NFTs have been moving toward new highs for a long time. NFT platforms are virtual marketplaces where users can trade, list, and store digital assets. There are various NFT marketplaces in the market. NFT marketplaces are preferred based on their unique characteristics and use cases. Among NFT marketplaces, open sea It is one of the most popular in the crypto space. With over 1 million users, OpenSea has quickly become a go-to platform for many NFT enthusiasts.
OpenSea is widely preferred among many cryptocurrency users, but it is not the only option. There are many best alternatives to OpenSea that you should know about when creating an NFT marketplace. Everyone knows that OpenSea is considered the first option among NFT users. However, knowing or finding some OpenSea alternatives can help broaden your horizons on NFT marketplaces.
In this blog, the experts at Coinsclone have drafted a list of the best OpenSea alternatives. These alternatives to OpenSea were selected considering their use cases and features. These selected marketplaces have their pros and cons. However, choosing the right marketplace for your needs should be your top priority. Let’s discuss the best OpenSea alternatives and their features.
Best NFT Marketplace Alternatives to OpenSea
Looking for an OpenSea alternative doesn’t mean OpenSea isn’t a valuable NFT marketplace. OpenSea has unique features and drawbacks that can be overlooked. But knowing about other OpenSea alternatives will open the door to endless opportunities and options for you to consider. In this section, we discuss the top 10 NFT marketplace alternatives to OpenSea.
blur
The first item on our list of OpenSea alternatives is Blur. This NFT platform was launched in 2022 and is considered one of the successful alternatives to OpenSea. Blur is an Ethereum-based NFT marketplace that acts as an aggregator and platform for accessing a variety of NFTs. Compared to other NFT marketplaces, Blur offers buyers no transaction fees and a minimum royalty rate of 0.5%. According to recent statistics, Blur has acquired approximately 68% of the NFT space. With approximately 400,000 active users, this NFT marketplace holds approximately 3 billion tokens for future use. The platform is gaining good popularity among many popular NFT marketplaces due to its unique UI features, low fee structure, and liquidity facilities.
Related: Build an NFT marketplace like Blur using cloning scripts
Larible
Rarible offers a variety of NFTs such as music, digital art, game characters, photos, and more, allowing users to trade, create, and own NFTs. It offers these services at a low cost, making it the best alternative to OpenSea. Here users can access the platform using RARI (native token). This emerging NFT platform is growing to over 2 million active users with a market capitalization of nearly $42 million. Rarible serves as a model similar to e-commerce online sites, providing easy access for users. Integration with major blockchain networks and unique features like liking and commenting on NFTs also add points to Team Rarible.
mint table
Mintable is one of the great alternatives to OpenSea for concerns about trading fees. It gives users access to a number of digital assets and also supports mining. Unlike OpenSea, this platform offers gas-free mining options which attracts a large number of users. Mintable, with a total market capitalization of nearly $52 million, operates on both the Ethereum and Immutable X blockchains. Additionally, here users can create and sell NFTs for free. The fact that users can use credit/debit cards is an added benefit.
Binance NFT
Binance, one of the most prominent brands in the cryptocurrency industry, launched its own NFT marketplace in 2021. This alternative model provides access to both the BNB and Ethereum blockchains. Creators can receive up to 1% of the royalty fee. Binance NFT only charges fees 0.000001BNB You profit from minting fees. The market capitalization is approximately $600,000. With an average of 600,000 weekly users, the platform is known for its security features. Like other OpenSea alternatives, Binance NFTs offer cryptocurrency-to-fiat conversion.
rare to see
In our list of best alternatives to OpenSea, Lookrare ranks 5th. Looksrare was created with the motto: “By NFT people, for NFT people”. We are also known for putting our community first. Users and investors are rewarded for their active participation. Looksrare has a unique “Collection Suggestion” feature that allows users to make suggestions for their entire NFT collection. Additionally, the multi-cancel feature allows users to cancel multiple NFT listings. With a market capitalization of $85 million, users are given LOOKS tokens. These LOOKS tokens serve as governance tokens that determine the community’s decisions.
super rare
SuperRare is the best alternative to OpenSea when handling NFTs in the artwork category. This allows artists to make a fortune in the name of royalties. Built on the Ethereum network, SuperRare supports ETH coins. The NFT platform offers a variety of rare digital art collectibles and allows artists to tokenize their artwork. With a market capitalization of approximately $86 million, it holds a respected position in the NFT space. Unlike OpenSea, SuperRare charges creators a 10% first sale fee and a 10% secondary sale fee as royalties.
