The world of non-fungible tokens (NFTs) has exploded in recent years, with record-breaking sales coupled with a thriving community of collectors and developers. Nonetheless, one major hurdle that keeps hindering the mass adoption of NFTs is high gas fees. Here, we will explore the concept of gas fees for NFT transactions and offer proven methods… Continue reading How To Reduce Gas Fees In NFT Transactions
Tag: NFT transactions
200 Million NFTs Moved From Ethereum To Enjin Blockchain
The latest reports show that Enjin has managed to transfer more than 200 million NFTs from Ethereum and its JumpNet sidechain to the Enjin Blockchain. The transferred volume includes over 118 million Ethereum-hosted and 101 million JumpNet-hosted NFTs. New Features Added With Migration In a move announced in June 2023, Enjin unveiled its blockchain, designed… Continue reading 200 Million NFTs Moved From Ethereum To Enjin Blockchain
The Future Of Real Estate Enhanced With NFT Transactions
Nonfungible tokens (NFTs) have gathered massive attention and are making a huge impact across different sectors. Notably, the real estate industry is also adopting the technological advancements of our time, with the advent of NFTs starting to shape how property deals are executed. Find out how this technology may impact the real estate industry, making… Continue reading The Future Of Real Estate Enhanced With NFT Transactions
Bearish Sentiment Pressures Ethereum NFTs As Transactions Plunge Below 1 Million
Against most of the popular beliefs that the transition to proof-of-stake will assist in reviving all the metrics of the Ethereum ecosystem, a majority of its metrics remain significantly down. Recently, interest in Ethereum non-fungible tokens (NFTs) seems to be plummeting. That is despite the continued dominance of Ethereum NFTs in the digital art sector.… Continue reading Bearish Sentiment Pressures Ethereum NFTs As Transactions Plunge Below 1 Million
Global Computer Network Launches New Mainnet “Cudos” Offering Cloud Services
The Global Computer Network has finally launched its highly anticipated protocol, “Cudos mainnet,” after several years of development. The new network aims to solve existing fundamental problems associated with cloud services. Notably, internet functionality exists at the back of the entire society. In that context, the only drawback appears when the traditional internet depends on… Continue reading Global Computer Network Launches New Mainnet “Cudos” Offering Cloud Services