This article takes stock of 10 NFT markets on the Solana chain
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2022-05-10 11:30
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Briefly analyze the advantages, disadvantages and characteristics of the various Solana NFT markets that have emerged in the past year or two.

old yuppie

Original Author: Old Yuppie

This article comes from the WeChat public account:old yuppie

Are you looking for the SOL NFT marketplace?

Maybe you're tired of high gas fees on Ethereum and looking for an affordable and efficient alternative on Solana?

Well, you've come to the right place, because we took a closer look at Solana's ever-expanding ecosystem and found incredible excitement.

Looking at the staggering number of dApps being built in Solana, it's no surprise that it's considered a prime contender for the smart contract crown.

In this article, we'll show you the various different Solana NFT marketplaces that have popped up over the past year or two.

key point

key point

Solana is one of the most popular smart contract blockchains in the world, mainly because of its scalability and low transaction fees.

The Solana ecosystem has grown tremendously over the past 2 years, and it is often referred to as a potential "Ethereum killer" due to its pragmatic approach of natural trade-offs between scalability, security, and decentralization.

first level title

What are Solana and SOL?

Solana is a layer 1 blockchain that uses Proof-of-Stake and Proof-of-History as consensus mechanisms to achieve a higher level of scalability. Solana is generally considered decentralized enough for security but superior for speed because some aspects of its infrastructure are more centralized than other blockchains. Solana's native Token is called SOL.

An infographic explaining what Solana's 8 core innovations are.

If you've been working in the crypto space for a while, then I don't think we really need to explain to you what Ethereum is and why it's the largest smart contract platform in the world.

If you've ever used Ethereum, you're also aware that the Ethereum platform is actually quite expensive due to its high gas fees.

While this clearly speaks to Ethereum’s popularity, it’s also one of the main reasons why there is so much interest in newer and faster blockchain alternatives.

One of the compelling smart contract platforms that has popped up in the past few years is Solana.

The Solana project was founded in 2017, so it has been around for quite some time.

Over the years, Solana has grown into what many refer to as an "enterprise" blockchain.

You see, while Ethereum clearly strives to be as decentralized as possible (at the expense of efficiency), Solana decided to be decentralized enough to be efficient.

Here are some numbers: While Ethereum's transaction speed is typically 13-15 transactions per second, Solana claims it can achieve 65,000 transactions per second.

To be fair, Solana hasn't actually proven this in a real-world setting, it's currently processing about 2,000 transactions per second.

But, the point is, their proof-of-stake and proof-of-history consensus mechanism, so it can process transactions at a much higher speed than Ethereum.

This is why the cost of sending SOL (Solana's native Token) or processing dApp transactions is almost zero.

Another benefit of Solana is that developers don't need to learn Solidity to build dApps.

Instead, they can choose, for example, Rust or C, which makes it more accessible and increases development speed.

first level title

10 SOL NFT Marketplaces You Should Know

- MagicEden  

- Solanart  

- Solsea  

- DigitalEyes

- Metaplex  

- Alpha  

- Exchange  

- Artz  

- Solport

- SupaDrop

Before we dive into the entire list of the best SOL NFT marketplaces, let me talk a little bit about Solana's NFT ecosystem.

While NFTs on Solana are becoming increasingly popular, they still have a long way to go to approach Ethereum’s current relevance.

We think the domain name world might actually have some good analogies.

Think of Ethereum as the ".COM" of the NFT world.

Ethereum was the first blockchain where NFTs flourished, and most people entering the crypto space are now inherently familiar with the Ethereum ecosystem.

Also don't underestimate the impact of OG projects on the market.

Ethereum NFTs are already considered "advanced" NFTs.

Not only because NFT projects are bigger and more valuable, but also because the gas fee for entry is much higher.

Therefore, owning an NFT from a successful Ethereum-based project brings elements of exclusivity and social status.

In all fairness, high gas fees on Ethereum also help deter many low-quality and fraudulent projects.

As it becomes cheaper and easier to build NFT projects, supply often exceeds demand, reducing overall price and perceived value.

image description

1. MagicEden

"MagicEden" NFT SOL Market Screenshot

The undisputed king of the SOL NFT market is still MagicEden, which not only has a huge variety of high-quality NFT collectibles, but also provides various other services.

MagicEden has its own DAO, Launchpad, game-specific sections, and also provides API services for other platforms.

MagicEden is essentially the OpenSea of ​​the Solana ecosystem, with over 90% of the secondary transaction market share.

