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Rarible Passes NFT Minting Fee From Creators To Buyers
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cryptonews.comNon-fungible token (NFT) marketplace Rarible has unveiled a new feature that enables artists to dabble into the booming digital collectibles space and create NFTs at virtually no cost.
The new feature, dubbed "lazy minting," has already been integrated into the platform, Rarible said.
The vast majority of NFTs are now on the Ethereum (ETH) blockchain, which is prone to high gas fees at times of network congestion. As a result of the recent NFT craze, Ethereum gas fees have spiked once again, increasing costs for NFT artists.
Meanwhile, Rarible claims that with its "lazy minting" feature, NFTs are minted not at the moment of creation, which is a common practice, but at the moment of purchase.
Consequently, this puts the responsibility of
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