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Minting refers to creating new cryptoassets on a blockchain, whether as discrete non-fungible tokens (NFTs) such as ERC-721s or arbitrarily sized pools of fungible tokens such as ERC-20s.

Though both involve the creation of new cryptoassets, token minting is distinct from token mining. While mining involves performing work to earn new tokens through block rewards, minting tokens involves creating smart contracts that document and verify data about the specific token.