Minting Process

In order to sell a digital asset on the TacVue market, listers will need to first mint their NFT. This token represents the digital asset and will be used as a deed to the file uploaded. Projects are initially minted by collectors but are much more expensive than simple minting.

The TacVue platform will supply the funds necessary for storage until the asset is sold. The first buyer is responsible for covering the fee for Permaweb storage if this option is enabled by the creator. Permaweb storage is a one-time permanent storage cost that guarantees ownership forever.

Permaweb storage is a storage solution that incentivizes quick asset distribution and long-term storage. Arweave storage is a high-end upgrade to current market standards, which we predict to increase asset value in the long-term. A calculator for Permaweb storage costs can be found here.