7 Secret Things You Didn't Know About NFT Marketplaces

[oliverethanrobin]

I've been following the NFT and Web3 space closely and wanted to share some lesser-known but important facts about NFT marketplaces that many people overlook. Whether you're an investor, creator, or looking to build your own platform, these insights can help you make more informed decisions.

Let’s get into it.

1. Not All NFT Marketplaces Are Truly Decentralized

It’s a common misconception that NFT marketplaces are fully decentralized. In reality, many platforms rely on centralized elements like user account management, transaction approvals, or payment processing.
Pros: Faster and smoother user experience
Cons: Reduced user control and transparency

True decentralization is still evolving. Understanding this helps you choose or build a platform wisely.

2. Gas Fees Aren’t the Only Costs

Most users are aware of gas fees, but that’s not where the costs end.

Many NFT marketplaces add platform commissions, withdrawal charges, and even hidden royalty splits.

If you’re planning to launch your own platform, being transparent about all costs is essential for building trust.

3. Secondary Sales = Long-Term Revenue

Primary NFT sales grab headlines, but it’s the secondary market where creators and platforms earn recurring royalties.

Smart marketplaces are focusing on resale tools and royalty automation to keep revenue flowing well beyond the initial sale.

4. Multi-Chain Support Is Becoming Standard

Ethereum is no longer the only chain in town. Modern NFT marketplaces are adding support for Polygon, Solana, BNB Chain, and more to offer faster transactions and lower fees.

If your platform isn’t multi-chain in 2025, it’s already behind.

5. Community Drives Real Growth

Behind every successful NFT platform is a strong community.

Technology alone isn’t enough—projects with active user bases, engagement tools, and loyalty programs tend to scale and survive longer.

Think beyond code—think community-building features like forums, user rewards, and social tools.

6. NFTs Aren’t Just for Art Anymore

While digital art made NFTs mainstream, the technology now powers everything from in-game assets to real estate ownership and event ticketing.

If you’re building or investing, explore how NFTs apply in other industries—they’re more versatile than most people realize.

7. Security Is Still Being Overlooked

As the space grows, so do the risks. NFT marketplaces have become targets for phishing, wallet hacks, and smart contract vulnerabilities.

Best practices like multi-factor authentication, regular smart contract audits, and cold storage are essential—not optional.

Thinking of Launching Your Own NFT Marketplace?

If you’re serious about building a platform, consider Justtry Technologies—an NFT marketplace development company that delivers custom and white-label solutions built for scalability and security.

What they offer:

End-to-end development, from concept to deployment
White label NFT marketplace solutions with fast go-to-market
Custom features tailored to your business model
Multi-chain compatibility: Ethereum, Solana, Polygon, and more
Strong focus on security, with regular audits and compliance
24/7 support and experience working with global blockchain brands

What Do You Think?

Which of these facts surprised you the most?
Have you dealt with any hidden fees or security issues?
Are you planning to launch your own marketplace?

Would love to hear your thoughts, questions, or experiences below.