What Is Minting?

Minting an NFT, is the process of creating a unique digital asset and publishing it on a blockchain and creating the unique token that represents ownership of that digital file.
Once an NFT is minted, it can be bought, sold and transferred. The value of an NFT can fluctuate depending on demand and rarity.
The process of minting an NFT requires a digital file, a smart contract and frequently a small fee to pay for the gas of the smart contract creation and the creation of the NFT on the blockchain.