5 Best NFT Marketplaces To Sell - PowerPoint PPT Presentation

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5 Best NFT Marketplaces To Sell

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In this blog, we have listed 5 Best NFT Marketplaces To Sell. NFTs are on their way to becoming a bandwagon craze in the Investment And Digital Art worlds. And why not? They are rare, unique, private, autonomous, easy to use, and have lower transaction costs. Moreover, NFTs empower content creators in this digital era. They introduce artwork from stencils and paper to the ever-amusing digital world. – PowerPoint PPT presentation

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Title: 5 Best NFT Marketplaces To Sell


1
5 Best NFT Marketplaces To Sell
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  • NFTs are on their way to becoming a bandwagon
    craze in the Investment And Digital Art worlds.
    And why not? They are rare, unique, private,
    autonomous, easy to use, and have lower
    transaction costs. Moreover, NFTs empower content
    creators in this digital era. They introduce
    artwork from stencils and paper to the
    ever-amusing digital world.
  • NFTs, or Non-fungible tokens, are based on
    Blockchain Technology. They are a one-of-a-kind
    collectible digital asset that guarantees the
    authenticity and ownership of the artwork. It
    could be anything from music, artwork, digital
    cards, videos, GIFs, to tweets. Many celebrities
    and brands are participating in the NFT space,
    including Grimes, William Shatner, UFC, Paris
    Hilton, Shawn Mendez, etc. The artist Beeple hit
    the headlines when he sold the NFT for 69
    million. In addition, the NFT sales have surged
    by 55 since 2020, from about 250 million to
    389 million.
  • One thing is evident NFTs have the potential to
    be the next big thing. So if you have already
    created digital artwork and are looking for a
    platform to sell it, youve come to the right
    place!
  • In this blog, we have listed 5 Best NFT
    Marketplaces To Sell

3
  • 1. Foundation
  • Website https//foundation.app/
  • The Foundation was launched in February 2021 and
    aspires to build a new creative economy for
    creators, artists, and collectors. It is a
    community-curated platform where digital
    expressions are valued in new ways using
    the Ethereum Blockchain. The platform also helps
    creators to build connections with their
    audience. In August 2020, their first blog on the
    website announced an open call for creators to
    experiment with Cryptocurrency and explore the
    concept of value. They invited creators to hack,
    subvert, and manipulate the value of creative
    work.
  • Foundation has hosted viral internet memes such
    as the Nyan Cat, which was sold for 590,000, and
    Paks Finite record, which is now worth 809,780.
    They have also hosted various popular creators,
    such as Pussay Cats Nadya Tolokonnikova, Edward
    Snowden, Kim Laughton, Dom Hofmann, and the Aphex
    Twin. The work of the creators is arranged in the
    pattern of grid cards, with trending auctions at
    the top of the page, followed by featured
    artists.
  • To join the marketplace, you need to be invited
    by members of the community. Once invited to
    create an artist profile, the creator needs to
    fund their MetaMask wallet with ETH before
    creating an artist profile. The minting of the
    NFT involves uploading PNG, JPG, or video files
    to IPFS, a decentralized P2P storage system. It
    will thereafter be an NFT that is valued at ETH
    and auctioned. Creators receive 85 of the final
    sale price, whereas if the piece is resold, a 10
    royalty is given to the wallet that first minted
    the NFT.
  • Also Read, Everything You Need To Know About NFT

