So I have this NFT collection that I want to sell on opensea. What is the best way to cope with the minting costs?
1. Is there a way to put all your NFT's up for sale and leave the minting costs to the buyer? Or isn't this a good idea?
2. How about gas fees? I read a lot about these but I still don't know if these are for the seller or the buyer.
So what is the cheapest way to sell an NFT collection? Pay for the minting fees or not? Pay for the gas fees or not? I really have no idea here.
The gas commission is not as high now as it was when they tried to mince last summer or fall. Only it's a bad idea. I daresay you'll spend money on the minting, spend money on commissions, post your NFTs on OpenSea, and... that's it. Demand for all of these collections has dropped off a lot and for someone to buy something from you, your collection has to have some kind of hype or some kind of relevance.
I wouldn't waste any time or money on it if I were you. The hype on NFT has subsided, and the OpenSea exchange itself has admitted that over 80% of the NFTs posted on their platform are garbage and worthless.