Metaplex calls this object a Core asset. It is the Core NFT you mint into a Core collection. This form does not mint compressed NFTs or classic Token Metadata NFTs.
Core is a Metaplex NFT program. A collection and its assets are Core accounts, not SPL token mints. Plugins such as royalties and attributes live on the asset when you enable them in this form.
A traditional Metaplex NFT is a token mint plus a metadata account. A Core asset is one account. Wallets that support Core show it as an NFT. Marketplaces and indexers that only read Token Metadata will not see it the same way.
The owner wallet holds the asset. Update authority can still change metadata until you make it immutable. Use Update Metaplex Core NFT metadata for later edits. Network fees vary. This page does not quote a fixed SOL cost.
Related tools
Create a Core collection
Create the collection this asset will belong to.
Update Core NFT metadata
Edit a Core asset after mint if you still hold update authority.
Create a compressed NFT
Mint a Bubblegum cNFT when you want the cheaper compressed path.
How to create an NFT on Solana
See how Core, compressed NFTs, and Token Metadata differ.