Digital currencyEconomical

New Rarible feature introduced; Build NFT with zero commission


The Rarible’s token market has unveiled a new feature called Lazy Minting that allows users to create NFT tokens without paying any fees. According to the developers of Rribel, this new feature is also more environmentally friendly than conventional methods.

to the Report Unlike the old-fashioned way in which data is stored quickly on the network after a token is created, the new method used by Rribel uses data for each NFT instead of being stored on the Chinese block at the time of manufacture. The token is placed on the network. In this method, the data for each unparalleled token that has not yet been sold is stored in a peer-to-peer decentralized storage system called IPFS.

Given the popularity of small investors in the space of unparalleled tokens in the past year, a significant number of activists in this field still have problems with high Atrium fees, and this issue has become a barrier for new people to enter this field and some investors into networks. The alternative is drawn like Solana.

Data from Rarible Analytics, the analytics division of Rribel Market, show that the average cost of building an ERC-721 token on this Atrium 0.022 platform is $ 82.26 at current prices. In fact, the announced $ 82 fee is a fairly reasonable amount to build a token on the Rribel platform, as it can sometimes run into the hundreds of dollars during busy network periods.

Therefore, the new Rribel feature is expected to be welcomed by members of the community of unparalleled tokens, however, at the moment it is not possible to predict its impact on the entire digital currency market.

Also read: NFT build tutorial; How to sell your unique tokens?

Prominent exchanges such as Kevin Base, Binance and FTX are all among the companies that have recently expressed their desire to produce a product and provide services in the space of unique tokens. Kevin Bass attracted a lot of attention before launching his unparalleled tokens market, and in the first 24 hours of reopening the waiting list, he received 1 million registration emails.

OpenSea, one of the most popular platforms in the field, has more than 263,000 unique users over the past 30 days, totaling more than $ 3 billion.

Kevin Bass, who plans to launch a new NFT market, had 68 million approved users in the second quarter of 2021 and 8.8 million monthly active users.

Data from the DappRadar website shows that Rribel has had 10,100 unique users in the last 30 days, and the platform’s main token, RARI, has now risen 80% from the September price floor to $ 22.20. Is.

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