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Getting Started with Fuel L2 NFTs
Fuel, one of Ethereum's most experimental L2s to date, is now live and ready to explore.
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⛽ Fuel is a new Ethereum Layer 2 unlike any L2 we’ve seen before—don’t sleep on its NFT scene!
- Fuel is an L2 project I’ve been following for four years. I remember donating to its Gitcoin page in 2020. Fast forward to today, and its evolved form, Fuel Ignition, has just launched its mainnet.
- What makes Fuel special, then? While Ethereum and all other contemporary L2s use account-based models, Fuel’s FuelVM architecture relies on an unspent transaction output (UTXO) approach. It also appears to be the first “Stage 2” optimistic rollup.
- Zooming in, this UTXO style allows Fuel to process transactions in parallel, making the L2 very efficient for handling high volumes without congestion bottlenecks.
- Bottom line? L2s don’t have to be equivalent with the Ethereum Virtual Machine (EVM). There is tons of room for experimentation here. Accordingly, the FuelVM is a new advance that has pushed the boundaries of what’s possible atop Ethereum.
- Of course, another reason to be paying attention to Fuel is a potential token airdrop, as most L2s eventually do. Suggesting this possibility is the Fuel Points program, which just entered Phase 2 with the mainnet launch.
- Fuel Points can be earned in various ways, like paying for transactions (Gas Points), deploying funds (Passive Points), and being an early user of Fuel Ignition (Loyalty Multiplier).
- As such, exploring the Fuel NFT scene now is doubly interesting: 1) Fuel will likely rise in importance in the Ethereum ecosystem, 2) and you may eventually be rewarded for your adventuring here with a Fuel token airdrop.
- So what’s there to do around Fuel NFTs today? First—with a wallet like Fuelet, MetaMask, or Phantom—bridge into the L2 via the current main avenue, the canonical Fuel bridge. Later, fast third-party bridges like Layerswap or Orbiter Finance will add support. Then, some initial options to consider…
- ⚡️ Thunder — This is one of the first NFT marketplaces on the Fuel mainnet. Drops for collectors are coming soon, meanwhile creators can currently sign up for the project’s Creator Program.
- 🚀 Props Octane — This is a launchpad platform that makes it easy to create editions or collections of NFTs on Fuel. The site also lets you curate your Fuel mints into galleries, which is a nice touch.
- ⚔️ Executoors — This is one of the first NFT collections on Fuel, and it’s a fun silly riff on execution environments. When I last checked, there were still +4,000 left to collect, so it’s a potential avenue to rack up your first mint on the L2.