Both Ethereum and Polygon have their pros and cons. Let's take a closer look at this article - Should I Mint on Polygon or Ethereum? Is it Better To Use Polygon or Ethereum?
Should I Mint on Polygon or Ethereum?
In short, Polygon is less expensive to launch but has transactions with considerably lower prices than Ethereum, despite the latter having higher upfront initial costs.
Since Ethereum and Solana account for the majority of NFT transactions, these two blockchains dominate the NFT ecosystem. If you decide to use Ethereum, it may pay to consider layer 2 Polygon as a potential blockchain to start on.
Polygon Pros:
-Low transaction fees
-High transaction volume
-Fast transaction speeds
Polygon Cons:
- Low transaction value
-Low liquidity
Ethereum Pros:
- High transaction value
-High volume
Ethereum Cons:
-High gas fees
Is it Better To Use Polygon or Ethereum?
It might be a good idea to use Ethereum if you are starting a small collection with fewer than 5,000 tokens because it has a higher average transaction value and transaction volume, which increases the chance that your collection will succeed because more people are willing to pay more for NFTs on Ethereum than they are on Polygon.
However, Polygon may be a better option if you are establishing a large collection (5–10,000 pieces), since it would be considerably more affordable due to its low transaction fees. The decreased transaction fees for Polygon NFTs can result in more sales and transactions, which can increase your royalties as the project owner.
Should I Mint on Polygon or Ethereum? Is it Better To Use Polygon or Ethereum? - hopefully, this article can help you to get some knowledge.
