5 Best Cardano NFT Marketplaces in 2023 - CoinWire

Explore a list of the best Cardano NFT marketplace to find the perfect place to buy or sell your next NFT.

Whether you are an artist seeking to mint your creations or a collector searching for exceptional NFTs, the Cardano ecosystem has several NFT trading platforms to explore. But which one should you consider as the best Cardano NFT marketplace? This article summarizes the top Cardano NFT trading platforms.

Overview

As the Cardano NFT (CNFT) marketplace list grows, an exciting opportunity emerges for artists, collectors, and enthusiasts to explore and discover unique digital assets. However, finding the best Cardano NFT marketplaces out of the many budding platforms can be challenging when you don’t know what to look for. So, here’s a summary of each leading CNFT marketplace and its key features.

Marketplace	Number of NFTs	Platform Fees	Staking	Mobile App
NMKR Minting	1.6 million	3% minting fee 0.2 to 0.7 ADA network fee	Yes	No
CardaHub	1.2 million	1.5% minting fee 0.15 ADA network fee	Yes	No
JPG Store	300000	2% minting fee Varying network fee	No	Android and iOS
Flipr	10000	1.5% minting fee 0.15 ADA network fee	No	Android and iOS
Tokhun	10000	1.5% minting fee 0.15 ADA network fee	No	No

5 Best Cardano NFT Marketplaces

NMKR Minting

NMKR Minting is the largest Cardano NFT marketplace. This platform has the widest collection of ADA-based NFTs. It lists at least 1.6 million tokens. Besides that, it has many amazing features to explore.

Airdropping: On NMKR Minting, you can easily airdrop NFTs to specific wallet addresses. This makes it easy to gift friends or dedicated buyers some of your own NFTs or even for launching retroactive airdrops.
Automated Minting: Besides being one of the top Cardano NFT marketplaces, NMKR Minting is a minting platform. Users can generate new NFTs and automate the process using the platform’s API.
Auctions: Creators on this NFT market can set timed auctions with set prices or use the bidding system.
NMKR Pay: The marketplace also offers a payment system called NMKR Pay. This helps creators to easily receive payment for their work.

Fees

Transaction cost on NMKR Minting depends on the number and size of the NFT you are minting. There’s a standard minting service fee of 3% or a minimum of 2 ADA per token. The fee is deducted during the sale. Additionally, a Cardano network gas fee of about 0.2 – 0.7 ADA applies per transaction.

Top Ranking NFTs

Although NMKR Minting has a long list of supported NFTs, some show more promise than others. Here’s a summary of the top-ranking Cardano NFTs on the site.

Cardano Anatomical: It’s a collection of 10,000 unique 3D anatomically correct NFTs. Their floor price is about 600 ADA.
Chibi Alienz: The collection features 10,000 unique chibi-style alien NFTs at 500 ADA.
ADA Ninja Squad: These are 10,000 unique ninja-themed NFTs at 400 ADA.
Cardano Confetti: For this unique 10,000 confetti-themed NFTs, users part with 300 ADA.
ADA Apes: This collection features 10,000 unique Cardano-based apes at 200 ADA.

Pros

It is the largest Cardano NFT marketplace
NMKR Minting offers discounts to specific NFT holders or users who meet certain criteria.
This popular NFT marketplace has a simple and easy-to-use interface.
It uses 2-FA authentication to boost security.
It is relatively affordable to mint NFTs on this CNFT marketplace.

Cons

The platform is still under development, so there may be some bugs or glitches.
NMKR minting’s publicity is lower than other marketplaces in the same niche.

CardaHub

CardaHub is a relatively new Cardano-based NFT marketplace, but it has already gained a lot of popularity in the Cardano community. With about 1.2 million NFTs to trade, it is a great NFT ecosystem for buyers and sellers. CardaHub also has several features that make it easy to use and navigate. Here are some of the features of CardaHub:

Free NFT minting: CardaHub offers a free NFT minting service. This means you can create without worrying about the cost of making an NFT.
Advanced launchpad program: CardaHub’s launchpad program allows projects to launch their CNFTs on the CardaHub platform. This program provides upcoming NFT Cardano projects with several benefits, including marketing support, technical assistance, and access to a large pool of potential buyers.

Fees

The marketplace fee on CardaHub is 1.5% of the sale price. A 0.15 ADA gas fee also applies but can fluctuate based on blockchain traffic.

Top Ranking NFTs

Let’s look at the top-ranking NFTs on CardaHub

SpaceBudz: SpaceBudz is a collection of 10,000 unique astronaut NFTs. They were launched in March 2021 and are among the most popular NFT projects on the Cardano blockchain. The floor price for a SpaceBudz NFT is currently 300 ADA.
ADA Punks: ADA Punks, which draw inspiration from CryptoPunks NFTs, cost about 250 ADA.
Cardano Collectors: This is a collection of 10,000 NFTs inspired by the popular NBA Top Shot NFTs, but they feature Cardano-related moments. Cardano Collectors cost about 200 ADA.
ADA Apes: ADA Apes is a collection of 10,000 tokens inspired by the Bored Ape Yacht Club NFTs. The floor price on ADA Apes is about 150 ADA.
ADA Llamas: ADA Llamas is a collection of 10,000 unique Cardano NFTs inspired by the famous Llama NFTs. They have a floor price of about 100 ADA.

Pros

CardaHub offers free NFT minting services.
It supports an advanced launchpad program.
The platform has an impressively user-friendly interface.

Cons

CardaHub is still new, so users experience some technical challenges.

