How to Mint NFTs for Free on OpenSea

Non-fungible tokens, also known as NFTs, are incomparable blobs of digital information that are used to indicate ownership and cannot be exchanged for anything else. Digital creations of any kind, including music, drawings, paintings, and sketches, can be considered NFTs. Probably the most exciting thing happening in the art world right now is the use of technology to sell digital artwork. The term “blockchain” refers to a type of decentralized network that is not controlled by any single entity. Miners keep the blockchain operational and mint new non-fungible tokens for creators by utilizing their own computational power and resources; in exchange, they receive an incentive in the form of gas fees.

You might use lazy minting as a way to get around the higher gas fees. This method involves making an NFT available off of the blockchain and only minting it after it has been sold. Because of this, you won’t have to pay any petrol expenses because those costs will be shouldered by the purchasers instead. OpenSea and Rarible are two of the most popular and favored NFT marketplaces among NFT makers since they allow unfettered minting of NFTs. Mintable is a platform that, despite its lower popularity, enables users to mint non-fungible tokens for free using an Easy option that generates gasless NFTs. This post will walk you through the steps necessary to mine NFTs for no cost on OpenSea. So let’s get started:

Read Also: How to Make an NFT and Sell It

How to Mint NFTs for Free on OpenSea

You can purchase and sell any digital items in the form of assets stored on the blockchain on OpenSea, which is the first and largest marketplace for NFTs. OpenSea was the first marketplace of its kind. It supports a number of blockchains, including Ethereum, Polygon, and Solana, and its primary objective is to expand the marketplace for producers, buyers, and sellers.

On OpenSea, it is free to create a new NFT, but there is a fee associated with selling existing ones. Before being allowed to sell non-fungible tokens (NFTs) on the OpenSea platform, sellers are required to pay two prices. The first fee, which can cost anywhere from $70 to $300, is levied during the process of initializing a new account. OpenSea is necessary to pay the second cost, which ranges from $10 to $30, in order to access the NFT. NFT traders place a high level of trust in this platform, making it one of their top choices. To mint your first free NFT on OpenSea, simply follow the step-by-step guide that is provided below.

1. Create a MetaMask wallet account

OpenSea requires that you log in through the account associated with your cryptocurrency wallet, even if that wallet supports more than one blockchain network. MetaMask is by far the most popular wallet on OpenSea, and the best part is that it’s completely free to setup and use.

2. Create an OpenSea account and connect a wallet

The next step is to generate an OpenSea account and connect it to your wallet.

3. Set up your NFT collection

The next step is to create your very first OpenSea collection. To do this, navigate to the Profile icon on the upper right of your screen and then click on My Collections. Generate a single NFT, or alternatively, select the Make a Collection option. Complete the required fields with your name, company logo, product descriptions, pricing, and royalties, among other things.

4. Select Polygon Network

It is important to remember to switch to the Polygon Network at this stage in order to ensure that the process of minting your cryptocurrency does not incur any gas fees.

5. Start minting

You may get started minting NFTs by clicking on the collection, and then selecting the Add item option from the menu that appears. This will make the form available to you. You will first need to upload the piece of media that you wish to transform into an NFT. Choose the Create button.

Finally you’re done. In the Polygon Network, you have just mined your first NFT without having to pay any gas fees. Congratulations! You can sell this NFT by clicking the Sale button and continuing with the transaction.

FAQs

Is it possible to mint an NFT for free?

On some platforms, the creation of your NFT is completely free of charge. You can do this!

Is it free to mint on OpenSea?

OpenSea Mining Costs and Fees

Before a user can make their first sale through OpenSea, they are required to pay two separate fees. This cost is not a set amount, and if you are aware of how to deal with it, you have the ability to exercise full control over it. OpenSea accepts payments in Ethereum for its fees (ETH). The expenses are also variable based on the value of the cryptocurrency that is currently being used by the customer.

How to mint an NFT without gas fees?

Verify that you already possess a wallet, either one created with MetaMask or Coinbase. Navigate to the ‘My Collection’ section of the OpenSea dashboard and select the ‘Create new collection’ option. Prepare your artwork for the NFT by include your file, as well as your company’s logo, banner, name, and description. If you want to mint your NFT without having to pay a gas fee, choose the Polygon blockchain.

Why is OpenSea listing so expensive?

When minting NFTs on OpenSea, NFT artists have the option of setting royalties equal to up to 10% of the transaction price. This indicates that royalty costs will change based on the asset that is being discussed, but they can be as high as 10% of the asset’s value. For every secondary sale of the digital work, the seller is going to be responsible for paying these costs.