From art, music or to entire virtual worlds, an NFT marketplace is your gateway to participating in the purchase and sale of some digital assets. Think of it as your Amazon of the digital realm.
There are dozens of NFT marketplaces and many of them have a specific focus or niche. Here’s a guide to the top NFT marketplaces out there.
What is the meaning of NFT marketplace?
An NFT marketplace is simply an online marketplace where you can buy, sell or trade NFT tokens. It gives creators a direct way to sell their non-fungible assets such as artwork, and customers can purchase these assets by using a cryptocurrency.
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List of Top 20 NFT Marketplaces
Sorare Is a cryptocurrency-based fantasy soccer league where users can collect player cards as NFTs and then use them in online competitions. The site has more than 200 licensed clubs, including the teams of Major League Soccer, and all transactions are done in Ethereum. Though users can participate in the fantasy league by purchasing low-cost digital players, exclusive NFT collectibles outcompete others through scoring multipliers.
Crypto.com’s NFT marketplace allows users to buy and sell digital collectibles from brands, celebrities and artists like Snoop Dogg, Aston Martin and UFC. Purchases can be made with a credit or debit card, your account balance on Crypto.com or with Crypto.com Pay, using the app or a wallet like Metamask or WalletConnect that supports ERC20 tokens.
SuperRare Is a peer-to-peer marketplace for buying and selling single-edition digital artwork. A tile of windows similar to an Instagram profile showcases art, list prices, sale prices and timed auctions. The site is home to a curated selection of artists and brands and has features like an active social feed, a calendar of upcoming exhibitions and an editorial page with profiles and artist statements. All transactions are made using ether, the native cryptocurrency to the Ethereum network.
Launched in February 2021, Foundation has hosted NFT sales of the viral internet meme Nyan Cat, Pak’s Finite and work by creators such as Pussy Riot’s Nadya Tolokonnikova and Edward Snowden. Creators’ work is arranged in a grid of cards, with trending auctions at the top of the page followed by featured artists. Works are listed at a reserve price, and bids can be placed for 24 hours, with a 15-minute extension if bids are placed in the last 15 minutes. The platform is built on Ethereum.
The marketplace which is filterable by price and rarity, you can find everything from virtual real estate to sound loops from The Weeknd. A stats tab almost like a stock ticker ranks sellers by volume, average sale price and the number of assets sold. OpenSea supports the blockchains of Ethereum, Polygon and Klatyn. Buyers can purchase fixed-price NFTs directly from sellers or bid on NFTs in auctions, with an offer record stored in the user’s profile.
Rarible Is an NFT marketplace where users can mint, buy and sell digital collectibles ranging from gummy bear GIFs to animated videos commemorating sports milestones such as boxer Floyd Mayweather Jr.’s undefeated 50-0 record. The layout is similar to Spotify, with a scrollable stack of columns featuring top sellers, hot collections and live auctions. A governance token known as RARI allows the most active buyers and sellers to vote for platform upgrades and participate in moderation decisions.
MakersPlace is a gallery of digital artwork stylized around creator collections and profiles. Each piece is issued and signed by the creator and permanently recorded and verified through the blockchain. The site includes detailed artist profiles, and work can be purchased through digital auctions or fixed price sales, using ether or a standard credit card.
Backed by Marc Benioff-owned Time Ventures and billionaire investor Mark Cuban, Mintable is a two-sided marketplace for buying and selling NFTs that resembles eBay. Built on the Ethereum and Zilliqa blockchains, the site is integrated with MetaMask, where buyers can set up crypto wallets. Creators have options to mint free “gasless” NFTs, short-run printable series or traditional transaction-based items. Once they’ve set up profiles and loaded their wallets, buyers can purchase listed items or bid on auctions, with winners notified by email.
Async allows users to create and collect interactive NFTs. Async Art allows artists to tokenize the individual layers of their art, whether its audio, video or photos. When an artist mints programmable art, they deploy instructions for how their finished media should be rendered.
