Crypto fans have cumulatively spent $280,000 in transaction fees to mint more than 28,000 free Coinbase NFTs on Ethereum.
Coinbase created a free NFT mint to commemorate the testnet launch of its Layer 2 network, Base.The NFTs will continue to be minted for the next few days.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Crypto fans have cumulatively spent $280,000 in transaction fees to mint more than 28,000 Coinbase NFTs on Ethereum.
Base will be a network for other protocols to build on top of and it will interact with Coinbase's product suite, but it won't have a token.for four days following the announcement and are on the Ethereum mainnet. They appear to be identical and show a blue circle. The NFTs are available to be bought and sold on NFT marketplaces like OpenSea. Currently they have a base price of 0.011 ETH , which is around the cost of buying one — in terms of Ethereum transaction fees. These NFTs have already seen 150 ETH in trading volume.
Each Base NFT has a number and ones with lower numbers seem to be selling for more. The highest sale so far was the Base NFT 45, which was sold for 1.88 ETH .available for subscribers to its Mirror newsletter with the same purpose in mind. So far, 23,719 NFTs have been minted but since they're on the Optimism network, the transactions fees paid will be much lower.
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