It’s the cryptocurrency generation process. And it involves adding verified blocks to the blockchain to maintain its integrity through a proof of work (PoW) process. Mining is often laborious and requires high computing power. And because it’s competitive, rewarding the faster block miner, participants invest heavily in the process.
On-chain metadata
Refers to token information about an NFT stored directly on the blockchain; instead of embedding it in the IPFS (InterPlanetary File System).