Yuga Labs Refunds Gas Fees for Failed ‘Otherdeed’ Transactions

The firm behind the Bored Ape Yacht Club NFT collection is looking to make amends for its chaotic virtual land sale with refunds to all users whose transactions failed during minting.

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Amidst Ethereum's deflationary shock, gas fees reach startling levels

The launch of NFT virtual land deeds for Yuga Labs’ Otherside, based on the Bored Ape Yacht Club- remained the largest NFT drop to date. It yielded over $900 million in total sales volume as a roariThe post Amidst Ethereum's deflationary shock, gas fees reach startling levels appeared first on AMBCrypto.

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Kraken opens waitlist for its NFT marketplace

Kraken NFT marketplace will reportedly allow zero gas fees on all NFT trades on…

The post Kraken opens waitlist for its NFT marketplace appeared first on Coin Journal.

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Kraken NFT marketplace opens waitlist for beta

According to the exchange, users will not incur any gas fees for trading NFTs custodied with Kraken — only transferring tokens and NFTs off the platform.

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Yuga Labs Botches NFT Drop With Bad Code, Blames Ethereum

Bored Ape Yacht Club creator Yuga Labs has faced backlash after its highly-anticipated Otherdeeds drop. Huge demand for the NFTs resulted in exorbitant gas fees leaving many hopeful minters out...

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Ethereum user spends $44,000 in gas fees to mint Bored Ape ‘Otherside’ NFTs

Ethereum’s scalability woes come under the spotlight once more following the release of the latest Bored Ape Yacht Club NFT collection. The post Ethereum user spends $44,000 in gas fees to mint Bored Ape ‘Otherside’ NFTs appeared first on CryptoSlate.

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Ethereum Gas Fees Spike to New Highs on Latest NFT Hype

There were many disgruntled Ethereum users over the weekend following a Yuga Labs nonfungible token (NFT) launch which caused gas prices to surge to new highs. The post Ethereum Gas Fees Spike to New Highs on Latest NFT Hype appeared first on BeInCrypto.

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Solana’s MonkeyLeague Now on OpenSea

Albeit in BETA mode, this is a HUGE step for Solana’s, MonkeyLeague, their premium play to earn NFT game. The game NFTs that have been completely blowing up the Solana ecosystem is now available on the world-leading NFT marketplace and at a fraction of the cost in gas fees! Why?   Well, that is down to […] The post Solana’s MonkeyLeague Now on OpenSea appeared first on NFT News Today.

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Okcoin announces NFT Marketplace with Zero Fees

Okcoin has officially launched its NFT marketplace, according to details provided in a press release. The Okcoin NFT will offer retail investors a chance to benefit from the creation and trading of NFTs at zero transaction fees.

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Lucky Ape Travel Club’s Public Sale is LIVE

Tampa, FL – April 18, 2022 – Globetrotters everywhere will be happy to hear that there is now an NFT that will take their traveling adventures to a whole new level. The Lucky Ape Travel Club’s public mint has just gone live, meaning that you can seize your traveling token for just 1 ETH+gas fees.

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NFT Buyers Who Lost Thousands Due To Faulty Smart Contracts Say Manifold Is Trying To Deflect The Blame

The NFT minting platform Manifold said a combination of bots and “too much traffic” were responsible for a chaotic NFT drop that caused hundreds of buyers to lose thousands of dollars worth of $ETH in gas fees, without ever receiving the tokens they purchased.

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FTX NFT Marketplace Review – How To Use It (Fees, Wallet)

What is FTX NFT Marketplace? FTX, one of the most popular crypto derivatives exchanges, has recently launched a new NFT marketplace on the platform. The launch came with the company’s CEO inviting users to create their own NFTs.

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LooksRare Marketplace: What is all the hype about?

LooksRare marketplace is an NFT marketplace where the community comes first and trading rewards are given for marketplace participation. Buy or sell NFTs to earn your rewards. And what’s more, is that trading fees are 20% lower than on OpenSea.

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What’s behind the fall in Ethereum fees?

Ethereum is one of the most popular blockchains for NFTs, but limited capacity and high gas fees have made Ethereum NFTs prohibitively expensive for many NFT enthusiasts Why are gas fees at a six-month low? In more ways than one, NFTs have become the go-to investment for many crypto enthusiasts, especially over the last year.

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One NFT trader paid $500,000 to mint 1000 Tubby Cats NFT

Ethereum’s high gas fees have once again reared its ugly head, as one NFT trader paid over $500,000 to mint 1000 non-fungible tokens from the Tubby Cats NFT collection.  $500,000 paid as gas fees According to available data on Etherscan, the individual paid 204 ETH, which roughly translates to $553,000 as gas fees for a […] The post One NFT trader paid $500,000 to mint 1000 Tubby Cats NFT appeared first on CryptoSlate.

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Someone Just Paid $553,000 in Gas Fees for Tubby Cats NFT Mint

Someone has paid half a million dollars in Ethereum gas fees to mint NFTs

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Product Update: Ecosystem Fees Live

Immutable X Just now·2 min read Marketplaces building on Immutable X will now be able to add custom fees to their orders. This will encourage world-class NFT marketplace experiences to be built on Immutable X.

