Performaroo

Marketplaces

Creating your NFT Project has never been easier

With NFTs (and smart contracts) growing in popularity, there has been an increase in the number of brands and individuals creating their own projects.

If you’re a developer it may be easier said than done – until now. The rise of new technology has led to the opportunity to create a tool that makes it easy for the non-coders to get in on the fun.

If you happen to be someone who has only just learnt about the gold rush, this platform provides everything you need—from pick to shovel. 

Creating your NFT Project with Thirdweb

Creating an NFT project has now become easier than you think. Armed with all the essentials, you can let your imagination go wild. But, before you get started, here’s a quick rundown of everything you need to know about utilizing Thirdweb.

Creating your NFT Project with Thirdweb

Meet Thirdweb

Thirdweb, which has just undergone a version change, to version 2.0, is backed by Web2 heavyweights Steven Bartlett, Gary Vaynerchuk and Mark Cuban.

This goes to show that it’s really not something to be overlooked. The platform itself is super easy to navigate and the BIG PLUS is that they now take ZERO commission from project owners.

Previously they took 5% of your royalty (so if you had a 5% royalty setup, they took 5% of the 5%).

They have a whole host of contract types available, namely:

  • NFTs (ERC721 standard)

These are collections or one-of-a-kind tokens with fully customizable properties

  • Marketplaces (whitelabel)

Your own marketplace to let the community buy and sell tokens and NFTs

  • Tokens (ERC20 standard)

Custom social tokens, governance tokens and currencies you can control

  • Packs

Loot boxes full of NTFs with rarity-based unboxing mechanics

  • Drops (ERC721 with lazy minting; ERC 1155 standard with lazy minting)

Timed drops for users to easily claim NFTs and tokens (V2 allows projects to dictate phases of deployment and the specifics around each phase)

  • Splits

Royalty splits to manage your project revenue and fund distribution

Within each of these categories, you’ll find a few sub-categories that help you decide which route to take.
There are a few other benefits of Thirdweb that may not be evident to newbies:

  • Guides (these help you understand each contract in detail as well as help you with implementation)
  • A very helpful Discord channel
  • Testnet feature (which allows you trial each contract before spending real money on contract minting)
  • Access to a few chains (Ethereum, Polygon, Avalanche and Flow – with Solana and Flow coming soon)

The true power comes in with their SDK functionality which is, in most parts, editable through their JS snippets. For those that aren’t proficient in coding, the embed feature does the job too. Some of the standout project types include membership NFTs, Public Marketplaces, DAOs, PFP Collections and Blockchain Games.

Teams can also collaborate on projects with ease with the head of projects able to assign permissions to each team member like full permissions, minting permissions, interaction permissions, and transfer permissions.

Source: Thirdweb

As mentioned previously, Thirdweb also assists project creators with their own meticulously created and community-tested guides which covers everything from getting started to contract types and implementation of SDKs and embeds.

We will be reviewing other platforms and solutions that make project creation and management easier for non-coders and coders alike, so remember to check-in and see what we’re up to in the NFT & Web3 space.

8 NFT marketplaces you should explore

8 NFT Marketplaces You Should Explore

With the massive rise of NFTs in the previous months, it has become increasingly difficult to decide which NFT marketplace to choose to sell/buy non-fungible tokens.

The 3 points you should consider would be the type of art that the marketplace is known for, the fees associated with buying/selling, and the blockchains supported.

The majority of NFT marketplaces use Ethereum as their base, whereas others have opted for the likes of Polygon (MATIC) to save on gas fees and to have a better carbon footprint.

We’ll briefly cover our top 10 NFT marketplaces:

Opensea


There’s no doubt that Opensea is the forerunner in the NFT Marketplace space. It is one of the largest and most established marketplace at this point in time. It is home to a range of NFT types including art, photography, music, collectibles, and many more.

NFT Marketplaces you should explore - Opensea

The platform is very easy to use and free to get started. The one draw-card is that it supports over 150 cryptocurrency payment tokens and offers both a gas (Ethereum) and gas-free (Polygon) platform for creators and buyers.

