, and more.

Whether you’re a creator looking for new ways to monetize your creativity using cutting-edge technology or a pioneering collector breaking into Web3 for the first time, this simple, step-by-step tutorial teaches you how to mint (create) your first NFT.

To follow along with this tutorial, you should already be familiar with the MetaMask (or any other OpenSea-compatible) wallet.

What Is an NFT?

Before looking into how to create an NFT, it’s essential to understand exactly what an NFT is. NFTs are non-fungible, or unique, tokens, which means that no two NFTs are ever the same, even if they might look the same. This is because each NFT has a unique identifier. You can think of this like a barcode. Even if the same image is attached to two different NFTs, you’ll be able to tell the difference by their barcodes.

This is also what makes NFT extremely powerful for creators. In the past, you could copy digital art endlessly, and there was no way to tell one file from the other. Now there is—and that’s just scratching the surface of what makes NFTs a paradigm-shifting technology.

To dive deeper into the technical aspects of NFTs and what they can do, check out What Is an NFT?

What Does It Mean To “Mint” an NFT?

Minting an NFT means creating a unique token on a blockchain. Only after minting an NFT is the digital collectible stored on the blockchain.

It’s important to know what is being stored during the minting process. It could be an entire work of art, in which case the entirety of the NFT and its metadata is stored “on-chain,” or it could be a reference to information stored off-chain using a tool like IPFS. Regardless of the data being stored, the simplest way to think about minting is as the process of creating an NFT.

Minting Your NFT

So you’ve decided you’d like to mint your first NFT. How do you get started? You could use an NFT marketplace like OpenSea or mint directly onto the blockchain via a smart contract. Let’s take a look at both methods.

Minting an NFT on OpenSea

Minting an NFT on OpenSea is straightforward. It consists of two steps.

  1. Connect your wallet to OpenSea.

  2. Click “create” and fill in the relevant information.

Note, if you don’t have a collection, you may need to create that first. There are instructions in the “Collection” section to help.

If you want a more programmatic approach to minting NFTs, deploying a smart contract to a blockchain like Ethereum could be a better option.

Minting Directly From Smart Contracts

  1. Check if the contract has been verified.

If you come across a contract for an NFT project and want to mint directly from a tool like Etherscan, you can do that if the contract has been verified. The checkmark next to “Contract” is the first thing to look for. This means the contract is verified.

How to Mint an NFT (Simple Step-by-Step Guide) | Chainlink (1)

If the contract has been verified, you should be able to interact with it from Etherscan directly.

2. Follow the GIF tutorial below.

You’ll need to select “Contract” then “Write Contract.” Once there, you should see the functions you can interact with. You’ll be looking for the mint function; it might be named safeMint. After you connect your wallet and provide your address, you should be able to mint the NFT to your wallet. Follow along with the GIF below to get started.

Minting NFTs by Creating a Smart Contract

Building smart contracts to mint NFTs is a more in-depth topic. The tutorials below will walk you through the various processes.

  • How To Create an NFT Game
  • How To Create an NFT
  • How To Build an NFT Marketplace With Solidity and Hardhat
  • How To Create Generative Art NFTs
  • How To Create NFT Domain Names
  • Build, Deploy, and Sell Your Own Dynamic NFT
  • How to Build Dynamic NFTs on Polygon

Frequently Asked Questions (FAQ)

How much will it cost to mint an NFT?

The cost of minting an NFT depends on the method you use and the state of the network at the time you’re minting. If cost is a concern, NFT marketplaces such as OpenSea have a “lazy minting” function, which enables you to sell an NFT before it’s minted—with the buyer paying the cost.

How can I sell my NFT?

Selling an NFT is simple if you use an NFT marketplace. For example, OpenSea, Nifty GateWay, Rarible, SuperRare, and X2Y2 are all prominent NFT marketplaces many NFT creators use to sell NFTs.

How do I mint an NFT on another blockchain?

The NFT minting process is very similar for other blockchains if you mint an NFT through marketplaces like OpenSea. However, there may be blockchains that are not supported by a specific marketplace. A good place to find more information on which blockchains are supported is a marketplace’s help page.

Where To Go From Here

If you’d like to learn more about building a successful NFT project, check out this guide, which details the essential steps and considerations for getting your project off the ground—NFT projects are more than the code behind the images.

To learn more, visit chain.link, subscribe to the Chainlink newsletter, and follow Chainlink on Twitter, YouTube, and Reddit.

DevelopersEthereumNFTs

How to Mint an NFT (Simple Step-by-Step Guide) | Chainlink (2024)

FAQs

How to Mint an NFT (Simple Step-by-Step Guide) | Chainlink? ›

To mint on Ethereum, the most popular blockchain for NFTs, you'll usually have to pay gas fees, which can get costly. Along with listing fees and commissions, your costs could range anywhere from $0.01 to $1000.

