Thanks for this napkin math! I was a bit unsure about what a basic cost estimate is for minting one NFT, at 0075 Ethereum thats going to probably somewhere between $15-20 depending on Ethereumās value at the time of mint.
Can you give a TLDR about what āmintingā means in this context? Where will the received NFT go, where can it be custodied afterward? How can a participant assert how many NFTs they want to mint (assuming fewer than 7200 whitelisted participants)? Iām thinking about buying 0.035 ethereum so that I can potentially mint more than 1 NFT if given the chance
Personally I think itās in a market makers best interests for community members to mint some of the NFTs. If nobody in the community claimed to have minted one it would likely devalue the entire collection. So Iām not too worried about a sybil attack.
Itāll be published in around 3 hours on ECC Twitter page.
@rosenthvl@joshs you should change the tx fee to 0.00001 per memo in the instruction. Itās missing 1 zero and could confuse users. This typo is also present in ECC Twitter thread.
@yaanhyy please refer to the main forum post above. Clarity will also be provided in the forthcoming announcement on ECCās official Twitter (@ElectricCoinCo).
FYI: Multiple users are reporting issues with Zecwallet Lite (Desktop) in connecting to servers and recording outgoing transactions (perhaps not broadcasting). Myself included.
Would recommend steering users toward Nighthawk or Unstoppable, no issues thus far.
Based on personal experience using Zecwallet to participate in this, I wasnāt sure if my transaction went through so I sent another one with a different wallet. Now I hope the filtering process is forgiving, not flagging duplicate as spam.
Today is the day folks!
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