NFT.MUSIC.ART

● to sell NFT:

Marketplaces allow sellers to place their NFTs for buying by others. Usually, sellers pay a fee to the platform after a successful transaction, however, many other platforms offer royalties for futher sales on secondary markets.

Types of NFT marketplaces

NFT marketplaces for Arts

There are some markets that specialize exclusively at NFT Art. OpenSea and Rarible have the leading positions in this race, and these marketplaces allow creators to place digital art NFTs and sell them to collectors.

Ethereum NFT marketplaces

These marketplaces are built on Ethereum blockchain and offer digital assets listed in ETH. Nowadays, OpenSea is the largest Ethereum marketplace, with a value worth of around $13.3 billion.

Solana NFT marketplaces

Solana NFT art markets are hosted on the Solana blockchain, offering a faster alternative to Ethereum. Besides, Solana is highly scalable. This makes it possible to reduce network fees. Nowadays, Solana itself is not so popular, but at the same time, Solanart and Solsea are the two largest.

Algorand NFT marketplaces

Algorand is another blockchains network that started developing in NFT not long time ago, and several Algorand NFT marketplaces have emerged. Professionals consider Algorand as a way more ecological and scalable than the current Ethereum framework. Since it represents a blockchain with a clean proof of the fraction – PPoS.

Tezos NFT marketplaces

Tezos is a blockchain with an open source that works with its own XTZ token. Tezos NFT markets became more popular during the last year, and large marketplaces such as Rarible now offer Tezos-based NFTs.

BNB NFT marketplaces

BNB NFT marketplaces use the popularity of Binance Coin, the native token of the Binance cryptocurrency exchange. The most popular marketplace will be definately Binance NFT Marketplace itself, which allows users to buy NFT listed in BNB.

Where and how to buy a cryptocurrency?

Today there are several ways to do it:

Method 1: Buying and selling crypto with a bank card through a cryptocurrency exchange

Due to sanctions in Russia it is impossible to replenish the Visa and MasterCard account directly from a bank card. All transactions within the market are available to Russians, but you cannot deposit or withdraw your money. In orded to do this, you have to use p2p or any other exchange offices.

Method 2: Buying and selling crytocurrency with a bank card through online exchange office

There are a lot of offers on the market with a different range of reputation. The best way is to reach out to aggregators for help.

Method 3: Buying and selling crypto with a banking card through Peer-to-Peer platforms.

Here you can find the best offers, however, the risks are high as well. You have to choose more experienced market participants with long-standing reputation on the market, thus, you will reduce risks.

Method 4: Buying and selling crypto with a bank card through EPS (Electronic Payment Systems)

Some of the EPS allows the exchange of fiduciary funds inside the wallet for cryptocurrencies and vice versa, and also have input / output functions from a bank card. The list of some systems with support for cryptocurrencies: PayPal, WebMoney, Advanced Cash, Payeer, Perfect Money.

PayPal allows to work with crypto only to USA residents.

Method 5: Buying and selling crypto for cash through a courier

This method is popular for buying and selling crypto for large amounts. Most often, this method is used when you need to exchange amounts of at least 1 million.

Method 6: Buying and selling crypto for cash in office

Many large cities already have physical cash desks which you can visit by your own and exchange your money to crypto, and back.

Method 7: Buying and selling crypto for cash via ATM.

There are two options – Cryptomats and regular ATMs. In the first scenario you have to find valid ATMs with support for cryptocurrencies.

Gas fees on a marketplace

Gas fees are charged when the following actions take place on the blockchain network: buying, selling, in other words, transfer of ownership of the NFT to another person. This whole process requires a lot of energy, thus market participants have to pay compensation for gas.

Gas fees are not fixed, and it can vary greatly. Tariffs fluctuate

1) depending on the level of network congestion. When network is used by many people, the costs will rise.

2) depending on the speed of the transaction. Some platforms allow you to choose your mining speed, so you would pay less commission.

There are two main types of fees:

One-time payments for gas

Some marketplaces will require users to pay a one-time payment for initialisation of crypto wallets. This will be mandatory for those users who have not previously sold NFTs on the market.

Regular gas payments

Regular gas payments are used for general network task. Those are: accepting an NFT offer you listed, transferring ownership of an NFT to someone else, buying NFT, canceling a bid you placed at an NFT auction, and more.

Those markets are the best for artists at the moment:

Opensea

Rarible

Foundation

Binance

SuperRare

Sotheby's

Open markets