If you’re reading this, chances are you want to know how to create a Cardano NFT. No worries, we’ve got you covered. In this post, we’re going to show how to create cardano nft: one with a fixed supply and one that grows its collection over time. For both types, we’ll walk through the steps for creating these tokens step by step and show examples of code for each so that you can interactively build your token.
This is the simplest type of nonfungible token. These have a value that is not expected to grow over time, and their total supply is static. This makes them great for representing cards, game pieces, in-game currency, collectible items, and other tokens like these.
When creating a static supply token, we can limit the total tokens to no more than 1 billion and give each new token a fixed amount of tokens. For this tutorial, we’ll create a static supply token with 1 billion tokens total and provide each new token an amount of 100,000 tokens.
Cardano NFTs are fungible, which means that each token is complete, unique, and the same as every other token. As a result, it’s best to use a fixed supply token to represent each card.
When creating a fixed supply token that sits at 1 billion tokens total and has a 25% annual inflation rate, we should be able to create a maximum of 1 million tokens per second. That means that we can effectively create 250 million tokens over one year in one transaction — enough for our purposes.
Cardano is a cutting-edge blockchain that allows for enormous levels of customization. With the ability to create our own NFTs, we can create tokens and representations of gamer items, cards, and currency using their very simple programming language. This will help us build applications that are looking to use blockchain technology but don’t want to reinvent the wheel in terms of creating their tokens.