How to mint new projects/NFT on Solana?

What is Solana?

Solana, a highly functional open source project that implements a new, permissionless and high-speed layer-1 blockchain. Solana blockchain has proposed a hybrid consensus mechanism that compromises on decentralisation to maximise speed.

Solana is able to challenge the dominant smart contract platform, as it is capable of reaching a processing speed of over 400 millisecond block times. Application of different consensus algorithms by Solana is done to avoid slow transaction confirmation. This feature enables Solana to become one of the fastest blockchains to compete with other industries.

Marketplace of Solana

There are many upcoming GameFI projects eg.,Defi Land, Star Atlas, Solchicks, etc in Solana. There’s a new influx of NFTs projects which you can get from NFT marketplaces like Solanart, Magic Eden, Solport, or Solsea on Solana. However, in order for players to exchange a token, players will need to purchase ETH from the exchange, bridge it to Solana network, players will need to have polygon network in their wallet to approve the transaction. The whole process will take quite a long time and is subject to Solana bridge availability.

Alternatively, it actually can ease the process of minting their own NFT on Solana by purchasing Solana (SOL) from https://tokenbinder.com/

Here’s a step-by-step guide on

how you can mint your own NFT on Solana:

1. Create a Phantom Wallet

  • Go to Phantom.app and download it as an extension to your browser.
  • Click on Create New Wallet.
  • Fill in the details.

2. Add Funds To Your Wallet

  • Create an account on app.tokenbinder.com
  • Place order and start a trade for SOL
  • KYC verification via Whatsapp
  • Make payment. Game credit will be received in a few minutes.

3. Connect wallet

  • Go to NFT marketplace on Solana eg., Magic Eden,  Fractal.is.
  • Connect wallet
  • After connecting your account, a sign-in page will pop up. Enter your primary email and a password of your choice. You’ll need to agree to the terms and conditions to register.
  • Once registered, the platform will send you an email and your wallet will automatically connect.
  • Next, you’re ready to browse & mint your favourite collection!

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