ETHEREUM vs POLYGON for NFTs (Which Should You Choose?)
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- Опубликовано: 9 июл 2024
- ETHEREUM vs POLYGON for NFTs (Which Should You Choose?) |
Most NFT projects are on Ethereum... but have you SEEN gas prices?!
If you're thinking of launching an NFT collection of your own, one of the first decisions you'll have to make when you're creating your NFTs on Opensea is to choose which Blockchain your project will live on:
The Ethereum Network OR the Polygon Network.
This is an IMPORTANT decision! And it can play a big part in the eventual success or failure of your nft project.
In this video we're going to talk about...
- The difference between Ethereum and Polygon when it comes to NFTs
- The pros and cons of building your NFT project on Polygon and Ethereum
- Which of these two blockchains you should ultimately choose when creating your NFT project
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#ethereumvspolygon #opensea #nft #createnfts
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TIMESTAMPS:
0:00 - Intro
0:47 - Creating your collection on Opensea
1:01 - Ethereum network vs Polygon network
3:09 - Ethereum NFT examples
4:16 - Polygon NFT examples
5:21 - Switching your wallet to Polygon
5:58 - Bridging ETH to Polygon ETH
7:26 - Why choose Ethereum?
8:35 - Why you shouldn't choose Ethereum
9:42 - Why choose Polygon?
10:24 - Why you shouldn't choose Polygon
11:18 - How to get Polygon ETH without bridging
This content is being provided to you for informational purposes only. Nothing discussed in this video is intended as investment advice.
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What blockchain have you decided to go with for your NFT project, Ethereum or Polygon?
Could you tell us your opinion about RMRK? Very interested in your opinion about the future of NFTs on the new protocol supporting a multi-resourced and nested NFT?
I would choose polygon reason is because these gas fees are getting way too expensive I can see polygon rising in the near future also let your customers know in your website that polygon is what your accepting I’m hoping it works out because I’m finding ways on just purchasing polygon through ETH on different platforms. Thanks for sharing !
Hi, Can i use polygon in one collection and etherium on the other collection in the same opensea account? Or should i create a different account for different blockchains?
Thank's! Great Video
I'm a beginner - just learning about NFTs & crypto. My 1st ollctions are on Poly. IMHO, anyone playing in tghe crypto world is already savy enough to know how to cut corners and purchase more cheaply. I see the extra steps as low / med risk
I want to start on Poly to. Did you had any polygon matic in your wallet to start selling ? I'm wondering if I have to buy any... I assume that the gas fee for selling is taken from the price you get for the nft, bu still I'm wondering...?
Hey, when i list my nft at OS, i used my wallet address with ethereum mainnet but the listing is in ETH on polygon, so if someone buys it , i will get the eth to my wallet right or do i have to add anything?
Here just taking notes dear
Hello! I want to start on Polygon, but I have a question. Do I have to have any polygon matic in my wallet to start selling or can I start from zero? I'm wondering if I have to buy any...
Do many projects sell NFTs in ETH or Matic at Mint ? Or can it be either ? Sorry I'm very new.
Thanks fkr the vid! The steps you describe in why not to use polygon are the same steps to buy on Ethereum if you don't already own ETH... 🙃
Seller lists with polygon and if the buyer buys the gas fees goes with whom?
Thanks for the great video, please I need a help , I bought NFT from open sea, the currency was purple" Polygon ETH you see on OpenSea, is actually WETH (Wrapped Ether) ,
The transaction is completed, the money detected, however I can not find my NFT ,
What to do , or where to find it , please ?
Can an NFT listed in polygon can be bought with Etherium network.
Polygon rocks! 🤘😎👍
Thank u for a detailed explanation. Very helpful for a beginners like me. ❤
Glad it was helpful!
Great video..it’s the fees keeping me from getting started.
You and me both! I've been meaning to dabble more in nfts, but its just so damn expensive!
The gas prices are pretty crazy, but nothing beats ETH's decentralization. I'm hopeful by ETH 2.0 they'll at least address some of the gas issues, but who knows. Great video comparison!
Definitely agree with you. Excited to see if 2.0 fixes the gas fees too! Assuming it actually gets released this year :P
The question is - can MATIC be purchased directly from most major crypto exchanges so that people can pay directly with it for NFTs on Polygon? Maybe that's the way to go. The only problem is that ETH became synonymous with NFTs so people associate it automatically with NFTs. That's at least my assumption as a UX researcher :) Thoughts?
You'd have to check each exchange, I find a lot of exchanges allow you to buy MATIC, but it's on the ETH network. The exchanges I found that'll let you withdraw MATIC to the Polygon network are Crypto.com and Binance -- not sure of others.
But yeah, ETH + NFTs are definitely synonymous and most people expect NFTs to be on ETH. Definitely something to consider.
@@BrieKirbyson I'm assuming with Newton it's on the ETH network then...oh well, that's where it gets complicated.
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