Minting an NFT collection
The purpose of analyzing all the tools in this section is to create or modify images that we can sell or the artistic team we support will sell. Once we have generated the images, we want to “own” them in the Web3 sense, as explained in Chapter 4. To achieve this, we will create a collection in a marketplace.
Minting is the act of creating the digital trace of an item on the blockchain. As we saw when describing ERC 721, it means that the trace will point to a URL containing the stored image. Everything that is stored on the chain pays a gas fee.
The concept of lazy minting has emerged rather recently. Lazy minting involves authorizing the platform to mint the NFT at the moment of the NFT sale and not before. This is important because minting involves gas expenditure, and, in moments of high congestion, gas prices can be high. In addition, lazy minting helps reduce the risk of creating a collection that may not be sold high enough to cover...
