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Personal mint, burning, and updating metadata.
Last updated
Personal mint, burning, and updating metadata.
Last updated
XFORGE offers a convenient feature that allows you to mint an NFT directly from your project's dashboard. You can only mint one NFT at a time. And it's FREE for eligible holders. Watch the quick video tutorial to learn more.
Burning an NFT refers to the process of permanently removing an NFT from circulation by sending it to a special address on the blockchain that is inaccessible to anyone. This is often done to reduce the supply of an NFT collection, which can increase its value and scarcity. XFORGE offers a specific burning address for each policy created. To burn an NFT, simply send the token or NFT you wish to remove from circulation to the designated Burner Wallet associated with that policy.
This is possible when the policy is still open or not locked. It involves minting the same NFT and burning it after. Since you know how to do Personal Mint and Burning, this is easier for you to digest. How does it work, tho?
Each NFT within a policy has a unique Asset Name, which ensures its non-fungibility. To update an NFT’s metadata and image, for example, UnbotheredLycan0001, you must mint a new NFT with the same Asset Name but with updated metadata and image.
The blockchain will then reflect the new details, effectively updating the old NFT. However, this process temporarily makes the token fungible. To restore non-fungibility, you must burn the excess supply or the newly minted NFT.
Here’s how you can do it on XFORGE:
Prepare the revised image and metadata files for the NFT you wish to update. Ensure that they follow the Bulk Upload filename format.
Go to the My Projects tab and select the project with the same policy as the NFT you want to revise, then bulk upload the new image and metadata files.
Do a Personal Mint of the newly uploaded NFT. This will update the image and/or metadata of the old NFT.
Burn the newly minted NFT by sending it to the Burner Wallet provided for that policy to restore the token’s non-fungibility.
