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Key Points:
Ethereum NFT users have been disappointed by the huge gas fee they have to pay on the Ethereum network to buy NFTs. This was the biggest challenge that Ethereum NFT enthusiasts experienced during the recent Bored Ape NFT sale. The cost of the gas skyrocketed to $3,300 for all NFT transactions. Even for a $20 NFT, Ethereum NFT enthusiasts were supposed to pay $3,300 for the gas fee.
The Ethereum gas fee was unrealistic, something that made so many NFT enthusiasts miss out on the Bored Ape NFT sale. The rising Ethereum gas fee has been an issue, but for this specific time, it was too expensive. The gas cost was more than the price of NFT, and that's why many people missed out.
How much will the NFT price need to increase to cover the $3,300 paid for gas? This looks like a bad NFT investment on the Ethereum chain. But the gas fee problem has been addressed almost comprehensively by the Bitgert BRC20 blockchain, which has the best NFT marketplace platform right now.
The Bitgert (BRISE) team has addressed some of the biggest problems making Ethereum gas expensive. According to crypto experts, the Ethereum gas fee rises whenever the Ethereum network is overwhelmed by traffic. This is because of the poor scaling of the Ethereum chain.
The Bitgert team has solved the scalability issue by developing the fastest chain. The Bitgert BRC20 chain supports 100,000 TPS, which makes it NFT marketplace super-fast compared to Ethereum. This means that the Bitgert chain will never get overwhelmed like Ethereum, hence the price of gas is maintained at almost zero.
The overall gas cost on the Bitgert chain is $0.0000000000001 for every transaction. Due to the Bitgert chain's high speed, this gas fee is maintained. Unlike Ethereum, Bitgert NFT marketplace users can enjoy the zero-cost gas fee for a longer time, regardless of the traffic on the network.
The bottom line is that the Ethereum gas fee will be one of the biggest challenges for NFT enthusiasts. But Bitgert will be offering one of the best NFT marketplace options that offer zero gas fees for NFT transactions. So Ethereum NFT users and developed can still migrate to Bitgert NFT marketplace to enjoy a faster chain and zero gas fee transactions.
