MakersPlace is a blockchain-based marketplace for rare digital art where creatives can showcase their rare digital artworks and sell them using both national currencies and Ether. Either way, each work displayed on the Ethereum-powered platform is associated with a cryptocurrency price that varies depending on the digital edition chosen. When uploading the artwork image to their profile for authentication and trade, artists can decide if they wish to issue a single, rare or limited edition, customizing the number of copies they make available. Once tokenized on MakersPlace, digital artworks gain value as if they were signed, physical prints. Regarding fees, the platform receives a 15% commission on all Ether purchases, applying an extra fee to credit card transactions. The platform also issues a 5% royalty to artists for every subsequent sale of their work on the secondary market. MakersPlace was launched in June 2018 by CEO Dannie Chu, CTO Yash Nelapati and CMO Ryoma Ito. Before starting MakersPlace, co-founders Chu and Nelapati were early Pinterest employees, Nelapati being the first employee engineer.