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NFTs have proved not to be a conventional trend that is bound to fizzle out after a while but a hugely promising mainstay of being a flexible and convenient medium for commodity exchange. NFTs can be anything, they can be the digital signature, a ticket, a redeemable item such as an art piece ranging from paintings to music of which assumes cryptographic form on a blockchain. They can be proof of ownership of
sneakers chocolate that when presented at a confectionery store is burned to redeem a
physically tangible piece of sneakers chocolate.

NFTs have become trendy because of their ease in being used as a convenient vehicle for abstract and tangible commodities and are also trusted due to the security they also come with because they are traded on a blockchain. With this knowledge about NFTs, it’s time we knew how they are created and traded.

The past couple of years have seen the ever-growing trend of NFTs globally, and maybe if Jack Dorsey had been patient until now, his first tweet would have sold for far higher than the 2 million dollars he sold it for, Just a thought. In the previous paragraph, this article made mention of one of the attributes of NFTs for which they are being conveniently adopted as a preferred method of trade, this attribute is the trust and
security in NFT transactions because they happen on a blockchain.

What then is blockchain? An easy definition is a computer protocol that runs independently on its own without the involvement or interference of a 3rd party regulating or controlling it. This makes the program immutable since there are no
humans in charge of it whence no error, latency, or trust issues can be incurred in running it. On the blockchain, decentralized applications can be built called Dapps.

In the wake of all this information, you might still think, How are NFTs made? Well, an NFT is made through a process called minting. Minting is the creation of a digital format which is a cryptographic representation of an asset (paintings, photography, video clips, or commodity) that can be hosted on a blockchain for sale.

Just like you might have rightly guessed, all the technical terms that have been used so
far in explaining NFTs and how they are created suggests there would be some complexity with understanding this new vehicle for abstract commodity exchange.Yes, you guessed right, understanding NFTs as to engaging them for convenience in commodity trading can be quite complex and hard to understand for newbies in the industry.

This is where mintbase comes in, a globally decentralized platform that aids NFT newbies by simplifying the process of creating NFTs (minting) and trading them With ease compared to other NFT marketplaces. Mintbase Is an open-source decentralized platform that allows for convenient NFT commerce with its easy interface which allows NFT creators to mint their NFTs with little or no technical knowledge or digital hassles.

Mintbase still adds more value through its wholly decentralized autonomous technology by allowing NFT creators the freedom to program their smart contract, each store in Mintbase is a smart contract and the owner of it can add other minters to the contract. This means you can allow them access to mint in your store without having them pay the 6.5 NEAR deployment fee of creating a new store.

Mintbase compared to other NFT marketplaces is interface friendly, inexpensive and
grants the NFT creator much power and control over the affairs of their NFT minting and
trade. You can choose to split the revenue and royalties of each NFT to up to 50 people
by simply adding their NEAR wallet address to the NFT when creating it.

Mintbase is a growing NFT creation platform due to the inexpensive cost of deploying an
NFT store. This is enabled by running on the NEAR protocol, a fast-growing web3
ecosystem that enjoins developers to build on its eco-friendly proof-of-stake blockchain.

The NEAR protocol uses its native NEAR token for storage and transaction validation on
its blockchain. Mintbase’s collaboration with the NEAR protocol means that NEAR uses
its NEAR token for value exchange and credential validation on its platform

With its positive perks in an arsenal of NFT commerce benefits, Mintbase is steadily
expanding its tentacles within the global NFT space and is projected to dominate a
significant market share in the time to come.

Evidence of this projection is in the growth
that Mintbase has accrued itself within the past couple of months of its affiliation with the
NEAR protocol. This is a testament to the number of stores deployed on the Mintbase
platform and NFTs sold. If you are an aspiring NFT artist or creator who wouldn’t want to
meddle in many technical intricacies, Mintbase is the right place for you. Create on
Mintbase today and experience firsthand, “The Ease Place of Mintbase”