Lost Midas
Holograph Use Case: Mint Fee Arbitrage
Holograph unlocks entirely new use cases for NFTs. Let’s explore an example.
Mint Fee Arbitrage takes advantage of the cheap transaction costs of minting NFTs on one chain, and enables those NFTs to be bridged and sold on another, more liquid chain.
Simply put:
Mint on the least expensive chain
Sell on the most liquid chain
Here’s an example:
Mint NFTs on BSC
Bridge NFTs to Ethereum
Sell NFTs on OpenSea
NFTs will no longer be cost-prohibitive to produce, resulting in a proliferation of creativity by creators who were once priced out of the market.
This also unlocks the ability to inexpensively produce commodities like real estate deeds, medical records, and patents - at scale.
Thanks for reading and make sure to keep in touch!