JPG Store

Another top-ranking Cardano marketplace is JPG Store. This NFT trading platform is home to at least 300,000 NFTs and is one of the most popular NFT marketplaces for artists and photographers, competing with popular NFT marketplaces for photography like Opensea. The digital assets listed on the JPG Store range from art NFTs, metaverse assets, gaming NFTs, collectibles, and utility NFTs. Besides that, the store has a range of impressive features.

Artist royalty program: When you create NFTs on JPG Store, the platform offers you a percentage of the sale price every time the token is resold.
NFT launchpad: This allows NFT creators to get increased visibility and also get access to potential investors. It also helps potential investors to find good and new NFT projects early.

Fees

JPG Store Cardano transaction fees are 2% of every transaction. This fee supports the marketplace’s development and maintenance. Additionally, users may get a creator’s fee if the NFTs creator added one to the asset. A network fee always applies but varies based on network traffic.

Top Ranking NFTs

Below is a list of the most popular NFTs on JPG Store.

SpaceBudz – An NFT collection of 10,000 unique astronaut animals.
Clay Nation – A Cardano NFT collection of 10,000 3D clay art characters.
Pavia – A virtual world project with 100,000 land plots.
Wise Guys – A collection of 10,000 wise-looking characters.
ADAB Solutions – A collection of 10,000 unique ADAB characters.

Pros

The platform is remarkably user-friendly.
It has a wide variety of NFTs to choose from
JPG Store actively supports NFT artists and creators.

Cons

It is still under development, so there are a few bugs.

Flipr

Flipr marketplace is a great choice for anyone buying or fliping high-quality NFTs on the Cardano blockchain. This platform is a next-generation NFT hub. Users can interact with new communities, trade at least 10,000 NFTs, and earn FLIP tokens for their effort. Here are some of the site’s best features.

Multi-marketplace technology: Flipr is a multi-marketplace platform, meaning you can browse and buy NFTs from various marketplaces in one place. This makes it easy to find the NFTs you’re looking for and compare prices from different sellers.
Earn FLIP token: By using Flipr, you can earn a FLIP token, which is the native cryptocurrency of the platform. You can earn $FLIP tokens by trading NFTs, participating in community activities, and staking your $FLIP tokens.

Fees

CNFT marketplace trades on Flipr cost 1.5% charged on the sale price, and the seller pays it. In addition, there’s a 0.15 ADA network fee which can vary based on network congestion.

Top Ranking NFTs

Here are the top-ranking NFTs on Flipr.

Chibi Punks: Chibi Punks rank number 1 on Flipr, with an estimated floor price of 300 ADA.
ADAPunks: ADAPunks cost 250 ADA
Cardano Collectors: The floor price on Cardano Collectors is 200 ADA.
ADA Apes: CardaHub ADA Apes cost about 150 ADA.
ADA Llamas: ADA Llamas on CardaHub have a floor price of about 100 ADA.

Pros

It has a vibrant community.
Flipr offers a valuable deflationary token to users.
Trading is extremely simplified because of the multi-marketplace technology.
The platform offers lower fees

Cons

The platform has a few technical issues.
Not as many NFTs available as on other platforms

Tokhun

Tokhun is a Cardano NFT marketplace launched after Mary Hardfork in March 2021. The site was initially created for NFT minting but rapidly transformed into a smart-contract-driven NFT marketplace with over 10,000 listed NFTs. Here are some of the features of Tokhun:

Staking: Tokhun provides one of the best Cardano staking pools, where people can lock up their ADA coins and receive rewards in TOKHUNZ, the platform’s native currency.
Creators royalty program: Tokhun NFT creators receive a percentage of the sale price every time the token is resold.
Tokhun’s virtual gallery: The platform hosts a virtual gallery that allows verified artists globally to display their best artwork. The gallery is interactive; users can invite guests and run a virtual auction.

Fees

The marketplace fee on Tokhun is 1.5% of the sale price, paid by the seller. A 0.15 ADA network fee also applies but can fluctuate based on blockchain traffic.

Top Ranking NFTs

Here are some of the leading NFTs on Tokhun.

Chibi Punks: The floor price of these NFTs is 300 ADA.
ADAPunks: ADAPunks cost 250 ADA
Cardano Collectors: The floor price on Cardano Collectors is 200 ADA
ADA Apes: CardaHub ADA Apes cost about 150 ADA.
ADA Llamas: ADA Llamas on CardaHub have a floor price of about 100 ADA.

Pros

It is a smart contract-driven marketplace. This ensures transactions are secure and transparent.
Tokhun has a highly customizable NFT minting process.
The platform is easy to use

Cons

Tokhun is still under development, so it is not entirely bug-free.
The platform has fewer NFTs compared to other marketplaces.

Final Thoughts

Cardano is an amazing blockchain with many Cardano marketplaces to buy and sell NFTs. The best NFT marketplaces on Cardano include NMKR Minting, CardaHub, JPG Store, Flipr, and Tokhun. These platforms have at least 10,000 NFT collections and multiple amazing features to explore. However, always do your own research to understand each platform’s offerings and vet them according to your situation.

FAQ

What is the NFT platform on Cardano?

An NFT platform is an online marketplace where users can post, buy and sell digital, unique blockchain assets called NFTs. and post them for sale. Cardano NFT platforms are marketplaces built on the proof of stake Cardano blockchain infrastructure.

How can I identify where to buy Cardano NFT?

There are many marketplaces where you can buy Cardano NFT. The best NFT marketplaces on Cardano include NMKR Minting, CardaHub, JPG Store, Flipr, and Tokhun.

What is the biggest Cardano marketplace?

The biggest Cardano marketplace is NMKR Minting. This site lists over 1.6 million NFTs. Following this platform closely behind is Carda Hub, with at least 1.2 million then JPG Store, which has about 300,000 assets.