What makes a successful NFT launch? - The Blockchain Pt 2/15
Which blockchain is the NFT minting on?
If it is on Ethereum, be prepared to pay additional fees for gas. It’s quite possible that a $20 NFT can cost you $100 in gas fees (prior to the Ethereum Merge, anyway). However, if it is on WAX, you can purchase a similarly-priced NFT with no fees. Whichever chain the NFT resides on, you’ll need to be aware of how your NFTs are stored and want to understand the marketplaces for secondary sales. Ethereum derivatives such as Avalanche, Binance Smart Chain and Polygon can use the same ERC-20 address. WAX, EOS, Tezos, Solana, Internet Computer, Cardano and other chains require a unique wallet.
Catch the entirety of Joel Comm and Travis Wright's keynote from NFT NYC 2022 here: https://youtu.be/LmEKWTHY15s
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DISCLAIMER:
Do your own due diligence and research. Neither Joel Comm, Zach Comm nor Travis Wright are FINANCIAL ADVISORS.
We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency. We make NO RECOMMENDATIONS. Don't take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us.
We only share with you what we are learning and what we are investing it. We will never "pump or dump" any cryptocurrencies. Take what we say with a grain of salt. You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations.
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