Define: Minting
Minting means the process using certain technology to create, authenticate, and record new blockchain tokens or NFT entities
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
Minting means the process using certain technology to create, authenticate, and record new blockchain tokens or NFT entities.
Relevant Circumstances
- When a company wants to launch its own cryptocurrency
- When a company wants to make use of blockchain technology within their services