Introduction to NFT Minting on Tezos Blockchain
The world of non-fungible tokens (NFTs) has revolutionized digital art ownership through blockchain technology. This guide walks you through creating and selling your first NFT using the Hic Et Nunc platform (now discontinued but preserved for educational purposes).
Important Update (November 2021): Hic Et Nunc unexpectedly shut down its website on November 14, 2021. While the platform is no longer accessible, the blockchain data remains intact. This guide maintains its educational value for understanding NFT workflows on Tezos.
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Getting Started with NFT Creation
Before minting your first NFT, you'll need:
- A Tezos-compatible wallet (we'll use Temple Wallet)
- XTZ (Tezos cryptocurrency) for gas fees
- Digital artwork ready for minting
Step 1: Setting Up Your Tezos Wallet
- Install the Temple Wallet Chrome extension
- Create a new wallet with a strong password
- Securely store your 12-24 word recovery phrase
- Note your wallet address (starts with "tz1...")
Security Tip: Never share your recovery phrase or private keys. Losing access means permanent loss of assets.
Step 2: Acquiring Tezos (XTZ) Tokens
Purchase XTZ through reputable exchanges:
- Credit card purchases (requires verification)
- Peer-to-peer exchanges
- Crypto swap services
👉 Compare exchange rates and fees
Transfer purchased XTZ to your Temple Wallet address. Transactions typically complete within minutes but may take longer during network congestion.
Minting Your First NFT
Step 3: Preparing Your Digital Asset
- Choose your artwork (JPG, PNG, GIF, or MP4 recommended)
Prepare metadata:
- Title (60 characters max)
- Description (500 characters max)
- Tags (5 max)
- Edition size (1 for unique, higher for limited editions)
- Recommended file size under 50MB
Step 4: Minting Process
- Connect Temple Wallet to Hic Et Nunc
- Upload your file and complete metadata fields
- Preview your NFT
- Confirm minting fee (typically 0.08 XTZ)
- Sign the transaction in your wallet
Note: Once minted, your NFT becomes permanently recorded on the Tezos blockchain.
Selling Your NFT
Step 5: Listing Your Creation
- Navigate to "Manage Assets" in Hic Et Nunc
- Select your minted NFT
Click "SWAP" to set sale terms:
- Price in XTZ
- Available editions (for multiple copies)
- Royalty percentage (platform default is 10%)
- Confirm transaction in your wallet
Pro Tip: Research comparable NFTs before pricing. Consider starting low to attract initial buyers.
Customizing Your Profile
Enhance your creator presence:
- Visit your wallet address on TzKT Explorer
Complete the Baking Bad profile form:
- Set display name
- Upload 512x512 profile picture
- Add social media links
- Send verification transaction (small XTZ amount)
- Allow 72 hours for updates
FAQ: NFT Basics on Tezos
What makes Tezos different for NFTs?
Tezos uses a proof-of-stake consensus mechanism, making it more energy-efficient than proof-of-work blockchains. Its self-amending protocol allows for smoother upgrades.
How much does it cost to mint an NFT?
Base minting fees are approximately 0.08 XTZ (~$0.20), plus small network transaction fees. Prices fluctuate with XTZ value.
Can I transfer my NFTs to other wallets?
Yes! NFTs are fully portable across Tezos-compatible wallets using your private keys.
What file formats work best?
Static images (JPG/PNG), animated GIFs, and short videos (MP4) perform well. Large files may have display issues on some platforms.
How do royalties work?
Smart contracts automatically pay you a percentage (typically 5-10%) of secondary sales forever.
Final Thoughts on NFT Creation
The NFT space continues evolving rapidly. While Hic Et Nunc served as an important early platform, today's creators have more options than ever. Remember:
- Start small to learn the process
- Focus on creating meaningful work
- Understand the risks of crypto volatility
- Never invest more than you can afford to lose
Blockchain technology opens exciting possibilities for digital creators. By mastering these fundamentals, you're well-positioned to navigate the evolving NFT landscape.
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