FAQ

Frequently Asked Question

Why Element?

Element is an decentralized nft aggregation marketplace enabled multi-chain.

ABOUT ELEMENT

MULTI-CHAIN ALL DATA PROCESSING CAPABILITIES

Parse, synchronize,index all NFT asset data on Ethereum, polygon and BSC chains, with Multi-Chain and all data processing capability

THREE-IN-ONE PLATFORM

CREATE

Element offers a platform to Mint without coding.

DISCOVER

Element offers the NFT Pro Browser.

EXCHAHGE

Model:direct trading,blind box.

EXCHANGE SERVICE

Element supports Ethereum "erc-721" and "erc-1155" NFT protocols, and supports "direct release or blind box mode"; minimize transaction costs and meet various trading needs; The author can also add "copyright setting" in the collection setting, and the next transaction will bring up to 10% of the income to the original author.

What blockchain does Element support?

Currently Element supports BNB Chain, Ethereum, Polygon, Avalanche. We are working to get it deployed on more blockchains.

What currencies can I use on Element?

Currently Element only supports the native on each blockchain for now. Multi-currency support will be implemented soon.

How do I find my transaction hash?

Transactions are listed as activities in the Activity tab of your Profile page. Click the date of each activity will reveal the transaction in blockchain explorer website.

How can I find out how much did I receive for each sale?

You can confirm the amount of payment either from the Notifications.

What is a floor price?

Floor price is the lowest starting price in the trading market.

How do I know if the current gas fee is appropriate?

You can check the real-time gas fee through https://mycointool.com/GasNow Generally speaking, it is relatively cheap when Gas is below 50.

Glossary

Collection: A set of NFTs within the same contract.

Collection Offer: An offer which gets submitted on all items within a collection.

Contract: An Ethereum smart contract

Floor Price: The lowest amount of money required to spend to obtain an NFT using the Buy Now function.

Gas: The cost required to perform a transaction, priced in GWEI.