Token minting

Token minting is the process of creating new digital tokens or units on a blockchain, similar to issuing new currency. This process is managed through smart contracts or blockchain protocols that define how and when new tokens are generated. Minting can be used for various purposes, such as distributing tokens during an initial offering, rewarding users, or expanding a digital asset ecosystem. Once minted, tokens exist on the blockchain and can be transferred, traded, or used according to their designated function. Essentially, minting adds fresh tokens to the digital environment, increasing the total supply.