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
JPG Store is not shy about acknowledging 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:
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
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.
Featured image via Unsplash
To make sure you receive a FREE weekly newsletter that features highlights from our most popular stories, click here.
The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.