A minter is an entity or individual that creates new tokens or coins on a blockchain. This process typically involves the use of smart contracts, particularly in networks that support decentralized applications. Minters play a crucial role in the issuance of new assets, often receiving rewards for their work.In many cases, minting new tokens can happen in various ways. For example, in proof-of-stake systems, holders of a specific cryptocurrency can mint new coins by locking up their assets. This action helps maintain the network’s security and functionality.On the other hand, minting in non-fungible tokens (NFTs) refers to the creation of unique digital items, like art or collectibles, making them available for sale or trade on platforms. In both scenarios, a minter helps expand the ecosystem by adding new assets, influencing supply and demand dynamics in the market.