What is deploying?

Deploying a smart contract means you are getting a warehouse to store your assets. At this time, assets can be contents like video, GIF, photo, music, FT, NFT, artwork, painting, movie, or whatever it is only if it's on-chainized and is digitized in blockchain technology.

A smart contract is a self-enforcing agreement embedded in computer code managed by a blockchain. The code contains a set of rules under which the parties of that smart contract agree to interact with each other. If and when the predefined rules are met, the agreement is automatically enforced.

Deploying a contract is like sending a transaction and it needs some gas amount to process. Unlike deploying on a local network, transactions will take some time to complete (anywhere between 15 seconds to 5 minutes)