How to Lazy Mint an NFT on Rarible with Rarepress | QuickNode (2024)

5 min read

Overview

NFTs are great for creators to monetize their artwork and for people to get ownership of an item. But since gas prices are usually high given the highly in-demand space on Ethereum, minting an NFT or an NFT collection can become costly for a creator. Lazy minting solves this, so in this guide, we will learn how to lazy mint an NFT using Rarepress.

Prerequisites

  • Ethereum node
  • NodeJS
  • Code editor and Terminal/CLI

Why Lazy Minting?

To mint an NFT, you write data on the blockchain, which on a high level, means attaching the address of the NFT to the address of the minter. Since storing some data on the blockchain is a write operation, a gas fee must be paid. Although Ethereum is the most popular blockchain, new and existing creators often hesitate to mint an NFT on it and pay this fee since there isn’t a guarantee that their NFT would gain popularity. The concept of lazy minting solves this to an extent.

What is NFT Lazy Minting?

Lazy Minting is a process in which the creator does not have to pay the gas fee for minting the NFT upfront, and they can list it on marketplaces for sale. Whenever a buyer buys the NFT, it is minted just in time, and the minting cost is added to the total cost of the NFT. Rarible, a leading NFT marketplace, has a very convenient protocol that supports lazy minting; here, we will use Rarepress, a JavaScript library built on the Rarible protocol.

What is Rarepress?

Rarepress is a JavaScript library that provides an API interface with the Rarible NFT protocol. Rarepress provides an interface with the Rarible protocol smart contracts and works on lazy minting, so anyone with minimal experience of Ethereum can mint an NFT for free. Further, we will install Rarepress and write a short script to mint our NFT on Rarible.

Setting up Rarepress

We will write some JavaScript code and run it on CLI to mint NFT. To do so, Rarepress needs to be installed using npm, which comes with Node.js.

First, create a directory rarepress_demo and open it in your terminal.

Then install it by typing:

npm i rarepress

Now that we have installed Rarepress, we can move to creating our script to mint NFT. But we will need an Ethereum node to interact with the contract, so first, we will boot a node.

Create a QuickNode Ethereum Endpoint

Rarepress interacts with the Rarible protocol contracts deployed on the Ethereum blockchain. To do so, it requires an Ethereum RPC connection. To save the time and burden of creating an Ethereum node, we will create a free QuickNode account here and easily create an Ethereum endpoint.

How to Lazy Mint an NFT on Rarible with Rarepress | QuickNode (1)

Save the HTTP provider URL as we will use it next.

Lazy Minting an NFT on Rarible

Now that we have everything in place, let us write the script to mint our NFT. Create a JavaScript file index.js, and paste the following code in it:

const Rarepress = require('rarepress');

const mint = async () => {

const rarepress = new Rarepress();

await rarepress.init({ host: "ADD_QUICKNODE_HTTP_URL_HERE" })

let cid = await rarepress.fs.add("ADD_LINK_TO_IMAGE_HERE") //We will be using "https://i.imgur.com/7VtdUHN.jpeg" for this example

let token = await rarepress.token.create({

type: "ERC721",

metadata: {

name: "NAME_OF_YOUR_TOKEN", //We will be using "Hello World NFT" for this example

description: "DESCRIPTION_OF_YOUR_TOKEN", //We will be using "Minting NFT so easy!" for this example

image: "/ipfs/" + cid

}

})

await rarepress.fs.push(cid)

await rarepress.fs.push(token.tokenURI)

let receipt = await rarepress.token.send(token)

console.log(`Check token at: https://rarible.com/token/${receipt.id}`)

process.exit()

}

mint()

In your code, replace:

  • ADD_QUICKNODE_HTTP_URL_HERE with QuickNode’s HTTP URL from the last step.
  • NAME_OF_YOUR_TOKEN with a custom name for your token.
  • DESCRIPTION_OF_YOUR_TOKEN with a custom description for your token.

Explanation of the code above:

Line 1: Importing the Rarepress library.

Lines 3-4: Creating an async function mint and initializing a new Rarepress instance.

Lines 8: Adding our image to the Rarepress file system.

Lines 10-17: Creating a new token and adding a metadata array. type is the type of token; ERC721 or ERC1155 are supported by Rarepress. name and description are the name and description of your token, and image will store the IPFS address with the path of your NFT asset.

Lines 19-20: Storing the image to IPFS.

Line 22: Pushing the token to the Rarible marketplace.

Line 24: Printing the token’s id along with a URL to Rarible so that we can get a link to directly view the token on the marketplace.

Line 25: Ending the script process after successfully publishing our NFT on Rarible.

Line 27: Calling the mint function.

Save the file and run it using:

node index

Once you run the script, you will be prompted with the option to enter a seed or create a new seed. You can generate the seed of your already existing wallet or create a new one; another step will be to set a password for the wallet, which will be used every time you mint using Rarepress.

After successful execution, the output will look like this:

How to Lazy Mint an NFT on Rarible with Rarepress | QuickNode (2)

The link from the output should take you to the NFT’s page on Rarible.

How to Lazy Mint an NFT on Rarible with Rarepress | QuickNode (3)

Conclusion

Congratulations on listing your NFT on a marketplace for free. In this guide, we learned about lazy minting and how to lazy mint an NFT using JavaScript and Rarepress.

