Why the choice of the blockchain matters for NFT collections By Cointelegraph
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One of the fundamentals of launching an NFT collection is choosing where you’ll mint it to reach the moon. If everyone is choosing the and blockchain to mint their collection, does it mean it’s good for your collection too? Sometimes, less saturated blockchains like , Tezos and Polygon can turn out to be a blue ocean for your collections.
I’ve sold a client’s collection on Ripple. There are many other examples of brands that made their grand foray into less saturated chains. For example, McLaren did two successful launches on Tezos, Volkswagen (ETR:) deployed their NFTs on Polygon in April 2022 and Doodles 2 launched on Flow in January 2023.
Potential chain abandonment
Lack of interoperability
Negative perception of the platform
Figure out if a blockchain is PoW or PoS
Look at the transaction speed
Security is vital
Transaction cost
Smart contract functionality
Scalability
Continue Reading on Coin Telegraph
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One of the fundamentals of launching an NFT collection is choosing where you’ll mint it to reach the moon. If everyone is choosing the and blockchain to mint their collection, does it mean it’s good for your collection too? Sometimes, less saturated blockchains like , Tezos and Polygon can turn out to be a blue ocean for your collections.
I’ve sold a client’s collection on Ripple. There are many other examples of brands that made their grand foray into less saturated chains. For example, McLaren did two successful launches on Tezos, Volkswagen (ETR:) deployed their NFTs on Polygon in April 2022 and Doodles 2 launched on Flow in January 2023.
Potential chain abandonment
Lack of interoperability
Negative perception of the platform
Figure out if a blockchain is PoW or PoS
Look at the transaction speed
Security is vital
Transaction cost
Smart contract functionality
Scalability
Continue Reading on Coin Telegraph
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