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My Experience with NFT’s
- miguelmota 6y agoWebsite appears down. Here's the archive link: https://web.archive.org/web/20210321232118/https://melindawyers.com/my-experience-with-nfts/ https://web.archive.org/web/20210321232118/https://melindawy...
- jetgirl 6y agoYep I just rebooted it, too many hits at once, if it goes down again I'll upgrade the server lol
- rawtxapp 6y agoUnfortunately, current high gas prices make anything less than large defi transactions not worth it. Just transferring some ERC20 tokens cost like 15-20$, etc. EIP 1559 was supposed to make it more predictable, but with the eth2 speed-up to counter miners, I'm not sure if it's still on the table. Once the gas fees are solved, I suspect the adoption for defi/NFTs/etc on eth will go through the roof.
- A4ET8a8uTh0 6y agoMy impression was that current unusually high interesting in NFT caused gas prices to spike. When I was playing with it for work reasons ( compliance ), it was around $50 for attempting to put my creations up for a bid ( I just checked today, gas fee is $103 ). I find the whole thing fascinating, but, as I may have mentioned before, I see it as a very elaborate MLM type scam.
- rawtxapp 6y agoMajority of gas price spike comes from uniswap. Opensea which like one of the biggest nft marketplace is only responsible for 2% of the gas fees. You can see the gas guzzlers at https://etherscan.io/gastracker https://etherscan.io/gastracker.
- A4ET8a8uTh0 6y agoI shouldn't be amazed but I am at the sheer level of transparency. It is one thing to know this in theory, but quite another to see it displayed in practice. Love it. thank you for sharing.