Metapedia - [ 3MetaDictionary ]
June 22, 2022

NFT terms you need to know: Mint and Burn!

By getting up to speed with the most commonly used terms in the NFT community, you can navigate this new terrain.

When you mint an NFT, you are uploading an artwork file to the blockchain platform. After the verification process, the file will be converted to a digital asset, that is, a NFT. Meanwhile, "burning an NFT" is the process of permanently removing it and your rights to the work from the blockchain.
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