This part of own Q&A serial of posts which shares knowledge gained during work on one project

I have to answer question would be ethereum cost of project deployment and usage fit the product economy. Understanding the cost of minting a single token is one of important aspects here.

1 Answer 1


Minting a token might cost a relatively huge amount of money (~40 USD at Jan 2021) with tendency to grow which might put a cross on some types of project. More info is here https://www.reddit.com/r/ethdev/comments/loq4qs/how_much_does_it_cost_to_mint_erc721_tokens/

As a workaround you might launch your own private ethereum network with zero cost of deployment and minting.


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