What are the functions of minting for launching PFP NFT?

Minting plays a vital role in the launching of PFP (Profile Picture) NFTs. Minting refers to the process of creating and tokenizing unique digital assets, in this case, PFP NFTs. The function of minting involves assigning a distinct identity and ownership to each PFP NFT so that it can be bought, sold, and traded on various NFT marketplaces. Minting also establishes the authenticity and scarcity of these assets by utilizing blockchain technology, primarily through platforms like Ethereum. By minting PFP NFTs, creators can offer their digital artwork as collectible and tradable assets, allowing users to showcase their ownership and use these NFTs for personal branding or online identity purposes.

This mind map was published on 19 September 2023 and has been viewed 33 times.