Key points covered in this episode:

OpenSea: Launched in 2017, the same time as the crypto cats and CryptoKitties. Notice the timing, and it is now a $1.2 billion market cap company. You can create a marketplace or a store inside. But what I love about OpenSea is not only that they’ve been there first, but they have the most integrations. So when you buy things on other platforms, many of them are integrated with OpenSea, and you will see your NFT all in one place. The other thing that’s brilliant about them is they allow for smart contracts put in place. One of the things that is special about OpenSea is you can create your store. It’s almost like Shopify for products, but this is your store for your NFT.

Rarible: Launched in 2020, and it’s already worth more than $300 million in its market cap. What’s brilliant about Rarible? It’s a community-based creator economy. They create the discussions, support each other, and they elevate together. It is a creator-focused community; before your NFT is launched, it requires a committee review. This is one of the platforms that you will be paying five percent to publish upfront. And then, when it is sold, the collector will be paying five percent as well.

Mintable: Started in 2018 in Singapore with currently a $41 million market cap. It is for digital items for crypto. With this, you can create an NFT, but you’ll need a listing title, a listing, subtitle, and description of all your items. What’s beautiful about Mintable is that they allow you to choose things from images, videos, and audio files. You can add GIFs, collectibles, documents, and more. It’s very nice for the collector to be able to share that and have that. Now, the fees for this will be based on gas prices, and the sale is when the collector pays the costs.

Wax: Another ecosystem that we use is called WAX which is entirely different from the other ones. It is the first place that we minted our NFT. Watch out for more details in our future episodes!