When creating a NFT on Rarible, do I create a NFT, Collection, or a Marketplace?

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When creating an NFT on Rarible, here are your options and their purposes:

  1. Create an NFT: This is the most basic option for minting a single or multiple NFTs (ERC-721 or ERC-1155). You can upload your artwork, set metadata (e.g., title, description, royalties), and mint it directly onto the blockchain. This is ideal for individual pieces or small projects.
  2. Create a Collection: Collections act as folders for organizing multiple NFTs under a unified theme or brand. By default, NFTs are minted under the “Rarible Collection,” but you can create your own custom collection for better branding. This is recommended after gaining some experience and selling a few NFTs because creating a custom collection incurs additional gas fees.
  3. Create a Marketplace: This advanced feature allows you to build a custom NFT marketplace for your community or project. It is suitable for creators or organizations looking to establish a unique platform tailored to their needs.

Recommendation:

  • Start by creating an NFT under the default “Rarible Collection.”
  • Once you gain traction, consider creating your own collection for better visibility and branding.
  • Creating a marketplace is only necessary if you have a larger-scale project requiring its own ecosystem.
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Born in 1982 in Japan, he is a Japanese beatmaker and music producer who produces hiphop and rap beats, and is the owner of Genx Records. He also researches AI beat creation and web marketing strategies for small businesses through Indie music activities and personal blogs. Because he grew up internationally, he understands English. His hobbies are muscle training, artwork creation, WordPress customization, web3, NFT. He also loves Korea.

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