What is an NFT?
Non-Fungible Token (NFT) is a token that resides on the blockchain and represents a unique, one-of-a-kind digital asset. NFTs can be listed and sold at various marketplaces and provide a revenue stream for content creators.
NFT Components
Permanent and immutable content with metadata stored in IPFS. Minting an NFT is a 2-step process
Step 1 Upload GIF with information to IPFS for permanent storage and to generate metadata.json file.
Step 2 Mint Ethereum Non-Fungible Token (ERC-721) using MetaMask wallet. During the minting process, a link to IPFS metadata will be embedded in the token, creating a permanent and immutable two-part digital asset.
Smart Contract
GIFRun runs Ethereum smart contract
GIFRUN NFT to mint NFTs.
MetaMask is required to mint Ethereum tokens.
