Isn’t it a problem that minting NFT is so expensive for small digital artists?
NFTs minted on the Ethereum blockchain currently have a gas fee of around $40. This is not feasible for low-value digital arts. With the help of the Flow blockchain we have solved this issue, the fees on the Flow blockchain are significantly less than Ethereum transaction fees starting at $0.000022. At GENIACE we sometimes work with collaborating artists and in that case we cover all minting costs for primary sales.