Why Mint NFTs for free?
Minting an NFT is the process of creating a digital asset in which you can obtain NFT at a fixed price or for free, paying only the Gas Fee (transaction commission held by the blockchain).
On this page
What is the purpose of free NFT minting?
What is minting?
Minting an NFT is the process of creating a digital asset in which you can obtain NFT at a fixed price or for free, paying only the Gas Fee (transaction commission held by the blockchain).
Initial minting is done by project owners on their own websites; purchases require a decentralized wallet. The secondary market is becoming more active on specialized NFT marketplaces.
What motivates projects to do this?
NFT collection developers are looking for long-term work because they receive a commission on each NFT sale (5-20% of the asset price). Thus, they are willing to compensate users who engage with and promote their project on social media using the WhiteList.
The WhiteList is a list of users who have additional purchasing privileges. It could be an early mint at a low cost or completely free.
How to mint an NFT for free?
Each project establishes its own requirements for free asset minting. Most developers reward active and creative members of their own community, so familiarize yourself with the terms before getting started. Essentially, it is enough to support the project community on Twitter or Discord. Alternatively, become a collection ambassador and create motivating videos or posts.
Free NFT minting with WhiteList is a fantastic opportunity to get an award for your efforts without a budget or investment in the collection. Picking a project that interests you won't be difficult because there are thousands of them.
Examples of free NFTs include:
The starting price is 0.7 ETH ($1,100) goblintown.
The starting price is 0.037 ETH ($58) ill poop it nft.
The content on The Coinomist is for informational purposes only and should not be interpreted as financial advice. While we strive to provide accurate and up-to-date information, we do not guarantee the accuracy, completeness, or reliability of any content. Neither we accept liability for any errors or omissions in the information provided or for any financial losses incurred as a result of relying on this information. Actions based on this content are at your own risk. Always do your own research and consult a professional. See our Terms, Privacy Policy, and Disclaimers for more details.
Articles by this author
