Best NFT Marketplace for Artists 2022
Non-fungible tokens (NFTs) had been around for a while, but 2022 was the year they made a big splash in the media. Let’s get down to the list of the best NFT marketplace for artists in 2022.
The cryptographically generated tokens indicate a title of ownership over digital property such as artwork, music, or video files; it was the digital art scene that sparked the NFT market. Record-breaking sales, such as Beeple’s $69 million Christie’s auction, have made international news.
Table of Contents
List of NFT Marketplace for Artists
OpenSea
OpenSea was the first and by far the biggest peer-to-peer NFT marketplace. It has a total transaction volume of over $6.5 billion, according to analytics platform DappRadar, permitting NFTs of anything from in-game goods and collectibles to artwork, songs, GIFs, and more.
Linking your MetaMask wallet is the simplest way to sign up, however other wallets like Coinbase Wallet, Bitski, Formatic, and others are also supported. After you’ve linked, purchasing an NFT is a simple procedure; all you have to do is browse the various collections or hunt for anything that strikes your attention, then make an offer and check to see if it’s approved. Uploading your NFT work is equally straightforward. Just go to the “Create” page, link your account as a designer, enter your NFT, fill up the description, and wait for the millions to come in.
Axie Marketplace
The second-largest NFT marketplace is hosted by the NFT-powered computer game Axie Infinity, which has a total trade volume of more than $2.1 billion on Dappradar. It only deals in Axies, which are adorable Pokémon-style digital pets that gamers can buy and sell on the Axie Marketplace.
You can also use the game’s built-in pairing mechanics to make new Axies, which you can then sell on the Marketplace. Except for art NFTs, which are acquired just for the sake of collecting, Axie Infinity’s NFTs serve a purpose: you may use them in-game to fight monsters and other users, earning tokens that can be used to breed new species. Axie Infinity’s NFTs have proven to be so profitable that some users in the Philippines and Indonesia make a living breeding and selling them.
However, Axie Infinity is among the most difficult NFT services to be used for new members, and you’ll have to leap through a few hoops before you can even start playing the game.
You’ll have to configure a Ronin wallet, transfer ETH into Ronin, and acquire a minimum of 3 Axies from the Axie market in addition to an Ethereum wallet like MetaMask. This isn’t ideal for ordinary passers-by, but it’s not further than a seasoned cryptocurrency user’s abilities.
CryptoPunks/Larva Labs
CryptoPunks is a set of 10,000 completely random characters with a pixelated art aesthetic and distinct traits that was one of the first demonstrations of NFTs on the Ethereum network. While they were originally freely available, they are now only available to buy.
That involves going to the marketplace run by CryptoPunks founder Larva Labs, where the preponderance of sales is made. And buying one is expensive: the cheapest Punk now costs 94.99 ETH (about $285,000), while the most valued one traded on the market sold for an incredible $7.58 million. That justifies Larva Labs’ $1.3 B in all-time transaction volume.
Link your MetaMask wallet, browse the available Punks, and make a bid. The most difficult aspect of the procedure is persuading yourself to spend such a large sum of money, but hey, that’s on you.
NBA Top Shot Marketplace
NBA Top Shot is an automated trading card series that uses NBA video clip videos. It was among the first NFT series to gain traction with the general public. Clips are kept in your safe, encrypted blockchain-verified wallet when you purchase a pack, where you can watch them or trade them on the NBA Top Shot Market.
NBA Top Shot’s success can be credited to the fact that its creators, Dapper Labs, created it to be simple to use for the ordinary user. Linking your Google account to Dapper is the simplest method to sign up for NBA Top Shot, after which you’re asked to input your mobile number for SMS authentication.
After that, you must complete a few account creation processes, including picking your favorite team. Thereafter, you can make a drop on fresh packs, which will put you in a simulated queue before you can grab a pack. You can pay with existing crypto money, a Flow account, your Dapper funds, or, more efficiently, a credit card after another SMS confirmation.
Rarible
Rarible is a platform owned by the community that offers a wide range of digital art and antiques. It is one of the main NFT marketplaces on Ethereum. According to Dappradar, it presently has the fifth-highest all-time trading activity, with $210 million changing hands.
Just like on OpenSea, you can purchase any type of material. Traders can also create several NFTs for a single image to sell it more than once.
Rarible’s user experience, which is simple enough for relative crypto rookies to operate, will feel right at home for users who have experimented in similar NFT markets like OpenSea.
You can register using MetaMask, MyEtherWallet, Coinbase Wallet, or any mobile wallet that supports WalletConnect. You can use money in your account to buy, or you can load up your account with fiat cash by bank transfer or debit card once you’ve signed up.
SuperRare
SuperRare’s UI is significantly more pared-back and straightforward than Rarible’s, which overwhelms you with a dizzying array of flashing GIFs and current bids.
It’s also a lot more curated, as it bills itself as a social network that promotes the development and collection of crypto art. It collaborates closely with artists, demanding work to be reviewed and vetted before it can be listed; in other words, quality above quantity.
To register for SuperRare, you’ll need a suitable wallet like MetaMask or Formatic. There is an additional step that requires you to create a username and password that is linked to your digital wallet, but it just takes a few seconds, so you’ll be browsing the platform’s exclusive NFTs in no time.
KnownOrigin
KnownOrigin, like SuperRare, promises to deliver a more curated, gallery-like environment for the discerning NFT enthusiast. Its all-time trade volume is under $6.9 million. All of its artwork files are stored on IPFS, which gives the underlying assets some protection. With a significant emphasis on digital art, this is a market that ignores the wackier aspects of the NFT realm, so don’t expect to see any wacky avatars or adorable monsters here.
