# FAQ

### 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? <a href="#what-blockchain-does-tofunft-support" id="what-blockchain-does-tofunft-support"></a>

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? <a href="#what-currencies-can-i-use-on-tofunft" id="what-currencies-can-i-use-on-tofunft"></a>

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? <a href="#how-do-i-find-my-transaction-hash" id="how-do-i-find-my-transaction-hash"></a>

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? <a href="#how-can-i-find-out-how-much-did-i-receive-for-each-sale" id="how-can-i-find-out-how-much-did-i-receive-for-each-sale"></a>

You can confirm the amount of payment either from the Notifications.  &#x20;

&#x20;                                      ![](https://1399491855-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FWeYy7jI65iEySLlTRVYf%2Fuploads%2FRQVO8ArtQCAot4AEyYEZ%2Fimage.png?alt=media\&token=8b218724-1c6c-4eb7-ab2a-ea35ca4d8571)

### What is a floor price? <a href="#what-is-a-floor-price" id="what-is-a-floor-price"></a>

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.

\ <br>