NFT marketplaces offer a safe avenue for artists and creators to craft and sell non-fungible tokens (NFTs).
Investor-minded artists can buy NFTs and resell them later at a higher price. NFT creation and selling are lucrative businesses and can earn you thousands of dollars per day with the right strategy.
There are many NFT marketplaces today, but choosing the perfect one may pose a challenge to beginners.
What Are NFTs in Cryptocurrency?
NFTs are non-fungible tokens created in line with the ERC-721 standard under the Ethereum network. They’re used to prove ownership of digital assets.
Common NFT digital assets include domain names, utility, artwork, GIFs, trading cards, and music. Originally, NFTs were only created under the Ethereum blockchain. Today, other blockchain technologies like Binance Smart Chain, Solana, Polygon, Cardano, and Tezos support NFT creation.
1. OpenSea
OpenSea is an industry-leading Ethereum-based NFT marketplace founded in 2007. The NFT marketplace has over 4 million digital assets listed. These are domain names, digital art, virtual worlds, utility tokens, music, trading cards, and sports tokens.
It’s easy to create and sell digital assets on OpenSea. Create a digital wallet and integrate it with your OpenSea account. After activating your OpenSea account, create a collection and add NFTs to them. You can sell the NFTs separately or as a collection. Additionally, you can choose between setting fixed prices for your NFTs or auctioning them.
Remember, OpenSea will deduct 2.5% from every NFT sale to cover the transaction fee. Recently, OpenSea has started barring users from countries under the US sanctions list.
2. Mintable
Mintable is a creator-friendly NFT marketplace that lets new artists and creators list their first 50 NFTs free of charge. The simple-to-use NFT marketplace provides lots of resources on the Mintable Academy to help you mint and market NFTs with ease. As a Mintable creator, you can generate and sell NFTs such as collectibles, art, and videos.
Mintable offers a pro plan supporting advertising features such as press releases, social media blasts, and email marketing. The pro plan has a custom store package that lets you customize your NFT selling experience.
3. Rarible
Developed in 2020, Rarible is one of the few NFT marketplaces seeing rapid growth. This marketplace has featured NFTs from celebrated personalities such as French Montana and Disclosure. The marketplace has an extensive collection of NFTs, including NSFW category items, artwork, games, and NFT memes.
The Rarible NFT marketplace offers the latest industry updates and trends on its live auctions, featured sections, top bids, and collection pages. It has an active community that regularly discusses governance and rules. Here’s something you don’t see every day: Rarible seeks opinions and recommendations from community members before updating its marketplace.
4. SuperRare
SuperRare is equally a famous NFT marketplace today. It has sold royalties worth over $3 million and NFT art worth over $90 million. Founded in 2018, SuperRare has a unique RARE token, the governing Ethereum token earned by sellers. It’s the ultimate NFT marketplace for artists exceptional at creating 3D art, images, and videos. Buyers can filter NFTs on the SuperRare according to price, artwork type, and artists.
It’s a fast-growing NFT marketplace suitable for professionals. But only invited professionals can sell NFTs on this platform. Casual sellers may not find the marketplace welcoming. SuperRare imposes geo-locks, but you can overcome them with proxies, pretty much the same way you are able to buy rare collectible sneakers with NSB proxies.
5. Cargo
Cargo is the first multi-chain NFT marketplace on this list. It supports selling batch NFTs on various blockchains, including Polygon, Ethereum, and xDai. Cargo lets you create multiple NFTs at once and list multiple NFTs at the cost of one. Considering how expensive fees can be when transacting on NFT marketplaces, this can save you a lot.
Cargo JavaScript supports the creation of custom decentralized applications. With it, you can secure your digital assets to minimize theft and other risks. The marketplace has artworks such as Kaiju art, glyphs, and standard NFTs. Integrate a crypto wallet into your Cargo NFT marketplace to start.
Conclusion
Creating and selling NFTs is a new way for artists to make money doing what they love. The landscape is growing swiftly, and the value of different digital assets keeps increasing daily. It’s good to know where you can leverage profits from creating and selling NFTs, and above all, the most trusted NFT markets to profit from your digital assets.
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