The Best NFT Photography Marketplace
NFT is one of the hottest topics. Unique digital visual objects become a real investment. In the digital world, they aren’t any worse than the “traditional” arts. It became possible thanks to blockchain technology that could turn the digital arts and collectibles into unique items – NFT Marketplace objects.
Uniqueness is what attracts collectors. NFT marketplaces emerge continually. The situation was described brilliantly in “ NFT marketplace development “– this blog post explains the concept clearly for beginners. Besides, it offers an ultimate guide to NFT marketplace development if you are in this area. You can read more about it by following this link.
At the moment, the NFT hype is about digital arts. But what about photography? Photography might seem far behind the artwork, but this status is changing every moment. The works of notable photographers attract a lot of attention.
There are NFT marketplaces dedicated to photos. As photos can be NFT, they can be collected and traded. The NFT photography market has grown 20 times within just one year. It is a big opportunity for all talented photo artists to create something outstanding and unique and make some money. Commercial success depends on many factors including the right marketplace.
How to sell photos as NFT
Let’s start with a simple question that Jatapp specialists can help us answer.. Which photos are suitable for NFT? Any photos! Of course, professional artists with their unique styles and attitudes have the advantage. If photography is just a hobby for you, you may need to invest more time and energy into self-improvement and self-promotion.
To start trading your photos as NFT, you need a digital crypto wallet because NFT can be sold and purchased for cryptocurrencies only. Most NFT marketplaces support all popular wallets and cryptocurrencies. Still, you should check if your possession suits the particular NFT platform.
An NFT marketplace is a platform where you can list NFTs for trading. They also provide tools for creating NFTs, thus attracting enthusiasts who want to create, sell, and purchase these objects.
Some marketplaces are all-embracing, such as OpenSea, the biggest and the most popular platform where you can trade all kinds of NFT collectibles, art, and photos. Other marketplaces are more specific. For example, they trade some particular types of collections, avatars, etc. The right choice of the NFT marketplace can be the deciding factor, as it has to match your area.
OpenSea, with all its popularity, is not a photography-oriented NFT marketplace. There are collections of NFT photos, but it is mostly for artists. Other established platforms are SuperRare and Foundation. These resources – are attractive, but artists can get there with an invitation only. Everyone may apply, but it takes time, and acceptance is not guaranteed.
However, there are NFT marketplaces that match the photographers’ needs best of all.
5 most welcoming NFT photo marketplaces
Here, we have selected the most notable NFT marketplaces that welcome photographers. If you are a photo artist looking for the right marketplace, pay attention to these options.
Nifty Gateway
Nifty Gateway is one of the most popular marketplaces for NFT photos, founded in 2018. One of the most notable features of this marketplace is its own custodial system – it transfers NFTs from sellers to buyers without any additional fees. Besides, it helps users recover passwords.
Traders can make payments using both cryptocurrencies and debit/credit cards. Nifty Gateway supports Ethereum – one of the most widespread cryptocurrencies. Also, it supports non-custodial sales allowing the users to trade NFT items using external crypto wallets with lower fees.
Before listing an item (NFT photo), Nifty Gateway verifies its authenticity. The user’s charge is 2,5%, and the royalty fee on secondary sales is 10%.
As of now, this NFT marketplace lists more than 10,000 NFT items, including collectibles and photos.
Ephimera
Ephimera is an NFT marketplace for photographers and video artists.
It was founded in 2020 and built on the Ethereum blockchain. The MetaMask cryptocurrency wallet is the primary means of this NFT platform.
The available options include various listings, galleries for photos and arts, dedicated minting tools, a magazine, the drop calendar, and a leaderboard.
It does not allow for multiple editions of items – the users may trade unique items only. The fees are higher for users on Ephimera – it charges 10% for primary sales and 5% for the resale of an NFT item. 10% royalty comes to the original creator in the case of the secondary sale.
The disadvantage of the Ephimera platform is that it is not open to artists by default. They have to apply before they can join this marketplace and list their pieces.
UniqueOne Photo
UniqueOne Photo is another NFT marketplace for photographers, one of the newest platforms in this area. It is also built on the Ethereum blockchain network, and it supports all WalletConnect cryptocurrency wallets.
Its main advantage is flexibility and the wide range of options offered to the users. UniqueOne Photo has its own token for photographers. Then, it lets the artists set the selling options, royalties, licenses, and other conditions for their photos free of charge.
The fees are for buyers only – they are charged 2.5% for the purchase of an NFT item. Besides, this platform uses the most cutting-edge NFT marketplace development solutions, so it can suit the users much better than the giants like OpenSea.
Quantum Art
However, Quantum Art is an NFT platform that was designed for NFT photos. It was created in 2019 to provide the NFT photo industry with a cutting-edge platform adjusted to the photographers’ needs. Also, The supported blockchain network is Ethereum, and the wallets supported include MetaMask, WalletConnect, WalletLink, and Frame.
To list their photos on Quantum Art, artists have to submit them to this marketplace first. The Curatorial team selects three of those photos. The Collectors choose one of them. Finally, that “winning” photo gets to the Quantum Art listing. This way, the platform ensures the high quality and uniqueness of all items listed.
Currently, Quantum Art lists the works of 56 photo artists.
Photocentra
Photocentra is an NFT photo marketplace working under a different model. It offers the photographers 100% of sales on that platform and the native $PHOTO token. The buyer’s fee is 4.9%.
The platform features authors and provides leaderboards to help buyers select the best options.
Photocentra uses Immutable X technology that allows for data compressing. The minting process suggests lower gas fees and consuming less energy.
This is a new approach that uses the latest NFT marketplace development solutions. Though we have a few examples of such marketplaces so far, the model is definitely worth noticing. In the future, it may become mainstream.
There are other NFT marketplaces designed for photographers, and their number grows. The top-5 listed in this article are already established platforms with a decent reputation.
Conclusion
Despite being a very young area, the NFT market expands rapidly. It came as a fruit of the latest Internet culture trends, blockchain technologies, and the NFT marketplace development technologies, funding mechanisms, and psychology – no one would predict the enormous hype over some NFT items several years ago.
Currently, this market is dominated by digital arts, but NFT photography demonstrates exceptional potential too. Most likely, this area will welcome more original photo artists in the near future. If you are a photographer, the question of how NFT works might be very important for you right now.