Creating a non-fungible token (NFT) and selling it on any marketplace comes with a significant cost (also known as a gas fee) that can range from $10 to $1000 depending on the blockchain and platform you use.
However, there are ways to completely avoid gas fees and mint (create) your NFTs for free. It should be noted that both minting and selling NFTs are subject to certain fees. This fee prevented many creators and artists from creating their own collections in the popular market. Here’s how you can create and sell your NFTs for free without paying a gas fee on OpenSea. (Take a quick detour from our previous article on creating your first NFTs)
The first method is to use a 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.
Users can mint NFTs without paying any additional gas fees. (Photo: OpenSea)
#Set up your NFT artwork by adding a file, adding a logo, banner, title and description.
#Choose Polygon blockchain to mint your NFT without paying gas fee.
#Now click on “Add Item” to get started. It should be noted that OpenSea requires the price to be at least $2.
The second method is through something called Lazy Minting. It’s basically a method to avoid gas fees for both selling and creating NFTs. However, NFTs pay buyers of NFT collections in this way.
# Go to OpenSea and create a list. Now immediately select Polygon blockchain.
#Click on Create NFT.
Users can add images, videos, gifs, etc. (Photo: OpenSea)
#Enter the price of your NFT collection and click the ‘Complete listing’ button to list your NFTs on the OpenSea marketplace.
#You will now need to use your private key to create a signature for the NFT if you are listing it.
Note: Keep in mind that if you list your NFTs on the Polygon blockchain, the number of buyers is less than on the Ethereum blockchain.