KnownOrigin is straightforward to use, at the meaning of sounding like a broken record. Simply link your wallet, such as MetaMask or Formatic, and you’ll be trading on your own desired NFT assets in no time.
Foundation
Foundation, which bills itself as a “creative playground” for creators, presently has a total trading activity of slightly over $79 million. The NFT of popular Internet meme Nyan Cat, Edward Snowden’s debut NFT, and a cinematic digital collectible made by producer Richard D. James, commonly known as Aphex Twin, have all taken place there.
Foundation’s marketplace is straightforward to use once you’ve linked your MetaMask or other computer wallets with WalletConnect. You can put bids on timed auctions just like you’d on a standard auction site.
MakersPlace
MakersPlace is another niche NFT marketplace that touts itself on having several exclusive electronic fine art collections. Although its total volume is minimal, it contains many one-of-a-kind items that add to its rarity.
The site fell down in February 2021 when legendary crypto artist Beeple offered a series of NFTs for $1 each. It also supported many NFT drops by artists, with Shakira, T-Pain, and Tom Morello of Rage Against the Machine among others that signed up.
It’s simple to become a buyer on MakersPlace, and you can save even more time by logging in with your Google or Facebook accounts.
As part of the registration procedure, you’ll have to choose five artists to follow, and you’ll be able to buy their creations with either your MetaMask ETH balance or (more conveniently) your credit card. If you’re an artist, you’ll need to fill out an online application to request an invite to participate on the platform, which will be reviewed by the curators.
Nifty Gateway
Nifty Gateway, among the first wave of large NFT marketplaces, has a significant supporter in the form of cryptocurrency exchange Gemini, which purchased the site in 2019. Nifty Gateway made waves during the NFT boom by brokering the sales of Beeple’s CROSSROAD for $6.6M in February 2021, which was one of the first multimillion-dollar NFT deals. By May, the system’s gross sales value had surpassed $300 million.
The portal hosts artists such as The Weeknd, Grimes, and Eminem, and delivers a tightly diverse assortment of NFT drops on a tri-weekly plan. It also features a marketplace where you may look through curated collections, verified artists, and a larger selection of work from unconfirmed artists.
Because of Nifty Gateway’s close connection with Gemini, getting started is a reasonably simple process. To begin, you’ll need to create an account on the site. You’ll need to create your account, with either a credit or debit card or by sending ETH to a transfer address. After that, you’re ready to purchase NFTs from the market system.
You can also link your Gemini trading account to the Nifty Gateway fund, allowing you to make purchases and withdrawals using your Gemini exchange checking account.
BakerySwap
BakerySwap is a lesser NFT marketplace than OpenSea, but that isn’t surprising given that most NFT markets are built on Ethereum, while BakerySwap was one of the first to start on Binance Smart Chain (BSC). One element of the site is the NFT marketplace, which allows customers to trade and swap liquidity resources directly with one another.
The NFT marketplace is easy to use and simply requires a MetaMask link. Because this platform is based on the Binance Smart Chain, NFT commodities can only be acquired with BNB rather than the more commonly used ETH.
Binance NFT Marketplace
Binance NFT marketplace is, as you might expect, an NFT platform provided by Binance, the world’s largest cryptocurrency exchange. The company intends to create an NFT market with exclusive products and collaborations to entice the exchange’s large user base to its network.
If you already have a Binance account, you’ll be happy to know that it will operate with Binance NFT instantly. After you’ve got in, all you have to do is bid on any products that catch your eye. Based on what the producers have specified, you can use ETH, BNB, or BUSD.
Solanart
Solana, a rival blockchain to Ethereum, has seen the most recent NFT mini-boom. Tens of thousands of dollars have changed hands on marketplaces like Solanart for collections like Aurory, Degenerate Ape Academy, and SolPunks.
Solanart, unlike OpenSea, is a selected collection of NFT collections, with a small number of NFTs available for purchase.
To begin purchasing Solana NFTs on Solahart, you must first download a Solana wallet, including Phantom or Solflare, and fill it with Solana from your preferred exchange. Phantom has direct integration with the crypto exchange FTX, which makes depositing funds from that exchange a breeze.
It’s only a question of going to your preferred NFT, linking your Solana wallet to the market, and putting your offer from there.
Decentraland
Decentraland is an online service that attempts to offer artists and NFT creators ultimate control over their work. Consumers will have more say in policy modifications, land auctions, and NFT contracts on Builder and Marketplace, according to their goals. Decentraland provides users with a wide range of digital assets, including packages, gadgets, identities, and estates.
Users can purchase digital lands and customize them with their structures, such as buildings or other types of architecture. Customers’ assets will be stored in an Ethereum-based shared ledger. As a consequence, Decentraland is widely considered as the safest and most respectable NFT art market.
FAQs
Which NFT marketplace is the best for artists?
OpenSea
Can you earn money from NFTs?
Yes, you can
Conclusion
With this, we wrap up today’s article on the best NFT marketplaces for artists in 2022. Marketplaces saturated the market as appetite for NFTs grew, adding greatly to adoption and availability for collectors but less so for creators. However, the Ethereum platform would be the only blockchain that supported minting NFTs (the act of creating an NFT), however, the network began to experience throughput and fee challenges, causing the price of minting NFTs to skyrocket.
