Are you looking to buy or sell digital collectibles? OpenSea is no doubt one of the world’s largest NFT marketplace. Up from 4,000 users in March 2020, over 600,000 people have used OpenSea as of early 2022. Whether you’re a collector, gamer, artist, or someone who appreciates digital art, you’re sure to find something that catches your eye on Open Sea. Opensea is also known as the eBay for NFT assets on eBay. In fact, on Opensea alone, CryptoPunks alone has generated more than $2 billion in sales.
With such great stats, Opensea is no doubt one of the best NFT marketplaces. With such a huge NFT company comes one disadvantage: “Market Saturation.” There are too many NFT projects on Opensea and if you want to get a chance to stand out from the crowd, you need to face lots of competition.
However, if you might be wondering if there are any alternatives to the Opensea NFT marketplace, then you are at the right place.
There are NFT projects that are actually doing really well in other NFT marketplaces. Today in this article, we will look at the top 7 Best Opensea NFT marketplace alternatives.
Rarible is an excellent alternative to OpenSea if you’re looking for a digital NFT marketplace with everything in it. The platform categorizes its NFTs into categories such as art, games, music, photography, domains, and other areas.
All kinds of art, videos, collectibles, and music can be bought, sold, or created on the platform. However, unlike OpenSea, you’ll need to use the marketplace’s own token, Rarible to buy and sell on the market. Rarible is built on the Ethereum blockchain.
Rarible is a great marketplace if you’re searching for one with a lot of traffic and verified creators. The system uses badges to verify and authenticate creators, so you can be confident your NFT is genuine. OpenSea also shows your Rarible NFTs, which is helpful if you intend to use both platforms frequently.
Top features of Rarible include:
- Users may develop NFTs without paying any upfront gas costs using Rarible’s lazy minting option.
- RARI Token is used for governance.
- Support for Mobile application
- Integration with OpenSea
- Supports lots of Crypto Wallets
- It’s free and open-source, but it’s also completely safe from outside attacks.
- Add Crypto funds to your wallet that can be paid by credit card, debit card, and Google Pay through different Crypto Wallets.
- Provides a direct messaging application that allows creators and users to interact.
- The platform takes a 2.5% fee from both buyers and sellers, which is used to pay for listings on the site.
The second OpenSea alternative is Mintable, founded in 2018 and allows users to purchase, trade, exchange, and mint NFTs.
Mintable, is supported by billionaire Mark Cuban and aims to offer a similar service as OpenSea.
To use Mintable, you’ll need Ethereum. Individuals from all walks of life may now create NFTs (artists, photographers, musicians) and sell their work as a digital asset through the platform.
Mintable is the most popular NFT platform for a number of reasons. It allows you to “Lazy Mint,” which means you can put out content on the market without paying the gas fees upfront, as many other platforms demand. If you want a little more variety in your NFTS, Mintable supports videos and e-books.
Features of Mintable NFT marketplace
- Lazy minting
- 2.5% is charged as buyer and seller transaction fees
- Users can either use USD or ETH as a form of payment
- Very easy to use website interface
- The costs of gasless and printable items are 10%
- Live chat directly from Discord
- Other services include advertising packages and customer store
SuperRare, like Rarible, is creating a platform for digital creators. The marketplace features art, movies, and 3D models, but collectors may acquire pieces by paying with Ethereum instead of traditional currency.
Every artist that appears on the platform is strictly reviewed by the SuperRare curation team, and they only accept a small number of artists and creators.
Because of this, there’s less chance of buying a fraudulent piece of art on SuperRare than there is on other marketplaces.
Only those who have been invited to the platform are allowed to create NFTs, which is the reason why SuperRare is so special.
The NFT marketplace is a home to the greatest and highest-quality NFT’s currently in the NFT community.
Users can quickly and easily discover what kind of NFT’s they want to buy on SuperRare since there aren’t many items cluttering the UI design of their website.
Features available on the SuperRare platform include:
- Exhibitions and limited editions are available for users
- Artists can share contracts with other artists
- On all transactions, buyers are charged a 3% fee.
