Directory Image
This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Privacy Policy.

NFT Whitelisting – A Savior High NFT Gas Fees

Author: Elle Winget
by Elle Winget
Posted: Jan 01, 2022

As the world of NFTs went mainstream in the beginning of 2021, the number of people trying to catch hold of their favorite NFT surged massively. Also, with the hype around the launch of a NFT project, the participants rushed to mint the newly released NFTs at the same time.

On the brighter side of things, the entire NFT space kept growing bigger and faster than ever. But since minting an NFT involved a transaction on the blockchain, the traffic for approval skyrocketed during launch time. As a consequence, buyers were forced to pay hefty gas fess in order get their transaction executed relatively faster – often referred to as "gas wars."

The high NFT gas fee is indeed a win for the block miners, but it separates the NFT buyers who cannot afford to pay the fees.

However, as the year progressed and people became more exhausted of the gas war, many projects began to use a whitelisting strategy to launch their NFTs. And whitelisting came out to be a proven winner to help mitigate gas wars.

Understanding Whitelisting

Whitelisting is a phrase used in the cybersecurity industry to describe a list of "safe" items, but it has a different meaning in the NFT space.

Whitelisting is the way of acquiring crypto wallet addresses accepted for a future NFT mint in the case of NFTs, with a primary purpose to gas wars due to high NFT gas fee. Because most NFTs are launched on the Ethereum network, the public Ethereum (ETH) address will be whitelisted.

NFT Whitelisting

To get whitelisted in a crypto NFT community like the Plain Face Millionaires, you must follow the process/steps outlined by the NFT project developers in order to have your ETH address allowed to mint an NFT at a specific day and time.

This specific date and time for the addresses that are whitelisted is usually configured as a time frame. Some projects, for instance, may enable whitelisted addresses to mint an NFT at any point throughout a 2-day (24-hour) window.

How to Get Whitelisted?

Getting whitelisted is a simple process although it may seem complex to go about. Typically, getting whitelisted in for a NFT drop involves three steps:

  • Finding a NFT project before launch
  • Filling the Whitelist Form
  • Completing few tasks
  • Finding a NFT Project before launch

The first step is to find a NFT project you like, that has not been launched yet. A great example for the same would be the Plain Face Millionaires Club that is yet to be launched.

Some interesting projects can be found on NFT marketplaces, social media accounts of NFT influencers, etc.

  • Filling the Whitelist FormThe next step would be to fill out a form (google form), that would require you to mandatorily provide your ETH wallet address.
  • Completing a few tasks NFT projects like Plain Face Millionaire Club requires you to complete a few interesting tasks toincrease the chances of getting whitelisted. Some tasks may include:
  • Following the project’s twitter account
  • Retweeting a specific tweet of the project
  • Following the project on Instagram
  • Joining the project’s discord channel

Completing all the above steps should give you a high chance of getting whitelisted in the NFT project to mint their NFTs with priority and avoid high NFT gas fee.

Plain Face Millionaires Club Whitelisting

As we approach into 2022, we are also nearing the launch of the most-awaited NFT project – the Plain Face Millionaires Club. Given the amount of hype the project has created, it is inevitable for the NFT gas fees to skyrocket on the launch day. Thus, to avoid the gas wars, you surely do not want to miss the chance of getting whitelisted to mint the Plain Face NFTs.

To not miss out on the latest updates about the PFMC project and its NFT collection launch, make sure to follow all the social media handles of the project.

About the Author

Https://plainfacemillionaireclubnft.com/

Rate this Article
Leave a Comment
Author Thumbnail
I Agree:
Comment 
Pictures
Author: Elle Winget

Elle Winget

Member since: Dec 20, 2021
Published articles: 2

Related Articles