Best Cardano NFT Marketplaces

Coinscapture
4 min readAug 1, 2023

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Welcome to the thrilling world of NFTs! The rise of Cardano-based NFT marketplaces is taking the lead in this vibrant landscape. These platforms shine with their blazing-fast transactions, budget-friendly fees, and dedication to the environment. As more NFT enthusiasts join the fun, these marketplaces promise enticing perks and advantages. Get ready for an adventure as we delve into the top Cardano NFT marketplaces, uncovering their one-of-a-kind features, user-friendly interfaces, and commitment to a sustainable tomorrow. Let’s embark on an exciting journey and discover the wonders of Cardano NFTs together!

1. JPG Store

JPG Store stands out as one of the largest and most influential Cardano NFT marketplaces, dedicated to empowering creators and communities aligned with Cardano’s vision of financial sovereignty and identity. The platform boasts an intuitive interface, enabling collectors to personalize their profiles, engage in transactions, and easily buy and sell NFTs. Creators in the community find JPG Store’s launchpad especially appealing, as it facilitates the seamless transformation of their art into NFTs. The platform levies a modest 1 ADA minting fee and 0.2 ADA network fee for creating NFTs. Collectors and creators also earn XP tokens through offers, sales, and purchases, which can be converted to $JPG at the season’s end. A significant highlight of JPG Store is its commitment to sustainability and environmental responsibility, operating on Cardano’s energy-efficient blockchain and contributing 1% of its revenue to environmental causes.

2. NMKR

NMKR stands as another prominent Cardano NFT platform, offering not only a marketplace but also an NFT infrastructure provider. Artists can mint their Cardano NFTs on this platform and access a wide array of tools, making it an attractive option for creators, developers, and enterprises. NMKR’s account creation process is free, and minting an NFT incurs a charge of 3% of the value or a minimum of 2 ADA per token, deducted during the sale. Additionally, the Cardano network’s fee ranges between 0.2 and 0.7 ADA, depending on the transaction size. Exciting features offered by NMKR include a playground for experimenting with new blockchain technology, a studio for managing and selling Cardano NFTs, and a staking pool where ADA holders can earn rewards with an average annual percentage yield of 4.5%.

3. Tokhun

Tokhun originated as a minting platform but rapidly evolved into a comprehensive Cardano NFT marketplace. The platform prioritizes quality by vetting artists and their content for credibility and excellence. While anyone can use their profiles to showcase assets, Tokhun maintains high standards for the NFTs featured on the platform. The marketplace imposes a minimum fee of 2 ADA for each unique NFT and a sales commission of 2.5% or 2 ADA, whichever is higher. For minting serialized assets, a fee of 2 ADA is charged for the first asset and 1.5 ADA for each subsequent asset. These fees are exclusive of Cardano’s network fee, typically around 0.2 ADA. Tokhun’s smart contract-powered market functionality, automated auctions with anti-snipe capabilities, and support for minting fungible tokens make it a noteworthy contender. Moreover, Tokhun enables creators to earn aftersale royalties and burn their assets if necessary.

4. Galaxy of Art (GOA)

GOA represents a Cardano NFT marketplace crafted by a diverse team of programmers and experts with a global perspective. The platform’s mission is to disseminate the joy and wealth of NFT collections worldwide, offering various NFT categories, such as art, comics, books, games, and luxury assets. Minting NFTs on GOA is free, with a small transaction fee charged in ADA. Additionally, 1.7 ADA per NFT is frozen to facilitate seamless transactions between buyers and sellers. Security is paramount on GOA, employing two-factor authentication to safeguard NFTs. For cryptocurrency transactions, the platform partners with Payscript, allowing users to transact without leaving their wallets. Although external wallets are currently unsupported, users receive a free GAO wallet upon registration.

5. Cadahub

Established in 2021, Cadahub functions as an NFT marketplace for creators, collectors, and investors to easily trade Cardano NFTs. It boasts the Plutus smart contract, accommodating various NFT types, including images, GIFs, audio, and video assets. All assets on Cadahub adhere to EIP-721/CIP-25 standards, ensuring smooth listing and trading across other marketplaces. Notably, Cadahub does not charge minting fees, instead covering the cost of executing minting transactions with a service fee of 0.4 ADA — the lowest fee in the market. This platform supports numerous Cardano wallets, such as Nami, Gero, and Flint, providing a user-friendly interface and robust support system. Cadahub empowers creators to mint, trade, and collect digital assets, fostering a vibrant ecosystem for NFT enthusiasts.

6. Artano

Artano distinguishes itself as a community-based Cardano NFT marketplace, with a mission to democratize the digital art world. Founded by a collective of 20 artists, creators, and developers, the platform addresses concerns about high fees and environmental impact in the digital asset space. Artano implements standard fees, charging a 5% commission fee on primary sales, a 10% commission fee on auction sales, and a 2.5% commission fee on secondary sales. Moreover, it supports two types of royalties: Artano royalties for sales within the platform and default royalties for sales in other marketplaces. Artano offers compatibility with most top Cardano wallets and fosters a supportive and sustainable digital asset trading ecosystem, underpinning its commitment to sustainability and eco-friendliness.

7. AdaNFT

Launched by AdaSwap, a decentralized cryptocurrency exchange platform, AdaNFT extends its impact by providing a marketplace for creating and trading Cardano NFTs. AdaNFT introduces a unique voting system that addresses common challenges, such as engagement and authenticity maintenance. Community members actively vote for NFTs, while community-selected moderators can authorize new collection drops, ensuring only authentic assets prevail. AdaNFT charges standard fees for minting, trading, and transferring NFTs, in addition to the regular network transaction fee. Users must open a free account and connect it to their Nami wallets to access the platform. Membership tiers of exclusivity (Silver, Gold, and Platinum) are based on ASW token holdings.

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Coinscapture
Coinscapture

Written by Coinscapture

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