Opensea also offers a range of resources that help users navigate getting started, buying, selling, creating, and general use of their platform, and navigating the NFT realm.

Rarible

Rarible is a community-owned and governed NFT platform that uses its own token, RARI, to allow users to vote on platform upgrades and any moderation that may be needed.

The platform generally attracts a more niche market compared to Opensea – with the majority of users being into sports, gaming, and media along with artists releasing full collections.

The platform allows users to choose between Ethereum, RARI and Tezos at checkout. Rarible has partnered with some well-known brands, including the likes of Adobe, to secure unique work and create unique NFTs.

Binance NFT

Binance NFT is considered to be one of the most fool-proof NFT marketplaces due to it being one of the largest and the few that are supported by its own blockchain.

The sheer size and scale of the platform opens it up to exclusive partnerships and events/drops for members. The best part – if you hold BNB (the Binance currency) you can use it on the marketplace along with others like ETH, and BUSD.

SuperRare

The name gives it all away – this marketplace brings the touch of class a real-world gallery would. The platform is on the Ethereum blockchain and is comprised of curated, rare artwork. It has no time for meme-centric projects.

SuperRare doesn’t allow just anyone to sell on their marketplace, with reports stating that only 1% of artists who apply actually get accepted. This reinforces the exclusiveness of the platform and ensures you get highly-curated pieces of art.

Have a look at the SuperRare blog here.

MakersPlace

Every NFT available on MakersPlace is authentic and truly unique. The creations offer distinct authenticity by being digitally signed by the creator and recorded/verified on the blockchain. By only releasing a limited number of authentic creations, you are guaranteed scarcity and uniqueness when you mint.

NFT Marketplaces you should explore - MakersPlace

MakersPlace offers a range of resources to creators and puts them in touch with like-minded individuals while putting their art in the hands (wallets) of those that appreciate unique art. Somewhat like SuperRare, MakersPlace can get quite expensive with the art being from established artists.

KnownOrigin

As one of the oldest marketplaces, KnownOrigin is focused on offering rare and collectible drops (and like the 2 marketplaces above it can get pricey). The differentiating factor here is that they are focused on time-released events, known as drops, that enable artists to control the number of copies that get released/minted. This in essence creates scarcity and could lead to the price jumping substantially.

NFT Marketplaces you should explore - KnownOrigin

Just like SuperRare, artists need to go through a vetting process before they are able to sell on KnownOrigin. But for the buyers, it’s a really easy-to-use platform and guarantees unique, limited edition pieces of art.

Mintable

Mintable makes NFTs easy to navigate and understand. The platform is backed by billionaire entrepreneur Mark Cuban and boasts a variety of content from the art, music, gaming, video, and media space.

For those that aren’t well versed in NFTs, crypto wallets, or blockchains, Mintable is probably the place to start selling (if you aren’t already). Creators can turn any piece of digital art into an NFT (GIFs, JPegs, Videos, Audio, etc) and add it to your “store” on the platform.

NFT Marketplaces you should explore - Mintable

Mintable also offers its resources to sellers through the Mintable University. These courses are done through Mintable University and cover the basics like What are NFTs; How to Mint; Creating a store; Marketing your NFTs and a general overview of NFTs and cryptocurrency. View the resource platform here.

Momint

Momint is putting South Africa on the map when it comes to easy-to-use NFT marketplaces. The platform has dubbed itself as the “NFT Marketplace For When The Bubble Bursts” and claims to be the platform that fuels the creative ecosystem.

NFT Marketplaces you should explore - Momint

The platform allows users to pay for NFTs with a credit card and they don’t need to have any prior crypto or NFT experience to take part. Buyers can view a range of NFT types including collectibles, derivatives, art, utility, and many more. They currently support listing on a range of blockchains including Ethereum, Polygon, and xDai with easy-to-deploy smart contracts for businesses and creators.

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There’s definitely no shortage of marketplaces for creators and buyers to get involved in NFTs – regardless of their artistic taste, budgets, and blockchain preference.