Top NFT Marketplaces

Top NFT Marketplaces in 2022

Non-Fungible Tokens (NFTs) have started a revolution in the digital world. After the last year’s expansion of the NFT market, it looks like there’s nothing that can stop this innovation. Top NFT Marketplaces serve as a gateway for participating in the sale and purchase of digital assets. You can think of NFT marketplaces as Amazon of the digital space.
The sale of your NFTs depends on whether you have chosen the right marketplace or not. A lot of people choose NFT marketplaces based on the fees they have to pay which is completely wrong. You need to choose what type of NFT you’re creating and which blockchain is being used. So far Ethereum is the most popular among top NFT marketplaces but digital space also has some platforms that are cheaper and more efficient. Let’s take a look at the top NFT marketplaces.

Top NFT Marketplaces

Opensea:

Opensea holds the first position among top NFT marketplaces because it is one of the most used and oldest platforms. The platform hosts a very wide range of NFTs including art, music, photography, virtual worlds, and sports collections. Other than Ethereum platform uses different blockchains like Polygon and Klatyn. This marketplace supports more than 150 cryptocurrencies for payment purposes. It is a very easy-to-use platform.

Anyone can set up an account for free and use this platform to create, sell, purchase, or browse a wide range of digital collectibles. A great place to start your journey with a sea-like platform.
Reasons to choose:
⦁ The platform uses several blockchains which is a plus point for Opensea.
⦁ For payment purposes, more than 150 cryptocurrencies are accepted.
⦁ A wide range of NFTs is present on the platform.
Reasons to reject:
⦁ High gas fees and carbon fees can be problematic for the platform.

Nifty Gateway:

Nifty Gateway is popular for its big drops for users. Most eye-catching big-money digital collectibles sales have happened on this platform. For example, the sale of Pak’s ‘The Merge’ and Beeple’s ‘CROSSROAD’ happened on this platform. It is the number one platform for Celebrity NFTs. A huge following on Twitter also boosts the platform.Top NFT Marketplaces

If you want to buy an NFT and don’t own cryptocurrency, then this platform might be the best for you because it allows users to purchase collectibles using credit cards. An unlimited number of editions are created for a limited period and then these are sold at base price. This is the best use of open editions. After timed out, not a single NFT is issued ever.
Reasons to choose:
⦁ Purchasing can be done through fiat currency
⦁ The platform makes good use of limited open editions which makes it interesting.
Reasons to reject:
⦁ This platform is dominated by celebrity NFTs which leaves little room for commoners.

Rarible:

Rarible is owned by the community and promotes decentralization. The marketplace is infamous for its rare media and sports collection due to which it attracts a lot of media, gaming, and sports brands. Users can sell a single NFT or collection. Users can get part in the platform’s upgrade through their right to vote. A lot of brands are associated with a platform that helps to preserve artists’ work and create novel NFTs.Rarible

Along with Ethereum, Blockchains like Tezos and Flow are also used by this marketplace. Usage of several blockchains provides an option to users to choose what benefits them.
Reasons to choose:
⦁ Several Blockchain options are very good
⦁ Community-owned platform
⦁ A very low carbon and gas fees option is offered.
Reasons to reject:
⦁ Dominated by big brands

Foundation:

Digital Artists, crypto natives, and collectors work on this platform. Artists need to build a profile first and get enough Upvote from the community to be accepted on Foundation. Foundation has a policy that the creator of the art receives 10% from every time an artwork of his resells.

Solanart:

Built on the Solana Network, Solanart is a full-fledged NFT marketplace. This platform charges a transaction fee of 3% but supports many wallets such as Phantom, Clover, and Solflare.

Magic Eden:

NFT marketplace Magic Eden has rapidly surged to the top of the Solana pack, becoming the dominant player in the space much like OpenSea has done on Ethereum. Platform charges 2% of the transaction as a fee. Magic Eden

Binance NFT:

Binance is known as one of the largest and future-proof NFT marketplaces. Supported by the crypto exchange, Binance, this platform is expanding very rapidly. Due to this support of crypto exchange, it is considered one of the best future-proof NFT platforms. Binance NFT

If you have Binance tokens (BNB) accessing the marketplace is even easier, and you can use ETH, BNB, and BUSD to bid. You can deposit ETH or BSC NFTs if you’re looking to sell.
Reasons to choose:
⦁ Platform charges only 1% fees
⦁ Users can cash out using Fiat
⦁ Secure and large platform for NFTs
Reasons to reject:
⦁ The platform is not artist-friendly

SuperRare:

SuperRare is an NFT platform that provides an art gallery feel and brings gallery attitude to the NFT realm. It’s an art-first NFT marketplace that puts credibility and artistic intent above meme-friendly art. You won’t find SuperRare filled with celebrity NFTs. It reportedly only accepts 1% of the artists who apply, which sounds elitist, but it means that if you’re accepted you know you’re in a catalogue of highly curated and interesting artworks.Super Rare

The approach makes SuperRare feel like a high-end gallery, and that’s further enhanced by a rule enabling its artists to mint one of their originals – no Editions here. This means the pieces are more scarce and so, as the name suggests, rare. SuperRare is one of the best NFT marketplaces for serious art and artists.
Reasons to choose:
⦁ Curated and rare artwork can be found here.
⦁ The platform has a great editorial blog which makes it different.
⦁ It has a fine gallery mood
Reasons to reject:
⦁ The platform is notorious for accepting a low number of applicants.

Conclusion:

The craze of NFTs is not going to slow down any soon. NFT marketplaces provide a way to start investing in digital collectibles. Plenty of options are out there and we have discussed a few of them. Be sure to choose one that suits your buying and storage needs based on the type of NFT you’re after and the crypto you’re interested in using for transactions.

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