Asteroid Protocol Issues Free CFT-20 Tokens
Cosmos Inscriptions are a type of NFT (Non-Fungible Token) issued on the Cosmos blockchain network. You can now create these Cosmos Inscriptions and CFT-20 tokens through the Asteroid Protocol. Here is a guide on how to mint free CFT-20 tokens on Cosmos Inscriptions and Asteroid Protocol.
Cosmos Inscriptions: Check out the video before issuing free CFT-20 tokens!
What is Cosmos engraving?
Cosmos inscriptions are a type of NFT issued on the Cosmos blockchain network. Inscriptions are essentially individual JPEG images that are permanently recorded on the Cosmos blockchain. This concept is deeply related to the Cosmos Hub’s Ordinals protocol, but extends to the Cosmos ecosystem as well. They can be minted and traded within a community depending on their scarcity and desirability, and can potentially hold significant value. These inscriptions are unique and collectible, similar to how NFTs work on other blockchains like Ethereum.
How to issue Cosmos Inscriptions (CFT-20 tokens) for free?
necessary time: 5 minutes
Here’s how to issue Cosmos Inscriptions (CFT-20 tokens) for free.
- Wallet Settings
Download and set up your Keplr or Leap wallet.
- Fund your wallet with Cosmos ($ATOM) tokens
To stake with a validator, you need to purchase or transfer Cosmos $ATOM tokens to your Keplr wallet. You can purchase Cosmos $ATOM tokens on major exchanges such as Bybit. Note: 1 ATOM allows approximately 2000 inscriptions.
Join Bybit here!
- Connect to Asteroid Protocol
Connect your wallet to https://asteroidprotocol.io/app
- Inscription ready
Select the type of JPEG image you want to insert into the blockchain. This JPEG image then becomes the token. The minimum size of JPEG should be 250×250 and the maximum size should be 1024×1024. There is also a maximum file size limit of 550kb.
- CFT-20 Token Creation
Click “CFT-20 Token” and then “Create”. You can generate tokens here. Enter token information such as title and ticker. Also define the maximum supply of your token and then set the maximum amount that can be minted at one time. Upload your JPEG and click “Create Token”. You must pay transaction fees in $ATOM.
- View CFT-20 tokens
Go to “CFT-20 Tokens” and “Browse” to find the token using the ticker you assigned. Then click “Mint”. The number of times you can mint is determined by the amount of ATOM in your wallet, and you must click “Mint” each time to mint one token. Epitaph has not yet begun trading. However, once the marketplace opens, you can start making and preparing mint.
conclusion
Cosmos Inscriptions are a type of NFT (Non-Fungible Token) created on the Cosmos blockchain network. You can now generate these Cosmos inscriptions and CFT-20 tokens via the Asteroid Protocol. This is a little-known but potentially valuable path that could provide exciting opportunities in the Cosmos Hub. Our guide on how to mint free CFT-20 tokens on Asteroid Protocol makes it very simple and worth a try. Plus, you can mint CFT-20 tokens for free for a limited time only!
