Are you wondering how CryptoArt marketplaces differ? You’ve landed in the right place then. If you are trying to decide which platform to use to create an NFT but you don’t know what each platform offers and which one is best for your art, this guide compares all the major CryptoArt platforms and what they offer.
If you’re looking for information on how to create an NFT/CryptoArt, read this article.
In the following article we cover OpenSea, MakersPlace, KnownOrigin, Nifty Gateway, Rarible, Foundation, ArtBlocks, ASync Art, Portion, Cargo, Mintbase and Mintable.
For budget-friendly NFT art marketplaces that are not on the Ethereum blockchain, see our guide on alternative platforms here.
OpenSea is the first and largest marketplace for crypto collectibles and NFTs. Think of it as the one-stop shop for all kinds of digital items. It is open to all creators and there is no curation. One of the best features of this platform is that it allows for gas-free minting. However, since there is no curation, if you’re an artist, you’ll have to be really good at marketing or your artworks will be floating somewhere in the…open sea.
Blockchain: Ethereum
Payment: $ETH, $WETH, $DAI
Platform fees (excluding gas): 2.5%
What kind of artists is this platform ideal for?: Beginners and creators who can do their own promotion, or looking to avoid gas fees.
Auction style: Buy It Now, Timed Auctions
Royalties: Artists choose how much they would like to get paid in royalties for secondary sales.
For other FAQs about OpenSea, click here.
SuperRare is an NFT marketplace specifically for CryptoArt. It is a curated art platform and if your application is accepted you’ll be invited to join the platform. “You can think of SuperRare like Instagram meets Christies. A new way to interact with art, culture, and collecting on the internet!”
If you want to apply as an artist, you’ll need to submit the information required in this application form. It is quite difficult to be accepted as an artist on the platform, you’ll need an outstanding portfolio and an impressive social media presence. But, if you do get accepted, your art will be more easily visible to CryptoArt collectors than on a general marketplace like OpenSea.
Blockchain: Ethereum
Payment: $ETH
Fees (excluding gas): 15% to the gallery + 3% to the marketplace
What kind of artists is this platform ideal for?: Artists who already have a large following and are well-known.
Auction style: Scheduled Auctions, Reserve Auctions, Open-Ended Offers, Buy It Now. Find out more here.
Royalties: 10% on every secondary sale
For other FAQs, click here.
A high-end NFT marketplace for CryptoArt. Nifty Gateway partners with top artists, athletes, brands, and creators to bring ultra-exclusive works to CryptoArt collectors. This platform is the most difficult out of all CryptoArt platforms to get accepted into, and generally only works with top artists and creative celebrities. You can click here to submit your application.
Fees (excluding gas): 5% + 30 cents on every secondary sale
What kind of artists is this platform ideal for?: Top creators, artists and brands
Auction style: Buy It Now, Timed auctions, Silent auctions
Royalties: Artists choose what percentage they want to receive from secondary sales.
Payment: $ETH, debit card, credit card
For other FAQs, click here.
Rarible is a relatively easy NFT platform to get accepted on as an artist and ideal for those who are just starting out in the NFT space. In terms of user experience, the layout is a bit confusing, so it might look quite daunting to new users at first. Rarible also has its own token called $RARI, which is designed to reward active platform users with a voice on the platform’s future. There are a number of things you’ll have to submit to be verified as a creator on the platform, click here to see the requirements.
Blockchain: Ethereum
Fees (excluding gas): 2.5% of every sale
Payment: $ETH, $WETH, $DAI, $RARI, $ATRI
What kind of artists is this platform ideal for?: Anyone, but especially artists who are just starting out in the CryptoArt scene.
Auction style: Buy It Now, Open-ended offers
Royalties: Artists choose what percentage they want to receive from secondary sales.
For other FAQs about Rarible, click here.
MakersPlace is a curated, invite-only CryptoArt platform and it is medium-to-difficult to be accepted as an artist on the platform. You can apply to sell your creations on the site by joining the MakersPlace Discord community and receiving an invite code. The platform is ideal for established artists, musicians and photographers or for creators with a good social media following.
Blockchain: Ethereum
Payment: $ETH, Credit card
Fees: 15% on every sale + 2.9% for purchases made through a credit card
What kind of artists is this platform ideal for?: Established artists, artists with a good social media following.
Auction style: Timed auction
Royalties: 10% on all secondary sales
For other FAQs about MakersPlace, click here.
KnownOrigin is a curated CryptoArt platform that is also medium-to-difficult to get accepted on. However, unlike many other curated art platforms, you don’t need a large following or to be an established artist to get accepted – an exceptional portfolio is what you’ll be judged on. To apply as a creator on KnownOrigin, click here. There is also a ‘Trending’ feature which is a great tool for promoting artists. The feature aims to highlight who and what is “trending” within the KnownOrigin ecosystem.
Blockchain: Ethereum
Payment: $ETH
Fees (excluding gas): 15% on every primary sale and 2.5% for secondary sales
What kind of artists is this platform ideal for?: All artists can apply, but generally established artists and artists with a strong portfolio/unique artworks will be accepted.
