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Nifty Gateway to Cut Ethereum Gas Fees by 70% on NFT Transactions

Amy Liu

Summary: The recently-expanded NFT marketplace will launch a hybrid, semi-custodial model that it claims can drastically cut Ethereum gas fees by up to 70% on NFT transactions. “Gas fees have become a really challenging issue for all Ethereum-based projects at this time,” the co-founders Duncan said. “If you're spending $200 on an NFT and the gas ...

The recently-expanded NFT marketplace will launch a hybrid, semi-custodial model that it claims can drastically cut Ethereum gas fees by up to 70% on NFT transactions.

“Gas fees have become a really challenging issue for all Ethereum-based projects at this time,” the co-founders Duncan said. “If you're spending $200 on an NFT and the gas fee to purchase that NFT is $100, a lot of times you'll just choose to not make that purchase.”

By Amy Liu

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