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Showing posts with the label nft

How Much Does It Cost to Mint An NFT?

In general, the cost of minting an NFT consists of two parts: gas fee and marketplace fee. The cost depends on different blockchains, platforms, market outlook, and minting time, ranging from $0 to over $300. Ethereum blockchain is much more expensive than any other blockchain, it may cost about 0.01-0.05ETH, however, it is free on Polygon. Moreover, the cost is pegged to the crypto price since the gas fee is charged with cryptocurrency, it is lower during the bear market. This article will compare the cost of minting on some popular blockchains and advice on about reducing cost.

What Are the Token Standards for NFT?

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  The well-known ERC-20 protocol is an earlier token standard in the Ethereum blockchain, and it is the protocol standard for fungible tokens. Up to now, most of the non-fungible tokens(NFT) are issued on the Ethereum blockchain, the mainstream standards are: ERC-721:  This is the earliest standard for NFT, each token required a separate smart contract ERC-1155:  It was pioneered by the team of Enjin Company and proposed a semi-fungible scheme for NFT. ERC-1155 allows for more efficient trades and bundling of transactions – thus saving costs. Such contracts can contain both fungible and non-fungible tokens. ERC-998:  It is also called composable non-fungible tokens standard. ERC-998 is an extension of the ERC-721. It is composable that allows people to combine a group of ERC-20 tokens or ERC-721 tokens or even both. For example, in a block game, ownership of a game character represents one NFT, while ownership of character equipment represents another NFT. ERC-998 al...

How to Mint Your Own NFTs for FREE on Opensea?

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  At the beginning of 2022, the largest NFT marketplace, Opensea has reached the peak trading volume in a single day since August 2021. With numerous news that a lot of crypto enthusiasts have gained a great fortune by minting and selling NFTs in the NFT marketplace, you may wonder how to mint and sell your own NFTs and be curious about the fee of minting an NFT. In this article, we will show you how to mint and sell your own NFTs on Opensea for FREE! How to Create a Collection on Opensea? Connect Wallet to Opensea First of all, you need to connect your wallet to Opensea(Just like most of the marketplace). Opensea supported wallets list is as follows: MetaMask Coinbase Trust Wallet Portis Fortmatic Venly Authereum Bitski Dapper Kaikas OperaTouch Torus WalletConnect Now we connect  MetaMask  to Opensea. You should install  MetaMask  first. (If you don't know how to use or set up MetaMask wall,  click to learn ). Then visit  https://opensea.io/ , click t...

What Are the Top 10 Play2Earn NFT Games List?

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Rely on the newest blockchain technology to validate transactions, each play to earn NFT games has created its own economic ecosystem. A player can enjoy playing games and earn tokens or NFTs that can be converted into real money. There are about 900 blockchain games till now, you may wonder which play-to-earn game is worth playing. According to the number of players, this article ranks the top 10 play-to-earn games as follow: *Date calculate till Oct11,2021 1. Alien Worlds: Defi NFT Collectible Game What Is Alien Worlds? Alien Worlds is a game where you can earn Trilium (TLM, cross-chain ERC-20 / BEP-20 / WAX fungible token) for mining and have a chance to mine an NFT game card each time you mine. This DeFi Metaverse is a blockchain-based game and free to play for anyone. After getting a WAX Cloud Wallet login, and logging in at play.alienworlds.io explorers will receive a tool to begin mining. With the simple mining activity, one receives Trilium (TLM). Trilium can be used to stake t...

What Are the Best 10 NFT Tokens?

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Non-fungible tokens (NFTs) have exploded in 2021, with cryptocurrency enthusiasts, artists, investors rush to the burgeoning market. As a result, more and more investors start to pay attention to the tokens that are related to NFT. Most of them try to invest in the NFT token and take optimistic on the development of NFT projects. This article will list 10 well-known NFT tokens to guide investors looking to buy NFT tokens. 1.SAND(The Sandbox) The Sandbox is a virtual world where players can build, own, and monetize their gaming experiences on the Ethereum blockchain using the platform's utility token SAND. Players can create digital assets in the form of Non-Fungible Tokens (NFTs), upload them to the marketplace, and integrate them into games with Game Maker. SAND is the utility token used throughout The Sandbox ecosystem as the basis of transactions and interactions. It is an ERC-20 utility token built on the Ethereum blockchain. It will be used across the ecosystem by gamers, deve...