Minting
Minting is the process of creating new tokens or NFTs on a blockchain. It's the first time an asset comes into existence on-chain.
Understanding the Concept
Understanding minting helps you evaluate token economics and participate in launches. For tokens, minting can be unlimited (inflationary) or capped (like Bitcoin's 21M). Who can mint matters—if the team can mint unlimited tokens, they can dilute your holdings anytime. For NFTs, minting is how you get early access to collections at floor price. Early minters often profit from secondary market sales. But failed mints mean you paid gas for worthless JPEGs. Research the project before minting. Check if minting is permissionless or controlled.
Real-World Example
A new NFT collection opens minting at 0.1 ETH. You mint 5 NFTs for 0.5 ETH plus gas. The collection sells out and floor price jumps to 0.5 ETH each. Your 0.5 ETH investment is now worth 2.5 ETH.
How Strykr Helps
Strykr tracks Minting developments across the crypto ecosystem. Our AI provides real-time insights and alerts to help you navigate the market with confidence.
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