Tuesday, January 25, 2022

Panoman’s NFTs



 I have created 5 NFTs—non-fungible tokens—in the OpenSea application. It was first necessary to purchase Ethereum cryptocurrency, in my case using the Coinbase app, and transfer it into my coinbase wallet. I originally bought Dogecoin, but couldn’t figure out how to use it. Now I have 5 completely unique NFTs that I own. After my Ethereum purchase, I put my NFTs up for sale. The ‘dirty little secret’ of the sale is the high so-called ‘Gas fee’. It is a mining fee paid to programmers that make the Blockchain work. In order to make money selling NFTs, they must sell for more than the gas fee, which can be several hundred dollars.🤞