Shakila RehmatNov 29, 2021 · 3 years ago6 answersWhat are the current trends in gas fees for NFTs and how do they impact the digital art market?
Gas fees refer to the transaction fees required to process transactions on the Ethereum blockchain. In the context of NFTs (Non-Fungible Tokens), gas fees play a significant role in determining the cost of buying, selling, and trading digital art. What are the current trends in gas fees for NFTs, and how do these fees impact the digital art market? How do high gas fees affect the accessibility and affordability of digital art? How do artists and collectors navigate the challenges posed by fluctuating gas fees? How do gas fees influence the decision-making process of artists and collectors in the digital art market?
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