What is Lazy Minting?

Lazy minting is when an NFT is available off-chain and only gets minted once a sale takes place. This means that the artist does not have to pay any upfront gas fees to mint their NFTs, essentially paying the fees only once the token is purchased.

The main benefit of lazy minting is that it lowers the barrier of entry to NFTs for artists.

Trade Crypto on Phemex → https://bit.ly/PhemexOfficial ← Register now for a 7-day free Premium Membership Trial and other trading bonuses.

Follow us on:
Twitter http://bit.ly/phemex_twitter
Facebook: http://bit.ly/phemex_facebook
Instagram: http://bit.ly/phemex_ig
Join the Telegram community: http://bit.ly/phemex_tg

00:00:00 Background of Lazy Minting
00:01:14 What is Lazy Minting?
00:01:54 What does it mean to “mint” an NFT?
00:02:55 Benefits of Lazy Minting
00:04:22 Conclusion and extra notes

#Phemex #Crypto #NFT #lazyminting #NFTmint #Ethereum #ETHgas

Leave a Reply

Your email address will not be published.