TL;DR - Watch the video at the end of this article!
Today, I’m gonna show you how you can mint NFTs on Rarible paying 0 gas fees! This is an update of a previous article I made about 2 months ago on how to mint your NFT on Rarible.
Rarible has recently done some upgrades on their platform and introduced some new features. One of these features is lazy minting, and this is exactly what we are going to cover in this article!
Rarible.com
The 1st step is to go to Rarible.com and log into your account by signing in to your wallet, which in my case is Metamask. If this is your first time using Rarible, you’ll also have to set up your profile: upload a profile picture, a banner and insert a short description.
After doing that, we have to click on “Create” to start the process of creating our NFT.
Single/Multiple collectible
So the 1st thing we have to do here is to choose between a single or multiple collectible. I’ve already explained what each of these options mean in my previous article on Rarible. So if you’d like to understand this and other steps of the NFT minting more in depth, I suggest you watch that video 1st. I’ll leave a link to it in the description. This video right here will mainly be an update of my previous video on Rarible.
So let’s click on “Single”
Creating the NFT
Now here, we have to upload the file we want to transform into an NFT. In my case, I’ve chosen an mp3 file, so I also have to upload a cover picture.
The next step is to choose if we are going to sell this NFT for a fixed price, if we are gonna leave it open for bids, or if we are gonna run a timed auction. Notice that there’s a 2.5% fee, but that’s only required to be paid when you sell the item.
In my last article, I’ve covered everything you need to know about this “Unlock once purchased” toggle.
It is important to understand how to use the toggle correctly, because once you create your NFT, you won’t be able to edit it anymore. In this case I’m not going to insert the link to an unlockable file. Mainly because I want to spend a little bit more time explaining the lazy minting feature itself, that’s coming up just now.
Here, we have to choose our collection. In this case I’m gonna leave it on the default “Rarible” collection. I won’t create my own ERC-721 token, since choosing this option will require paying gas fees.
Now you can see this “Free minting” option right here. By leaving it on, you won’t need to pay any gas fees for minting this NFT, only the buyer will pay for gas fees when he/she buys it.
Right now you might be wondering...why would anyone turn this option off and want to pay for gas fees when minting their NFTs?
The thing is, by choosing this free minting option, what you are basically doing is lazy minting your NFT. What this means is that your NFT is not being inserted in the blockchain until someone buys it. So basically your NFT is uploaded to the Rarible website but you won’t be able to see it in the Ethereum blockchain, it won’t be there. This is also why you can’t see lazy minted NFTs on Rarible appear in other marketplaces, like OpenSea for example.
The reason why someone might want to pay gas fees for minting their NFTs is that they want the security and the ability of seeing their NFTs inserted in the Ethereum blockchain, and also the ability of putting it on sale in other marketplaces such as OpenSea. As I showed in my previous article, once you mint an NFT on Rarible, it also becomes visible on OpenSea, but that doesn’t happen with lazy minted items. So this is why you have to choose this option wisely! In this case, I’m gonna leave it on to show you the whole process.
Next, we have to insert a title and a description for this NFT. Also, choose the royalties amount, which in this case I’ll leave at 10%.
By clicking on “Advanced settings”, it’s also possible to insert properties (very useful if your item is part of a collectible series) and a detailed description text for people with disabilities.
Now let’s click on “Create item”.
Rarible now uploads the media file and metadata to IPFS, which is very important for security. More on that in my next article.
You'll be required to sign the transaction twice.
And that’s it! Your NFT is now for sale on Rarible. You can even go to your profile and it will be showing there!
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