Overview
Solsea is a digital NFT marketplace on Solana founded in 2017 by Anatoly Yakovenko and its the first NFT marketplace that enables creators to choose and embed licenses when they mint NFTs. Solsea, a Solana based platform, offers a secure, decentralized, and transparent system for collecting and managing non-fungible token (NFT) collections.
Blockchains
Categories
Supported Languages
Pros & Cons
- Low fees
- Embed licenses in NFTs
- List NFTs sales as either private or public
- Easy to use
- Purchase NFTs with credit cards
- Hard to get you collection verified
- Only Solana NFTs
Full Review
Solsea is a digital NFT marketplace on Solana founded in 2017 by Anatoly Yakovenko and its the first NFT marketplace that enables creators to choose and embed licenses when they mint NFTs. Solsea, a Solana based platform, offers a secure, decentralized, and transparent system for collecting and managing non-fungible token (NFT) collections. It records all future drops, allowing users to monitor, customize, and optimize their chosen NFT drops. In addition, Solsea allows its members to list NFT privately and openly through the marketplace—facilitating peer-to-peer sales outside of the marketplace. It is a product of the All-Art Protocol.
SolSea Features:
- For the first time, creators can embed licenses directly in NFTs
The most important feature by far is adding licenses to the minted NFTs. Creators will be given an option to embed license agreement inside the NFT. The first set of licenses will be discussed in a separate article. There will be an option to include a custom license, as well. - Sales of ALL Solana NFTs compatible with SPL token standard
You will be able to list and buy every NFT minted on Solana that follows Metaplex metadata standard, e.g Exiled Apes. We are also open to include other standards that were minted before Metaplex was used, or had issues with minting. - Calendar for future PFP and major NFT drops on Solana
Keep track of all the future drops you won’t want to miss out on in the Solana ecosystem with our simple easy to use calendar that allows you to customise and optimise for your preferred NFT drops. Afterall the Sea is a vast wide open place, you’ll need help navigating it. - Minting of NFTs on the marketplace with traits/attributes
You will be able to mint individual NFTs, whether they be collectibles, P2E assets, art pieces, PFPs (etc.) efficiently, easily and in a cost effective manner. You will be able to mint Metaplex compatible NFTs directly on the marketplace and add your own properties to each NFT. - Creation of Collections on-chain
While NFTs can be minted individually, we’ll also give creators the tools to create “collections” of NFTs. NFTs can be minted as a part of a collection which will be stored on-chain and linked to individual NFTs minted on the marketplace. Collections will have properties which can include traits. When minting NFTs that are part of the collection, traits will be automatically open in the interface for NFT minting. (Bulk minting will be enabled in the future alongside the deployment of cAMM Liquidity pools in phase 2). - Public and Private listings
Sellers are able to list the NFT both publicly and privately. If listed privately, the link to the NFT will not be visible on the explore section of the marketplace. This feature is intended for P2P sales arranged privately off the marketplace. - Listing/Sales in different currencies (SOL, USDC, SRM, etc.)
Sellers will be given an option to choose the listing currency including stable-coins and other popular Solana tokens. - FTX-Pay integration
For non-crypto native collectors, there will be an option to use FTX Pay as an easy way to purchase NFTs with their credit cards. - Rarity index and traits ranking
Every NFT that has traits and is a part of an established collection will have a calculated rarity index. Traits of each collection will be sorted, numbered and their rarity presented. - 3D viewer of NFTs
NFTs that are uploaded in 3D format like GLB will appear in an interactive 3D viewer. - Ultra-fast and cheap minting process
Minting NFTs on other chains, especially Ethereum, created a big friction due to increasing gas fees. Solana provides low gas fees and thus opens new possibilities for creators looking to sell their NFTs in a much affordable way. - Low-transaction cost
Thanks to Solana’s low transaction cost, buying NFTs on the marketplace will not generate additional high expenses. - Fast UI and UX with caching of NFTs
Caching of files that are stored on decentralized storage is a key element in providing users a seamless experience. Thanks to All-Art’s APIs that cache the files, the SOLSEA experience will be fast and enjoyable.
NFTs categories available on SolSea
- Art
- Photography;
- Collectibles;
- Gaming;
- Utility;
- Domain names;
- Virtual Worlds
What cryptocurrencies are accepted on SolSea?
Unlike OpenSea, which accepts Ethereum (ETH), Klatyn (KLAY), Polygon (MATIC), and Solana (SOL) for transactions, Solsea only accepts SOL and a few fiat currencies (USDC and USDT).
You can also buy NFTs via fiat currencies either using FTX Pay or Moonpay to essentially fund your wallet.
SolSea fees
The marketplace fee is 2%, which occurs on every successful NFT sale. Artists can set their own royalty structure for each NFT, including their own creator’s fee.
There are NO other marketplace fees, only Solana network fees for other transactions (minting, creating collections).
SolSea support
SolSea´s FAQs provide answers to any questions or concerns you may have. If you haven't found the solution to your issue in the FAQs there are severel contact forms to submit a ticket and their Discord is also available for the community.
Bottom line
In case you are planning to buy some NFTs and make a profit through them or you are an NFT creator yourself, then SolSea has brought some special functionalities for you on its platform.
Solsea is hailed for its cheap experience, but again, the only NFTs available here are based on SOL.