TOP 5+1 BEST ETHEREUM NFT LAUNCHPADS
If you want to mint your NFT collection on Ethereum, using a launchpad can be a verygoodidea. For Ethereum, we have many options with different features, so you can choose the one that best suits your Project.
In this post we are going to show you the 5 Best Ethereum Launchpad and a bonusoption that will surprise you.
WHAT IS AN NFT LAUNCHPAD
An NFT launchpad is a platform that is responsible for minting NFT collections in exchange for a commission.
In all cases they will be in charge of developing the smart contract for us, and in many other cases they will help us with marketing, providing security, visibility and investor outreach.
We can find launchpads of all kinds: different visibility, commission, payment methods, conditions, etc. Here are the best options in the Ethereum network and their characteristics.
ARE ETHEREUM LAUNCHPADS WORTH IT?
Using an NFT launchpad has its pros and cons, let's go over them before continuing!
✅ PROS LAUNCHPAD ETHEREUM
We ensure good mint performance
Extra visibility
Marketing Assistance
They will be responsible for the development of the mint
Investor security
❌ CONS LAUNCHPAD ETHEREUM
We may be rejected
We will pay a fee
We have no control of the mint
We have to adapt to their conditions
External errors may occur
What do you think, are NFT launchpads on Ethereum worth it?
COMPARISON OF THE BEST ETHEREUM LAUNCHPADS
After this comparison table, we will see detailed information about the mentioned Launchpads.
Ethereum Launchpad | Popularity | Marketing | Commission | Collection Type |
Opensea | 1 | Possible | 10% | PFP, Utility, Games, Art, Sports |
Hey Mint | 4 | No | 0% | Any |
Magic Eden | 2 | Yes | 10% | PFP, Utility, Games, Art, Sports |
LaunchMyNFT | 5 | No | 2.5% | Any |
Foundation | 3 | Possible | 5-15% | Art |
Marketing: Launchpad gives us exposure and marketing support
Commission: Percentage of our mint that we will pay to Launchpad
Collection type: Collection types that are minted in Launchpad
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1. OPENSEA LAUNCHPAD NFT ETHEREUM
Opensea is the Ethereum marketplace par excellence. It has been the reference for years in the NFT sector and the best place for NFT Creation.
In addition, they also have their own launchpad, where we can create the mint of our NFT collection on Ethereum and there are so muchtop projects launching.
Note that this is open to all users, but Opensea willonlyshowsomemint highlights on its "Drops" page, as well as sharesome of them on its socialnetworks.
If we get this type of agreement with Opensea, we will receive great visibility, authority and prestige for the public eye, but this is difficult since they only accept the top projects.
If we don't get it, we won't have as much visibility, but we'll be minting in a safe place at a moderately high price.
FEES OPENSEA LAUNCHPAD
Currently, Opensea has a commission of 10% of our mint. For each NFT minted, we will receive 90% of the total.
We must also consider the cost of deploying the smart contract (gas fee). This depends on the type of option we choose: around $500 or around $50.
2. HEYMINT LAUNCHPAD ETHEREUM
HeyMint is a launchpad that allows you to build your own custom mint without programming and for free.
This is a completely different option to Opensea, since we will only receive the technologicalsupport and security for buyers, but it will not provide us the marketing factor, at least not as the same level as Opensea.
They also have some very interesting features to complement our mint: art generator, custom mint button (we can embed it in our own web), reveal, whitelist, freeze, credit card payment, airdrops, etc.
As we mentioned before, it is completely free, that is, we do not have to pay any commission, only the cost of deploying the smart contract (we also pay it in Opensea and other options), which is around $20-50.
HeyMint also has tools to manage our whitelist widely used by Ethereum NFT projects.
It is undoubtedly the best option if we cannot reach a priority agreement with Opensea or Magic Eden.
3. MAGIC EDEN ETHEREUM LAUNCHPAD
Magic Eden is one of the most powerful marketplaces in the NFT community. Although their main network has always been Solana, they are gaining relevance on Ethereum.
It is the same with its launchpad, where we see more and more powerful NFT projects, that's why we have it here.
In this case, its launchpad is exclusive, that is to say, not all the collections can be in its launchpad. To be able to mint with Magic Eden we must make a request and try to be accepted.
The reality is that they will give us a lot of visibility and prestige with our investors, since they will share us on social networks, they will make a Twitter Space with us, etc.
However, its importance and influence are still less than on Solana and, therefore less than in Opensea.
FEES MAGIC EDEN LAUNCHPAD ETHEREUM
Magic Eden has a commission of 10% of our mint, we will not have to pay any gas fee.
In addition, if our project is very top we will have the opportunity to reach special agreements; lowering these fees, making a long term partnership, etc.
4. LAUNCHMYNFT
LaunchMyNFT is similar to HeyMint, it is a multi-chain launchpad in which we will create our mint without coding. It is the launchpadparexcellence of NFT Degen and Free Mints collections.
In this case, they have a 2.5% fee and in addition, we must pay the fees for the deployment of our collection to the blockchain.
They have several interesting features and it is an option to take into account. Of course, we willnotget extra visibility or marketing support as in other cases.
5. ETHEREUM LAUNCHPAD FOUNDATION
Foundation.app is a completely different and unique NFT launchpad on Ethereum. It is a digitalArtMarketplace, i.e. it is a place where artists publish their work and collectors buy it.
In addition, within its Marketplace, we have its own Launchpad, where we can create individual NFTs or a drop ofourcollection.
They are usually much smaller collections and with a different style than what we may be used to. Also, the mint is very long and there is less sales volume.
However, the average price is also higher than in Opensea, Blur or Magic Eden.
In the case of drops, we commonly receive support in social media and visibility thanks to Foundation.
FEES FOUNDATION LAUNCHPAD ETHEREUM
Foundation Fees are 5% on all sales in your marketplace. These fees are the same if we create individual NFTs instead of a collection.
If we create a collection the mint fees will be 15%.
5+1. YOUR OWN MINT SITE
Maybe you have not considered the option of making your own mint site instead of using a launchpad, but we really should take it into account as it can fit very well with our NFT collection.
To do this, you will need programming skills in Solidity, or you can hire a developer to do it (prices vary a lot).
Some factors to consider are:
- You will not pay fees to launchpad
- You will know your fixed costs (developers and gas fees)
- You will not need to negotiate with any launchpad
- Investor security may be reduced
- Errors may occur during mint
CONCLUSION
Now that you know the Best NFT Launchpads on Ethereum, it's time to decide which one is bestsuited for your project. You should also know that after mint your NFTs will be available on allmarketplaces regardless of where you mint.
It's time to work hard on building community and achieving success in mint (we teach you how to do it for free in this course).
Thanks for reading us, remember to subscribe to our newsletter to receive content to create a successful NFT collection and above all goodluck in your project!
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I like building cool stuff. CEO & Co-Founder Smithii.