The 10 Best Solana NFT Marketplaces
Solana NFTs have gained popularity because the Solana blockchain offers fast and low-cost transactions. Many marketplaces have come up to serve the growing market of creators who want to sell their works without incurring huge transaction fees on the Ethereum blockchain.
If you’re one such creator or a collector searching for unique Solana NFTs to start trading, look no further. Here are some of the best Solana NFT marketplaces on the internet.
1.Magic Eden
Magic Eden is the biggest and most popular Solana NFT marketplace. It was launched in 2021 by four long-time friends and took nine months to reach unicorn status. It has an intuitive and easy-to-use interface with many features, including popular collections, a drop calendar, a watchlist, and auctions. Besides Solana, it supports assets issued on Ethereum and Polygon.
The marketplace provides a launchpad with dedicated development support, which empowers creators to launch their NFT projects worldwide quickly. As for transaction fees, it charges an industry standard 2% flat rate. It also supports gamers and their communities by offering a dedicated space for their games.
SolSea doubles as an art gallery showcasing various NFTs and a marketplace for NFTs. You can find practically anything on the market, from crypto domains to real estate tokens. It is powered by the ALL ART protocol and provides an in-built functionality for minting new Solana NFTs directly on the platform.
As a Solana-exclusive NFT marketplace, SolSea only accepts SOL for transactions. However, it has partnered withcrypto payment platform Moonpayto enable users to buy and sell NFTs by funding their wallets using fiat currencies. SolSea charges creators a 2% marketplace fee for every successful NFT sale, besides a rent fee for the listing and a small minting fee.
3.Solanart
Solanart is a Solana NFT open marketplace that allows artists to list their projects freely and anyone to buy and sell NFTs. It stores new listings on a platform-owned temporary account and transfers the NFTs to buyers' accounts when purchased. It also adopts a two-level storage structure,on-chain and off-chain, to make transactions faster.
On every NFT sale, Solanart charges a marketplace fee of 3%. Meanwhile, creators benefit from royalty fees, depending on the collection. Also, while it doesn’t take creators through a rigorous application and screening process, Solanart only verifies collections once they hit a set value of transactions.
4.Metaplex
Metaplex is an ecosystem of tools for creating, launching, and selling Solana NFTs with ease. It comprises two sections, a self-hosted Web3 platform and an on-chain decentralized program for buyers and sellers to trade. Trading of NFTs happens in the Auction House, which accords full asset ownership to a user by offering escrow-less sales services.
Its foundation, the Metaplex protocol, is considerably faster and cheaper than other platforms, including OpenSea. By leveraging the Solana blockchain and its scalability, Metaplex aims to unlock innovations in the NFT space and contribute to the growth of the broader decentralized finance (DeFi) ecosystem.
5.Exchange Art
Exchange Art is a Solana-based NFT marketplace that allows users to acquire and trade tokens and creators to sell their artworks globally. It was primarily built to empower artists to get a fair deal through favorable royalties. In addition, it allows artists to choose secondary platforms where they list their tokens and earn royalties from subsequent trades.
The marketplace charges creators zero frees for selling art. Instead, buyers will incur the primary and secondary sales marketplace fees (5% and 2.5%, respectively). Additionally, it charges 0.011 SOL as a convenience fee for the minting of new artworks covered by the minting party.
6.Alpha Art
Alpha.Art is a unique Solana NFT marketplace that allows users to explore many collections (listed or unlisted) and make offers to those they find interesting. To make an offer, a user must have enough SOL in their wallet as the amount is secured to make it available if the seller accepts the offer.
Unlike some NFT marketplaces, Alpha Art does not charge marketplace fees for listing, unlisting, or making offers. Instead, it implements a 2% flat seller fee when an NFT is sold. Notably, Alpha Art has a cleaner and friendlier UI/UX compared to market leaders, which has attracted a growing number of interested customers.
7.DigitalEyes
DigitalEyes is a platform for exploring uniquely designed NFTs and trading Solana-based digital collections. It has a user-friendly interface that allows easy exploration of assets and provides a comprehensive list of attributes for each NFT, empowering users todetermine the value of NFTs before purchasing.
The marketplace is also designed with creators in mind. Artists can list their NFTs for sale, set their desired prices, and easily connect with potential buyers. It charges a 2.5% service fee for each transaction but also provides discounts on these fees depending on the collection. Creators can acquire a mark of verification to help people find them.
8.Supadrop
Supadrop is a community-centered Solana NFT marketplace fully dedicated to empowering independent artists by connecting them with collectors within the digital art space. Users can easily create, share and sell their digital assets through its platform while collectors discover unique artworks.
Besides images, Supadrop supports a variety of assets, including AR/3D, Audio, Video, and HTML assets. Creators can distributeNFT royaltiesto limitless collaborators and get a secondary percentage of royalties when the NFTs are sold in other marketplaces. Supadrop charges a 2.5% platform fee for both primary and secondary markets and a minting fee between 0.01 SOL and 0.03 SOL covered by the minting party.
Solport is a Solana NFT trading platform that offers a variety of features and functionalities which enhance the trading experience. Users can discover unique and valuable digital assets using scarcity filters, participate in exciting auctions and get updates on marketplace activities through popular messaging platforms.
For creators and developers, Solport allows them to list their art and sell to a broader audience within the Solana ecosystem. While it charges a 2% fee for sellers, listing, unlisting, and refunds are free. Solport is considerably smaller than most competitors but has a growing ecosystem.
10.Hyperspace
Hyperspace is more than an NFT marketplace. It aggregates NFT collection from numerous marketplaces offering a single platform for users to explore and trade Solana NFTs. Besides its marketplace, it offers SDK, APIs, and a launchpad for developers to build and launch their NFT projects.
Hyperspace offers a unique feature, BNPL (Buy Now, Pay Later), which allows users greater liquidity and flexibility when buying NFTs on the platform. It also has low trading fees, zero fees for listing and buying, and a 1% fee charge on a buyer for any successfully sold NFT. Generally, Hyperspace is invested in gaining a good share of the Solana NFT marketplace through its one-stop-shop services.
Start Trading Solana NFTs
NFTs have a future, especially as we transition into Web 3, where our digital identities will become more important. Thanks to these Solana NFT marketplaces, creators of these digital experiences can host their assets on a fast, cost-effective blockchain and potentially continue to earn as they are traded among users. If you’re interested in trading Solana NFTs, join any of these platforms and experience buying and selling these digital assets.
Solana is a hot topic in the world of crypto. If you want in, here are the best exchanges where you can buy SOL.
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