Featured by Binance
Search…
How To Guides
creator spotlight
Platform updates
Support
Terms & Policies
What Information Do I Need Before Creating NFTs?
Before creating an NFT, it is important to understand what NFTs are in the first place.
Introduction to NFTs
An NFT is a unique token living on a blockchain that represents (or points to) some other data, like an image or video. Because they live on a blockchain, NFTs are easily trackable. This tracking allows for verification of their authenticity as well as their past history and owners. Formally, NFTs are smart contracts that people interact with by calling them and then receiving proof of interaction.
On Featured, minted NFTs will live on the Binance Smart Chain, and exist as BEP-721 tokens, which follows the same standard as Ethereum's ERC-721. Each NFT is unique and not interchangeable with any other token.
After understanding what NFTs are, you can get started with creating your own NFT.
Creating a Web Wallet
First, you’ll need a web wallet such as Metamask, Torus, Trust Wallet, or Binance Chain Wallet.
These are Chrome extensions that serve as your virtual wallet and can interact with platforms to buy and sell your NFTs on the blockchain. They function as both a wallet and e-signature.
To get started on Featured, download the corresponding wallet browser extension (for either Metamask, Torus, Trust Wallet, or Binance Chain Wallet), create a wallet on it and then send some BNB to that wallet. You can buy BNB with your credit card on Binance Exchange as well.
Once the transaction is complete, you can send your BNB to your web wallet. That process can take a few days, but you only have to do this when you’re getting started. Once you’re done with that, everything gets easier.
You’re now ready to mint and to buy NFTs!
Last modified 1mo ago
Copy link