The NFT world is currently is a crazy place to be in. Even as crazy as it is, there are people entering it regularly. An NFT marketplace is exactly where people take part in the purchase and sale of digital assets such as art, music, pictures, videos, GIFs, and many more. You can think of NFT marketplaces like e-commerce sites of the digital world.
There are several NFT marketplaces known in the world currently, and many of them have a certain focus or niche, which is one of the things you should keep in mind before deciding on which NFT marketplace to pick, just like when you’re picking an online casino to play your games.
Picking An NFT Marketplace
You should always remember that NFT is simply buying the ownership of an asset. So, before picking an NFT marketplace, you have to decide the kind of digital asset you’re interested in selling, buying, or creating. Everything digital like videos, video games, art, GIF, etc., can be tokenized on a blockchain. This will help you know where to start.
Another thing you should consider is the type of tokens that are supported on specific marketplaces. While some support several or a wide variety of tokens, some are closed marketplaces and use a certain type of token. When you’re signing up for an NFT marketplace account, make sure you fund your wallet with the crypto or token accepted on the site. You’ll be linking your wallet to the NFT marketplace once you’re done opening an account. So, what are the top NFT marketplaces?
OpenSea is, without a doubt, the leader in NFT sales. Being the undoubted leader means OpenSea has all kinds of digital assets on its platform, and it is completely free to sign up and browse what it has to offer. The platform supports creators and artists and it also has a quick-to-understand process (minting) if you wish to develop your own NFT.
OpenSea supports over 150 different payment tokens, so you don’t have to worry about your favourite token not being available (well, at least if it’s popular enough to be listed). OpenSea is a great place to start if you’re just venturing into the world of NFT.
NBA Top Shot Marketplace
NBA Top Shot is owned by the National Basketball Association and Women’s National Basketball Association. It is basically the adventure of NBA and WNBA in the world of NFTs. On its marketplace, you will find collectible moments (video clips and play highlights) and art that can be purchased from the basketball leagues.
This was built as a closed marketplace (you can only buy and sell on Top Shot) by the NBA using the Flow blockchain by Dapper Labs. It’s relatively easy to sign up and buy on the Top Shot marketplace site and it is quite easy to sign up on bestaustraliancasinosites.com as well.
Axie Marketplace is a unique marketplace and also the online shop for the video game Axie Infinity. In this game, Axies are mythical creatures that can be sold, bought and trained before being used to fight against other players’ Axies to earn rewards. In the unique marketplace, users can buy new Axies, lands, and other items, as NFTs to use in the video game.
Axie Shards – which is Axie Infinity tokens – were developed on the Ethereum blockchain. This means it can be sold and bought on several other kinds of NFT marketplaces.
This is another popular marketplace for all kinds of NFTs. You can get all sorts of art, videos, music, and collectibles, which can be sold, bought, or created on the marketplace. In Rarible, however, you’ll have to use its own token “Rari” to buy and sell on its marketplace. Rarible is also built on the Ethereum blockchain.
The best thing about this platform is that users can earn royalties on NFTs they resell, which means they will get a cut on every NFT that gets sold.