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Despite low gas fees, why is OpenSea's trading volume bothering NFT holders

At the start of the year, NFT traders watched with a range of emotions as OpenSea's monthly volumes for January 2022 quickly overtook those of December 2021 - even before the month had ended. Now, witThe post Despite low gas fees, why is OpenSea's trading volume bothering NFT holders appeared first on AMBCrypto.

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Should you buy Ethereum after the network’s gas fees saw a significant decrease?

Ethereum ETH/USD is a community-run technology that powers the cryptocurrency token Ether.   It has become the home for a lot of decentralized applications due to its smart contract functionality and powers some of the most prominent non-fungible token (NFT) projects.

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Best NFT Projects on Fantom Blockchain – Top NFTs on Fantom

The Fantom blockchain was developed in 2018 and joined a list of networks lined up to relieve users of the scalability and high network fees that had plagued Ethereum and Bitcoin users. However, Fantom came with a difference.

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JPMorgan: Solana is displacing Ethereum as NFT leader

Ethereum’s (ETH/USD) dominance in non-fungible tokens (NFTs) is declining because of high gas fees and congestion, JPMorgan said in an analyst report, quoted by CoinDesk. Ethereum’s share of the NFT market has dropped from around 95% to around 80% in one year.

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AGE of SAM: Laying the foundation for cross-project utility

Imagine holding an NFT and giving it a rocket booster, with gamified staking that brings multiple communities together, making them stronger than ever before without absurd gas fees!  Enter SoThe post AGE of SAM: Laying the foundation for cross-project utility appeared first on AMBCrypto.

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Users raise a stink over Sunflower Farmers NFT for gas fee spikes on Polygon

Hearing complaints about Ethereum's high gas fees is almost a ritual in the crypto sector. However, it's a rarer thing to hear frustrated users slamming network congestion and high gas fees on the PoThe post Users raise a stink over Sunflower Farmers NFT for gas fee spikes on Polygon appeared first on AMBCrypto.

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Nifty Gateway Wallet-to-Wallet Feature To Save 75% On Ethereum Gas Fees

NFT marketplace Nifty Gateway announced they will be launching a new wallet-to-wallet trading feature to Buy and Sell NFTs directly from the user’s Ethereum wallet, which allegedly will allow saving “up to 75% on gas fees compared to other platforms.

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Orama Is Preparing for an NFT Future Dominated by Artificial Intelligence (AI)-Drawn Art Pieces

You don’t have to dig deep to see how NFTs is a game-changer, empowering artists. In Ethereum alone, OpenSea’s high-density activities are primarily why fees are at astronomical levels.

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Cross-chain aggregator cloud NFT successfully closes a pre-sale with $2.25M

Cloud NFT is a cross-chain platform that allows to design, mint, exchange, and store unique NFTs with zero gas fees. On the 9th of November startup successfully closed the seed round. Cross-chain aThe post Cross-chain aggregator cloud NFT successfully closes a pre-sale with $2.25M appeared first on AMBCrypto.

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SpaceSeven’s Game-Changing NFT Marketplace

SpaceSeven is the world's first NFT marketplace built on the eco-friendly and highly effective Concordium blockchain as its primary chain. SpaceSeven allows artists to mint NFTs at low fees, showcase their work in exclusive universes, and sell them effortlessly.

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NFT Gas Fees Are Egregious And Unsustainable, Bitcoin Fixes This

NFT ecosystems and culture has taken the ‘jpeg’ world by storm in 2021. Every pop culture icon, entertainer, brand, and opportunist has attempted to harness...

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Secretum Brings Safe, Fast, and Cheap Trading To The NFT Ecosystem

As the NFT ecosystem continues to grow, so are the challenges associated with it. Some of the most critical of these challenges are transaction fees which have hit the roof, particularly on Ethereum.

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Decentralized Cross-Chain NFT Marketplace Verlux Generates Major Buzz After Reaching 30% Of Seed Sale Within Hours!

A new cross-chain NFT marketplace known as Verlux has announced its token sale. This is coming after the project hit 30% of its seed sale within a few hours. The NFT marketplace built on Cardano seeks to solve the major problems facing existing marketplaces such as high transaction fees, slow transactions, and security. With Verlux, […]

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Ethereum: Identifying the problem despite rollups cutting fees by >90%

There's usually something going on in the Ethereum ecosystem. Whether it's a new NFT collection or the sky-high gas fees, there are always eyes on the second-largest crypto by market cap. In the frenzThe post Ethereum: Identifying the problem despite rollups cutting fees by >90% appeared first on AMBCrypto.

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The NFT Craze is Quite Similar to the 2018 ICO Bubble but More Creative, Says Dr. Dark

In a recent interview with BTCManager, Dr. Dark talked about four things concerning NFTs, including the NFT space right now and the high gas fees on Ethereum that people are ok paying even up to $100 for each transaction.

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Zero Minting Fees Is the New Safe Haven for NFT Artists

The GoFungibles team is confident this can bridge these worlds in a superior user experience that will be popular with artists worldwide. The post Zero Minting Fees Is the New Safe Haven for NFT Artists appeared first on BeInCrypto.

