6 Nft Marketplace Success Stories [2023]
An NFT marketplace is an online site for crypto-collectibles and non-fungible tokens where traders can buy-sell and discover exclusive digital items.
Launching an NFT marketplace requires setting up a blockchain network, integrating a chosen digital wallet, and creating smart contracts. Finally, you need to build a customer-facing web application.
Experts estimate that NFT marketplaces will continue experiencing a YoY growth of 30.72%.
Therefore, NFTs are becoming some of the most profitable blockchain-based experiments.
Here are some real life success stories of starting a NFT marketplace:
1. RMRK ($360K/year)
Bruno Škvorc (from Zug, Switzerland) started *RMRK * almost 2 years ago.
I’m Bruno, and I used to be a web developer in a past life. In 2015 I join the blockchain movement as Ethereum entered the scene and have been building Web3 products and teaching people about Web3 ever since - from having worked on Ethereum 2.0 for a while to being engaged with Web3 Foundation presently, and developing an NFT standard on top of Polkadot and Kusama.
Last year I formed RMRK, a standard to build NFTs on Polkadot and Kusama and my team developed singular.rmrk.app as the minting and trading UI for the ecosystem. Throughout our development journey, we accidentally built the most advanced NFT system in the world. Right now, the volumes are around $1 million per month, which is a lot given that the Singular UI project itself is only a month old :) Our revenue is $30k per month right now, projected to be around $500k annually by the end of 2021.
2. OpenSea
A peer-to-peer marketplace for rare digital items and crypto collectibles. Buy, sell, auction, and discover CryptoKitties, Decentraland, Gods Unchained cards, blockchain game items, and more. Over 100,000 collectibles on sale now!
- Website traffic: 11.6M/month
- Business rank: #3.3K
Check out their full website ➜
Learn more about starting a NFT marketplace:
Where to start?
-> How much does it cost to start a NFT marketplace?
-> Pros and cons of a NFT marketplace
Need inspiration?
-> Examples of established NFT marketplace
-> Nft marketplace Instagram bios
Other resources
4. Rarible
Create and sell digital collectibles secured with blockchain
- Website traffic: 5.21M/month
- Business rank: #4.49K
Check out their full website ➜
5. SuperRare
SuperRare is the digital art market on Ethereum. Each artwork is authentically created by an artist in the network, and tokenized as a collectible digital item that you can own, display and trade.
- Website traffic: 1.38M/month
- Business rank: #8.53K
Check out their full website ➜
Hey! 👋 I'm Pat Walls, the founder of Starter Story.
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