Katharina Brosch
NFT art marketplaces have taken the art world by storm, allowing artists to sell their digital creations as unique and valuable assets through the use of blockchain technology. In this article, we will explore four more popular NFT marketplaces and what they offer to artists and collectors.
OpenSea
Founded in 2017, OpenSea is one of the largest NFT art marketplaces on the internet, boasting over four million items for sale. The platform is built on the Ethereum blockchain and allows users to buy and sell a wide variety of digital assets, including artwork, virtual real estate, and game items. OpenSea is also home to several popular NFT collectibles, such as CryptoKitties and Axie Infinity.
One of the standout features of OpenSea is its user-friendly interface, which makes it easy for both artists and collectors to navigate the platform. The site also offers a range of tools and analytics to help users track their sales and manage their collections. Additionally, OpenSea charges a 2.5% fee on all sales, which is lower than many other NFT marketplaces.
SuperRare
SuperRare is a curated NFT art marketplace that focuses on high-quality, one-of-a-kind pieces from top artists. Founded in 2017, the platform has gained a reputation as one of the premier destinations for collectors looking for exclusive and rare digital art.
Unlike OpenSea, SuperRare operates on a invite-only system, which means that artists must be approved by the platform’s curators in order to list their work for sale. This curation process helps to ensure that only the highest quality pieces make it onto the site, and also adds a level of exclusivity to the platform.
SuperRare charges a 3% fee on all sales, which is slightly higher than OpenSea. However, the platform has a strong community of collectors and artists, and many see the higher fees as a worthwhile tradeoff for the exposure and prestige that comes with being featured on the site.
KnownOrigin
KnownOrigin is another Ethereum-based NFT art marketplace that was founded in 2018. The platform is known for its focus on supporting emerging artists and providing a space for creators to showcase their work.
One of the standout features of KnownOrigin is its commitment to transparency and sustainability. The platform has implemented a carbon offset program to help mitigate the environmental impact of NFT transactions, and also works to ensure that artists receive a fair share of the profits from their sales.
KnownOrigin charges a 15% fee on all sales, which is higher than many other NFT marketplaces. However, the platform’s focus on supporting emerging artists and promoting sustainability has helped it build a strong community of artists and collectors.
Rarible
Founded in 2020, Rarible is a relatively new NFT art marketplace that has quickly gained popularity due to its user-friendly interface and low fees. The platform allows artists to mint their own NFTs and sell them through auctions, fixed-price listings, or even create their own storefront.
Rarible also offers a governance token, RARI, which allows users to vote on the platform’s development and decision-making. Additionally, the platform has a unique feature called “Rarible Protocol” that allows for the creation of NFTs that represent multiple assets, such as a bundle of art pieces.
Foundation
Founded in 2020, Foundation is a curated NFT art marketplace that focuses on supporting emerging artists and fostering a strong community of collectors. The platform has gained a reputation for showcasing some of the most innovative and experimental digital art pieces.
One unique aspect of Foundation is its “reverse auction” system, where buyers bid downwards on an artwork until it reaches a minimum price set by the artist. This allows for more transparency and fairness in the pricing of artworks. Foundation also has a strong focus on community building, with features like “Foundation Grants” which fund emerging artists and “Foundation Council”, a group of collectors who help curate the platform’s offerings.
Nifty Gateway
Nifty Gateway is an NFT art marketplace that was founded in 2018 by Duncan and Griffin Cock Foster. The platform is known for its collaborations with popular artists such as Beeple, Trevor Jones, and Pak. Nifty Gateway allows artists to sell their digital artwork as limited edition drops, with new drops being released weekly.
One unique feature of Nifty Gateway is that it allows users to purchase NFTs using credit cards, making it more accessible to the average buyer. Additionally, the platform offers a secondary market where users can buy and sell previously purchased NFTs.
Async Art
Async Art is an NFT art marketplace that was founded in 2019 by two artists, Conlan Rios and Twobadour. The platform allows artists to create programmable art that can change over time, responding to various stimuli such as the time of day, weather conditions, or even the price of Bitcoin.
