If you want to enter in the game of NFT (Non-Fungible Token). You want to learn how does it work and wants to know about buying and selling this digital asset which worth’s penny to millions of dollars NFT market are like space or you can name it Amazon of internet.
Numerous NFT marketplaces exist, and many of them specialise on a particular market or niche. What qualities should you consider before selecting one, and which are the best NFT marketplaces available?
Here in this article, you will know about top 10 marketplaces of NFT. Where you can easily buy and sell the NFTs. And these all are approved platforms and well established used by the millions of NFT trader
1.Opensea
I personally use opensea platform for buying and selling of NFT. This platform is number 1 platform in NFT that’s why it is listed at the top of our list. Opensea is the market leader in NFT. All kind of digital assets are listed on opensea, and it supports more then 100 digital currencies
For the payment. It is one of the favourite platforms for the artists. Many types of arts are sold here mainly songs and paintings. Here you can create your own NFT and later you can sell it. For the beginner to advance opensea is my first preference.
2.Rarible
It is another best platform for the NFT lovers. On the platform, any type of artwork, film, collectable, or musical work can be purchased, created, or sold artist love Rarible and Rarible and Adobe established a partnership in 2021 to simplify the verification and security of metadata for digital content, including NFTs. Rarible run on it’s on own token known as Rarible based on Ethereum blockchain system. It charges 2.5% of every transaction you do. One of the best features of Rarible is you can purchase NFTs by the credit card.
If you want to make your network strong and large, then Rarible is best option for you.
3.Binance
In 2021, one of the biggest cryptocurrency exchanges, Binance, introduced an NFT market. Binance also offers all pf the digital assets found at another platforms like music, painting, and other artworks
Its transaction fees are very low. It charges only about 1% for every transaction. Platform is very user friendly it run its own blockchain technology that is biggest advantage of the Binance
4.SuperRare
SuperRare is creating a marketplace for digital producers. The website sells artwork, movies, and 3D graphics. Company is very conscious about the collection of NFTs it only selects the high end NFTs
SuperRare does not accept the meme based NFT. SuperRare invest it’s a lot of manpower and time to check the quality of NFT. It charges around 3% (Buyer pay this fees) transaction fee and 15% (seller only for the first time). if you are selling first time.
Recently, it has released its own coin named SuperRare. It is based on Ethereum blockchain technology. If you are searching for high-end NFT artwork, especially more traditional pieces, SuperRare can be an excellent option.
5.Nifty Gateway
Nifty Gateway was founded in 2018. Nifty Gateway tie up with artists and turn their arts into a digital asset. NFTs created on this platform is limited edition. All NFTs are of very high quality “The Merge”
NFT was sold in $91 million, and this news made platform very famous and later on Gemini taken over the Nifty Gateway. This platform basically supports many artists mostly top-class artists
And make money through their great artwork. All NFTs on this platform is only for limited edition. You can use your credit card to make a transaction. If you are investing large amount of money, then Nifty Gateway is best option for you.
6.Theta Drop
ThetaDrop is run on the Theta Network, the industry-leading blockchain platform created specifically for the media and entertainment industries. It is completely green and environmentally beneficial; it is built on a proof-of-stake methodology. Theta Network is one hundred times quicker than Ethereum and costs pennies to create and transact NFTs
. You can purchase the NFTs with your credit cards, Debit cards. Even Theta coin worth more then $1. You can buy Theta coin from various crypto exchange platforms. For example, Binance exchange the Theta coin.
7.Foundation
Foundation is built for creators. Many creators collaborated with Foundation and during the days of launch, foundation invited many artists to experiment the platform for free. You can purchase and sell different type of Images, music, and videos
To trade NFTs you need a Ethereum coin in your crypto wallet. More then $100 million sales were done the year it was launched.If you are beginner, then foundation might be not a good place for you. If you want unique artwork type NFTs it is best platform.
8.NBA top shot
If you are a dedicated basketball lover, you may purchase NFTs of memorable events in basketball history on the NBA Top Shot marketplace.
For both the NBA and WNBA, you may purchase video clips, watch highlights, and purchase artwork. However, some of these Moments are pricey. Around February 2021, a LeBron James slam dunk video brought in $208,000.
The NBA has exclusive rights to these videos and established and runs the NFT marketplace. Additionally, you are confident dealing with a sizable, respected company. It is very easy to buy NFTs on NBATop shot, just you need to sign up on its website to purchase the NFTs.
9.Mintable
Mark Cuban, a multibillionaire, is men behind Mintable, which promises to create an open market comparable to OpenSea. You will need Ethereum to engage in the purchasing and selling of NFTs on Mintable. For creators of all stripes (from musicians to photographers) who want to sell their work as a digital asset Mintable is best platform
Person who loves NFTs first of all you have to buy the Ethereum to from a crypto exchange and connect the wallet to Mintable to buy and sell the NFTs.
10.Cryptopunks
Larva labs is behind the Cryptopunks. Larva labs is a firm of two persons which works on games and other mobile applications. They were inspired by the cryptocurrency and created a platform for NFTs.
They create NFTs from movies and literature books, video games etc and had placed it on Ethereum blockchain technology.
In 2017, they produced 10,000 distinctive characters and stored them on the Ethereum blockchain. A CryptoPunk was available for free claim to anyone interested. Before NFTs and DeFi took off, the cost of computing energy was much lower, thus they would simply need to pay the gas fee to cover it. 1,000 portraits were preserved by Larva Labs for personal use, but the others were immediately taken. Today, buying a CryptoPunk straight from its owner is the only way to get one.
This platform is not for beginners, but advanced developers can go here for trading in NFTs
FAQ
How does an NFT make money?
The most common method of making money with NFTs is to sell them on online markets specifically for NFTs. There are numerous online markets and platforms available now where you may make, list, buy, and trade NFTs, including: Mintable. OpenSea.
What is the difference between Rariable and OpenSea
Rarible focuses more on providing an environment where creators have a say in how the platform is run, OpenSea offers a marketplace that makes it simple for users to buy and sell digital goods. Rariable business grants people ownership of both their artwork and the market as a whole.
Where are most NFT buyers located?
5.65 million of the world’s NFT users reside in Thailand. With 4.99 million users, Brazil is in second place, followed by the United States in third place, with 3.81 million users.
How to choose NFT marketplace?
Tip to decide marketplace for NFTs.You must know which type of NFTs you want to trade in (music, paintings, or photography). And transaction fee of the platform and most important how many tokens or coins are listed to purchase and sell NFTs.
What is the future of NFTs?
In coming years, there will be more value of metaverse then any physical assets. NFTs are part of a Metaverse but it is a developing sector so many things will change by the time. NFTs can be one of them or it can be unchanged by the change Metaverse will always be there.