Fables de la Fontaine NFT Marketplace

Fables De La Fontaine Marketplace NFT Review?

The Fables De La Fontaine NFT’s are collectable crypto artworks on the Polygon network. This series focuses on tokenizing French Classic Literature. The NFTs listed under Fables De La Fontaine is made by the decentralized and opensource project called Tokenart. Tokenart was launched in April 2020.

These NFT offerings focus on exploring the different possibilities of Creative Common Licensing, especially the transfer of all copyrights within the public domain.

Currently, on the date of first writing this review (25 January 2022), there were 246 artworks listed under Fables De La Fontaine with a floor price of ETH 0.01.

What is an NFT Marketplace?

An NFT Marketplace is a marketplace for NFT. So far so good. But what is an NFT?

NFT is an acronym for “Non-Fungible Tokens”. Something which is fungible is replaceable. For instance, one kilo of 24 karat gold is – at least in theory – replaceable with any other kilo of 24 karat gold. When something is non-fungible, it means that it is unique, and not replaceable with any other item out there.

Although NFTs are conceptually similar to cryptocurrencies, these digital assets might represent antiques & artworks, collectables like trading cards, and other items with unique features. These tokens are stored cryptographically in a blockchain network for authentication and validation. Even when transacting, each token is sold as a whole, unlike cryptocurrencies which are divisible into smaller units. NFTs lose their value when split into smaller portions, however, they can be duplicated by the artist and each additional copy can be sold separately (but the total number of duplicates will then always be known).

Fables De La Fontaine Marketplace Focus

The Fables De La Fontaine NFT series is based on the works of well-known 17th-century French poet and fabulist, Jean De La Fontaine. All NFTs in this series includes illustrations from renowned french artists like Grandville, Gustave Doré, Jean-Baptiste Oudry along with Fontaine’s poems with the exact wording. Their website also claims that these poems can “be translated into the type of language”.

The artworks are available on OpenSea – one of the largest NFT marketplace.

Fables De La Fontaine Marketplace Fees

We could not find any information about the fees charged by Fables De La Fontaine. However, since the artworks art listed on OpenSea, we think that fees will be levied on the OpenSea Marketplace.

One of the benefits of using the OpenSea portal is that it lets artwork creators set their own fee rates for primary and secondary sales. For facilitating the transaction, OpenSea charges 2.5% of the sale volume as service fees.

Layout of Fables De La Fontaine Marketplace

Different NFT Marketplaces present their NFTs, the latest bid, the remaining time of an auction etc. in different ways. What you are most comfortable with viewing and using is up to you and no one else. Here’s a print screen from OpenSea showing artworks under Fables De La Fontaine:

On the date of writing this review (25 January 2022), the highest value of artwork sold was “Conseil tenu par les rats” for ETH 0.04. Here’s a snapshot of the artwork.

According to OpenSea, Fables De La Fontaine has a total trading volume of ETH 0.67 to date with 40 owners.