NFTs(Non-Fungible Tokens) are becoming popular day by day. But where the investors are buying those NFTs? Due to the popularity of NFTs, numerous marketplaces are sprung up online. Selling everything into digital collectibles. Now see the best NFT marketplaces in the digital world.
Best NFT marketplaces:
Here I have listed some of the leading platforms according to their functionalities and trade volumes.
- OpenSea
- CryptoPunks / Larva labs
- Rarible
- SuperRare
- Mintable
- Solanart
- Foundation
1. OpenSea:
OpenSea is the most popular, high-revenue generating NFT marketplace that has millions of users globally. OpenSea is backed by industrial leads like Coinbase, Trust Wallet, Pascal Capital, and Dapper.
Benefits of opting OpenSea:
- It supports multiple blockchains including Ethereum, Polygon, Klaytn, Solana, Arbitrum, Optimism, BNB, and Avalanche.
- It offers a wide range of NFT options including artwork, collectibles, GIFs, and music.
2. CryptoPunks/Larva Labs
CryptoPunks is one of the popular and earliest NFT marketplaces. Particularly Limited collection helps NFTs retain value. Their cost starts at 44.88 ETH, which equals $85,510 as of July.
Benefits of opting CryptoPunks:
It consists of a highly collectible series of 10,000-pixel art characters with unique attributes.
3. Rarible:
- Rarible is one of the community-owned largest marketplaces, supporting Ethereum as well as Polygon, Tezos, and Immutable X.
- And it supports various crypto wallets, such as Coinbase, MyEtherWallet, and MetaMask. They collect a 1% service fee for buyers and sellers on every sale.
Benefits of opting for Rarible:
- Buy and sell a wide variety of digital art and collectibles.
- Sellers can create more than one NFT for a single piece and sell it numerous times.
4. SuperRare:
- The SuperRare Marketplace is an Ethereum-based and higher-end version of Rarible. If you want a top-notch NFT art trading experience, SuperRare is the best way to go.
- They collect a 3% marketplace fee for buyers in each NFT purchase on the marketplace.
Benefits of opting SuperRare:
- It has a sophisticated interface.
- Heavily curated NFTs - artists must submit work for approval before listing.
- This platform chooses quality over quantity.
5. Mintable:
- It is celebrity tech billionaire Mark Cuban's NFT marketplace. It runs on the Ethereum blockchain and has especially good incentives for sellers.
- It has educational resources for sellers and potential NFT types which is nearly unlimited.
Benefits of opting for Mintable:
- There is no cryptocurrency payment needed to access their features.
- It has custom stores / Customized NFT storefronts
6. Solanart:
Whereas most NFT marketplaces exist on the Ethereum blockchain, solanart was the first to compete on its own Solana blockchain.
Benefits of opting for Solanart:
- It includes NFT collections like Aurory and SolPunks
- Easy to get started with bidding and purchasing your favorite NFT art pieces.
7. Foundation:
- Foundation is another most popular NFT marketplace and it positions itself as a web3 destination that provides a simple way to bid on digital art. This platform uses Ethereum for all of its transactions.
- It has excellent creator tools with pricing options.
- They collect a 5% fee on all primary and secondary sales.
Benefits of opting for Foundation:
- Works on an invite-only basis for creators.
- you can launch up to 10,000 NFTs for the cost of minting a single NFT.
Final Thoughts:
I hope now you have understood NFT marketplaces and their features. You can also create an NFT marketplace on your own idea or like already existing marketplaces. You may raise a question, how I can initiate and create an NFT marketplace of my own? For that, you have to approach a reputable NFT marketplace development company. They provide highly secured, bug-free, and customizable solutions. Build your NFT marketplaces with your desirable innovative ideas!
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