Top NFT marketplaces on Solana To List and Launch an NFT Project
NFTs have been all the rage over the past few months, with a wide variety of platforms and marketplaces emerging to cater to the growing demand.
Apart from Ethereum, one of the most popular blockchain protocols for NFTs is Solana, which offers a high transactional throughput and low transaction fees. Solana is designed to be scalable and efficient, making it an ideal choice for NFT marketplaces. Developers on Solana can create scalable, Web3 applications with NFTs including decentralized NFT marketplaces.
In this article, we will take a look at the top NFT marketplaces on Solana.
Magic Eden
At the top of our list is Magic Eden which is one of the most popular NFT marketplaces in the Solana ecosystem. This platform does not charge users for listing their NFTs however, there is a 2% transaction fee.
What’s unique about Magic Eden is that it only supports transactions in the form of SOL, the native cryptocurrency of Solana. This NFT marketplace also showcases a limited number of artistic projects from a select group of creators thus adding to the overall exclusivity. You can also access their launchpad and auction platform to view the latest upcoming NFT sales.
SolSea
SolSea is another popular NFT marketplace that is built on Solana. This platform has a wide range of NFTs listed including digital art, games, and even music.
One of the key features of SolSea that sets it apart from the likes of Magic Eden is the fact that SolSea is an open marketplace where content creators can embed licenses and unlockable content into their NFTs. This makes it a great platform for creators looking to monetize their work.
In terms of transaction fees, SolSea charges fees from as low as 0% to 2%. There are also real-time analytics and on-chain data available to users which is a great addition.
Metaplex
Metaplex is an NFT marketplace that is home to builders and creators in the Solana ecosystem. The platform is designed to help creators showcase and monetize their work, not to mention build a community around their NFT projects. Metaplex also features an explore protocol that gives newcomers an introduction to the platform’s tools and resources.
One of Metaplex’s best features is its Candy Machine v2 which is an algorithm built into the platform to help speed up the NFT minting process thus facilitating thousands of collectors to use NFTS as their profile pictures.
Thanks to the scalable nature of Solana. creators on Metaplex can build and distribute NFTs at scale. Other features you will find on the Metaplex NFT marketplace include a token standard called Token Metadara, and a decentralized auction house for selling NFT projects.
Solanart
Among Solana natives, Solanart is another popular NFT marketplace on the Solana blockchain with a feature for minting NFT and collectibles such as Gecko Space Garage, Solpunks, and Degenerate Ape Academy. Solana users are free to roam about the platform and use their in-app currency, to buy or auction off digital art.
One of the great things about Solanart is that it allows users to mint their own NFTs at a transaction fee of just 3% for each successful NFT sold. Creators are given the power to set their royalty fee with every NFT they mint on the platform. Recently, this NFT marketplace introduced editable market fees that can help NFT artists and creators save 100% in fees.
Solport
The Solport NFT marketplace is unique in that it offers a scarcity filter that works to give NFT collectors access to the rarest and most sought-after NFTs. Platform users also get notifications through Discord whenever new projects are listed. There is an auction house embedded into the platform and so far projects such as Realm Kings Mutant and Monkey Business have launched NFT sales on the Solport marketplace.
In terms of transaction fees, Solport only charges a 2% fee, which is significantly lower than what you would find on other NFT marketplaces.
Alpha.Art
Alpha.Art is an NFT marketplace on Solana with a free NFT listing fee. This NFT marketplace is still young however, it comes with an intuitive user interface that makes it easy for new users to get started.
Alpha.Art is that it offers a wide range of features such as an auction house and support for popular Solana-based NFT projects. Although there is a charge per sale fee of 2% with every transaction, Alpha.Art offers users an opportunity to earn Solana’s SOL token through staking and other community initiatives.
This NFT marketplace is also compatible with some of the top Solana wallets; however there the platform has limited options for those looking to mint new NFTs.
Tiexo
Tiexo is an NFT marketplace that brings over 11 million NFTs across multiple niches to the Solana ecosystem. The platform features some of the most popular and well-known NFT projects in the space such as Acid Monkeys and Space Monkey not to mention Cryptobots and Grumpy Cats.
With Tiexo, users can buy, sell, or auction off their NFTs with ease. The platform brings NFTs to life by connecting creators with millions of NFT lovers. In terms of fees, the platform charges a 2% transaction fee per sale.
Exchange.Art
This Solana NFT marketplace is built with a focus on independent artists and their fans. Exchange.Art boasts of being a leading NFT marketplace for fine art with auctions from some of the world’s most respected digital artists.
This NFT marketplace is still relatively new however it features handpicked artworks and NFT collections ranging from AI art, Banners, illustrations, photography, and painting. While there are no charges for listing NFTs, creators must pay a 2.5% fee with every transaction.
DigitalEyes
The DigitalEyes NFT marketplace is still in its beta launch, however, it already features some amazing NFT collections from upcoming creators as well as established NFT projects like Solarians. The platform doesn’t just stop at an NFT marketplace, it also comes with a launchpad for new NFT projects, an NFT airdrop feature, and a staking system that allows users to earn rewards.
DigitalEyes also features a mint calendar and a creators’ studio for those looking to list their projects, access a ready market, and launch their NFTs.
Conclusion
So there you have it, the top NFT marketplaces on Solana. With the rise of NFTs, it’s no surprise that more and more platforms are being built on Solana to accommodate this new digital asset class.
The Solana blockchain promises to be a key player in the NFT space thanks to its capacity to handle high transaction speeds and low fees.
If you’re looking to get involved in the world of NFTs, then these Solana-based marketplaces would be a great place to start.
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