Features:

Features:

Various list options

attribute filter

launchpad

Magic DAO

Project Delivery Calendar

favorite ranking

dedicated gaming area

White Label Solution

API data service

image description

2. Solanart

Screenshot of "Solanart" Solana NFT market

Solanart is currently one of the largest and most professional SOL NFT marketplaces.

Having said that, it also means that they don't necessarily let anyone list their NFTs on their marketplace.

Features:

Features:

various list options

Global Offers

attribute filter

favorite ranking

image description

3. Solsea

"Solsea" SOL NFT Market Screenshot

Solsea is one of the larger players in the SOL NFT market landscape.

Not only does their marketplace enable creators to sell, mint, and buy NFTs, but it also provides enterprise data services for sites like CoinMarketCap.

Features:

Features:

various list options

minting tools

creator royalties

favorite ranking

Project Casting Calendar

Virtual Art Fair

Native AART Token and Staking

image description

4. DigitalEyes

Screenshot of "DigitalEyes" Solana NFT marketplace

DigitalEyes is another SOL NFT marketplace, positioning itself as the first "open" NFT marketplace (don't know what this open refers to).

The site has all the usual features, and the team also worked hard to verify collections that subsequently received the "Verfeyed" badge.

Features:

Features:

various list options

minting tools

set validation

Project Casting Calendar

image description

5. Metaplex

Screenshot of "Metaplex" SOL NFT marketplace

Metaplex is an interesting case because, strictly speaking, it's not really a SOL NFT marketplace.

You can think of Metaplex as Shopify for NFTs, a very interesting value proposition for people who want a more customized toolset, and we should mention that SupaDrop is actually powered by Metaplex.

developer tools

Features:

developer tools

Storefront and Marketplace Features

improve security

improve security

image description

6. Alpha

Screenshot of "Alpha" Solana NFT marketplace

Alpha positions itself as the revolutionary SOL NFT marketplace as it allows users to buy and sell NFTs without charging any listing fees.

We're not sure when Alpha was launched, the layout of the site may look familiar as it's essentially a fork of OpenSea with a slightly different style, which isn't necessarily a bad thing since OpenSea was designed for usability Pretty good (take-ism?).

Features:

Features:

Common Listing Options

creator tools

Collection

Collection

NFT Staking (Piggy Sol Gang)

image description

7. Exchange

"Exchange" SOL NFT Market Screenshot

Exchange bills itself as the SOL NFT marketplace for everyone, with a focus on 1/1 super limited art and independent creators.

The team took a more curated approach to NFTs, selecting and displaying curated collections of art, illustrations, and various other types of digital art.

Features:

Features:

Various listed optinos

minting tools

Creator Portal

creator royalties

creator split

image description

8. Arts

Screenshot of "Artz" Solana NFT marketplace

Artz bills itself as the first truly decentralized SOL NFT marketplace.

Interestingly, despite their emphasis on decentralization, it is actually more centralized than most other Solana NFT marketplaces.

Features:

Features:

Various list options

minting tools

decentralized market

Mobile App (coming soon)

image description

9. Solport

"Solport" NFT SOL Market Screenshot

Solport is another SOL NFT marketplace that uses the Solana blockchain and has chosen to use images from OpenSea.

Interestingly, the platform is so unoriginal that it may not be possible to avoid making some"similar"The product.

Features:

Features:

various list options

Free listing/minting

favorite ranking

reward program

image description

10. SupaDrop

Screenshot of "SupaDrop" Solana NFT marketplace

SupaDrop markets itself as a community-driven SOL NFT marketplace focused primarily on independent creators creating authentic digital art.

Features:

Features:

various list options

creator royalties

creator split

low minting fee

first level title

Other Solana NFT marketplaces worth mentioning

As we mentioned before, the Solana ecosystem is absolutely huge.

So it’s no surprise that the 10 SOL NFT marketplaces listed above aren’t the only ones out there.

New Solana NFT marketplaces are popping up all the time, and while we can't detail them, we at least wanted to make sure to list them here.

in conclusion

Milkyway

LIQNFT

RabbitHole

Solible

SolSurfer

SolShop

Hyperspace

in conclusion

As you can see, the Solana ecosystem is absolutely alive and well.

There are so many different Solana NFT marketplaces vying for a piece of the pie, we can't even list them all in this article.

However, we still recommend that you stick with those platforms that currently have the greatest liquidity in the market.

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