NFT Investing/Trading

šŸ“Š Investing
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How much are you selling this NFT for?

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11 Etherum 2.0s (donā€™t want any more gas) and a ZK rollmop please.

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Would you swap the ZK rollmop for a Vileda Supermop? Iā€™ll throw in the bucket and water extractor-mabob

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A quick Google (doing my DD) confirmsā€¦ I would not. But I might consider IKEA roll mops, but only the ones in brine.

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Why not using other blockchains that support NFTs, that have lower costs?

I know the ETH is the big gorilla in the jungle, but there are already cheaper and quicker blockchains that allows NFTs.

For example:

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Polkadotā€™s isnā€™t live. Solana just canā€™t be trusted. Cardanoā€™s NFT marketplace isnā€™t ready. Tezos isnā€™t on OpenSea yet. Hive is too complex and empty. Wax you need ā€˜Waxā€™ tokens which Iā€™ve literally never heard of until now.

So itā€™s back to OpenSea and Ethereum!

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And Avalanche? It also natively supports NFTs.

Algorand is other blockchain with NFT capability.

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Iā€™ve been looking at Algorandā€™s as well but it seems to be a similar issue as Wax. Iā€™m looking at AlgoGems which seems to have the requirement to own a token called ā€˜Gemsā€™. Though I just found a site called Pinata which might do the trick.

Iā€™ll check out Avalanche too, thanks!

Iā€™m just really trying to avoid any site which requires the use of some obscure token. Thatā€™s my main concern and reasoning for sticking with the popular Ethereum based sites.

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Think DOTs launched thereā€™s last week. Saw an announcement. Think they called it statemint.

It also becomes infinitely easier now Parachains are live.

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I see this one requires Kusama tokens https://kodadot.xyz/

This one is not launched yet and seems to be extremely delayed https://www.polkally.com/

Iā€™ll keep digging a bit. Iā€™m trying to find a market place which at least uses more mainstream tokens. The hunt continues.

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An infographic about NFTs Platforms:

image_322a02c5-440a-404b-8146-9e8468dd72c020211223_181918
image_322a02c5-440a-404b-8146-9e8468dd72c020211223_1819181021Ɨ1604 268 KB

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Has anyone explored the low gas fees on Polygon network?

Polygon Network NFT

I have tried on Binance, not much variety as creators are restricted and not fully peer-to-peer.

Used Polygon network for other transactions as it is negligible on gas fees.
Not yet tried NFT on polygon.

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From my experience, I would suggest not to believe everything you read on social media, instead get involved in crypto communities in order to share ideas and hear advice. Having a group of people whoā€™ve already been there, done that, is really useful, especially when youā€™re starting out.

There are a lot of scammers so donā€™t forget to double-check the details of any people/companies that approach you. That way you will avoid being a victim of fraud.

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