Non-fungible tokens, popularly known as NFTs, are get more info a new form of digital asset. These assets have exploded in popularity, with a significant contribution coming from the art industry. But how exactly are NFTs minted? And can this process be done for free or even with the help of artificial intelligence?
Minting NFTs involves creating a unique digital certificate of ownership that can be bought, sold, or traded on the blockchain. The process requires certain technical knowledge as well as an understanding of blockchain technology.
With AI's advancement, the NFT minting process can be far more comprehensible and effortless. AI can help generate art for NFTs, apply filters, adjust settings, and even assist in the minting process.
You don't have to be an AI or blockchain expert to create NFTs with AI. There are platforms where you can generate AI art for free and convert it into an NFT.
Minting NFTs, regardless of how they are created, often comes with costs, including platform service fees or so-called 'gas fees' for the energy used in the transaction. Nevertheless, there are some platforms that allow free NFT minting, though they may have specific terms and conditions.
When an NFT is minted, it becomes public on the platform for potential buyers to see. The value of an NFT is largely based on the demand for it - the higher the demand, the greater the potential value.
In summary, introducing AI into the NFT landscape makes the creation and minting processes more straightforward. Although not entirely free, it broadens the horizon for everyone to delve into the thrilling field of NFTs.