Buyers Guide To Digital Art NFTs On Solana 2022
In this video we will talk about buying NFT digital art, on Solana and all the tools you need to buy your first NFT on the Solana blockchain ecosystem. The NFT digital art blockchain ecosystems, on Solana, is one of the main contenders to Ethereum’s blockchain dominance, it maintains this position and keeps attracting lots of digital artists, builders and buyers with near zero fee’s.
Solana Blockchain acts as an alternative to Ethereum’s gas wars, the ecosystem keeps evolving rapidly along with the number of new decentralized finance projects launching on Solana even seems to surpass that of Ethereum. Furthermore, the quality of defi blockchain projects keeps rising. The Solana NFT digital Art Marketplace has plenty of interesting and innovative projects and original art. I highly recommend exploring the Solana NFT ecosystem.
Even if you don’t jump in and invest all your hard-earned SOL right away, just start by getting to know the tools you’ll need when you find the right project for you. The SOL currency NFT purchases in the Solana ecosystem are made with the native currency SOL. You can easily acquire SOL on most exchanges, including Coinbase, Binance and CEX.io. These exchanges, even let you convert your Fiat such as a US dollars or Euro directly into SOL.
One SOL, currently costs approximately two hundred dollars. After a tremendous 2021 arguably fueled by the progress in the OpenSea digital art NFT marketplace. This values Solana at around 61 billion dollars; making it the sixth most valuable crypto asset after Bitcoin. Ethereum, Binance coin, Cardano and Tether. You could visit coin market cap for a full overview of where to buy SOL the best crypto wallets. When it comes to crypto wallets, not much has changed. Avalanche is still the go-to in the space holding a similar position and status as Metamask . The phantom wallet is super easy, to set up and fund. With your newly acquired SOL the browser plugin makes NFT purchases really convenient as well. It even has a tab that displays your NFTs, so you can easily confirm that you got what you paid, for after minting a new project. You want a wallet, that’s supported by, all the big solana marketplaces.
Digital Art NFT Marketplaces
These crypto wallets are your viable alternatives at the moment; go-to marketplaces the solana ecosystem is far more fragmented than ethereum’s when it comes to secondary marketplaces and doesn’t yet have an undisputed leader like Opensea.io One of the reasons for the fragmentation is that all the main marketplaces are curated and some with stricter curation than others. This certainly means fewer NFT Digital Art scams than on more open marketplaces. I still recommend you look for collections to be verified before making a purchase; or follow the collection’s own direct links from their discord or twitter profile. Salonart is the largest and most trusted marketplace, but also the one with the strictest curation. Some NFT Digital Art projects take days or weeks to get listed, some still haven’t gotten listed after weeks. After launching; Magic Eden has quickly emerged as one of the primary contenders to Salon art’s position. That’s much easier for new NFT digital art projects to get into. The third in line seems to be digitalize another common go-to for new projects. Seeking secondary marketplace as soon as possible after launch. I also see the new nft marketplac on NTX starting to gain some momentum because of the curation. You will sometimes experience minting an NFT and not being able to sell it on the secondary market immediately afterward new projects will announce on discord if they’ve been pre-approved for listing on any of the above Marketplaces before mint. They then send out updates as their other applications get approved down the line. Other upcoming marketplaces with the potential to rival the above projects include soul, shop, alpha art, market and sulci. I don’t have a lot of experience with. These marketplaces, myself and rarely see them mentioned by teams or other collectors on discord go to marketplace, is summed up.
Solanart is the most reputable marketplace, but also, the one with the strictest curation. Magic eden is a strong runner-up behind Salonart. Artdigitalize is another go-to marketplace for many new nft projects, Ftx soul, shop, elf, art market and sulci are all fighting for market share are valuable tools.
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