<p dir="ltr">Non-fungible tokens are playgrounds for art creators to freely challenge their creativity. It sounds very intriguing when artists can save a lot of money for third parties to successfully advertise the artworks to the mass. However, when NFTs are getting reached more by the mass, the fees for artists to create products on typical digital platforms also proportionally increases.&nbsp;</p><p dir="ltr">Although the fees here can be quite modest compared to the traditional art publishing mechanism, optimizing the price to the cheapest cost can enhance what creators want. Especially to those new to NFTs, paying a huge chunk of money up in advance without knowing whether their work will sell out is terribly risky. Therefore, NFT creators&nbsp; wonder whether there is a way to mint NFT for free, and "lazy minting" appears to be the answer to this concern.&nbsp;</p><p dir="ltr">But, what exactly is lazy minting and how does it work? Builder.news will explain this curious question through this article.</p><h2>About Lazy mint</h2><h3>What is lazy minting?</h3><p class="prosemirror-p-center"><img src="https://cdn.builder.news/news/11ed1896c3ffa654a8e6023f659fee92.jpg" alt="what is lazy minting" title="what is lazy minting" width="600" height="361" class="lykafe0"></p><p dir="ltr">In the current market, the greater the number of people executing blockchain transactions, the higher the network traffic and congestion.It makes an increase to the gas fees and leads to the NFT minting&nbsp; being an expensive affair. However, top-tier NFT marketplaces such as OpenSea and Rarible quickly adopted the "lazy minting" method to help their creators be exempted from paying a higher gas fee.&nbsp;</p><p dir="ltr">In simple terms, while artists have to pay a gas fee as soon as they list NFTs on the&nbsp; marketplace as a normal practice, "lazy mint" refers to the practice of minting or creating NFTs&nbsp; “just in time" at the point of purchase.</p><p dir="ltr">In a more specific explanation, the NFTs creators are not obligated to pay the gas fees immediately when they create their digital assets. Instead, they can pay the charge for the operation process and other resources when their NFT is purchased in real terms by employing lazy minting. The option to pay the gas price later allows them to experience the benefits of free NFT minting while initially saving money.</p><p dir="ltr">Compared to lazy minting, <a href="https://www.builder.news/news/how-to-mint-nft-an-indepth-guide-to-mint-nft-in-2022" title="How to mint NFT" target="_blank" rel="" class="">the process of mint NFT in a normal way</a> will be more simple as it doesn’t require creators to create a signature and sign it through a private key.&nbsp;</p><p dir="ltr">The gas fee is paid after the NFT is sold and sent "on-chain" when a potential buyer expresses interest in purchasing one. As a result, rather than the NFT makers, the burden of free NFT minting lies with the consumers. The lazy minting process, in addition to being cost-effective, minimizes wasteful computational resources because only sold NFTs are minted.</p><p dir="ltr">However, it is important to note that lazy minting does not exempt anyone from paying the fee for accessing the blockchain network's processing capacity. As a result, once the NFT creator's artwork is acquired, they must pay the gas fee.</p><p dir="ltr">In summary, the notion of lazy minting allows artists and producers to freely develop new NFT artworks and sell or resell them without fear of loss through free NFT minting.</p><h3>Pros and cons of lazy minting</h3><h4>Pros</h4><p dir="ltr">Lazy minting bring a lot of advantages for users, including:</p><ul><li><p dir="ltr">Reducing the pressure of gas fees: Sellers can incorporate the charge into their pricing models by transferring the gas fee payment to mint NFTs after the sale, making the expensive fees less of a disincentive to budding artists.</p></li><li><p dir="ltr">Lowering the entry barrier: One of the primary advantages of lazy minting is that it lowers the entry barrier imposed by the high gas expenses required to mint an NFT, making the process more inexpensive for artists and developers.</p></li><li><p dir="ltr">Encouraging liquidity: Because NFTs can only be transferred after they have been sold, lax minting encourages liquidity. This keeps sellers from having a stockpile of minted, unsold NFTs, and it keeps purchasers from having to wait endlessly for the NFT to be transferred to them.