Want to create and sell NFTs? A look at top 5 NFT marketplaces
Greeting everyone, I hope we all are doing good, in this article I am going to list some of the best NFT marketplaces where you can get your digital collectible published, catering to the right audience.
Non-fungible -tokens (NFTs) have grow in popularity as celebrities and tech evangelists continue to jump into the cryptocurrency bandwagon. What makes NFTs interesting is that they are fueled by blockchain technology and give exclusive ownership to the artists and creators. If you’re an artist who is looking to convert and sell your digital art such as an image, video, GIF, music, etc to an NFT, then this article is for you.
1) OpenSea: OpenSea is one of the largest NFT marketplaces. The platform facilitates creating, buying and selling NFTs. It is also called as the ‘ebay’ of NFTs, catering to more than 600,000 users, hosting 2 million collections comprising 80 million NFTs. The platform gives a quick tutorial if you are a first time NFT collector. OpenSea supports images, video, 3D and music. It allows every artist, creator to buy, sell or even auction their NFTs. To create or ‘mint’ an NFT, users pay something called ‘gas fee’. Gas fee is basically thr Transaction fee required to register your digital art into the blockchain smart contract.
2)Rarible: Rarible ranks second on our list. It caters to a huge audience just like OpenSea. The homepage displays top sellers and NFT art collections, and allows you to search for NFTs via categories such as photography, games. The platform allows users to create an NFT, sell them for a fixed price or even conduct an auction. It should be noted that you don’t have to necessarily sell every minted NFT, you can merely house them on the platform.
3) Foundation: Foundation NFT marketplace is not open-to-all. It is an invite-only platform, meaning that you need to be nominated by an existing user of the platform to be able to use the NFT marketplace. To nominate any user, creators on Foundation will need to sell at least one NFT on the marketplace before they can send out invites.
This platform works quite similar to OpenSea and Rarible. If the piece is resold on the secondary market, a 10 per cent royalty goes to the wallet that originally minted the NFT—in perpetuity.
4) SuperRare: SuperRare NFT marketplace as the name describes, is the platform for unique and single-edition digital artworks. Each artwork is created by a verified artist and every artwork is distinctly different from each other on SuperRare. There is a 3 per cent transaction fee for all purchases on the platform.
5) Solsea: The Solsea NFT marketplace is based on Solana Network. What makes Solsea unique is that it allows customers to attach licenses to their NFT items. This is a proprietary system for embedding copyright on copyrighted tokens, Solsea offers two options for users—private and public listing. Users have the option to make their NFT public to all or private to only few people in the community.
Wow! This was indeed very informative. I would love to learn more about NFT