- A 15% commission is charged as Gallery Fees on the first sale.
- For every sale that the artists and creators make, they receive a 10% royalty payment.
- Three popular Ethereum wallets are supported by SumuRare: MetaMask, Fortmatic, and Wallet Connect.
- Digital artworks available that are First edition
- SuperRare practices the concept of DAO or Decentralized Autonomous Organization that gives voting rights to the community.
- $RARE tokens are used for governance
David Moore, Andy Gray, and James Morgan founded the NFT Marketplace in 2018, and today, it’s one of the biggest and well-known NFT marketplace in the NFT community.
It’s similar to SuperRare with the fact that it only provides curated, hand-picked digital assets to its users. Known origin allows digital creators to authenticate, showcase, and sell their work. Unfortunately, the platform does not have much volume, so if you want to keep your NFTs as a long term investment, Known Origin is not the best option for you.
Using the KnownOrigin platform, you’ll only find a focus on digital artwork. This means you won’t come across any of the strange or “uncouth” pictures that are common on other, more open platforms.
This means, they focus more on retaining the premium value of the artwork or collection, rather than being open to just any kind of digital artwork collection.
Features available with KnownOrigin:
- Using either cash or a credit and debit card for buying NFTs on the platform.
- The Known Origin Platform takes a 15% commission on the first sale.
- All secondary sales incur a 2.5% fee
- On all secondary sales, the artist receives 12.5% as royalty income.
- For that artist who want to Print NFT’s, there is a dedicated portal for that.
- MetaMask, Formatic, and WalletConnect are all compatible with Known Origin.
- Content, art and collections are handpicked by the curation team.
- Gallery links can be shared
The next OpenSea alternative on our list is Foundation, which calls itself the “creative playground” for NFT creators. Users on the Foundation platform will have no trouble purchasing, selling, or trading their favorite NFTs since the site has a trading volume of more than $79 million.
Foundation also has a timed auction feature, which is something we love about it. The platform offers the ability to set time limits on auctions, much like eBay. However, because Foundation is an invite-only digital marketplace, you’ll need to know someone who already uses it in order to get an invitation to enter the platform.
Features of Foundation app:
- Users may place bids on items for sale during the live auction.
- All artists receive up to 85% of the sales proceeds from Foundation main market.
- The platform takes a 15% service fee and keeps it as a service charge.
- The seller receives 85 percent of the proceeds from the secondary trade of an NFT, the creator gets 10%, and the Foundation receives the remaining 5%.
- The Foundation app is specifically for more serious collectors and investors
- It is compatible with MetaMask and Torus wallets.
- A great tool for discovering new artists and events.
6. Sol Sea
Solea is one of the bigger players in the Solona NFT market, yet it’s a great alternative for those NFT investors, looking for a cheaper options for investments in the NFT community.
They not only enable creators to sell, mint, and buy NFTs through their marketplace, but they also provide data services to enterprises like CoinMarketCap.
Solea also established its own First 100 virtual NFT art fair to showcase innovators and early adopters.
Features of Solsea:
- There are various listing alternatives to choose from.
- There are rankings for different collections and NFT’s
- Mint calendar is also provided
- Platform provides users with Minting tools
- Creator royalties
- Staking is also possible in the platform with their Native $AART token
- There is a 3% platform fee
- A Virtual art fair that features works from emerging artists.
The uncontested king of the SOL NFT marketplaces is still MagicEden, which not only offers a wide range of high-quality NFT collections but also various other services.
The company offers its own DAO, called the Launchpad, while it also provides a gaming-specific area, and API services to other platforms.
The MagicEden platform is the OpenSea of the Solana ecosystem, with over 90% market share for secondary trading.
It is also worth pointing out that MagicEden has received a significant amount of venture capital, from firms such as Sequoia Capital, Coinbase Ventures, and Alameda Research.
- There are numerous listing alternatives to choose from.
- NFT Drop Calendars
- API services
- Launchpad and the Magic DAO
- White labeling services
- Rankings of different NFT Collection
- A dedicated gaming area is available.
- Filtering of Attribute of NFT’s
- 2% service fee for users