Learn About NFT Art

Frequently Asked Questions

A non-fungible token is a piece of digital media that can be owned, sold and traded. But that’s just scratching the surface – NFTs will be the atomic unit of ownership across metaverses.
A genesis NFT is the very first NFT that an artist ever mints. Not only is this a 1st edition, it is 1/1 and there are 0 artist proofs.
The Metaverse is a collective virtual shared space, created by the convergence of virtually enhanced physical reality and physically persistent virtual space, including the sum of all virtual worlds, augmented reality, and the Internet.
Smart contracts are a critical component of many platforms and applications being built using blockchain or distributed ledger technology.
Etherscan is the leading BlockChain Explorer, Search, API and Analytics Platform for Ethereum, a decentralized smart contracts platform. Built and launched in 2015 it is one of the earliest and longest running independent project built around Ethereum and its community with the mission of providing equitable access to blockchain data.
Gas refers to the fee required to successfully conduct a transaction on Ethereum. This fee goes directly to Ethereum miners who provide the computer power that’s necessary to verify transactions and keep the network running.

Related Tools
ETH Gas Station (Consumer oriented metrics for the Ethereum gas market)
Etherscan Gas Tracker (Transaction gas price estimator)
Bloxy Gas Analytics (Ethereum network gas stats)
Blocknative’s Gas Platform (Gas estimation API powered by Blocknative’s global mempool data platform)
The growth of the Foundation community is now in the hands of creators. Once you’ve sold an NFT, you’ll be able to invite 2 new artists to the site.

NFT Marketplaces

In this section we will list each of the NFT marketplaces out there and break down the differences between them:

Foundation

Foundation is a platform for artists and collectors to sell, purchase, list for auction, make offers, and bid on digital art represented on a non-fungible Ethereum-based tokens.

  • Currently offers only 1/1 NFTs
  • Auction format
  • Invite only

Nifty Gateway

Nifty Gateway collaborates with artists and brands to create collections of limited edition, high quality NFTs they call Nifties. Each collection is opened at a specific time (aka a drop), and is only be available for a limited time.

  • Currently offers 1/1s, Timed and Open Editions
  • Creators can set perpetual royalty % for re-sales
  • Invite only

Rarible

Rarible is a NFT platform for securing digital collectibles secured with blockchain technology.  Rarible is creating an entirely autonomous platform, run through a community based model.

  • Currently offers 1/1s and Editions
  • Auctions and set prices for editions
  • User driven & Community based

Makersplace

Create, sell and collect truly rare digital artworks.
Powered by blockchain technology.

  • Auction based NFT marketplace
  • 10% perpetual royalties to creators for re-sales
  • User driven & Community based

SuperRare

SuperRare is a marketplace to collect and trade unique, single-edition digital artworks. Each artwork is authentically created by an artist in the network, and tokenized as a crypto-collectible digital item that you can own and trade.

  • Excellent art selection, invite only
  • 10% perpetual royalties to creators for re-sales
  • Great editorial content about the industry