About Objkt
Objkt.com is a decentralized NFT marketplace built on the Tezos blockchain, catering to digital artists, collectors, and creative enthusiasts. It enables users to mint, buy, sell, and trade NFTs (Non-Fungible Tokens) such as digital art, music, photography, and virtual goods. Artists can create NFTs directly on the platform, set royalties (usually around 10%), and connect with a vibrant, international community. The platform offers integration with several Tezos-compatible wallets—including Temple, Kukai, and Beacon—for secure and efficient transactions. Objkt is recognized for its low fees and sustainability, leveraging Tezos’s proof-of-stake blockchain, which consumes less energy compared to many Ethereum-based rivals. While primarily operated in English, the site supports European users and provides methods for Euro-to-Tezos conversion through external exchanges. Objkt aims to deliver a broad, decentralized environment for NFT minting and trading, with added emphasis on artist support, community engagement, and eco-conscious blockchain practices.
What are alternatives for Objkt
👍 Pro's of using Objkt
- Very low transaction fees and minimal environmental impact due to Tezos’s proof-of-stake model, appealing to European eco-conscious users.
- Artists receive automatically enforced royalties (typically 10%), supporting creators beyond initial NFT sales.
- Straightforward and user-friendly interface, making NFT minting and marketplace interaction accessible, even for those new to blockchain technology.
- Wide compatibility with popular Tezos wallets for secure onboarding and storage of digital assets.
- Diverse NFT offerings beyond just art (music, photography, gaming assets), attracting a broad creative community.
👎 Con's of using Objkt
- Operates exclusively on the Tezos blockchain, resulting in smaller collector and creator pools compared to large Ethereum marketplaces.
- All transactions use Tezos (XTZ), requiring European users to convert Euros via third-party exchanges, which may introduce added complexity and fees.
- Onboarding can be challenging for beginners unfamiliar with blockchain wallets and NFT concepts.
- No direct Euro or fiat payments supported; full reliance on cryptocurrency for transactions.
- Market liquidity and overall visibility tend to be lower than on larger cross-chain platforms like OpenSea or Rarible.
