noun

minting

MIN-ting

Minting (noun) means 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. Example: “Minting opened at noon and the whole collection was claimed in under an hour.”

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."

"The minting process failed twice before the transaction went through."

The manufacture of coins from metal by an official mint.

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

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."

How to use minting

Learner’s notes

In plain EnglishMaking a new token or NFT exist on a blockchain for the first time.

When to use it

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

Memory tip

Minting is not mining. Minting creates a specific new token as a deliberate act; mining is the process by which some blockchains validate transactions and, on those chains, release new currency as a by-product.

Trace the full origin ↓

Easily confused with

burning → airdrop → mining →

Common pairings

minting fee open minting mint an NFT minting date

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Fill the gap

Can you complete this real example?

_____ opened at noon and the whole collection was claimed in under an hour.

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.

Origin: English

Synonyms

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issuance creation issuing creating generating coinage striking

Antonyms

burning

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Rhymes for minting

hinting painting pointing fainting printing squinting sprinting disappointing

See all rhymes for 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.

What is the meaning of minting?

"minting" (noun) means 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.

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