Discover the best options to buy and sell NFTs on Cardano
Cardano is home to an increasingly growing number of dapps and NFT Marketplaces. The highly environmentally friendly blockchain offers special features for both artists and collectors wanting to dip their toes in NFTs. We compiled a list of the best NFT Cardano marketplaces for you.
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What is Cardano?
Cardano is an interesting blockchain with great potential. The team behind it claims that it overcomes existing problems in the crypto market: mainly that Bitcoin is too slow and inflexible, and that Ethereum is not safe or scalable.
This popular proof-of-stake blockchain platform is home to the ADA cryptocurrency and has a vibrant community of users and developers worldwide. It is already significantly faster than Ethereum, allowing for quick transactions at fair prices.
The development of the platform began in 2015 and was launched in 2017 by Charles Hoskinson, a co-founder of Ethereum and BitShares. Hoskinson famously left Ethereum after a dispute with its co-founder Vitalik Buterin over accepting funding to create a for-profit entity while Buterin wanted to keep it running as a nonprofit organization.
What makes Cardano NFTs different?
One thing that sets Cardano NFTs apart is that they do not require smart contracts. This unique feature makes Cardano NFTs more secure to create, and easier to execute while significantly cutting gas and transaction fees.
What are the best Cardano NFT Marketplaces?
So far, more than 56,000 NFT collections have been launched on Cardano, and although the overall NFT market is slowing down, Cardano´s recent Vasil fork signals a bright future for NFTs by significantly increasing scalability and fixing security loopholes.
Let us look at five of the best Cardano NFT Marketplaces
This platform is ideal for beginners venturing into the world of digital collectibles. The user interface of the JPG.Store NFT marketplace is similar to OpenSea and LooksRare, making navigation very simple. Here you can discover upcoming NFT drops, and buy & sell your favorite NFTs without any hassle.
- Supports most Cardano wallets
- Holds a great variety of collections
- A transaction fee of 2%
- Minting tools
- Collection rankings
- Creator Royalties
- Collection verification
- No escrow (no third party temporarily holding money in a transaction)
This was the first ADA NFT marketplace to be created. It is home to known Cardano NFT collections such as SpaceBudz and Paviaothers. At the time of writing, the CNFT marketplace trades over 500 million ADA in 24-hour volume.
- 2.5% Marketplace Fees
- Native token $CNFT
- Many listing options
- Supports most Cardano wallets
3. Cardano Cube
This is not an NFT Marketplace per sé but rather an aggregator showing all the available dapps and projects being built on Cardano, including NFT marketplaces of course which only keep growing by the day, due to Cardano´s active developer community.
- Supports all Cardano wallets
- Overview of more than 1,000 Cardano-based dapps and projects
- 0% fees
This is another good option for beginners wanting to venture into Cardano NFTs due to its user-friendly features. Here you can mint your own NFTs and pay solely for the Cardano blockchain transaction.
- Easy to use
- Supports Nami, CCvault, Flint, and Gero Wallet
- No Marketplace fees, only Cardano blockchain transaction fees
This platform is probably the less user-friendly of the list due to its clunky visuals. It features the work of over 100 artists and each of them can create up to 20 uniquely named NFTs, auto-numbered in a series via a single mint.
- Highly customizable NFT minting features
- Serialized minting
- Authenticity validation
- Creator royalties
- 2,5 % fee
- Native token $TKHN including staking
Carry your Web3 journey with you
With the DappRadar mobile app, never miss out on Web3 again. See the performance of the most popular dapps, and keep an eye on the NFTs in your portfolio. Your account on DappRadar syncs with our mobile app, giving you soon the option to receive alerts live as they happen.
The Cardano community has many passionate members and the development of NFT Marketplaces is just in its infancy. In the same way, it is too early to say what impact NFTs will have on the overall adoption of Cardano.
However, with the unique benefits that the blockchain offers with its green cryptocurrency (ADA) and robust secure upgrades such as Vasilius, there is a bright future ahead. More and more NFT Marketplaces emerge on Cardano due to its ease of deployment, sustainability, and reliability.
Here at DappRadar, we want to help you navigate Web3 and the vast universe of NFT Marketplaces. If you are bullish on Cardano, check out these great dapps and find out which one works best for you.