Subscribe to our newsletter for more articles and guides on Ethereum. If you have any feedback, feel free to reach out to us via Twitter. You can always chat with us on our Discord community server, featuring some of the coolest developers you’ll ever meet :)

How to Lazy Mint an NFT on Rarible with Rarepress | QuickNode (2024)

FAQs

How to lazy mint an NFT? ›

Here are the steps for getting started with lazy minting NFT OpenSea:
  1. Set up a crypto wallet: ...
  2. Connect your wallet to OpenSea: ...
  3. Create a collection: ...
  4. Initiate the minting process: ...
  5. Review and confirm the transaction: ...
  6. Wait for the minting process to complete:
Nov 29, 2023

What is the easiest way to mint an NFT? ›

The easiest way to mint an NFT involves using user-friendly platforms with simplified processes. Choose a user-friendly NFT marketplace like OpenSea. Connect your digital wallet to the chosen marketplace. Upload your digital asset and follow the platform's straightforward minting process.

Can you mint NFTs on Rarible? ›

Rarible supports minting on multiple blockchains. This means you can create items on your preferred blockchain. The cost to create an NFT is dependent on your blockchain.

Is Lazy Minting good? ›

Higher congestion levels in a blockchain network lead to an increase in gas fees, thereby increasing NFT minting costs. On the other contrary, lazy minting solves the problem by taking away the need to pay higher gas fees for NFT minting.

Who offers lazy minting? ›

OpenSea has a smart contract that supports lazy minting, Rarible does it, too. Create an NFT signature signed with your private key. When someone purchases the NFT, he pays its price and the gas fee. Then, the NFT is successfully lazy-minted (recorded in the decentralized database) and passed to the new owner.

Is lazy minting free? ›

Lazy minting allows you to create ERC-721 & ERC-1155 NFTs for free (zero cost). Your NFT will officially be minted only once a buyer purchases it because the buyer pays for the gas fees, not the creator. Your NFT will still be listed on Rarible's marketplace even though the item isn't officially minted yet.

How much does it cost to mint a 10K NFT collection? ›

Cost to mint NFTs using Different Blockchain

Solana is one of the blockchains that can cater to the creation of 10,000 NFTs. While the platform previously charged only 0.21 cents per NFT, its current fee to mint a single NFT stands at $2.16. At this rate, the cost of minting 10,000 NFT will be over $21,000.

What is the best NFT minting platform? ›

Top 10 Most Popular NFT Minting Platforms in 2024
  1. OpenSea. OpenSea, a frontrunner in the NFT space, boasts a vast marketplace spanning multiple blockchains. ...
  2. Rarible. ...
  3. Mintable. ...
  4. Foundation. ...
  5. SuperRare. ...
  6. Nifty Gateway. ...
  7. AtomicHub. ...
  8. Enjin.
Feb 23, 2024

Is it possible to mint an NFT for free? ›

While technically you should pay a gas fee every time you mint an NFT into the blockchain, marketplaces such as OpenSea and Rarible allow you to mint as many NFTs as you want for free! At least it's free for you. The gas fee will be covered by the buyer of your NFT.

Is Rarible better than OpenSea? ›

OpenSea vs.

OpenSea has a commission fee of 2.5% of the sale price, while Rarible charges a commission of 1% from both buyers and sellers. On OpenSea, NFT creators have a fixed royalty fee of 10%, but on Rarible, creators can earn up to 50% in royalty fees.

Which wallet is best for Rarible? ›

What crypto wallets can I use with Rarible?
  • Rarible supports multiple wallet providers across multiple chains. ...
  • We support major Wallet providers such as: MetaMask, Ledger, WalletConnect, Bitget Wallet and Coinbase. ...
  • Note: Click on the Wallet Name if you would like to find out more about the provider.
Sep 4, 2024

How long does it take to mint on Rarible? ›

Depending on the transaction speed and the congestion of the blockchain, it can take seconds, minutes or in the worst case up to an hour for the minting to complete.

How to cheaply mint NFTs? ›

How to reduce NFT minting costs?
  1. ‍Lazy minting. Lazy minting has become a popular way of reducing minting costs. ...
  2. Minting the NFTs over a period of time. ...
  3. Reducing the number of transactions. ...
  4. Reducing transaction size. ...
  5. Use a Layer-2 scaling solution. ...
  6. Waiting for further developments.

Can you make money from minting? ›

Minting new NFTs could be very profitable in the 2021/22 NFT bull run, but this year, while minting NFTs can make money, it requires a much more selective approach.

Is minting the same as mining? ›

Mining is a highly complex process that requires specialized hardware and software. It involves solving complex mathematical equations to validate transactions and create new coins. In contrast, minting is a relatively simple process involving holding coins or tokens in a wallet and earning rewards.

Can you do lazy minting on OpenSea? ›

Integration with NFT Marketplaces

Lazy Minting seamlessly integrates with popular NFT marketplaces like OpenSea, offering creators a wide-reaching platform to showcase and sell their on-demand NFTs. This integration streamlines the selling process, making it accessible to a global audience of NFT enthusiasts.

How much does it cost to mint 1 NFT? ›

The cost to mint an NFT will vary depending on the marketplace you use and the blockchain you mint on. To mint on Ethereum, the most popular blockchain for NFTs, you'll usually have to pay gas fees, which can get costly. Along with listing fees and commissions, your costs could range anywhere from $0.01 to $1000.

How to mint a 10K NFT collection? ›

How Can I Create My Own 10K NFT Collection from Scratch?
  1. Step 1: Create Your Base Artwork and Traits. ...
  2. Step 2: Use an NFT Collection Generator. ...
  3. Step 3: Upload NFTs to IPFS to Attain Your CIDs. ...
  4. Step 4: Create a Smart Contract to Mint Your 10K NFT Collection. ...
  5. Step 5: Sell and Trade Your 10K NFT Collection.
Mar 27, 2024

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