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RE: Synchronization (NFT #1/1)

in OnChainArt4 years ago

Thanks Rick!
It would be greet to have a functioning NFT platform running on Hive, but unfortunately this is very unlikely to happen. If you wan to look into it you need to use one of the NFT platforms like SuperRare, MakersPlace, KnownOrigin, Rarible, OpenSea, Foundation,... there are many. The problem is that after the whole NFT thing went mainstream everyone wants to get there. Now they either are overwhelmed with applications or they run on invitation only. As fas as I know it's still possible to join OpenSea and Rarible.
The other problem is in the exorbitant transaction fees of the Ethereum blockchain. Minting an NFT cost today around 100 USD. If you set it as an open auction then accepting a bid will cost you another 70-100 USD. So you need to sell your NFT for more than what you spend of fees. If you have a name and followers you might get there, if not it will be very difficult to be noticed in the crowd.

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Yeah, the fees are insane. That is part of reason that I wanted to try a different blockchain, but all the non-eth platforms come off as unprofessional to me.

Yesterday I tried to join MakersPlace and like you say, it looks to be invite only. I noticed @reinhard-schmid is on there! Cool. One of my buddies, Steve Varner, has some serious industry cred but is not a household name. We shall see if I can get him hooked up.

I get it though, and don't blame them for being picky. The problem is, if you don't vet people, you end up with a big mess of crap to wade through. I am noticing this on Opensea already, which as you say is still open to the general public.

update: oops, it wasn't Makersplace that I tried to sign up for, now that I am looking. It one of the others that just took my email and said they'd be in touch. Apparently I already have a Makersplace account... Don't even remember making it.

 4 years ago  

MakersPlace is a great platform. I didn't make my best sales there but others migh have.