4 ms·
Minting and selling can actually cost the price of a meal at a restaurant depending on ethereum fuel prices. The nft marketplaces are making a killing even if y
by bodhi_mind 6y ago
Minting and selling can actually cost the price of a meal at a restaurant depending on ethereum fuel prices. The nft marketplaces are making a killing even if your art doesn’t sell. In that sense, there is potential harm to artists who get caught up in this.
- DennisP 6y agoThat will change as NFT marketplaces migrate to rollups.
- dgellow 6y agoThat’s right, though that’s quite limited. And you can use other blockchains than Ethereum, Tezos (a proof of stake blockchain with smart contracts) has NFTs platforms too and doesn’t have the high gas fee issue.
- CryptoPunk 6y agoYou're right as of right now. ImmutableX is an upcoming Ethereum-based zkRollup that will allow 9,000 transactions to be processed per second, thus completely doing away with the problem of gas fees: https://www.immutable.com/ https://www.immutable.com/