# Why I minted this $5 NFT on Forma (for future airdrops)

**Published by:** [Signal Compounders](https://paragraph.com/@fipcrypto/)
**Published on:** 2024-06-01
**Categories:** airdrop, web3, defi, blockchain, crypto
**URL:** https://paragraph.com/@fipcrypto/why-i-minted-this-dollar5-nft-on-forma-for-future-airdrops

## Content

Forma presents another easy interaction for Hyperlane, but the genesis NFT is expensive (~ $5). Is this NFT worth the investment or just another letdown like Rari Chain? I break down why I decided to mint it and shared the cost breakdown for this NFT:Forma is a Blockchain for On-Chain CreationsForma is a blockchain for on-chain creations, something similar to Zora.I could not find any information about its funding. These were the fees I paid on this chain:1. Bridging TIA to FormaBridge TIA to Forma Forma is an EVM-compatible chain, so you need both your Celestia and EVM wallets to bridge funds over.Total bridge fee: 0.0288 TIA ($0.30) This transaction does not show up on the Hyperlane Explorer as it does not support Forma chain yet: Hyperlane Explorer2. Minting the Glover Interface NFTMinting the Glover Interface NFT The first NFT on this chain is expensive at 0.5 TIA ($5.25).I used the rewards I earned from staking 55.7 TIA to purchase this NFT. This reminds me of @RariChain where they milked everyone with NFT mints at ridiculous prices. But Rari already had a token, and given that Forma uses @AstriaOrg ($5.5 million funded sequencing layer): Pushing transactions on this chain could qualify us for future airdrops. If they have a create feature like Zora, it's worth creating some NFTs on this chain too. The good news is gas is cheap on Forma, and here's how much I paid for the mint:Mint fee: 0.5 TIA ($5.25)Gas fee: 0.0060870744 TIA ($0.06)Total fees paid: $5.61 A new mint will be released in 3 days' time, and I hope it costs less than 0.5 TIA. Apart from Forma, you can take advantage of low gwei to push one more transaction on Hyperlane: Bridging ETH to Viction. I shared this transaction in my essential list of Ethereum transactions below: Essential Ethereum TransactionsThanks for reading! If you want more like this, join my Discord server for more exclusive alpha.

## Publication Information

- [Signal Compounders](https://paragraph.com/@fipcrypto/): Publication homepage
- [All Posts](https://paragraph.com/@fipcrypto/): More posts from this publication
- [RSS Feed](https://api.paragraph.com/blogs/rss/@fipcrypto): Subscribe to updates
- [Twitter](https://twitter.com/fipcrypto): Follow on Twitter

## Optional

- [Collect as NFT](https://paragraph.com/@fipcrypto/why-i-minted-this-dollar5-nft-on-forma-for-future-airdrops): Support the author by collecting this post
- [View Collectors](https://paragraph.com/@fipcrypto/why-i-minted-this-dollar5-nft-on-forma-for-future-airdrops/collectors): See who has collected this post