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April 18, 2022

Best Cardano NFT Marketplace - For Safe Cardano NFT Transactions

The first NFT project built on the Cardano ecosystem is Cardano Kidz, which are digital characters on what looks like magazine covers. What other non-fungible tokens can you gain access to on the popular proof-of-stake blockchain ecosystem marketplaces?

Which ones are the best and most trustworthy NFT marketplaces out there for Cardano digital art? Let’s take a look.

Most Reliable Cardano NFT Exchanges 

JPG Store

JPG Store claims to be the largest NFT marketplace on the Cardano blockchain. Aside from an easy-to-use NFT marketplace, JPG Store also has other features such as a Launchpad for your NFT campaign, and you can get your NFT collection verified.

It’s a great place for NFT holders to explore the best Cardano NFT projects available and for creators to list their creations for sale. The marketplace uses smart contracts and allows royalty fees for the creators and has a pretty low service fee for each digital art transaction at 2%. 

Pros

  • Uses smart contracts
  • Has a Launchpad feature
  • Can verify your collection
  • Secure on the Cardano

Cons

  • Only supports the CCVault and Nami digital wallets as of now 

 

CNFT.io

The next largest Cardano NFT marketplace is CNFT.io. The marketplace allows for sales and purchases of NFTs with close to 40,000 assets available at the time of writing. What we really like about this exchange is it lists out each Cardano NFT project for you to scroll through so you can find exactly what you’re looking for and what’s good to invest in, which lists out NFT collection rankings.

Aside from regular transactions, this Cardano blockchain NFT marketplace can also mint, and launch your project in the NFT space. 

Pros

  • One of the first NFT Cardano project marketplaces
  • Can help to mint or launch your NFT project
  • Many assets on the market
  • Easy-to-use interface

Cons

  • 2.5% commission for each sale (minimum of 1 ADA)

Epoch.art

Next up is Epoch, another marketplace that operates on the Cardano blockchain. It supports trading and collecting various digital assets made safe with the help of smart contracts.

What makes Epoch one of the best NFT marketplaces is it does not take listing fees. However, there is a 2% marketplace fee, which goes directly to the platform to fund its operation. Then there is the transaction fee. Rest assured that Epoch is working to ensure the lowest fees possible, which as of now, are around 1.6 to 2.2 ADA for sales.

For NFT collectibles purchases, the fees depend on the asset but you will be paying a small amount.

Pros

  • $0 listing fee
  • Collection verification
  • Uses smart contracts
  • Simple interface
  • Supports buying, selling and trading 

Cons

  • Only supports two wallets as of now

 

Tokhun

An Cardano-based NFT art marketplace deals in the native currency ADA, and Tokhun is the same. The site’s marketplace has filters to help you quickly sift through projects, tags, sale types, or categories. Some NFTs are going for very high numbers, so you can also set price filters to ensure that whatever shows up is within your price range.

Just passing through? No problem! You can explore what Tokhun has to offer, which includes the creation of your own NFT projects as well. Tokhun also has a stake pool, which helps raise funds and support communities all over the world. For the pool, you will deal mostly with $TKHN, the utility coin for the platform.

Pros

  • Cardano stake pool
  • Organized layout 
  • Smart contract-driven
  • Mint, buy, sell and manage your Cardano blockchain NFTs

Cons

  • Not a lot of info on the knowledge base

Galaxy of Art

A smaller and lesser-known of the Cardano-based NFT marketplaces is Galaxy of Art (GOA). The marketplace supports sales and purchases of rare NFTs to complete your personal collection. Other than simply buying and selling, the GOA marketplace also supports minting, holding and auctioning NFTs.

Buying your first, 10th or 100th Cardano NFT on GOA is easy. Just create an account, head over to the marketplace, make use of the filters, find the NFT you want and buy it!

The other actions on the site are just as easy with simple walkthroughs in the FAQ section. Gas fees on Ethereum are high, which is why GOA decided to go with the Cardano blockchain.

Pros

  • Open source and decentralized
  • Proof of stake
  • Easy to navigate

Cons

  • Does not support external wallets

Pavia

As an honorable mention, we couldn’t forget about Pavia, which is quite different from the other Cardano blockchain platforms. It is the first-ever Cardano digital world and extends beyond just digital artworks. In fact, it is a technological marvel. 

Collectors would buy and sell NFTs, which are the land parcels in Pavia. The platform is more than a marketplace, it is a grid-based open world and is considered more of a game community than a dedicated NFT marketplace.

Pros

  • A digital community
  • Cool and new concept
  • Land parcel is an NFT you can buy and sell

Cons

  • No traditional minting as on other marketplace platforms 

 

DEADPXLZ

DEADPXLZ is another honorable mention on our list. It is a collection on Cardano with its own marketplace. What makes DEADPXLZ unique is it’s the first interactable token on Cardano. Yes, they cost quite a bit of ADA (1 ADA is around 1.22 USD as of writing), but they are pretty cool. Your DEADPXLZ can display moods, which you can change along with the background with a click of your mouse. 

Pros

  • Cool animation
  • New idea

Cons

  • Expensive 

Conclusion

The Cardano network is a green and sustainable blockchain ecosystem, and going with Cardano-based marketplaces for NFTs will take advantage of these benefits. Compared to the Ethereum blockchain, Cardano has lower gas fees, which has crypto enthusiasts excited about this particular network. Smart contracts for each transaction will further bolster the safety and ensure your wallets and NFTs are safe.  

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