minting

1 antonym for minting — opposites grouped by meaning.

Noun — The act of creating a new token or NFT by recording it on a blockchain for the first time, so that it exists and has a first owner.

Synonyms by Meaning

1. noun

The act of creating a new token or NFT by recording it on a blockchain for the first time, so that it exists and has a first owner.

“Minting opened at noon and the whole collection was claimed in under an hour.”

issuance creation issuing

Opposites

burning

2. verb

Present participle of mint: creating such a token or NFT on a blockchain.

“He spent more on fees than on the artwork itself while minting it.”

issuing creating generating

Opposites

burning

3. noun

The manufacture of coins from metal by an official mint.

“The Royal Mint has been minting coins on the same site for centuries.”

coinage striking

Antonyms

burning

How to use minting

The word patterns that sound natural to a native speaker.

minting fee open minting mint an NFT minting date

Standard in crypto writing, including formal documentation. The word carries its ordinary English sense elsewhere, so context does the work.

Etymology

From mint, a place where money is coined, ultimately from Latin moneta, a title of the goddess Juno in whose temple Roman coins were struck; the blockchain sense borrows the metaphor of issuing new currency.

Full origin of minting →

Frequently asked questions

What is the difference between minting and mining?

Minting is the act of writing a new token or NFT onto a blockchain, usually initiated by a person paying a fee to do so. Mining is the competitive computational process that secures certain blockchains and confirms their transactions. The words sound similar and both can result in new units existing, but they describe entirely different activities.

What is the opposite of minting?

Burning, which sends a token to an address nobody can access so that it can no longer be moved or used. This permanently reduces the number in circulation. Minting adds to the supply; burning takes away from it.

Does minting an NFT mean you own the artwork?

No. Minting creates a token on a chain that records ownership of that token, and the token typically points to an image stored elsewhere. Whether any rights in the underlying artwork transfer depends on the licence the seller offers, which is a separate matter from the token itself.

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creating creation burning striking issuing issuance coinage

Nearby words

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