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

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.”

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:

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.

Image Credit

Featured image via Unsplash

Source: Read Full Article