Gas War NFT refers to a situation where multiple buyers compete to purchase a non-fungible token (NFT) during a high-demand drop or sale, leading to skyrocketing gas fees. Gas fees are the costs associated with executing transactions on blockchain networks like Ethereum. When an NFT is released, collectors often rush to mint or buy it, causing congestion on the network. This rush can result in users willing to pay higher amounts for gas to ensure their transactions are prioritized by miners. This creates a “war” as buyers try to outbid each other in terms of gas prices.As a result, some buyers may end up paying excessive fees, sometimes exceeding the actual price of the NFT they want. This phenomenon highlights the challenges and unpredictability associated with NFT buying, as well as the impact of network congestion and demand on transaction costs.