Understanding Gas

A Gas fee is what you pay to make a transaction go through, gas refers to the cost necessary to perform a transaction on the network. If 100 people want to make a transaction occur at the same time, the person who pays the most gas will get their transaction sent through first (think of it as they are all waiting in line). The more people that want to make a transaction go through at a given time, the higher gas fees will be. There are tools available that you can use to check the gas prices at the time. Gas changes on a daily basis and can change depending on if a specific NFT is dropping. In some scenarios, we’ve seen gas prices even exceed the price of a piece of art that is being created making it irresponsible for an artist to even mint their art online. Finally, it’s important to understand that not all transactions use the entirety of the gas. You are paying for the maximum transaction fee for you to mint, if you don't end up using all the gas you will get your money back.

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