Price for minting on Statemint

> Wong claims minting one million uncompressed [NFTs](https://dailycoin.com/nfts-revolutionary-digital-asset-collectibles-cryptocurrency-trend/) can cost over $250,000 or 12,000 SOL. With state compression, that number is [expected](https://solana.ghost.io/content/images/2023/04/State-Compression-Blog-1--2-.png) to drop to $110 or 5 SOL – a 2,400-fold reduction.

> Wong claims minting one million uncompressed NFTs can cost over $250,000 or 12,000 SOL. With state compression, that number is expected to drop to $110 or 5 SOL – a 2,400-fold reduction.

1000000 NFTs $110 or 5 SOL

1 SOL - $25 at writing this

The ideal competitive price for Statemint would be $100/1000000 NFTs -> $0.0001 per item. -> 0.0005 DOT for one item?

Ref
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- https://dailycoin.com/solana-cuts-nft-minting-costs-by-over-2400x-heres-how/
- https://twitter.com/solana/status/1643972968433975296

Start by reviewing the pricing figures and linked references in issue #109. The issue does not name a file, test, entry point, or implementation target; define the intended Statemint pricing change and acceptance criteria before work begins.

Written by the indexing model from the issue text.