Minting

NFT Glossary Deep Dive: Gasless Minting

NFT Glossary Deep Dive: Gasless Minting

Ellen Britt for CNT #NFT When you mint an NFT, you will usually incur fees, called gas, from the blockchain. And just like intestinal gas, these gas fees can be painful. We’ll show you how to escape the gas! A so-called “gas” fee is incurred when you mint your NFT. Since Ethereum is the preferred blockchain these days on which to mint your NFT, the blockchain network is extremely busy. Of course, more demand equals higher fees, and lately, some of those fees can be exorbitant. Gasless Minting However, there is another option, known as gasless minting, which allows you…
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NFT Glossary Deep Dive: Mint

NFT Glossary Deep Dive: Mint

Ellen Britt for CNT #NFT Minting an NFT is the process of actually publishing your NFT on the blockchain. Now that your NFT is published it can be sold. But what does minting an NFT actually involve? First of all, you need to have access to a crypto blockchain as well as an NFT marketplace. Basically, and in the simplest of terms, it means creating a digital wallet that can securely store cryptocurrencies such as the wallets provided by Coinbase, MetaMask, or TrustWallet. Then, you can purchase some cryptocurrency to cover the actual cost of minting the NFT.  Create A…
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