In this NFT Art Explained video, we go over EVERYTHING about NFT Crypto: What are NFT Fees, NFT Gasless transactions, What you can make into a NFT, What are blockchain transactions and smart contracts. All of this is to help YOU understand NFT Art and NFT Crypto Art more! I explain a bunch of things related to NFTs and NFT Art such as what a NFT actually is, what fees are associated with NFTs, how NFTs relate to ethereum blockchain transactions, what a gasless NFT is, how you have to pay gas fees for transactions on the blockchain and more! Who pays for NFT gas fees? We specifically look at Mintable, Rarible, and OpenSea and their NFT fees! Here are some timestamps below for each NFT question:
0:00 – NFT’s EXPLAINED
0:30 – What is a NFT?
1:27 – Ethereum Gas Fees
3:15 – Gasless NFT Minting
5:05 – Fees For Selling NFTs
6:39 – What Can Be Made Into A NFT?
7:45 – Blockchain Transactions vs. Smart Contracts
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