NFTs are a new form of art, and after the sale of “Beeple” digital art, which has taken the globe by storm, and non-fungible tokens became everyone’s choice, many started searching about them.
Simply because everyone wanted to have their own digital art so they could make a good fortune. And if you’re reading this article, that means you also want to try your luck in this new age of technology.
But the problem is that creating an NFT is not easy and costly, unless you don’t have some kind of skills or a huge collection of pictures just like “Beeple THE FIRST 5000 DAYS” NFT artwork because NFT minting platforms charge high gas prices, right?
well, then don’t worry about because we’re going to share some cost-effective and more efficient minting platforms, so you can Create and Sell NFTs Without GAS FEES and the best thing about them is that there’s, no coding is required to mint your NFTs on these platforms.
How to buy NFTs without “GAS FEES”
NFTs, or non-fungible tokens, are new and unique digital assets representing everything from digital artwork to collectible items. Now this industry started gaining popularity in the crypto world.
And new investors began paying close attention to the non-fungible token market. Since their inception, cryptocurrencies have been incredibly volatile. This has led many traders and investors to be hesitant to use them as a vehicle for investment in Non-Fungible Tokens (NFTs).
In a move that could revolutionize the way investors buy digital art and collectibles, Moon Pay has introduced an NFT checkout tool.
This new tool will allow buyers to use debit and credit cards and other payment systems like Apple Pay, Samsung Pay, Google Pay, S.E.P.A., Faster Payments, wire transfers, open banking payments, and A.C.H. transfers to purchase non-fungible tokens.
MoonPay’s new checkout tool is expected to make it easier for investors to buy NFTs online. Moon Pay C.E.O. Ivan Soto-Wright says the NFT market is currently available to those who hold cryptocurrencies.
But after launching this new payment system by Moon Pay, the NFT Checkout has become simpler and faster for billions of people. Purchasing an NFT has proven to be a bit more complicated so far.
To buy anything, users would need to first open a cryptocurrency wallet, link it to the NFT network, and deposit the required amount into their cryptocurrency wallets before proceeding.
Furthermore, the Ethereum network serves as the backbone for numerous non-traditional trading platforms.
This meant that potential investors would have to load their wallets with Ethereum, the native money of the Ethereum blockchain, in order to purchase NFTs on these platforms.
The checkout tool supports blockchains such as Ethereum, Solana, Polygon, and Flow. This is significant because the connection between NFT and the blockchain that it uses allows the holder of the NFT to keep track of who owns the NFT and when it was purchased.
And when you buy an NFT through the checkout tool, the NFT will automatically be sent to your wallet. Additionally, when you buy an NFT through your wallet, you will be required to pay a cryptocurrency transaction fee known as ‘gas fees’ to complete the purchase.
But don’t worry because those fees will be returned into the cost of NFTs for users of the checkout tool. Apart from transactions connected to more efficient blockchains such as Polygon, Moon Pay will pay the gas fees.
BEST Platforms to Create and Sell NFTs without “GAS FEES”
If you’re looking to create unique and non-fungible tokens (NFTs) without having to learn how to code, Rarible is the website for you.
Recently, they added a new lazy minting feature that allows users to create NFTs for free without having to go through the trouble of setting up a smart contract.
This makes it easy for anyone to create custom tokens without prior experience or knowledge of blockchain technology.
To generate an NFT, users must first mint it on the Ethereum blockchain. And if you’re using Ethereum, you’ll have to pay a transaction fee, which might be quite pricey.
But with their new “lazy minting” feature, each NFT is minted at the time of purchase, not on creation.
That means the buyer is responsible for the gas fees. and until an NFT is purchased, it will stay on the auction and the data on IPFS (decentralized storage).
2. Open Sea
Open Sea is a well-known marketplace for purchasing and selling NFTs. Open sea is almost like google of NFT market. And this has a wide variety of digital assets to choose from, and users can buy and sell items quickly and easily.
Although, opensea does charge its creators a 2.5 percent fee for selling their non-fungible-tokens.
But open sea’s new collection manager feature permits creators to create NFTs without incurring any upfront gas costs, as the NFT is not sent on blockchain until the first purchase or transfer is performed.
If you’re looking for a more cost-effective solution, you might want to check out Mintable. Mintable is a platform that allows users to create and sell non-fungible-tokens with minimal fees.
With no registration costs and no expenses for creating or offering to sell, Mintable offers an affordable solution for anyone looking to get into the NFT market.
It is suitable for creators who are looking for a zero-investment option in this crypto space. Mintable’s system is secure and reliable. It allows users to issue and manage their own tokens without having to worry about the technical details.
Mintable also offers a wide range of features and tools that make it easy to create and manage tokens. But Due to the long registration process, the site has a low number of visitors. Although it is not only easy to use but perfect for beginners.
Finally, there are a variety of platforms available that allow users to generate NFTs. such as SuperRare and MakersPlace and some other are also available.
If you are considering starting an NFT, be sure to complete your homework and select the platform that is most appropriate for you.