NFTs are the revolution to the digital world by bringing value to things that didn’t have one a decade ago. With the launch of the metaverse and other digital projects, NFT marketplaces have also received a sudden boost in visitors.
Think of the NFT marketplace as a shopping mall where brands display their latest collections. Some might be expensive and rare, while others might be cheap and less valuable. But each cannot be replaced and give ownership to the buyer.
Many NFT marketplaces contain dozens of NFT collections, each belonging to a specific niche or industry. The most popular industries include digital art, virtual lands, gaming items, music, and many more.
With the world obsessing over NFTs and digital ownership, artists are slowly entering the digital world of NFTs to establish careers and showcase their talent in the NFT marketplace.
If you are a creator looking for a platform to build your career, the NFT industry can be your gateway to success. However, you should be familiar with the industry to succeed in it.
What is minting NFT?
An NFT or a non-fungible token operates on a blockchain. It is a digital asset that gives proof of ownership to individuals. When you create something digitally, it needs to be minted to become a digital asset.
NFTs are minted in NFT marketplaces where buyers, collectors, and creators gather for NFT trading. These platforms bring together two parties in a decentralized system with no third party involved during the interaction. They also facilitate creators in transactional and other NFT-related services.
If you are among those artists who have no idea where to mint NFT, here are the top 5 best NFT marketplaces where you can mint NFTs:
- Binance NFT
OpenSea is the largest and oldest NFT marketplace to mint your NFT. It offers a wide range of NFT collections from art and music to short clips that can be a valuable asset for buyers. OpenSea is the top-picked NFT marketplace where almost every NFT artist begins their career as a digital artist.
OpenSea is the best platform for empowering entrepreneurs and creators to showcase their talent. The company is dedicated to helping build a strong global digital economy.
OpenSea currently values around $13.1 billion. It operates on two blockchains Ethereum and Polygon. Ethereum works as the Layer 1 where all the NFT trading happens, and Polygon is the second layer where all the transactions happen. Many artists pick OpenSea to mint NFT for its low transaction fee as well.
To mint NFTs on OpenSea, here is a step-by-step guide:
- Go to https://opensea.io/ and click on Profile from the profile icon at the top-right corner
- OpenSea will show you a few wallet options, select any of one them
- Check the box for “Accept the terms and conditions” and enter your email address and username
- Once you have verified your account, select My Collections from the profile icon
- Click on Create a Collection. Name the collection, and add cover and profile image.
- Select Add Item on the top right corner and upload your NFT.
- You can add all the names, descriptions, properties, and other details for each NFT as you upload it.
- Click Create at the bottom of the page.
Now your NFT is out in the world and on display on the OpenSea. The NFT marketplace will automatically rank the NFT based on its unique traits to grab buyers’ attention.
Many NFT artists prefer minting NFTs on OpenSea because of its easy tools and huge traffic. In January, OpenSea had around 121.7M visits, according to similarweb traffic analytics.
Rarible also makes it to the list of best NFT marketplace to mint NFT. It is one of the biggest platforms to sell and trade specially made NFTs and other crypto assets. Compared to other NFT marketplaces, Rarible is known to have brought innovation to the NFT industry by introducing memes and virtual lands as NFTs.
It operates on the Ethereum blockchain and has its own native cryptocurrency called RARI tokens.
Rarible just recently announced the “Lazy Minting” process which will make it, even more, easier to mint NFTs through the platform. Unlike OpenSea, you can do minting for free, making it an ideal NFT marketplace for beginners.
Here’s how you can mint NFT through Lazy Minting on Rarible:
- Go to the official Rarible website https://rarible.com/ and click on Create at the top right corner.
- Type in all the information and upload your NFT
- Click the Free Minting option
- Click on Create Item and sign the free wallet authorizations
- Your NFT is ready to be sold on the Rarible NFT marketplace.
Rarible has a current valuation of around $14.2M. Based on various sources, it rose in popularity since last year, which means the traffic on the NFT marketplace is slowly increasing with time.
People who prefer Rarible over other NFT marketplaces give the reason that the platform has huge traffic with less gas pricing.
3: Binance NFT
Binance NFT is also a big NFT platform with thousands of visitors on the website every month. This marketplace is operated as a partnership between FTX and Binance. It runs on the Binance blockchain and follows the Binance infrastructure as an NFT marketplace.
Binance NFT marketplace offers better services than any other platform. The most important feature of this platform is the multi-chain support in which users can deposit or withdraw NFTs from Ethereum to Binance Smart Chain without any hassles.
