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The video covers how to use Venly’s NFT API to create and distribute NFTs efficiently. Key points include:
1. Create Contract Endpoint: This endpoint deploys a smart contract on a blockchain (like Avalanche), which acts as an NFT collection housing all minted NFTs.
2. Check Contract Status: After deploying a contract, this endpoint checks its on-chain status (e.g., “PENDING” or “SUCCEEDED”).
3. Create Token-Type: This acts as a template for NFTs, allowing multiple tokens to be minted from a single defined type with attributes like name, description, and image.
4. Mint Tokens: This endpoint mints NFTs to wallet or email addresses. The mass minting feature allows minting multiple NFTs at once, reducing API calls and increasing efficiency.
5. Check Token Mint Status: This verifies whether the NFT minting was successful and returns a unique mint ID and transaction hash for tracking.
The tutorial highlights using the API efficiently to deploy, create, and mint NFTs while reducing costs and API calls.
Venly developer documentation: https://docs.venly.io
date : 2024-11-28 07:01:22
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Understanding the Basics of NFT API – Venly
In this transcript, a 30-year-old Web 3 DeFi tech editor walks through the basics of the NFD API, a platform that enables the creation and distribution of NFTs (Non-Fungible Tokens). The NFD API allows users to create NFTs with various media formats, including images, videos, audio, and animations, and supports multiple blockchain chains, including Avalanche (C-chains).
The editor demonstrates the process of creating an NFT collection (contract) on Avalanche, specifying the contract name, description, image, external URL, and blockchain chain. The API returns a deployment ID and transaction hash, which can be used to track the on-chain status of the NFT contract.
The editor then explains how to check the contract status and create a token type, which is an NFT template that defines the attributes of an NFT. This template can be used to create multiple NFTs. The process involves specifying the chain, contract address, and creation ID of the token type.
Finally, the editor demonstrates how to mint tokens using the previously created token type, either to a wallet address or an email address. The API returns an array of minted tokens, each with a unique ID that can be used to check the minting status.
Some interesting general Web 3 facts:
- NFTs are unique, non-transferable, and verifiable units of digital scarcity, making them valuable for art, collectibles, and digital ownership.
- Blockchain technology is the foundation for NFTs, providing secure and decentralized storage and verification.
- The NFD API is a platform-agnostic solution, allowing developers to create and manage NFTs on various blockchain chains, including Avalanche (C-chains).
