Issue(r) with making your own Cardano NFTs

Graph of how many tokens got minted over time on the Cardano Blockchain. There’s a significant peak starting mid April.
Minted token over time (Source: https://nativetokens.da.iogservices.io/)

So what’s the problem?

First let us take a look at the lifecycle of a token which can be found in the official documentation for Cardano Developers:

Source: https://developers.cardano.org/en/development-environments/native-tokens/multi-asset-tokens-explainer/

Conclusion

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