How much does it cost to mint 1 NFT? ›

To mint on Ethereum, the most popular blockchain for NFTs, you'll usually have to pay gas fees, which can get costly. Along with listing fees and commissions, your costs could range anywhere from $0.01 to $1000.

Is it possible to mint an NFT for free? ›

To mint NFTs for free, select a platform like OpenSea, Rarible, or Mintable that supports gasless minting or blockchains that don't impose fees for minting NFTs. Then, just create an account, upload your digital content, fill in the required details, and initiate the minting process.

What is a lazy mint? ›

Lazy minting is a technique for creating non-fungible tokens (NFTs) that delays the minting process until the NFT is purchased. This approach contrasts with traditional minting, where the creator pays upfront gas fees to mint the NFT before it is listed for sale.

How to mint your first NFT? ›

How to mint NFTs
  1. Connect your wallet. To get started, you'll first need to open a crypto wallet and then connect it to the NFT marketplace. ...
  2. Create your first item. ...
  3. Make sure your wallet is funded. ...
  4. List your NFT for sale. ...
  5. Manage your NFT business.

How much can a beginner earn from NFT? ›

People who create a successful NFT can demand anywhere from hundreds of thousands to millions of dollars, depending on the type of NFT, the liquidity and depth of its trading market, the amount of buzz surrounding it, the number of other projects in the same niche or industry that it competes with for users and ...

How much does 1 NFT cost? ›

0.00831400 USD

How much is a single NFT worth? ›

NFT to USD
AmountToday at 5:34 am
1 NFT$0.0085
5 NFT$0.0425
10 NFT$0.0849
50 NFT$0.4247
4 more rows

How much is a gas fee for NFT? ›

The gas price is the fee you pay to the blockchain and plays a crucial role when it comes to creating NFTs. Therefore, your cost to mint NFT may range as low as $0.01 and go into thousands. However, the gas fee associated with minting NFT can cost you an average of $500.

Is minting an NFT taxable? ›

Minting an NFT is not a taxable event unless there is a cost to mint. If there is a mint cost, there is a taxable event. For example, if a given NFT costs 0.1 ETH to mint, that would be considered a trade of 0.1 Eth for the NFT. As outlined above, gas expenses for minting are taxable.

How to start NFT without money? ›

How to Create an NFT for Free?
  1. Create a MetaMask wallet account.
  2. Create your OpenSea account and connect the MetaMask wallet.
  3. Create your unique NFT collection.
  4. Choose Polygon Network.
  5. Start your minting journey!
Oct 17, 2023

How to claim free NFT? ›

How To Earn Free NFTs
  1. Participate in Play-to-Earn (P2E) NFT Games. ...
  2. Engage in Social Media Giveaways. ...
  3. Explore Airdrops Opportunities. ...
  4. Breeding in NFT Games. ...
  5. Opt for Free NFT Mints. ...
  6. Participate in Community Events. ...
  7. Keep an Eye on New Projects. ...
  8. Twitter and Discord Giveaways.

What is a ghost mint? ›

A vigorous climber once established where new leaves emerge lime to almost white and slowly fades to a lovely matte green.

What is a monkey mint? ›

The Monkey Mints strain was bred by Exotic Genetix by crossing Grease Monkey and Mint Chocolate Chip. Known for its strong aroma, emitting a skunk and diesel essence, characteristic of the terpene caryophyllene. Monkey Mints is the ideal strain for someone looking for a relaxing, full body high.

How to cheaply mint NFTs? ›

How to reduce NFT minting costs?
  1. ‍Lazy minting.
  2. Minting the NFTs over a period of time.
  3. Reducing the number of transactions.
  4. Reducing transaction size.
  5. Use a Layer-2 scaling solution.
  6. Waiting for further developments.

How much does it cost to start an NFT? ›

NFT creation involves several costs, which vary depending on the chosen blockchain and marketplace. These costs can range from as low as $0.05 to over $150 per NFT. The primary factors influencing these costs include blockchain fees, gas fees, marketplace account fees, and listing fees.

Can anyone build an NFT? ›

Anyone can create an NFT on their own, they just have to open a crypto wallet and create an account. Platforms like OpenSea, Coinbase and Rarible can facilitate this process.

Do you need money to start an NFT? ›

You don't need to be loaded to get started with NFTs. You just have to approach the market the right way and look for suitable opportunities. Let's go through a few ways that anyone can use to get into NFTs with no money and earn profits with them.

Can you make money creating an NFT? ›

The most direct way to make money with NFTs is by creating and selling them. As an artist or content creator, you can tokenize your work, turning it into a unique, tradeable asset on the blockchain. Creating NFTs for profit is easy — here's how you can get started: Choose your art medium.

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