I have a project underway using private Eth network (zero tx costs) where NFTs transfer ownership very frequently between various owners. I wish to move to Cardano for its completeness and security but am concerned about the TX fees for attempting to accomplish this. Can we presently calculate the price of transferring ownership of an NFT?
A good way to answer your question would be to find a transaction on the Cardano mainnet and see how much it cost.
Cardano Scan has a great lookup tool to see all token transactions
I picked a transaction at random which contained the transfer of a single native asset.
This shows that there were:
- 16.0 Ada of Inputs
- A fee of 0.234405
- "Change" of 14.265595 sent back to the sending address
This means a total transaction "cost" of 1.734405
That cost consists of:
- The fee of 0.234405
- A minimum Ada cost of 1.5
There are a few good references to understand how these costs are derived, as it depends on Cardano parameters but hopefully this example gave you an idea of the cost.
If you want to port your application across to Cardano, there is a great Technical Dev Guide you can use specific to minting NFTs.
Maybe the NFT will be worth more now that it is in a stack exchange answer!? :)