One of the fundamentals of launching an NFT collection is choosing where you’ll mint it to reach the moon. If everyone is choosing the and blockchain to mint their collection, does it mean it’s good for your collection too? Sometimes, less saturated blockchains like , Tezos and Polygon can turn out to be a blue ocean for your collections.

I’ve sold a client’s collection on Ripple. There are many other examples of brands that made their grand foray into less saturated chains. For example, McLaren did two successful launches on Tezos, Volkswagen (ETR:) deployed their NFTs on Polygon in April 2022 and Doodles 2 launched on Flow in January 2023.

Potential chain abandonment

Lack of interoperability

Negative perception of the platform

Figure out if a blockchain is PoW or PoS

Look at the transaction speed

Security is vital

Transaction cost

Smart contract functionality

Scalability

Continue Reading on Coin Telegraph


Source link

(This article is generated through the syndicated feed sources, Financetin neither support nor own any part of this article)

See also  SEAN HANNITY: We’re seeing a brazen level of political bias and corruption at the FBI and DOJ

Leave a Reply

Your email address will not be published. Required fields are marked *