You are viewing a single comment's thread from:

RE: Steemit Crypto Academy Contest / S2W4 - What are NFTs. by @rubilu123

in SteemitCryptoAcademy2 years ago

I’ve not really understood the concept of nfts but reading your post is an eye opener. Nfts have become very popular now especially since footballers and musicians have started to purchase them and showcase theirs. Even with that, we still don’t have enough information about nfts.

When most people hear the word NFT the thing that comes immediately into their mind is art.

😂 this hit me hard. I used to think NFT was all about art.

The problem with the creation or minting of NFTs always rises when it gets to the time of minting. When minting a user needs to pay gas fees which at mostly veey high. So if this could he looked at or at a possible reduced cost in minting fees.

Yes, I’ve heard minting nfts are very expensive but maybe reducing lowering the gas fees means they lose their high value.

Sort:  
 2 years ago 

Yes lowing they minting fees will really help.

Thanks for passing by ☺️

Coin Marketplace

STEEM 0.30
TRX 0.12
JST 0.033
BTC 64143.01
ETH 3154.83
USDT 1.00
SBD 3.86