7 Nft Marketplace Success Stories [2024]

Updated: November 19th, 2023
Start A Nft Marketplace

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, a former web developer, noticed the NFT craze in 2020 and saw an opportunity for Kusama to participate. Despite Kusama lacking smart contracts, Bruno devised a hack called RMRK to bring NFTs to the platform. With an investment of $350k, Bruno launched RMRK and its NFT system, which now generates $1 million in monthly volume and $30k in revenue per month.

How much they make: $360K/year
How much did it cost to start: $350K
Current team size: 18

article

How We Accidentally Built The Most Advanced NFT System In The World

RMRK developed the most advanced NFT system in the world, generating $1 million per month in volume and $30k per month in revenue, due to founder Bruno's hack to put NFTs onto a chain without smart contracts.

About
Bruno started RMRK almost 3 years ago
Revenue
Bruno grew the business to $30K/month
Costs
It cost Bruno $350000 to start the business
Read by 9,454 founders

So... can you actually make money with a NFT marketplace?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

4. 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

5. Rarible

Create and sell digital collectibles secured with blockchain

Website traffic: 5.21M/month

So... can you actually make money with a NFT marketplace?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

7. 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