Auction style: Buy It Now, Timed auctions
Royalties: 12.5% of secondary sales
For other FAQs about KnownOrigin, click here.
Foundation has gained a lot of traction recently, becoming a top choice for many CryptoArtists. The platform works differently to other CryptoArt marketplaces because it is community-curated, so creators and collectors invite new artists to join. So as a creator, you will get access to the “Creator invites” feature once you’ve sold your first NFT. Click here to find out how creator invites work.
Blockchain: Ethereum
Payment: $ETH
Fees (excluding gas): 15% on each sale
What kind of artists is this platform ideal for?: Anyone who is talented enough to make an impression and stand out from the crowd.
Auction style: Artist sets a reserve price and once the reserve is met, a 24-hour auction begins. If there are any new bids in the last 15 minutes of the initial auction time, the auction goes on for an extra 15 minutes.
Royalties: The platform will soon be implementing a new 10% royalty feature on every secondary sale.
For other FAQs about Foundation, click here.
Art Blocks is one of the most unique generative art platforms out there, and artists that apply to be part of the platform need to know a thing or two about coding. It works by artists writing a code that is merged into the platform, which then generates different combinations of the variables at random. Collectors don’t know what they’re getting ahead of time, they first have to mint tokens before they can see what they are receiving. This is to give everyone a chance to collect art that they might not otherwise be able to afford.
Blockchain: Ethereum
Payment: $ETH
Fees (excluding gas): 10% on every sale
What kind of artists is this platform ideal for?: Anyone who is good with generative art
Auction style: No auctions
Royalties: Artist decides how much they would like to get from secondary sales
For other FAQs about Art Blocks, click here.
Async Art is a programmable art platform where digital artworks are split into “Layers” which users can apply to the artwork to change the overall image. Programmable art allows for artworks to evolve over time, react to its owners and follow a stock price. Artists need to be good with generative art and need to apply before joining the platform.
Blockchain: Ethereum
Payment: $ETH
Fees (excluding gas): 10% for canvas artworks and 20%-30% for custom artworks
What kind of artists is this platform ideal for?: Anyone good with generative art
Auction style: Traditional auction, and artists can also set a reserve price
Royalties: 10% on every secondary sale
For other FAQs about AsyncArt, click here.
Cargo is an excellent NFT marketplace with great features, but still relatively unknown compared to other platforms. Anyone can get started on Cargo, and it works in a similar way to OpenSea. Cargo offers some really affordable ways for creators to start minting their artworks and selling them at a very low price, and they have ‘Magic Minting’ to avoid gas fees.
Blockchain: Ethereum
Payment: $ETH
Fees (excluding gas): Unknown
What kind of artists is this platform ideal for?: Anyone can apply
Auction style: No auctions
Royalties: Artist decides on the price. Up to 15%, also offers ‘Split Royalties’ option with up to 15 different Ethereum wallet addresses.
For other FAQs about Cargo, click here.
Portion launched its virtual gallery and auction house in 2018. This is probably one of the very few (perhaps only?) platforms that take zero percentage on the sales of artists. Recently, it has become quite popular with DC Comics artists. The team is very helpful and the website has a beautiful design, however, it can be confusing to navigate the website and find the information you need.
Blockchain: Ethereum
Payment: $ETH, $PRT
Fees (excluding gas): No fees
What kind of artists is this platform ideal for?: Established artists or artists with a good social media following.
Auction style: Traditional auction
Royalties: Artist decides on how much they would like to receive from secondary sales.
For other FAQs about Portion, click here.
Mintable is an all-around NFT marketplace where you can buy and sell anything from art and collectibles to game items and music. Mintable also has a gasless minting option. It’s a great platform for beginners and for those who can do their own marketing.
Blockchain: Ethereum
Payment: $ETH
Fees (excluding gas): 2.5% on normal items, 5% on gasless items, 10% on printable series
What kind of artists is this platform ideal for?: Anyone can join, good for beginners
Auction style: Traditional auction, Timed auction, Buy It Now
Royalties: 5% on every secondary sale
For other FAQs about Mintable, click here.
Mintbase is an NFT marketplace for art, photography, gaming items, tickets, and pretty much anything NFT. It is a great option for those who are starting out selling NFTs, but as with every general NFT marketplace, you’ll need to promote your artworks to be noticed.
Blockchain: Ethereum, NEAR
Payment: $ETH, Fiat Currencies
Fees (excluding gas): 2%
What kind of artists is this platform ideal for?: Anyone can join and it is ideal for beginners
Auction style: No auction
Royalties: Artists decide on royalty fee on secondary sales
For other FAQs about Mintbase, click here.
Please note that the information in this guide is subject to change as these platforms evolve.
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Ivelina is the Content Maestro of NFT Plazas. She has a knack for putting complex concepts into simple words.
2 Comments
Paul
What happened to Viv3 Marketplace built on FLOW by the incredible Dapper Lab team? VIV3 is actually not as well known yet…we’re hoping to nip at their heels once we launch. Solid article!
Ivelina
Hey! Thank you, glad you liked it! There are so many marketplaces, so I think I will have to do another one on alternative marketplaces that are not on the Ethereum blockchain 🙂