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Price for minting on Statemint #109

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yangwao opened this issue Jul 18, 2023 · 0 comments

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yangwao commented Jul 18, 2023

Wong claims minting one million uncompressed NFTs can cost over $250,000 or 12,000 SOL. With state compression, that number is expected to drop to $110 or 5 SOL – a 2,400-fold reduction.

Wong claims minting one million uncompressed NFTs can cost over $250,000 or 12,000 SOL. With state compression, that number is expected to drop to $110 or 5 SOL – a 2,400-fold reduction.

1000000 NFTs $110 or 5 SOL

1 SOL - $25 at writing this

The ideal competitive price for Statemint would be $100/1000000 NFTs -> $0.0001 per item. -> 0.0005 DOT for one item?

Ref

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