NFTs and Blockchain

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NFTs and Minting

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What are NFTs:

NFTs (Non-Fungible Tokens) are digital assets based on blockchain technology. To explain this simply and comprehensibly, let’s break down the terms:

Token: A token is a digital representation of something valuable. In the crypto world, it can represent ownership of assets, such as cryptocurrencies or, in this case, NFTs.

Non-Fungible: The term „non-fungible“ means that each token is unique and not interchangeable. Unlike cryptocurrencies like Bitcoin or Ethereum, which are interchangeable with each other, an NFT represents something one-of-a-kind.

Digital Assets: NFTs are digital assets that can take various forms, such as digital art, music, videos, game items, or even virtual properties in online worlds.

Blockchain: A blockchain is a decentralized and secure database that stores information about transactions. Each NFT is registered on the blockchain, ensuring transparency and immutability.

In simple terms: An NFT is like a digital certificate that confirms the uniqueness and authenticity of a digital object. It could be a digital painting, a video clip, or even a virtual cat in a game.

Each NFT has a unique identity and can be traced to who owns it and when it was created. If someone owns an NFT, they have ownership rights to that specific digital object. This uniqueness and clear ownership make NFTs particularly attractive to artists, collectors, and creatives who want to create or own digital content.

What does it take to mint an NFT:

MetaMask Installation:

Download the MetaMask extension from the official website and install it for your web browser.

Create an Account:

Open MetaMask after installation and follow the instructions to create a new account. You will also create a security password and a recovery phrase.

Get Ether (ETH):

You need ETH to pay for transaction gas fees. Purchase ETH from a cryptocurrency exchange and then transfer it to your MetaMask account.

Steps to Mint the NFT:

Click on the light green button above or on this link to access our Aurora Mysteria NFTs:

Connect Your MetaMask Account:

You will be prompted to connect your MetaMask account. Look for a „Connect Wallet“ button or similar.

Mint Your NFT:

Enter the desired quantity of NFTs you want to mint. Then click on „mint.“

Set the Gas Fees:

MetaMask will prompt you to confirm the gas fees. These fees are necessary to process transactions on the blockchain. Ensure your MetaMask account has enough ETH for the gas fees.

Confirm the Transaction:

After entering the information, confirm the transaction through MetaMask. It will take some time for the transaction to be completed, especially if the Ethereum network is heavily congested.

Verify Your Minted NFT:

After a successful transaction, you can verify your minted NFT on the platform or in your MetaMask gallery.

Here is a simple video, which explains NFTshort and easy