How much does it cost to create NFT art? Marketing and promotion of NFT projects. Insights about the real cost from NFT Design Studio
This won't be a typical article, as we'll break down the topic of NFT pricing from the perspective of our NFT studio. We will also touch upon the question of whether . . it is worth investing in virtual assets today Let's start with the basics that any article starts with, namely definitions. An NFT, or Non-Fungible Token, is a unique digital asset that cannot be replaced by another.
Costs fluctuate based on the blockchain network, current congestion, and any additional features used during minting. Minting an NFT on Ethereum, for example, could cost anywhere from $50 to $200, depending on these variables. Minting an NFT on Cardano costs 3 - 6.5 ADA tokens. Minting on Rarible typically ranges from $30 to $150. On more cost-effective blockchains like Binance Smart Chain, minting might only cost $1 to $10.
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