Ethereum NFT marketplace OpenSea is introducing ‘gas-free’ transactions

in #blockchain3 years ago


CryptoGator.co | The Best Cryptocurrency, Blockchain and Forex News Aggregator


Try issuing a non-fungible token (NFT) on Ethereum and chances are you’ll spend upwards of $150 in ‘gas’ to simply approve, mint, and host your crypto art, virtual land, or digital collectible on the world’s most-used blockchain. The post Ethereum NFT marketplace OpenSea is introducing ‘gas-free’ transactions appeared first on CryptoSlate. Read More
https://cryptogator.co/ethereum-nft-marketplace-opensea-is-introducing-gas-free-transactions/


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NFT is an excellent way to invest. I recently found a site https://www.nextnftdrop.com/projects/dava-project/ where you can buy a good token at a reasonable price. And also, you can try to create your token and upload it for sale.

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Issuing your own token is quite interesting. By the way, this is a great opportunity for beginners to start mining and make money on it. I would just like to advise you to read https://university.localtrade.cc/what-is-impermanent-loss/, because sometimes a situation arises when a trader loses money, but does not understand why it happened. Again, this is true for beginners.

I followed the auctions because many artists that I like (mainly photography or painting) decided to participate in this activity and I did not even think about how difficult it all is for the author. Thanks for opening this thread for me! In general, as it turned out, this technology can be used not only for those who like to spend their millions on all sorts of nonsense, I saw https://myimpactpower.org/ and that they want to integrate us into this with the help of things available to most people. World and also try to change something.

Here is a list of the most popular NFT platforms.

  1. OpenSea. OpenSea bills itself as the world's largest NFT marketplace, with everything from where to sell NFT art to virtual reality, sports, and trading sharp corners cards & collectibles available . Opensea Website >>> https://opensea.io/

  2. Nifty Gateway >> https://niftygateway.com

  3. Rarible. See Rarible review here
    https://www.appcraver.com/nft-marketplace/rarible-review-pros-cons/

  4. Foundation. ...

  5. SuperRare. ...

  6. Atomic Market. ...

  7. Async Art. ...

  8. Minable.

Lot of project atm have very well made cade for Low gas fee, such as ImmutableX, Mecha-Chaotic have Squeebo's gas saving code I paide 0.009 for a 0.07 transaction ! pretty sweet !

Gas fees are payments made by users to compensate for the computing energy required to process and validate transactions on the Ethereum blockchain. ... A higher gas limit means that you must do more work to execute a transaction using ETH or a smart contract.

Read more: https://investwithanedge.com/crypto-trading/know-about-ethereum-gas-fees-reduce-gas-for-nft-transactions/

Gas can get expensive when the Ethereum network is experiencing a high volume of transactions. For each new block added to the Ethereum blockchain, there is limited space for how many transactions can be included. Due to supply and demand, miners are incentivized to accept transactions at higher gas fees.

I recently reviewed an article on what is the best way to invest right now. They advised everyone to make contributions to the NFT. As an example, they gave the following picture https://opensea.io/assets/0xa7ec04419bdcb54cea002976b601ac470936a929/1 and if you buy it, then in a couple of weeks you will put it up for sale again and get at least 0.1 eth over the amount you spent, and a maximum of 0.6 eth, since this work is from a well-known artist. Is it really possible to earn good money in this way?

The world of cryptocurrency and everything related to it is very interesting, not only because you can make a living with it, but also to follow the development of this world. More and more things are being discovered, and I can share a cool site called CoinsPaid Media, where you can find out all the current and interesting crypto news. I also really like that you can see upcoming events and take part in them on this site.

The e-commerce nemesis marketplace url industry will grow. The wholesale industry is increasingly dependent on e-commerce Websites. From finding an item to buy to sending payments to suppliers, these sites provide turnkey solutions for wholesale businesses.

Thanks for giving this kind of information. I hope that you will always keep giving such information.

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