An NFT (short for non-fungible token) is a blockchain token that points (via a link in the metadata) to a unique digital object, such as an artwork, video, a piece of music, a text file, etc. It’s called non-fungible because no two NFTs have exactly the same characteristics. This distinguishes them from fungible blockchain tokens, or cryptocurrencies, where one unit (such as 1 DOGE) is identical to any other in terms of value and use, though it does have a unique blockchain ‘signature’.
Turning something into an NFT means creating (minting) an NFT token that links to that object. For example, in Rage on Wheels battle cars can be minted as NFTs, with each NFT pointing to an image of a specific vehicle.
NFTs are treated as digital collectibles and traded on dedicated marketplaces. In 2021, weekly NFT sales reached $1 billion for the first time, and individual NFTs often sell for over $1 million.
NFT-based gaming is an important new trend. Characters, artifacts, and in-game land plots can be minted as NFTs and traded for cryptocurrency outside of the game. This could potentially revolutionize the gaming industry in the next few years.
In Rage on Wheels, you can mint your battle cards as NFTs and withdraw them from the game to a BSC-supporting wallet, such as MetaMask. You can also sell them on BSC marketplaces, such as AirNFTs and OpenBiSea.
To mint an NFT, go to the GARAGE tab -> Card Balance, click on Withdraw Button and, pick a card that you haven’t minted yet, and click on Mint. You will need to connect a blockchain wallet that supports BSC-based BEP-721 NFTs (MetaMask is recommended). For a tutorial on activating Binance Smart Chain in MetaMask, see here.
Confirm the minting transaction and the blockchain fee, and the newly-minted asset will appear in the MetaMask NFTs section. Alternatively, use the Import NFTs feature; to find the contract address and collection ID, use the contract address and ID of the minting transaction. You can find this data in the recent transactions tab in the wallet or on BSCScan using the transaction ID from the wallet.