Because the standard says so.

https://eips.ethereum.org/EIPS/eip-721

/// @dev This emits when ownership of any NFT changes by any mechanism.
///  This event emits when NFTs are created (`from` == 0) and destroyed
///  (`to` == 0). Exception: during contract creation, any number of NFTs
///  may be created and assigned without emitting Transfer. At the time of
///  any transfer, the approved address for that NFT (if any) is reset to none.
event Transfer(address indexed _from, address indexed _to, uint256 indexed _tokenId);
Answer from William Entriken on Stack Exchange
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Stack Exchange
ethereum.stackexchange.com › questions › 126573 › erc721-is-being-minted-to-null-address
truffle - ERC721 is being minted to null address - Ethereum Stack Exchange
April 20, 2022 - BalanceOf, total Supply, did the Mint happen correctly? ... I think your problem is here, the firstMinter is still haven't own the NFT yet before deployed tokenID 1, so the firstOwner is null.
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Reddit
reddit.com › r/ethereum › null address holds newly minted tokens?
r/ethereum on Reddit: Null address holds newly minted tokens?
December 30, 2021 -

Hey! I am trying find out who is holding the game specific nfts on etherscan. While searching, I saw null address that holds nfts. Then, I searched online and it happens to be that somebody accidentally sent to wrong address. However, when I looked at the inventory of null address, I saw these are newly minted nfts and there is no other transaction. On the transactions it says nft is transferred to some other addresses however I can't find the tokens on those addresses as well. I feel lost now, any explanation is highly appreciated. Thanks in advance!

Inventory of null address

Example transaction

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Alchemy
docs.alchemy.com › alchemy › enhanced-apis › transfers-api › how-to-get-nfts-minted-by-an-address
How to Get NFTs Minted by an Address
June 9, 2022 - In this tutorial, we'll be leveraging ... Under the hood, when an NFT is minted, it is transferred from the null address: 0x0000000000000000000000000000000000000000 to the user account or contract that minted it....
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MetaMask
community.metamask.io › support › sending and receiving tokens
Transferring a token to the NULL address - Sending and Receiving Tokens - MetaMask
July 7, 2021 - Rarible and OpenSea have blocked transferring a token to the NULL address and they refuse to talk about it or answer any questions… If i transfer a token from within the MetaMask app to the NULL address is it equal to bu…
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Reddit
reddit.com › r › DigitalItems › comments › pb49z2 › minted_shows_null_address_surefire_way_to_know
r/DigitalItems - Minted shows Null Address / Surefire way to know NFT is successfully minted [X-post from /r/opensea]
August 25, 2021 - This subreddit is for sharing your NFT projects and any news related to NFTs and other digital items. General blockchain, DeFi, and cryptocurrency discussions are also welcome, but primarily discussion should be related to digital items like NFT's. ... Minted my first NFT on VeChain Blockchain #VET #VTHO... ... Mint showing incorrect balance / not updating! ... I just got to know about GRIDNET OS.. [X-post from...
Find elsewhere
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Blockscout
blog.blockscout.com › minted-nft-not-showing-how-to-verify-onchain
Minted NFT not showing up? Here’s how to verify it onchain
March 19, 2026 - ... This is the single most important signal in the entire transaction. It tells you that a new NFT was created and assigned to a specific owner. Even if your wallet does not display it, this record is definitive.
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Education Ecosystem
blog.educationecosystem.com › home › what is the null address in crypto?
What is the Null Address in Crypto? Null Address in Crypto
January 3, 2022 - However, the tokens sent to the null address will never be used. Coin burning is a process where crypto miners and developers remove a specific portion of coins from circulation to control their price.
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Reddit
reddit.com › r › OpenSeaNFT › comments › pb40ks › minted_shows_null_address_surefire_way_to_know
r/OpenSeaNFT - Minted shows Null Address / Surefire way to know NFT is successfully minted (xpost from /r/opensea)
August 25, 2021 - 14.6k members in the OpenSeaNFT community. The OpenSea NFT subreddit is a gathering for those interested in Non-Fungible Tokens (NFT) on OpenSea …
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OpenSea
opensea.io › item › ethereum › 0x3eb9ee21d5d7f37d53de0213cb7058fb27eabde9 › 2
Post-Death or The Null Address #2 - Olive Allen - 1:1 Artworks | OpenSea
‘Post-Death or The Null Address' is depicting the NFT afterworld — 0x0000000000000000000000000000000000000000 address or the burn address. In theory, burning an NFT effectively destroys the token and removes it entirely from the Ethereum ...
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Wordpress
ethblogging.wordpress.com › 2021 › 12 › 30 › null-address-holds-newly-minted-tokens
Null address holds newly minted tokens? – Ethereum & CryptoCurrency Blogging
December 30, 2021 - While searching, I saw null address that holds nfts. Then, I searched online and it happens to be that somebody accidentally sent to wrong address. However, when I looked at the inventory of null address, I saw these are newly minted nfts and there is no other transaction.
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Etherscan
etherscan.io › address › 0x0000000000000000000000000000000000000000
Null: 0x000...000 | Address: 0x00000000...000000000 | Etherscan
This address is not owned by any user, is often associated with token burn & mint/genesis events and used as a generic null address
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GitHub
github.com › hashlips-lab › nft-erc721-collection › discussions › 254
Minted NFTs showing as owner "null address" · hashlips-lab/nft-erc721-collection · Discussion #254
For some reason the owner of the token IDs minted on the 3500 original mint show a mix of the correct address and null addresses. Hope that makes sense! Beta Was this translation helpful? Give feedback. ... Sign up for free to join this conversation on GitHub. Already have an account? Sign in to comment ... There was an error while loading. Please reload this page. ... You can’t perform that action at this time.
Author   hashlips-lab
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Moralis Web3 Forum
forum.moralis.io › technical issue reporting
Minter_Address not populating for NFT minted on Sepolia - Technical Issue Reporting - Moralis Web3 Forum - Largest Web3 Dev Community 📈
January 24, 2024 - We just noticed single NFTs minted are now returning a null Minter_Address whereas two months ago it would correctly return the address that minted the NFT. We are using the same contract as two months ago, so I don’t s…
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OpenSea
opensea.io › learn › nft › what-is-nft-burning
What Is NFT Burning? How and Why NFTs Are Burned
June 25, 2023 - For NFTs on the Ethereum blockchain, an NFT is typically burned by sending the NFT to either 0x0000000000000000000000000000000000000000 (referred to as the Null Address) or 0x000000000000000000000000000000000000dEaD (referred to as the Burn Address).
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Curious
curious.xyz › answers › 876
[NFTs] - Can I view my NFT on OpenSea if I minted it on Rar...
Moreover, if you've used the lazy minting it will show up null address if you will go into the details and if you've paid for the gas fees it'll show you the blockchain address... :-) ... That depends on whether you selected "Free Minting" on Rarible or not. This feature is also called "lazy minting" and is available on OpenSea too...