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Free Guide to NFTs for Artists
  • Welcome Artists!
  • Quick Start Guide to NFTs
    • 3 Essential Steps to NFTs
      • Creating a crypto wallet
      • Buying Ethereum
      • Minting your first NFT
  • SECURITY BASICS
    • Protecting yourself in crypto
      • Protecting your crypto wallet
      • Using a Cold Wallet
      • Protect your Artwork Online
  • Understanding NFTs
    • NFT Terminology
    • Choosing your direction
    • Quotes
  • MARKETING
    • Basics of Marketing
      • Don't sell your product
      • Defining your brand
      • Who is your audience
      • Your Audience / Your Investors
    • Promotional Marketing
      • Giveaways
      • Cross Promote w Others
  • DISCORD
    • Designing your Discord
    • Discord Security
      • Discord Suggestions
  • Twitter
    • Twitter Tips & Hacks
      • Branding your Profile
      • Twitter Banner Design
      • Status Update / Title Alerts
      • Pinned Tweet Formatting
    • Twitter Marketing & Promo
    • *Twitter Marketing Scams
      • Promotional scams
      • Engagement Scams
    • Twitter Spaces
  • Blockchains
    • Choosing a blockchain
      • Etherium
      • Solana
      • Polygon
      • Tezos
  • NFT Platforms
    • Choosing a Platform
      • Foundation.app
      • Mintable.app
      • Knownorigin.io
    • Editions / Scarcity Tactics
    • Pricing your NFTs 1/1
  • Website Development
    • Website tools & resources
    • NFT Project Tools
      • Developer resources
  • NFT Market Development
    • NFT Analytics
    • Contracts
  • Suggestions
    • Share your knowledge
  • mindset hacks
    • Unsolicited Advice
  • Management Tools
  • Management Tools
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  1. Blockchains

Choosing a blockchain

Each blockchain is it's own network that is where you store or connect your digital assets to

What factors to consider in your choice of blockchain

In the simplest of terms you can think of your choice of blockchain as your choice of marketplace.

If you have a good audience who follows you anywhere there will be more flexibility with the blockchain you choose. The biggest secondary market for reselling NFTs is Ethereum.

If you are just starting out you might want to start with the largest marketplace of Ethereum but there are many options out there;

  • Ethereum (ETH) : (PoW)

  • NEAR: https://near.org/ (PoS)

  • WAX: https://on.wax.io/wax-io/ (PoS)

  • Tezos (XTZ): https://tezos.com/ (PoS)

  • Flow: https://www.onflow.org/ (PoS) (by CryptoKitties folks, used by one of the largest NFT platforms, NBA topshots)

  • Binance Smart Chain (BSC): https://www.binance.org/en/smartChain (PoS)

  • xDai (DAI): https://www.xdaichain.com/ (Ethereum PoS sidechain)

  • Algorand (ALGO): https://www.algorand.com/ (PPoS)

  • Cardano (ADA): https://cardano.org/ (PoS)

  • Solana (SOL): https://solana.com/ (PoS)

  • Polkadot (DOT): https://polkadot.network/ (PoS)

  • Waves Protocol (WAVES): https://waves.tech/ (LPoS)

  • Hedera Hashgraph (HBAR): https://hedera.com/ (PoS) (Native NFTs without a smart contract for lower energy consumption)

  • Stellar (XLM): https://www.stellar.org/ (PoS) (uses federated byzantine agreement system)

  • Polygon (MATIC): https://polygon.technology/ (PoS) (Ethereum-compatible blockchain networks)

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Last updated 3 years ago

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