User paid $60K Fees to Mint First NFT on Ethereum after Merge

User paid $60K Fees to Mint First NFT on Ethereum after Merge

September 15, the day of ‘Ethereum Merge’ registered a reason for rejoice for every crypto enthusiast, but the celebration took a grand turn when someone paid $60k fees to mint first NFT on Ethereum after Merge.

The transition to a Proof-of-stake mechanism was celebrated by someone with the minting of the NFT titled as ‘The Transition’ at block height 15537394, with a panda face on it.

Although, it is ironic that the Ethereum Merge doesn’t help with the gas fees, someone actually went out of the way to commemorate the grand event, even if it’s at the cost of the hefty gas fees!

But several scaling solutions are expected to be introduced at a later stage to handle this issue.

Also Read: Ethereum’s Massive Merge Upgrade Successfully Went Live

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