One unique feature of Async Art is that it allows multiple artists to collaborate on a single piece of art, with each artist contributing different layers that can be activated or deactivated by the owner. This allows for a truly dynamic and customizable art experience.
MakersPlace
MakersPlace is an NFT art marketplace that was founded in 2018 by Dannie Chu and Yash Nelapati. The platform is known for its curation of high-quality artwork and collaborations with top-tier artists such as Trevor Jones, Josie Bellini, and Mad Dog Jones.
One unique feature of MakersPlace is that it offers a royalties system, where artists can earn a percentage of the resale price of their artwork on the platform’s secondary market. Additionally, the platform offers a curation program for emerging artists, giving them the opportunity to showcase their work to a wider audience.
Hic et nunc
Hic et nunc is a decentralized NFT marketplace built on the Tezos blockchain. It was created in 2020 by a group of developers who wanted to provide a space for artists to showcase and sell their digital artwork.
One unique feature of hic et nunc is that it allows artists to mint NFTs without paying any fees. Instead, buyers pay a small transaction fee to purchase the NFT, which is then split between the artist and the platform.
Hic et nunc has quickly become a popular platform for digital artists due to its low fees and ease of use. It has also gained a reputation for being a hub for experimental and avant-garde artwork.
Atomic Market
Atomic Market is a blockchain-based NFT marketplace that allows users to buy, sell, and trade digital assets. It was created in 2018 by the blockchain company Block.one.
One of the unique features of Atomic Market is its ability to support multiple blockchains, including EOSIO, WAX, and Telos. This means that users can buy and sell NFTs on different blockchains, depending on their preferences.
Another feature of Atomic Market is its support for auctions and custom smart contracts. This allows artists to create unique NFTs with specific conditions for ownership and transfer.
NFTchoice
NFTchoice is a new NFT art marketplace that uses a unique rating system to help artists and buyers make informed decisions about NFTs. It was created in 2021 by a group of developers who wanted to solve the problem of low-quality NFTs flooding the market.
The rating system works by allowing NFT owners to vote on the quality and potential of different NFTs. This creates a Sales Potential Score for each NFT, which shows the NFTs with the highest potential.
One of the benefits of using NFTchoice is that it helps increase the value of NFTs and improves the quality of results by giving equal amounts of money for each vote. This ensures that each vote carries equal weight, regardless of the voter’s financial resources.
The Power of Research: Why Choosing the Right NFT Art Marketplace Matters
While there are many NFT art marketplaces available, each platform has its own unique features and benefits. Hic et nunc, Atomic Market, Rarible, SuperRare, OpenSea, Foundation, KnownOrigin, Nifty Gateway, Asyn Art, Makers Place and NFTchoice are no exception. Ultimately, the choice of which NFT art marketplace to use depends on the user’s individual preferences and needs. Some users may prioritize low fees and ease of use, while others may prefer a platform with more advanced features and customizability.
However, for those looking for a marketplace that prioritizes quality and potential, NFTchoice is an excellent option. Its rating system helps ensure that buyers are purchasing high-quality NFTs with strong potential for growth and value.
Joining NFTchoice is easy and straightforward. Users can register on the platform and start earning tokens by reviewing NFTs and participating in the voting process. By contributing to the platform, users can help shape the future of the NFT art market and earn rewards for their efforts.
In conclusion, the NFT art marketplace industry is constantly evolving and each platform has its own unique features and benefits. Some focus on the mainstream art world, while others cater to the niche and emerging artists. Some are more user-friendly and accessible, while others are geared towards more experienced collectors and investors. It is important for buyers and sellers alike to do their research and choose the platform that best suits their needs. NFTchoice stands out as a platform that values community, transparency, and innovation, and offers a unique rating system to help users determine the potential value of an NFT. By participating in the platform, users can earn tokens and contribute to the growth and success of the NFT art marketplace industry.
