Here's a cost review of reaching Gold Stage 3 on a certain NFT platform—
Bought 72 NFTs, sold 73, with a total trading volume of 6.469 ETH. Royalties alone took away 0.1 ETH, and gas fees averaged $2-3 per transaction, so roughly $450 was burned just on fees.
The most frustrating part is missing out on that 7-day triple XP event; otherwise, the costs could have been even lower...
Now just waiting for a 10x return 👀
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LiquidationWatcher
· 20h ago
nah the $450 in fees alone is making me sweat, been there with those gas spikes. health factor on this whole thing looking sus if you're banking on 10x just to break even tbh... remember 2022?
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FloorPriceNightmare
· 12-12 00:36
Haha, a $450 fee directly takes off, this is the true cost of NFTs.
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SmartContractRebel
· 12-10 13:07
Transaction fees burn $450? That's outrageous. Royalties still require 0.1 ETH, it feels like the platform is taking most of the earnings.
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SignatureAnxiety
· 12-09 10:52
Damn, the transaction fee alone is $450. This deal is really brutal.
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MeaninglessApe
· 12-09 10:52
These fees really suck the marrow out; royalties plus gas and there goes a small goal.
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SchrodingersPaper
· 12-09 10:50
Damn, these gas fees are really daylight robbery. Burning $450 just to get to Gold 3? I don't think it's worth it.
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SolidityStruggler
· 12-09 10:49
Buying 73 and selling 72 and still bragging? This order book looks a bit sketchy.
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RooftopVIP
· 12-09 10:38
Ha, it's the same old thing again. Royalties plus gas fees cut profits in half right away.
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ContractTearjerker
· 12-09 10:38
Haha, same here. Royalties are really ridiculous. If I had known, I would have waited for the promotion before buying in.
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MindsetExpander
· 12-09 10:33
Damn, these fees are ridiculously high. Just looking at that 0.1ETH royalty gives me a headache.
Here's a cost review of reaching Gold Stage 3 on a certain NFT platform—
Bought 72 NFTs, sold 73, with a total trading volume of 6.469 ETH. Royalties alone took away 0.1 ETH, and gas fees averaged $2-3 per transaction, so roughly $450 was burned just on fees.
The most frustrating part is missing out on that 7-day triple XP event; otherwise, the costs could have been even lower...
Now just waiting for a 10x return 👀