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BNBMatrix: A BSC Based Yield Farming Dapp Offering up to 17% Daily ROI

Since its launch in September 2020 as a parallel platform by Binance, Binance Smart Chain (BSC) has been making its presence felt in multiple financial technology markets. With its low transaction fees, fast processing speeds, and compatibility with Ethereum Virtual Machine, it is offering an unbeatable user experience to NFT, Dapp, and DeFi developers.

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Airgap Wallet Review [2022] – Fees, Supported Coins, Staking, NFT Storing

The Crypto world has seen a surge in sustained interest over the past few months. At the time of writing, the overall crypto market cap rests at an impressive $2.3T showing that more and more people are trading and holding cryptocurrencies As with any form of currency, cryptocurrencies need a secure storage place for trading […] The post Airgap Wallet Review [2022] – Fees, Supported Coins, Staking, NFT Storing appeared first on CaptainAltcoin.

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Billions Of Dollars In NFT Trades Predicted To Move From Ethereum To Solana — Here’s Why

Key takeaways Solana’s massive adoption has been a major driver of the price upsurge of its native token SOL. According to Chris Cantino, this is likely to continue as Ethereum struggles with gas fees.

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Cadalabs kicks off the second phase of CALA token pre-sale ahead of its planned NFT marketplace launch.

Cadalabs has kicked off phase 2 of the CALA token pre-sale before the planned NFT Marketplace launch, which is scheduled for 15th December 2021. The Cadalabs NFT Marketplace will include amazing features like seamless user onboarding, confirmation speed, and lower transaction fees to attract more creators and collectors in the Cadalab ecosystem and also for […] The post Cadalabs kicks off the second phase of CALA token pre-sale ahead of its planned NFT marketplace launch. appeared first on Invezz.

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FTX NFT Marketplace Review [2022] – How To Use It (Fees, Wallet)

What is FTX NFT Marketplace? FTX, one of the most popular crypto derivatives exchanges, has recently launched a new NFT marketplace on the platform. The launch came with the company’s CEO inviting users to create their own NFTs.

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Rarible introduces zero-cost NFT minting feature

The platform is seeking to lower the Ethereum gas fees that restrict many investors in the emerging nonfungible token market.

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Navigating the NFT minefield: It should be made easy for first-time buyers

In order to sustain the growth of NFTs, it is important that new buyers aren’t deterred from purchasing NFTs due to high gas fees.

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NFT for the Masses: Goodbye to High Gas Fees & Bland Marketplace

NFTs are all the rage in 2021. First created in 2017, they have become the most popular new tech trend of 2021. And why not? In addition to being an excellent byproduct of cryptocurrencies – NFTs are not cryptocurrencies but are tokens built on the blockchains.

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Immutable X and Together Labs sign agreement to create and trade digital assets without gas fees

Immutable X, the first Ethereum-based (ETH/USD) layer-2 solution for NFTs and Together Labs, the parent company of IMVU, signed an agreement to allow one million users to take part in the dynamic NFT economy by creating and trading digital assets without gas fees, Invezz learned from a press release.

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Size matters! Speed Matters! NuGenesis patented NFT Tech to filter the winners

Marketing propaganda by major chains has tended to minimise the significance of scalability limitations and gas fees.   The marketing dollars by major projects poured into distracting us from these fatal flaws in the state of blockchain tech, cannot continue in the light of the NFT revolution.

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Someone Paid $70,000 in Ethereum Gas Fees, and Here's What He Bought

With the start of the TIME Magazine NFT, some users are ready to do everything to be the first owners

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Wing presents rewards plan in exclusive campaign for Wing PolkaPets NFT holders

Wing’s pWING Airdrop Campaign, targeting holders of the PolkaPets NFT, has been running for two months. In a post on Medium, Wing thanked all participants for their support. Wing point out that the Ethereum (ETH/USD) gas fees that need to be paid to distribute rewards are very high due to the correspondingly high ETH Gwei.

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Should you buy FTT before the launch of FTX’s NFT marketplace?

The FTX Token FTT/USD is the utility token used by the FTX cryptocurrency exchange, which can be used to reduce trading fees or serve as collateral against futures positions. Users can also stake the token to earn interest.

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Gasless Minting - How Mintable is building Amazon for NFTs

Zach Burks is the CEO and founder of NFT marketplace Mintable. Mintable is the first NFT platform to pioneer ‘gasless minting’, enabling content creators to mint NFTs without prohibitive transaction fees.

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NFT Market Flips DeFi for Ethereum Usage and Fee Burning

Non-fungible tokens (NFT) are now the most popular thing on the Ethereum network, and gas fees are surging again as a result. The post NFT Market Flips DeFi for Ethereum Usage and Fee Burning appeared first on BeInCrypto.

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New NFT Marketplace, Metaplex, Targets Low Fees With Solana Partnership

Metaplex Launches On Solana Network In a Twitter post, Metaplex, a non-fungible token marketplace, announced its launch on popular proof-of-stake (PoS) protocol Solana blockchain. According to Metaplex, digital artists, creators, and brands will easily mint and auction off their customized digital collectibles.

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