I am probably the 19282314572th person asking this but please, so bear with me.

[pugman]

Alright, for those who have been in the NFT market, tell me how your experience has been with https://opensea.io/,, the good, the bad, the ugly.

The reviews on Trustpilot are funny, at best: https://www.trustpilot.com/review/opensea.io

I would like opinions on other Marketplaces too, like: https://mintable.app/, https://niftygateway.com/, Binance NFT(?), or any other relatively good ones.

[1714800007]

1714800007

[1714800007]

1714800007

[1714800007]

1714800007

[Csmiami]

----

I've created some very very few NFTs on opensea.

For someone with 0 idea on how the whole thing works, it's dead ass easy; you upload whatever you want to nft, select the price and a few other stuff and it's ready to be minted.
The problem I mostly faced? Fees. Yeah, they come together with the ETH network; but they give you the chance to create NFTs at 0 fees using the polygon network. And this is where I see a problem (as with altcoins). You are basically using a lot of different blockchains for different porpuses, segregating whatever crypto you may have and making it a pain in the ass to then unite it all in the same network and wallet.

That's however something personal I don't like and actually hate. I like having it simple with just my btc sending btc and having fees in btc.

I was using metamask during the whole process, everything was actually easy to connect and stuff (but, with what I've just said)

[coupable]

Lately i was interested with the wave of NFTs and i came across opensea. Honestly, it's a trusted marketplace that let you mint NFTs with different blockchains.
It's always recommended to use ethereum blockchain or BSC to mint NFTs, but it's much more cheaper with Polygon (amatic). The only issue here is that NFTs mint with Polygon can be offered for sale only in opensea and not available in other marketplaces, when other NFTs mint with other blockchains are almost available in all marketplaces.

[mk4]

While OpenSea definitely isn't perfect(there has been problems due to the spike in traffic afaik), you shouldn't have any problems with OpenSea if you already know how to use crypto in general, and if you at least have half a brain.

You're going to have a really really bad time right now due to gas fees tho.

[OmegaStarScream]

-snip-

You're going to have a really really bad time right now due to gas fees tho.

As mentioned above, using Polygon instead of ETH should do the trick for the fees.

@OP Although I have no experience with these platforms, it's worth mentioning that Coinbase will be releasing its own social NFT platform pretty soon. Many are speculating that it to compete with OpenSea. If you're interested, you could join the waitlist: https://www.coinbase.com/NFT/announce

[Heisenberg_Hunter]

I've been into ETH and SOL NFTs since early April and all I can say was that since ETH had insane gas fees, I moved away from it altogether in May to SOL and had never got back to any other blockchains since then. Though the market and hype for ETH NFTs were huge, new developers and innovations onboarded to cheaper blockchains like solana and one such example was Aurory and a few other projects which are actively developing.

Since the cost of uploading ~10k NFTs were as low as 2 SOL inc fees, innovators and artists were able to view solana as a direct competitor for ethereum in general. But probably the biggest disadvantage of solana is their highly centralized nature of control of servers, but it had it's run since the last year $2.


Opensea is relatively good, fast as lightning and has buttery smooth UI and I have personally bought 2-3 NFTs when I was into ETH in early April. I would obviously wait for coinbase NFT space to launch to see how this goes but till then I will stick onto solana. If you're looking to get into solana nft space, it's worth taking a look at digital eyes, magic eden or alpha art marketplaces. Alpha art is kind of a replica of opensea but they have great UI as well.

[hugeblack]

The only problem you may face if you are a famous artist, there may be price manipulation as I remember reading a similar story where members from inside the platform were involved in price manipulation but for beginners and in general for those who want to sell, the experience is easy and good.
So the bad will be about fees but you can use polygon and try to ads your NFT work

[mk4]

The only problem you may face if you are a famous artist, there may be price manipulation as I remember reading a similar story where members from inside the platform were involved in price manipulation but for beginners and in general for those who want to sell, the experience is easy and good.
So the bad will be about fees but you can use polygon and try to ads your NFT work

Pretty much just for new mint projects, and assuming that you're referring to the incident where one dude front-ran the mints, that employee has already been terminated so this probably wouldn't be a problem anymore. Thankfully blockchains are transparent so it's possible to bust these people that are cheating the system.

[buwaytress]

No experience but I've scouted around there and on others.

I actually have some NFTs all on -- never bought any, all dropped to me or claimed a couple of years ago from when people were giving out stuff. They're relatively small projects so OpenSea is where you'd find some of them but the 2 main ones I have, have their own marketplaces (internal) and I will say from what I've seen, people aren't looking any longer to list non-premium on OpenSea due to high fees (very, very high, often more than the NFT value itself).

I have sold one NFT on Treasureland, put up what I thought was a ridiculous price in BNB back in May and someone actually bought last month. So I have tasted this "money for nothing" NFT thing already.

Pancakeswap (BSC chain) looks like their NFT marketplace is launching real soon and people will flock there, for the cheap fees if nothing else. a few cents to trade and mints as opposed to hundreds of dollars on Ethereum. No brainer I guess if people look past blockchain security.

Think there is a way to port over cheaply using Polygon (L2) on OpenSea to avoid fees but haven't had the need/desire to check.