Top 10 NFT Marketplaces to Look Out For and Why

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How numerous NFT marketplaces make hunting for digital collectibles practical for users

Despite the prolonged bear market, plenty of NFT marketplaces are continuously rising in strength.

To keep the engagement of NFT collectors and traders, many marketplaces put their own unique spin on their platforms by representing digital assets that solely focus on particular sectors, blockchains and interests.

Whether you are looking for Ethereum-only collections, basketball collectibles, premium digital art, rare drops, low-fee NFTs, a multi-blockchain hub, Lady Ape collectibles, Solana digital assets, gaining royalties are wanting to scope the most-famous NFT platform out there, there is a marketplace for you.

NFT hunting is made easier for NFT buyers and traders than ever before.

So, let’s dig into the top 10 NFT marketplaces (in no particular order) to simplify your search for the most valuable digital assets:

SUPERRARE (ETHEREUM ONLY)

Anyone who is in the Web3 space will be aware of SuperRare. The marketplace is well-known for having the highest standards when compared to others.

Anyone wishing to mint an NFT on the platform must apply and receive approval from the website. Curators must submit a formal application, a one-minute video introduction, and images of their artwork via Google Docs.

Consequently, SuperRare has the reputation of being high-end and representing some of the most desirable NFTs.

NBA TOP SHOT (SPORTS/BASKETBALL)

The National Basketball Association and Women’s National Basketball Association have their very own NFT marketplace, the NBA Top Shot.

Users can buy collectibles of video clips, highlights, artworks and memorable moments from the world’s premier basketball leagues.

Despite being a closed marketplace for Dapper Lab’s Flow Blockchain users, don’t let it put you off—the website is easy enough to join, access and purchase from.

FOUNDATION (PREMIUM DIGITAL ART)

Foundation is a simple way for collectors to bid on premium digital collectors worth up to $100 million.

The platform runs on Ethereum and functions via an invite-only basis for the top NFT curators.

As a result, the marketplace is not ideal for those starting off their NFT minting career. However, the marketplace offers various types of digital art that end users can acquire in a few simple clicks.

NIFTY GATEWAY (THE RAREST NFT DROPS)

Nifty Gateway is ideal for those looking to make significant investments via NFTs due to offering access to the top NFTs.

The marketplace is most famous for hosting the most expensive digital art, including Pak’s collection ‘The Merge’, which is worth more than $91.8 million.

Unlike other marketplaces, once acquiring an NFT through the platform, the digital assets stay on your marketplace profile—rather than being held in your crypto wallet, like MetaMask.

To further boost demand, the marketplace uses ‘Open Editions’—buyers can buy NFTs within a limited time frame that the marketplace will never rerelease. 

BINANCE NFT (LOW FEES)

Binance is becoming the most future-proof marketplace due to steering clear of steep gas fees; thus, charging significantly less than other platforms for transactions.

As a perk, the marketplace supports its very own blockchain. So if you own a Binance token (BNB), it is super simple to buy from the platform. However, the marketplace also accepts Ethereum for buying, trading and minting purposes.

RARIBLE (MULTI-BLOCKCHAIN HUB)

Rarible is a multi-blockchain hub that supports six blockchains: Ethereum, Flow, Polygon, Tezos, Immutable X and Solana.

The marketplace boasts a competitive model regarding lowering fees by 1% across all compatible chains. It also has a trading fee of 2.5% and royalty fees of up to 50%.

On the plus side, it overrides Ethereum’s notably high gas fees.

STRMNFT (LADY APE COLLECTIBLES)

STRMNFT represents one of the newest NFT marketplaces to launch this year. That being the case, it offers a variety of great features to get collectors on board, including free minting (which ended just last month) and contests that include prizes worth up to $10,000.

The platform partners with StreamCoin and uses much of its native technology to keep the platform running: NSTA_602 NFT Standard (a tokenized ownership of videos) and the Dual Delegated Proof-of-Stake (DDPoS) for a processing speed of 300,000 transactions per second.

STRMNFT is also the hub for Lady Ape Club (LAC) NFTs. The collection sold out almost immediately after the platform’s initial launch.

SOLSEA (SOLANA-RUN)

Solana has its very own marketplace, SolSea, which embeds licenses and unlockable content when minting.

The marketplace offers the lowest trading fees on Solana—from 2% down to 0%. The platform also includes live mints and real-time analytics provided directly from on-chain data.

Whether you are into real estate, music, digital art, or owning something from your favorite icon, you can find such assets on SolSea’s digital art gallery.

OBJKT (ROYALTIES TO ARTISTS)

Objkt lives on the Tezos Blockchain. In addition, the marketplace supports English and Dutch auctions, therefore, represents unique NFTs you cannot find on other platforms.

The marketplace is much more innovative than others in terms of design. The platform screams out fashion and arts.

Moreover, OBJKT highly focuses on NFT artists’ well-being by giving them royalties.

Artists can also mint NFTs for just 0.0011 TEZ. Transaction fees are 2.5%.

OPENSEA (WORLD’S MOST FAMOUS)

Last but not least comes OpenSea. Without a doubt, OpenSea is the most prominent NFT marketplace worldwide. It is home to the most famous NFTs, including CryptoPunks, Bored Ape Yacht Club, Azuki and more.

Unfortunately, many controversies follow the platform’s popularity, such as hacking, exploits and other types of thefts.

However, OpenSea continues to rank top NFTs in the space, continuing to be many peoples ‘go-to’ space when wanting to buy, trade and sell digital assets.

TO CLARIFY

To wrap things up, NFT marketplaces are still highly used and desirable despite the current state of the crypto market.

This list is ideal for those wanting to purchase NFTs quickly and efficiently and to learn about the individual potential each one brings.

So, happy marketplace hunting and NFT buying, selling and trading!

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