cNFT: Minting a million NFTs on Solana for a few tens of dollars.

Compressed NFT, or cNFT for short, is Solana's solution for minting millions of non-fungible tokens at a low cost. Printing a batch will cost less than 1 SOL.

Compressed NFT, or simply cNFT, is a solution for minting non-fungible tokens on Solana. Its strength is that such tokens will cost thousands of times less than regular NFTs.

When storing data, NFTs use a technology known as Merkle Trees. Solana engineers added the ability to simultaneously update Merkle Trees several times in one block, thereby achieving lower prices.

The Compressed calculator allows you to track the minting prices of regular and compressed NFTs, as well as calculate the cost of issuing your batch of tokens. At the time of publication, minting 1 million cNFTs will cost 0.3-7 SOL depending on the compression type. Regular - not compressed - NFTs will cost 58 SOL

Using Compressed NFT technology, the first well-known collections in the Solana community were created - DRiP and Deez Nuts. The latter is not just another “cryptopunk”, but characters created in the style of the real Australian punk rock band Deez Nuts.#NFT‬⁩ #DeFi #binance #SOL