How to make a NFT for free, without paying any gas tax
Here’s how to make an NFT for free, without paying any gas fees on the OpenSea NFT Marketplace.
Create one non-fungible token (NFT) and selling it on any marketplace comes with a significant cost (aka gas fee) that can range from $10 to even $1000 dollars depending on the blockchain and platform you use.
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But there are ways to avoid gas tax altogether and make (create) your NFTs for free. It should be noted that both minting and selling NFTs come with some fees. This fee has stopped many creators and artists from creating their own collections on the popular marketplace. This is how you can create and sell your NFTs for free without paying any gas fees on OpenSea. (Take a quick detour from our previous article on making your first NFTs)
Method 1
The first method is to use the Polygon Blockchain.
#Go to OpenSea and create an account. Make sure you already have a MetaMask or Coinbase wallet.
#Go to ‘My Collection’ and click ‘Create New Collection’ on the OpenSea dashboard.
#Set up your NFT artwork by adding your file, add logo, banner, name and description.
#Choose Polygon blockchain to mint your NFT without paying gas fee.
#Now, click on “Add Item” to begin. It should be noted that OpenSea requires the price to be a minimum of $2.
Method 2
The second method is through something called Lazy Minting. It is essentially a method of avoiding gas taxes for both sales and creation of NFT purposes. However, NFT is paid by the buyer of the NFT collection through this method.
#Go to OpenSea and create an entry. Now choose Polygon blockchain immediately.
#Click on Create NFT.
#Enter the price of your NFT collection and click the ‘Complete Listing’ button to list your NFT on the OpenSea Marketplace.
#You must now use your private key to establish a signature for the NFT if you show it on the marketplace.
Note: It should be remembered that if you list your NFTs on the Polygon blockchain, the number of buyers is less than on the Ethereum blockchain.
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First published on: 01-08-2022 at 06:27:29