If I am minting NFT does the file size and type affect gas price, i.e. if that's 5 GB video or just a small 15 digits number?
Thanks,
Yury
gasgas-pricenft
If I am minting NFT does the file size and type affect gas price, i.e. if that's 5 GB video or just a small 15 digits number?
Thanks,
Yury
Best Answer
In most NFT implementations I guess you wouldn't want to upload your data to the blockchain because of the gas price, so you have alternatives:
In "EIP-721 Non-Fungible Token Standard" there is an example of the "ERC721 Metadata JSON Schema" or tokenURI that looks like this:
As you can see, it shows examples of metadata that you'll use.
In summary, NFT is a concept which can be implemented in multiple ways. But for now to it's not practical to upload 5GB of data so file-size probably wouldn't matter (Maybe only if you pay storage cost to third party storage).