in this video as promised i will tell you how much “ive spent” and gave on one nft on groundwork i will show step by step what fees i did starting from indian nft until the settling auction and pain feeds to groundwork and will show you my total any earnings and net income from one nft so the first step you will have to do on groundwork is to meet the nft i have to say that there are separate steps for intersect and roll so with minton unft will appear on foundation but won’t be available for purchase yet so let’s look at this first transaction that was for minting on snf scan and see what rewards i paid so i paid 73 moment 35 dollars for this transaction as you know guest costs are lower sometimes than other days so what i do to catch the lower gas rewards i used to use a patron now website but now it’s not available it was closed on october 15 regrettably because it was chinese company uh if you know good alternatives to get clients now do let me know in comments i am searching for a good alternative as well but still i have this uh average gas rate table from guess now it’s two weeks old but still it’s applicable um in a way that you know when the gas rewards are low and when they are high so according to this table and it’s true uh till this time i don’t know how it will be in future but i still use it for now uh the best uh time to meet nfts is sunday uh like about uh in the morning like nine ten eleven twelve thirteen fourteen o’clock too saturday is pretty much uh lower patron costs and monday but not weak daytimes as you participate they can be as high as four 400 gwa for guest fees by the way how you calculate your guess fees those are prices in g room what i usually do i multiply this by uh the list for 100 thousand this is the approximate number of business that are in smart contract for nft and then might multiply it by the price by ethereum expenditure in dollars at the moment or ga price in dollars guy is the fraction of a serum and then you will get your fee at the moment the good guess price for minting is 60 to 80 dollars so when you see this price this is a probably good time to meet so after the intersect the next step would be listing in order to realise our nft available for purchase so for a lean and nft i paid at the transaction fee 59 virtually 60 dollars so for now you are done your nft is listed it’s available for purchase you go and promote your nft until somebody buys it when individual regions the first pulsate the auctioneer starts and it will previous for 24 hours uh the clothing the auction to this ending uh it can appear on the central sheet here on foot now these preferably stranded auctioneers so soul may place another attempt at the auction and it’s if it happens uh in the last 15 hours of your time it will be extended for another i think 15 hours until the last video triumphs and your auctioneer actually intention formerly the auction ended you have to pay another transaction to settle it it’s done by the artist but actually can be done by collector as well craftsmen have to do that to claim their ethereum or collector can do that it to claim their nft so i did it for my auctioneer this event fee was 45 dollars so the total amount i spent is this amount i’ll i’m doing calculation here and at the moment in dollar this wall was this price minus the foundation uh platform fee they take 15 percent reasonably high percentage equating to other nft stages and net income is this amount i have to say that now in my purse this amount is a little bigger because at the moment the cost was 3.746 and now the ethereum toll is 400. 226 uh which is cool and by the way my numerous sellers are speculation that ethereum premium is likely to be 15 000 by rally uh 2022 so not a fiscal admonition but you are familiar with some ethereum in your purse never has especially if you are into nft so that’s pretty much it about all the spendings and earnings on one nft hope this was useful information for you please subscribe to this channel and abide tuned for more tips about nft’s selling to foster and different scaffolds see you in the next videos[ Music]
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