3 Reliable NFT Whitelist Marketplace

Whitelisting is a mechanism NFT projects and marketplaces use to grant certain users early access to NFT sales. The Whitelist feature availability can vary significantly from one platform to another.

The whitelisting approach is often used to reward whitelisted members with the opportunity to purchase or mint NFTs before the general public.

Below are a few ways the whitelist feature may be implemented in NFT marketplaces.

• Allow whitelisted users to participate in NFT sales before they open to the general public.
• Whitelisted individuals might be offered special pricing options as an incentive.
• Access to limited edition or exclusive NFTs can be restricted to users only on the whitelist.
• Allowing creators and project owners to set up their own criteria for who gets whitelisted.
• Adding users to the whitelist is either manual or done automatically through smart contracts.

In the listicle, I will discuss 3 NFT Whitelist Marketplaces with built-in Whitelist features. Those 3 NFT Whitelist Marketplaces are listed below.

• MagicEden
• Solanart
• Bybit

Let’s look into each of those in detail.

Read on. It is MagicEden first.

MagicEden

MagicEden is an NFT Marketplace built on the Solana BlockChain. It provides a built-in Whitelisting feature. This Whitelist feature will benefit early users interested in minting or purchasing NFTs. It gives the whitelisted members an advantage. It is also very helpful in eliminating gas wars.

MagicEden was founded in September 2021 by four individuals, each from a diverse background. It gained wide adoption and continues to be the favorite choice for most NFT enthusiasts to buy and sell NFTs.

This is a community-centric NFT Marketplace that benefits NFT collectors, artists, and traders. It is the preferred place for users to buy and sell NFT. Magic Eden supports and connects to Solana-compatible wallets, like Trust Wallet and Exodus Wallet.

Most NFT Marketplaces require users to create accounts to start trading NFTs. For example, Bybit requires users to create an account. But MagicEden allows NFT trading without the need to create an account.

In a recent move, MagicEden expanded its offerings to Ethereum, BitCoin, and Polygon, in addition to serving Solana. Thus, its multichain functionality approach further expands its reach. However, its dominance on Solana is evident compared to OpenSea.

This platform has a very intuitive UI interface. It is known for easy navigation, viewing detailed information, and completing transactions smoothly. This is a trustworthy marketplace that operates with lower transaction fees than Ethereum platforms.

Moving to Solanart now.

Solanart

Solanart is the first fully-fledged NFT marketplace on Solana BlockChain. This platform is helpful to explore, buy & sell a wide variety of non-fungible tokens. Solanart also has auctions and bidding features, thus making NFT trading easy for enthusiasts.

Solanart prioritizes user experience in all aspects. You can chat on the chain with buyers and sellers. Be it you are just exploring NFTs or launching your own NFT project, Solanart can help you. A seamless experience is possible with its deep integration with the Solana Ecosystem.

This is a very low-fee trading environment. It's the lowest-fee marketplace built on Solana—almost a zero-fee trading environment. This platform is known for faster transactions and charges lower fees than most other platforms.

This platform is very community-friendly. The creators of NFT receive rightful royalties for secondary sales. The platform ensures that all NFT trading stakeholders benefit equally. To reiterate, the transactions are not only quick but also cost-effective.

Solanart faced many early-day challenges. It had a minimal variety collection during its inception years. It also had prolonged website speeds. There was a visible delay between minting & listing. It faced competition from Magic Eden & Open Sea. It has risen above all odds & challenges to become what it is today.

It is no wonder that scams and fraudulent projects exist. So, it is the user's responsibility to conduct thorough research before making any selling/buying decisions. Platform users should be mindful of potential risks that can arise on the platform. However, the platform also warns that few NFTs may pose a danger.

Bybit

The Bybit NFT marketplace was established in 2015. It is an attractive platform that treats sellers and creators alike. Unlike MagicEden, where users need not create an account for trading, Bybit users must create an account to trade.

Bybit is very creator-friendly. It pays royalty to the original NFT owners. The good part is that, like Solanart, it pays royalties on every secondary NFT sale. However, the royalty amount is not fixed and can vary according to the project.

This platform has a very vast trader base with many users and sellers. You can find sufficient users waiting to buy your NFT. The NFTs are promoted very effectively and positioned for the best buy. The sellers are charged 1% of the transaction fee.

In a recent announcement, Bybit announced plans to revamp Its NFT Marketplace. This effort aims to improve participation. The platform has a user-friendly interface and a transparent fee structure. Bybit has a global presence with support for multiple languages and provides localized services.

The platform is known for its 24/7 customer support. All the customer queries are addressed very promptly. This multi-chain platform allows trading NFTs from Ethereum, Solana, BNB Smart Chain, Polygon, and Tezos blockchains.

Its internal Whitelist feature allows early access to cutting-edge NFT collections. The platform offers a wide range of helpful resources that educate about the platform. The transparent pricing system is another feather in the cap for Bybit NFT Marketplace.

Concluding Thoughts

Although dedicated Whitelist tools are available in the NFT Market, the above-mentioned NFT Marketplace with integrated Whitelist features is very helpful. It helps the user approach NFT trading professionally.

These NFT Marketplaces are immune to gas wars. The wallet addresses are collected at ease. The wallet balances are checked for eligibility. Customized Whitelisting criteria can be set. Many other NFT Marketplaces are available; a few are Whitelist integrated, and a few are not.

Beware of scams and fraudulent projects before making your NFT selling and buying decisions.

Do try these NFT Marketplaces and share your feedback with [email protected]. Your suggestions for adding more NFT Marketplaces to this listicle are also welcome.

Happy NFT Trading!