A Non-fungible token is a digital identifier stored in the blockchain which cannot be modified, replaced, or copied. A non-fungible token essentially serves as ownership documentation and also certifies a digital asset’s legitimacy. As blockchain networks serve as a distributed ledger, these certificates are immutable. Such NFTs can be developed on a wide range of Blockchain networks like Binance Smart Chain, Cardano, Cosmos, Ethereum, EOS, Solana, Polkadot, and TRON.
One needs to know and understand the development cost for creating an NFT varies according to business needs. As each client is unique with various business requirements, the cost of the development also varies such as the cost of blockchain, gas fee, marketplace account fee, listing fee, etc. Ethereum and Solana are the most expensive and cheapest blockchain, respectively. The major cost of NFT mining goes into the blockchain fee.
Each company has its own costs. If you wish to know the exact cost to create nft token, it is suggested to reach out to the corresponding support team right away. They will understand your needs and share the costs based on your business requirements.