NFT is the talk of the town. From celebrities and small businesses to celebrities and the general public, everyone is talking about them and preparing to join the race. In 2021 alone, the NFT market surpassed the $ 12 billion mark, up from $ 162.4 million earlier this year.
The non-fungible token (NFT) media has grown into a major crypto industry sector by the start of 2021, with total expenditure on NFT purchases exceeding $ 12.6 billion, up from $ 162.4 million at the beginning of the year.
And while most NFTs are made, purchased, and sold using Ethereum, high gas bills can make the process surprisingly expensive. Data from Raribleanalytics estimates making one NFT at Ethereum costs about $ 98.69 on gas charges while making NFT collections will cost you $ 900, on average.
