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  • Welcome to NMKR Docs
  • Introduction
    • About NMKR
    • Powered by NMKR
    • What is an NFT?
      • What is IPFS?
    • Why Cardano?
  • NMKR Studio
    • Introduction - NMKR Studio
    • Features Overview
    • 🖥️Learn NMKR Studio in 3 minutes
      • Basic Workflow
    • How to - Quick Start Tutorials
      • Quickstart Full Video Tutorial
      • Guidelines Planning a Project
      • How To Add Tokens
      • How to set up Metadata
      • How To Sell Tokens
      • How To Set Up Sales Conditions
      • How To Do a Reveal
      • How To Burn Tokens
      • How To Enable Royalties
      • How To Enable DIDs
      • How To Set up Whitelisting
      • How to Airdrop Tokens
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        • Managing policies
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      • Export Metadata as Zip
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      • Manage Tokens Tab
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        • Metadata Standard for fungible Tokens
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        • Sales conditions depending on policy ID or stake pool
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  • NMKR Studio API
    • Introduction - NMKR Studio API
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        • Create unique NMKR Pay Link for random Token sales
        • Create NMKR Pay Link for specific Token sales
        • Get Payment Address for single NFT sales with native Tokens
        • Create NMKR Pay Link for a multi-specific Tokens sale
      • Minting
        • Manual Minting
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    • API Open Source Contributions
  • NMKR Mint
    • Introduction - NMKR Mint
    • Mint single NFTs
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    • Introduction - NMKR Playground
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On this page
  • What is an NFT?
  • What is a blockchain?
  • What is metadata on an NFT?
  • How are NFTs stored on the blockchain?
  • Where are the images stored
  • Non-Fungible Tokens and Fungible Tokens in NMKR Studio
  1. Introduction

What is an NFT?

Learn the basics about NFTs and how they work

PreviousPowered by NMKRNextWhat is IPFS?

What is an NFT?

A non-fungible token (NFT) is a unique and non-interchangeable unit of data stored on a digital ledger. NFTs can be used to represent easily-reproducible items such as photos, videos, audio, and other types of digital files as unique items, and use blockchain technology to establish a verified and public proof of ownership.

What is a blockchain?

The most famous blockchain is that of Bitcoin, which had the critical innovation of allowing a Trustless group to verify transactions without the need of a central authority. Blockchains are a specialised form of distributed database, commonly used to store information such as a transaction ledger. Most Cryto-related blockchains are designed to be highly secure, decentralised and immutable, which essentially means that the information in the blockchain is distributed across many actors who must all reach a consensus for a new block to be formed. Once the information is added to the blockchain, it can never be edited or deleted.

What is on an NFT?

Metadata is data that provides information about other data; in the case of an NFT, it describes that NFT's essential properties, including its name, description, and anything else its creator feels is important. In many cases, an NFT's metadata also contains links to the images and other "primary" digital assets that give an NFT its value.

How are NFTs stored on the blockchain?

The process of initially storing the NFT onto the blockchain is known as Minting. Minting an NFT requires a fully operational Cardano Node (a server connected to the blockchain) and various other technical requirements. NMKR Studio allows anyone to use our specially designed infrastructure, to Mint NFTs using an intuitive user interface.

One of the many unique differences between Cardano and all other blockchains is the ability to create, interact and destroy custom tokens in a native way. This means besides sending and receiving the official currency ADA, you can also interact with custom assets (NFTs) without the need for smart contracts.

In addition, all information regarding the NFT is stored in the Native Token Minting Transaction Metadata. With this, can pull the metadata from the native assets to display the NFT in the intended form.

Where are the images stored

The most common way to store the files for NFTs is to upload and pin them to . These files are then linked in the metadata to the specific NFT via unique IPFS hashes. If you want to learn more about this topic, please read "".

Besides the off-chain storing of files with IPFS, you can actually also have fully immutable on-chain NFTs with Base64 images. These images are most commonly used to embed image data in other formats such as HTML, CSS, or JSON. The browser does not need to make an additional web request to fetch the file when image data is included within an HTML document because the image is already embedded in the HTML document.

Non-Fungible Tokens and Fungible Tokens in NMKR Studio

NMKR Studio allows you to create NFTS as well as FTs, to learn more about that, please read the .

metadata
Cardano wallets like Nami, Daedalus and Yoroi
IPFS
What is IPFS?
Token documentation of NMKR Studio