Marketplaces for Crypto Art

After a brief talk about the crypto art in the previous article, let’s jump to the part on how we can make money from it. In this part we are going to talk about where we can actually sell the crypto art. Isn’t that the same with the typical digital art? Actually, how is it different from typical digital art? How can the crypto art contain the blockchain?

First of all, the crypto art is using what’s called NFT to link it to blockchain. Simply, NFT is a computer file which contains the ownership proof and authenticity. It exists on blockchain. Artists who want to sell their works as NFT must sign up their art to the marketplace, then “mint” the digital token by uploading and validating their information on the blockchain. After all the processes are done, like the typical marketplaces the transaction process will be handled by them.

Basically the platforms may work the same with the typical marketplaces where you can upload your, set up the price, and sell. However, it’s important to know that one to another marketplaces might have different terms and conditions. Therefore, before you decide to upload on the certain marketplace, it is a must to understand how the regulation works. Next, what marketplaces or platforms provide NFTs? Try to take a look on the list below, we tried to sum them here:

Nifty Gateway is a platform under Gemini company so that it is verified for its safety. If you want to sell your artwork in Nifty Gateway you’ll be free to choose what price that you want to put for your artwork. In this platform, as creator you’ll deserve a cut from the secondary sales of your artwork. Moreover, you have the right to choose what percentage you could gain from the secondary trades.

In MakersPlace you are allowed to set your own price over your artwork. What’s beneficial is it’s clearly explained about the guideline of MakersPlace asking the creator to follow. The guideline isn’t complicated anyway, yet the guideline is guiding you how to optimize your art selling in this platform.

SuperRare allows the creator to customize their profile to attract the patrons. This customize profile might build personal character for the creator and might showcase the uniqueness of them and their artwork. It says on its website that the current operation is still early access and might get the full launch next year. It might be a little bit harder to sell on this platform because it’s very strict. You need to submit your artwork first before you are listed to get involved.

OpenSea claims that it’s the biggest NFTs marketplace. This marketplace doesn’t offer art only. It offers various NFTs such as domain names, virtual worlds, trading cards, sports, and collectibles. In this marketplace artists are allowed to sell their artwork for a fixed price, create declining prices listed, or even conduct an auction.

Rarible is the same as the other marketplaces in this article where you can sell and buy the NFTs. However, in Rarible doesn’t limit to the visual art only, you can buy and sell any NFTs such as games, domain, and even music. In Rarible you are allowed to create an NFTs without selling it directly. You are free to only have it on your own or want to sell it in the future.

Foundation is focused on digital art selling and buying. Once you land on its website, you will be served by the displaying of active auction at the moment. What makes it interesting is, in Foundation you need the invitation from the creators who have joined once you want to become creators in this marketplace.

In Sedition, the art displayed with a watermark. If you want to view it without a watermark before you buy it, to make sure that you’ll be satisfied by buying it, you can subscribe to the art first. The subscription can be changed whenever you want to. It helps a lot to avoid the regret after buying certain art because you can make sure that you love the artwork. Sedition allows the collector to enjoy their collection on any screen view. There are mobile apps to ease you enjoy your collection.

BC/A or can be mentioned as the blockchain art provides two services to sell. They are a white label and marketplace. White label means that an artist is selling their art on his own website and BC/A is helping to manage the entire process of the transaction in the backend, payment is no exception. While a marketplace system means that artists can sell their artwork on BC/A websites, its guarantee that the system is safe since it uses blockchain technology.

Portion has an appealing web view design on its page. It's just unique. Similar to the other marketplaces, it connects the artists and collectors to buy, invest, and sell the artwork through blockchain technology. It is mentioned on its page that it has a community where the artists and collectors can engage in communication to magnify the visibility, reach enthusiasts, and capture royalties.

KnownOrigin concerns on the authenticity of digital artworks. It allows people to create, discover, and collect artworks that are signed by a tokenized certificate. The tokenized certificate is something that identifies the art that can be tracked. It marks that every artwork is authentic and unique.

There is something interesting in Async Art. In this marketplace people might be allowed to buy art in master and layer. Master means that the art is bought fully as an art, while layer means something that individuals if it’s united build the master as unity. When someone makes a change on a layer, the master will reflect no matter who owns it. Artists still have the right to select the parameter of their art, however they might give an exclusive control to the collectors.

NFT Showrooms claims that it is built on Hive which is a fast and free blockchain. That is causing the NFT Showroom to become simple and accessible to create and collect digital art. It gets attention from the Hive community and might be one that must be noticed and appreciated since NFT Showroom performs in advantages speed and cost. 

In Viv3 there are no only artworks provided. There might be game studios or brands that use Viv3 to create their tokenized certificate for their products. It is the first general marketplace on the flow blockchain. The founders believe that the world is at the beginning of shifting from the physical to digital ownership. So that it is built to empower people to take a role in it.

They are some marketplaces that we can find so far. It might be that there are others that we have not mentioned yet. However, it has proven that for now the transaction of digital arts is in great demand and might have a good chance ahead. It is a must for artists to follow the flow as well. It might be a great chance for everyone.

The beneficial thing of this crypto art marketplaces is it allows the artist to gain the royalty or paid by the secondary trade. The percentage might be different from one marketplace to another. Some marketplaces might allow artists to specify what percentage that they have to be paid from the secondary trade. It is a must to make it sure first before deciding to jump in this crypto art thing. 

Anyway, the entire marketplaces that we’ve mentioned might need a blockchain wallet to save our collections once we collect the artworks. Some marketplaces might allow users to save their collection on its website, however it is always better if you can save the artworks in a personal wallet.

Hope this article will be helpful for whoever you are. Might this article help you to understand how the digital world works nowadays. Thanks for your reading and see you in the next article!


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