Why Do I Need ETH?
Async Art runs on the Ethereum blockchain and uses a currency called Ether (ETH) to initiate transactions. A user would need ETH to initiate transactions for three primary reasons:
- To Mint Your Artwork. Minting your artwork requires you to initiate a request to do so. Since blockchain technology is decentralized, your request requires a “gas fee” or a vehicle to transport and fulfill your request. Gas fees move on a sliding scale depending on how busy the network is (how many people are using it).
- To Buy Artwork. Async Art uses ETH as currency to purchase artworks on its platform. In order to buy an artwork, you must have ETH in your wallet.
- To Change Layers of an Async Artwork. As a Layer owner, it will cost a gas fee in order to change the state of your Layer.
To learn more about transactions on the blockchain and gas fees, please click here.
To calculate your gas fees, read more here.