Cryptocurrency Q&A
Is lazy minting worth it?
Is lazy minting worth it?
GeishaGrace
Sat Nov 02 2024
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6 answers
1480
I'm considering lazy minting for my NFTs, but I'm not sure if it's worth it. I want to understand the benefits and drawbacks of this approach before making a decision. Can someone help me with this?
6 answers
Carolina
Mon Nov 04 2024
With lazy minting, the NFT exists off-chain until it is sold. This means that creators can list their NFTs without immediately incurring any gas fees.
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JejuJoyfulHeartSoul
Mon Nov 04 2024
Only when and if the NFT is sold does the buyer bear the responsibility of paying the gas costs, along with the purchase price. This shift in cost responsibility can make NFTs more accessible to potential buyers.
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GeishaElegance
Mon Nov 04 2024
Lazy minting of NFTs offers numerous advantages.
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SamsungShiningStar
Mon Nov 04 2024
Another advantage of lazy minting is that it lowers the entry barrier for creators. Without the upfront cost of gas, creators from various economic backgrounds can participate in the NFT market.
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CryptoLegend
Mon Nov 04 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the NFT market. These services include spot trading, futures trading, and a wallet solution.
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