Launched as a beta by DapperLabs in early 2020, fans can collect and trade NBA- and WNBA-licensed digital “moments” on NBA Top Shot. Released in limited-edition sets or available through open trade on the broader marketplace, moments feature video highlights, player stats and box scores. Collectors can display curated collections, follow their favorite teams and trade assets secured on the Flow blockchain.
What is the largest NFT marketplace?
Open Sea. This is perhaps the most popular — and, by far, the largest — NFT marketplace nowadays. It’s the original peer-to-peer alternative to buy and sell non-fungible tokens online, and it has recently surpassed a trading volume of $20 billion
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Designed by the Vietnamese startup Sky Mavis, Axie Infinity is a Pokémon-inspired video game, where players collect cartoon pets, battle other players and build farming kingdoms. Characters and land plots are encrypted as NFTs, which can be bought on the online marketplace.
It allows users to create, buy and sell game characters, weapons and collectibles without needing to worry about getting cryptocurrency first. Users can link their accounts to digital wallets to buy and sell assets from blockchain games, such as The Sandbox and Vulcan Verse. Venly advertises being the first blockchain agnostic marketplace, and it allows for payments in U.S. dollars via PayPal.
Nifty Gateway Is a centralized U.S. dollar marketplace that works with artists and brands to create Nifties, a branded term for NFTs. Sales are structured around “drops,” in which collections are made available for a limited time. After a drop ends or an artwork sells out, Nifties can be resold through the site’s peer-to-peer marketplace. Nifty Gateway has featured work by artists and brands like Beeple, BD White, Cam Hicks, Forbes and Playboy. Now owned by cryptocurrency exchange, Gemini, Nifty Gateway operates at high volume and includes a discovery page and a log of sitewide activity.
A decentralized auction house with an overtly activist manifesto: to help artists recapture value that labels, galleries and big brands have traditionally taken as a commission for service and distribution. Buyers can find music, video, images, GIFs and text NFTs for sale through linked Ethereum wallets like WalletConnect and Coinbase. In addition to serving as a marketplace, Zora is an open-source protocol, built on the most common standard for NFTs, called ERC-721. Creators can buy and resell NFTs anywhere that integrates with the protocol and specify royalty percentages for secondary sales.
ThetaDrop is an NFT marketplace powered by the video and entertainment blockchain Theta Network, calling itself “fast, cheap, green.” ThetaDrop incorporates live streaming during auctions and NFT drops, along with tie-ins to live television and cable broadcasts. It launched with the World Poker Tour.
KnownOrigin is an artist-driven NFT marketplace for rare digital art that allows both
collectors and artists to trade their NFT art on the Ethereum blockchain.
Founded in Stockholm by Christina Löwenström and Johan Forsman Löwenström, Zeptagram allows musicians to tokenize tracks as NFTs and sell a portion of the ownership rights to fans and investors. Through smart contracts, musicians and their supporters receive royalties on secondary sales. The company has developed its own currency, Zeptacoin, which is used for payment of royalties and trading of music rights on the platform.
The Sandbox is a video game where players can monetize experiences through the Ethereum blockchain. A cryptocurrency known as SAND functions as the game’s usage fee and utility token. A web-based marketplace lets users upload, publish and sell creations made in VoxEdit, a 3D voxel modeling package, as NFTs. Creations purchased or developed using the editor can be placed on land parcels, thereby altering the game mechanics through scripted behaviors.
Binance, one of the largest cryptocurrency exchanges, added an NFT marketplace in 2021. The international crypto exchange is one of many other industry players entering the NFT sector, like Crypto.com NFT, which describes itself as a highly-curated NFP marketplace.
Is NFT listing free?
To list your NFT for sale, click the “Complete listing” button. You’ll have to confirm, or sign, a few transactions with your wallet, either using the browser extension or the app. On Polygon, the transactions are free, and you’ll get a screen saying that your item’s been listed.
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How many NFT marketplaces are there?
List of NFT marketplaces | 241 results | Golden. Surface information, get answers, and find opportunities with the Query Tool.
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