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WHAT IS BURN IN NFT

Burning (or “doing a Burn“) in crypto and NFT means permanently removing an asset from the Blockchain, whatever that asset may be.

The burn process varies depending on which Blockchain you’re using, and the effects will differ accordingly.

On solana, for example, burning SPL tokens and NFTs is very common, since you get a small amount of SOL back in return.

On networks like BSC, burn mechanics built into tokens are very common: for instance, in NFT games to reduce the token’s supply.