Creating new tokens or coins and adding them to the circulating supply.
Minting refers to the creation of new cryptocurrency tokens or NFTs. Once minted, tokens are added to the circulating supply or recorded as unique assets on the blockchain.
Minting can occur in token launches, blockchain rewards, or NFT collections.
How Token Minting Works
For fungible tokens:
A smart contract creates new units
They are allocated to a wallet, treasury, or distribution pool
Token supply increases up to the max supply
For NFTs:
Each mint produces a unique token ID
Metadata (image, traits, attributes) is linked
Ownership is recorded on-chain
When Minting Happens
Token launches and ICOs
Staking rewards
Liquidity mining emissions
Protocol incentives
NFT mint drops
Minting defines how new digital assets enter the ecosystem.
Summary
Minting is the creation of new tokens or NFTs on a blockchain, expanding the supply and recording new assets on-chain.