</p></li></ul><h4>Cons</h4><p dir="ltr">Besides advantages, lazy minting also has a few disadvantages which should be improved in the future, such as:</p><ul><li><p dir="ltr">Loss of control: Although lazy minting directly removes gas costs for sellers, this means that a certain number of control points from the developer or artist are also lost. In other words, as choosing to lazy mint, sellers no longer have a chance to decide who buys their product and when it’s transferred.</p></li><li><p dir="ltr">Less secure: One of the key drawbacks of lazy minting is that it is less secure than regular minting. Because the NFT is not stored on the blockchain, it is more vulnerable to being hacked or stolen.</p></li></ul><h2>Lazy minting on different platforms</h2><p dir="ltr">As mentioned above, OpenSea and Rarible are two platforms that allow their users to use lazy mint. Therefore, in this phrase, we'll go over how to do free NFT minting on these two platforms.</p><h3>OpenSea lazy minting</h3><p class="prosemirror-p-center"><img src="https://cdn.builder.news/news/11ed1896c3ffae6ea8e6023f659fee92.jpg" alt="open sea lazy minting" title="open sea" width="600" height="295" class="lykafe1"></p><p dir="ltr">The process of OpenSea lazy minting will start when you create an account on this platform and connect it with your Ethereum wallet. In order to do this step, you may refer to the detailed guide in this<a href="https://www.builder.news/crypto-insights/how-to-use-opensea" title="How to use OpenSea NFT marketplace" target="_blank" rel="" class=""><u> </u>article</a>.&nbsp;</p><p dir="ltr">After you've created your first OpenSea NFT collection, you can improve or add the logo, banner, name, and description if you have them. The following step will ask you to select your favorite blockchain. Use the Polygon blockchain, for example, to enable the provision of free NFT minting.</p><p dir="ltr">Finally, start lazy minting your NFT by selecting "Collection" and "Add Item."</p><h3>Rarible lazy minting</h3><p class="prosemirror-p-center"><img src="https://cdn.builder.news/news/11ed1896c3ffb294a8e6023f659fee92.jpg" alt="rarible lazy minting" title="rarible nft marketplace" width="600" height="278" class="lykafe2"></p><p dir="ltr">Similar to OpenSea, before using lazy mint, users need to create an account and connect it with their wallet. To accomplish this step, you may read a more particular guide in <a href="https://www.builder.news/news/how-to-use-rarible-nft-marketplace-WF9Lx" title="How to use Rarible NFT marketplace" target="_blank" rel="" class="">this article.</a></p><p dir="ltr">When minting NFT, you will find numerous options available. You can select free NFT minting from among them. As a result, choose 'Free minting' from the list of options. Then, select 'Create Item' and sign free authorizations using your wallet.</p><p dir="ltr">The NFT will be created once this phase is completed. After completing the transaction, the NFT will be minted in your wallet and transferred to the new owner automatically.</p><h2>FAQs</h2><ol><li><p dir="ltr"><strong>Lazy Minting is better?</strong></p></li></ol><p dir="ltr">If you want to avoid paying a gas price up front without selling your NFT artwork and earning a reward, lazy minting is a suitable solution. However, if you don’t have problems with gas fees, you should choose mint NFT in a normal way to ensure security as well as manage your NFTs.</p><ol start="2"><li><p dir="ltr"><strong>&nbsp;Is minting more secure than lazy minting?</strong></p></li></ol><p dir="ltr">Of course. Because the NFT is not saved on the blockchain and can thus be more easily hacked or stolen, lazy minting is less secure than normal minting.</p><div class="pr-block-special"><strong>Disclaimer:</strong><br>This article is intended for and only to be used for reference purposes only. No such information provided constitutes advice or a recommendation that any investment or trading strategy is suitable for any specific name.</div><p><br></p>

The fee gas for minting NFT is always a concern of creators as they don't know whether their NFT has a chance to sell. Therefore, lazy minting was born to solve this problem. Through this article, we will know exactly what lazy minting is and how it works.

Lazy mint - An optimal solution for NFT creators?