4
  • 2. Nifty Gateway
  • Website https//niftygateway.com/
  • Nifty Gateway is one of the premiere NFT
    marketplaces owned by Gemini, a popular Crypto
    exchange. The platform is a landmark for several
    million dollars of NFT sales and auctions. It is
    a centralized USD-based marketplace to buy and
    sell Nifties, and it is known for its
    limited-edition NFTs. Their mission is to make
    Nifites accessible to everyone.
  • The platform collaborates with top artists,
    brands, creators, and athletes to bring
    ultra-exclusive works, such as the limited
    edition and high-quality Nifties collections. It
    hit the mainstream when Beeple sold CROSSROAD for
    6.6 million. They have partnered with renowned
    artists like Michael Kagan, Lyle Owerko, and Cris
    Cyborg. Theyve also featured artworks of
    well-known artists such as Cey Adams, Trevor
    Jones, Kenny Scharf, and Jon Burgerman on their
    platform. Nifty is also famous for its purchases
    of Crypto games such as Gods Unchained and Crypto
    Kitties.
  • Nifty strives to drop a new collection every
    three weeks. Their collection is open and
    available for a specific and limited time. Once
    the collections initial drop is sold out or has
    expired, one will only be able to buy Nifties
    from the collection in the marketplace.
  • It was the first medium to allow for a percentage
    of secondary marketplaces to be received. So when
    your work is sold or bought on Nifty Gateway, you
    get a share of the sale. And as an artist, you
    get to decide what percentage you want, which
    could be 5 of every secondary sale or even 50.
    At the same time, Nifty takes 5 30 cents on
    every secondary sale inorder to cover the credit
    card processing fees and their sites operations.

5
  • 3. OpenSea
  • Website https//opensea.io/
  • OpenSea is the worlds first and one of the
    largest NFT marketplace. Many celebrities, such
    as Mark Cuban, Chamath Palihapitiya, and Logan
    Paul, have expressed their interest in OpenSea.
    The platform categorizes the browsing option
    through art, music, domain names, collectibles,
    trading cards, sports, all NFTs, and so forth. In
    addition, they have showcased over 700 projects,
    including popular projects like ENS names, Crypto
    Kitties, Axies, and Decentraland.
  • OpenSea helps sell NFTs the way you wish to sell.
    The platform offers low fees, configurable
    auctions, custom currency selling options,
    gas-free transactions, bundling NFTs up to 30
    items, security, and many more.
  • To sell your digital artwork on OpenSea, you
    would need to set up and connect your wallet to
    the platform, create your collection, you can
    even add social links, description, profile, and
    banner images. Thereafter you would need to then
    set a secondary sales fee, add and upload your
    NFTs with custom options, and tada list them for
    either sale, fixed or declining price listings.
  • Also Read, A Comprehensive Guide To Create, Sell
    And Buy NFTs

6
  • 4. Rarible
  • Website https//rarible.com/
  • Rarible is a community-driven NFT marketplace. It
    uses ERC-20 RARI tokens as its ownership to
    activate the platform users. The platform is best
    known as an art-based NFT marketplace and has a
    large volume of pieces. The platform distributes
    75,000 RARI every week to rewards active users
    who buy or sell NFTs. Rarible also categorizes
    NFTs into art, games, metaverses, photography,
    domain memes, music, and so forth.
  • Rarible enables creators to "mine" fresh NFTs in
    order to sell their works. The creator can even
    reveal a sneak peek of their creation to everyone
    who visits Rarible, but only the purchaser will
    get access to the entire project. NFTs hosted by
    Rarible are also cross-listed on OpenSea for more
    exposure.

7
  • 5. SuperRare
  • Website https//superrare.com/
  • SuperRare is a peer-to-peer NFT marketplace for
    selling and buying single-edition digital
    artwork. It is an elite site with a touch of
    online magazines due to its features like an
    active social feed, an editorial page with
    profiles and artist statements, and a calendar
    for upcoming exhibitions.
  • The site is well-trafficked and home to a curated
    collection of artists and brands, including top
    sellers such as the Time Magazine cover sold for
    300,000. According to the platforms market
    stats, the artists earned 46 million, 24
    million in secondary sales, and 7,236 of the
    average sale value. SuperRrae have also been
    featured in The New York Times, Vice, Forbes, and
    Fortune.
  • The platform is authenticated by the Ethereum
    Blockchain wherein Ether is used in all
    transactions. Each art piece on SuperRare is a
    unique digital collectible that is encrypted and
    monitored by Cryptography on the Blockchain. On
    top of the marketplace, SuperRare has built a
    social network. Digital collectibles are ideal
    for a social setting since they have a
    transparent record of ownership.
  • At present, SuperRare works with hand-picked
    artists. However, you can also submit a form for
    your artists profile to be considered for their
    upcoming launch.
  • Disclaimer The authors views and opinions are
    for informational purposes only and do not
    constitute financial, investment, or other
    advice.
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