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Creating and Minting NFTs Flashcards

7 cards from real NFT practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 7 Creating and Minting NFTs flashcards as text

  1. What does 'lazy minting' mean in the NFT context?

    Answer: Deferring on-chain minting until the NFT is purchased

    Lazy minting lets creators list NFTs off-chain and only triggers the actual blockchain minting when a buyer purchases, saving upfront gas fees.

  2. Which file format is most commonly recommended for high-quality NFT art that also supports animation?

    Answer: GIF

    GIF supports animation frames and is widely accepted across NFT marketplaces, making it popular for animated NFT art.

  3. What is a 'collection' in NFT terminology when minting art?

    Answer: A smart contract grouping multiple related NFTs under one identity

    A collection is a smart contract that groups related NFTs together, giving them a shared identity, floor price, and metadata structure on marketplaces.

  4. When setting royalties during NFT minting, what percentage range is typical for digital artists on most platforms?

    Answer: 5–10%

    Most NFT artists set royalties between 5% and 10% of secondary sale price, balancing collector appeal with ongoing creator revenue.

  5. What is the purpose of the 'token URI' stored in an NFT's smart contract?

    Answer: To point to the metadata JSON file describing the NFT

    The token URI is a URL or IPFS hash pointing to a JSON metadata file that contains the NFT's name, description, image link, and attributes.

  6. Which of the following best describes 'on-chain' NFT storage?

    Answer: Encoding the artwork and metadata directly into the blockchain itself

    On-chain storage encodes the actual artwork data (often as SVG or base64) directly in the smart contract, making it permanent without external dependencies.

  7. What risk does an NFT face if its metadata is hosted on a centralized server (not IPFS or on-chain)?

    Answer: The metadata or image can disappear if the server goes offline

    Centralized hosting means the server owner can remove or change the image and metadata at any time, potentially leaving buyers with a broken or altered NFT.