Binance NFT also doesn’t require conversion of the wallet to Ethereum. Furthermore, it ranks as the highest liquidity platform, compared to other marketplaces. Many artists mint NFTs on the Binance NFT marketplace due to promising features and a well-segmented audience.
It comprises three main categories: Gaming, Marketplace, and Mystery Boxes. The Gaming category has all the gaming assets, Marketplace contains every kind of NFTs, and Mystery boxes contain random NFTs ranging from rare NFTs to super rare NFTs from a collection.
As a creator, it is the best platform to showcase your talent. Here’s how you can mint NFT on the Binance NFT marketplace:
- Go to the Binance NFT website https://www.binance.com/en/nft/home
- Register for an account by entering your email address and personal information
- Click on Create
- Select between Image, Audio, or Sound based on the type of digital file
- Fill out all the information about NFT and click on Create
- You will see a message of Minting Complete, which means your NFT is live on the marketplace.
From gaming items to collectibles, it only takes five minutes to complete minting on the Binance NFT marketplace and your NFT is ready to be displayed on the marketplace for buyers.
SuperRare is an NFT art marketplace where people mint, buy, sell, and trade NFTs. SuperRare only lets artists mint art NFTs on the platform.
The marketplace recently announced its plans to display a pop-up NFT gallery in New York to showcase the wide range of collections it holds on the platform.
SuperRare isn’t just an NFT art marketplace but also has its own social networking space where NFT fans and artists can interact with each other.
To mint on SuperRare can be quite hard for new creators as you first need to apply and then get featured on the marketplace, unlike other marketplaces that give you the freedom to mint yourself. In other words, SuperRare handpicks NFT art collections to be displayed on the platform, and this is how it maintains its quality in the NFT industry.
Here’s how you can mint your NFT art on SuperRare:
- Go to https://superrare.com/ and make an account on the website. Make sure to connect your wallet
- Upload your file as a gif or image. Remember it should only be artwork.
- Fill out the information such as NFT name, creator’s name, description, and tags.
- Click on Issue Token and check all the required boxes, then click on Begin Tokenization
- After paying the gas free through your wallet, you will see the Tokenization Complete message.
Search your NFT by going on the main page and clicking on Newest from the filter option. You will see your NFT displayed.
SuperRare is a blend of traditional art galleries and NFTs, so it has a relatively higher minting fee. NFT artists whose collections are shortlisted receive a 10% royalty every time their NFT is sold on the platform.
Foundation ranks among the top best NFT marketplaces in the NFT and crypto community. Traders from all around the world visit Foundation to pick the rarest NFTs.
It is the perfect platform for NFT artists to showcase their collections. One of the attractive features is helping creators by holding live auctions on the platform.
However, you have to be a member of the Foundation community where you can submit your art piece to get it verified and displayed on the platform. In other words, it is an Invite-only marketplace.
Last year, the Foundation had over 177,000 NFTs. Despite being a member-only marketplace, it has 260,000 registered members. It operates on the Ethereum blockchain and charges a 5% marketplace fee for all transactions.
As a creator, you can become a member of the Foundation community if you have any friends or acquaintances who already sold their NFTs through Foundation, they must send you an invite to access the platform. As a buyer, anyone can register on the marketplace.
6: Bonus: How you can use NFTStudio24
NFTStudio24 is a well-known media firm that is committed to empowering new and emerging talent through its platform. It reports on the latest news related to Blockchain, NFT, Crypto, Metaverse, and Decentralization to its segmented audience.
As a media firm, NFTStudio24 aims to become a liaison between buyers and creators through the platform. Therefore, after minting NFTs, it is essential to advertise them with NFTStudio24 to boost sales.
Although NFT marketplaces rank your NFT based on the rarity, you will still need a media partner to narrate your story and the inspiration behind the NFT collection to attract buyers. NFTStudio24 helps artists’ works reach their high-profile segmented industry audience through its strategic marketing services:
- Press release articles: Publish press releases on the website for your NFT collection
- NFT collection review: Review your NFT collection to bring the interested audience
- NFT collection verification: Receive a verification badge for the reliability and credibility of your collection
- NFT Rarity tool: This tool helps in determining how rare an NFT is from a collection
- Web banner: The web banner is displayed on the main page of the website
As the competition rises in the NFT industry, NFTStudio24 is the perfect platform to tell your story to the world.
Each NFT marketplace has its own characteristics that differ from one another. Now that you know some of the best NFT marketplaces, you might be stuck on choosing one.
As an NFT creator, you need to consider your NFT specifications and then decide which one is the best. We recommend NFTStudio24 as it provides specific services for NFT artists to promote NFT collections through their platform.
Other than that, it all depends on what your preferences are to choose which marketplace to mint your NFT collection.