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$ADA: A Closer Look at ‘The Biggest NFT Marketplace on Cardano’

source-logo  cryptoglobe.com 04 September 2022 20:39, UTC

This article takes provides an overview of a DApp that pseudomous Cardano influencer “ADA whale” says is “by far the biggest NFT marketplace on Cardano.”

Hello @Twitter @verified, it would be great if we could get @jpgstoreNFT verified. They are by far the biggest NFT marketplace on Cardano and all their main peers such as @opensea @SolSeaNFT @MagicEden etc have the blue tick https://t.co/ru8LI6odqs

— ADA whale (@cardano_whale) September 4, 2022

JPG Store is not shy about acknoledging its status as the #1 NFT marketplace for Cardano. Here is what their website says:

We are the largest Cardano NFT marketplace. Find and discover upcoming NFT drops, and buy & sell your favorite NFTs and collectibles with just a few clicks. No escrow, no delays, just connect your wallet and buy with our smart contracts…

For creators, JPG store has a Launchpad to support artists in the Cardano community as well as a minting feature that enables artists to turn their artwork into an NFT!

As of 5:50 p.m. UTC on September 4, there are currently 297,041 assets on JPG Store.

Although IOG is working on a Cardano DApp store, currently we have “Dapps On Cardano” to help us discover Cardano DApps until IOG releases its product:

https://t.co/MIBjSZZkYB
We bring you insights into decentralized applications(dApps) on #Cardano blockhain. Website is in first version, currently new features being developed.

Developed by @AdriaStakePool & @matiwinnetou pic.twitter.com/PosL7DOH3e

— Dapps On Cardano (@dappsoncardano) August 26, 2022

At the time of writing, here are the top 5 Cardano DApps (by total number of transactions), and as you can see, JPG Store is #1 with around 5.6 million transactions, which is nearly 12X the number of transactions of the next most popular Cardano NFT marketplace.

Source: “Dapps on Cardano“

Image Credit

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