Related: Creating an NFT marketplace similar to SuperRare
base
Next on the list of OpenSea alternatives is the Foundation Marketplace. Unlike OpenSea, the Foundation NFT venue focuses only on established and curated artists and artwork. The platform only features works from designated artists. (i.e. you must invite artists to list their work). This marketplace offers users two broad options. Users can either auction their NFTs or use the fixed price option, where the artist is happy and sells for a fixed price. Foundations allow beneficial options for both primary and secondary sellers. The original author receives 95% of the profits from the work as compensation, and 5% is paid to the foundation as a marketplace fee. Additionally, if some resellers sell, the primary seller will receive up to 10%, making it a good alternative option.
Solsi
Solsea is best known for its ability to allow creators to select and insert their own licenses. Unlike other NFT marketplaces, Solsea allows creators to upload and mint NFTs. Solsea is an evolving platform with 80,000 monthly users and a market capitalization of $45 million. Built on the Solana blockchain, this NFT marketplace supports three major wallets: Sollet, Solflare, and Phantom.
Kraken
Kraken recently launched an NFT venue where users can access around 250 NFTs. Surprisingly, Kraken shattered the stereotype that only rich people can afford NFTs by listing nearly 1,000 NFTs for less than $100. There are no gas fees here, making it a strong OpenSea alternative. Users don’t have to worry about payment methods. Merchants can choose from over 200 cryptocurrencies available, whichever cryptocurrency or cash method is convenient for them.
awesome gateway
Nifty Gateway is well-known for having celebrity-like NFT status. This means that these NFT marketplaces mostly have artwork from well-curated artists. This increases the demand for their work, making the platform a valuable one. Nifty Gateway is an Ethereum-based platform that offers excellent security features for trading digital art or songs. These are NFTs listed on Nifty Gateway, known as Niffities. Nifty Gateway is one of the best alternatives to OpenSea as it does not charge any gas fees.
Listed above are platforms you can look at while considering the best alternatives to OpenSea. Although all platforms offer similar features and benefits to OpenSea, each platform has some unique features.
What are the best OpenSea alternatives considered?
Blur, Larible, Solsi.
Among the best OpenSea alternatives, these three stand out. All the platforms discussed above have their own unique features and advantages. However, choosing an alternative to OpenSea depends on your requirements. Some may need a platform like Rarible, which provides an e-commerce-like platform to seamlessly buy or sell NFTs.
Other platforms like Blur or Mintable don’t charge for gas. Blur also acts as an aggregator where users can compare and trade NFTs. Platforms like Solsea are built on the Solana blockchain. Solsea is very popular for its ability for creators to create and embed licenses. Solsea is best known for being an affordable, accessible, and user-friendly platform for beginners.
The list of best alternatives to OpenSea written above may have opened the window for you to look for other options for NFTs. This blog has covered the possibilities and features of NFT marketplaces if you are looking for an OpenSea alternative. No matter how special these platforms may be, choosing one that suits your needs sounds like a good plan.
After looking at these endless possibilities for technological advancement in the NFT world, there may be many young entrepreneurs interested in developing a similar NFT marketplace. don’t worry. There are many NFT marketplace development companies that can guide you further on this journey. People say Coinsclone is one of the best that offers free demo service and proper guidance for those who are lost. Creating an entire NFT marketplace tailored to your needs might sound important. But don’t worry. In the next session, we will discuss the best way to create your own NFT marketplace like OpenSea.
The best way to create an NFT marketplace similar to OpenSea
The best way to create an NFT marketplace like OpenSea is to use white label software or cloning scripts. Replication scripts are designed, tested, and ready for deployment. White Label is a pre-built, bug-free option, but you can choose to customize it to suit your needs. Using these two methods, you can build your own NFT marketplace in a matter of weeks and with minimal cost. Despite the variety of methods available in the cryptocurrency market, these two methods will always be in demand.
However, choosing a method that suits your needs sounds like a good plan. To access these methods, you can approach an expert. NFT Marketplace Development Company. Their expertise and seamless experience in the market ensures that this can be done quickly.
Create an OpenSea-like NFT Marketplace with Coinsclone
It has been standing tall in this cryptocurrency world for almost a decade. Coin Clone is one of the leading NFT Marketplace Development Company In crypto-related products. The staff at Coinsclone are experts who will be happy to help you start your journey in the world of cryptocurrency. Using our ready-made cloning scripts or white label software, entrepreneurs can be assured of high-quality service at an affordable price. We build custom solutions that can be tailored specifically to your business requirements. Now all you have to do is make an appointment with us while you wait for your coffee. Our experts will contact you shortly.