High gas prices on Ethereum can make it cost prohibitive to mint and trade NFTs on the mainnet. According to developer Austin Griffith "Based on the current gas prices (08/28/2020), it costs between $15.00 and $50.00 to mint a single piece of NFT artwork on Ethereum and $3.00 or more to send it to another account." EtherLite solves this issue with minting, trading and storing NFTs. Once value is established and/or access on Ethereum is required, unique assets, along with all associated metadata, can be transferred to Ethereum with the TokenBridge. This system provides a fast and inexpensive way to create and manage NFTs across the blockchain ecosystem.