Top 5 Marketplaces for NFTs
A guide to the top 5 marketplaces for non-fungible tokens.
With the rise of new technology on a daily basis, the technological industry is consistently noticing a rapid evolution. The industry has greatly advanced our understanding of innovations be it in robotics, artificial intelligence, machine learning, or the latest compulsion towards Non Fungible Tokens (NFTs).
Non Fungible Tokens (NFTs) is a type of digital certificate that is becoming infamous for its unique and one-of-a-kind data currency. It notably provides exclusive ownership and certifies digital data or files under a digital ledger, called a blockchain. NFTs are digitally accessible for sale in the form of art, music, memes, or any collectible that can be digitized.
With the recent rise in NFTs, more and more creators are converting their art into NFTs and selling it digitally. Listed below are some of the best marketplaces to create and sell NFTs.
FormosArt
FormosArt helps creators and collectors connect through their secure Blockchain technology. This allows both parties to sell, present, invest and provide ownership for art and other collectibles with complete ease. FormosArt provides easy access for users where they can manage their digital assets.
Anyone can sign up as a user. This allows the collectors to own the original collectible signed by the creator. They have a vibrant range of digital collectibles with new upcoming talented creators.
OpenSea
OpenSea came into the digital market space in 2018 and has paved the path for other platforms, it continues to grow with over 17,000 subscribers. This marketplace is known to be one of the first and largest marketplace for NFTs, it is an online platform that allows digital assets to be created, bought, and sold.
A wide variety of non-fungible tokens are offered on OpenSea, such as art, memes, sports, trading cards, and other collectibles. It features a variety of projects where users can operate their work and create new projects on the blockchain with OpenSea’s minting tool. Users can even list their work at fixed prices, auction it, or create a declining price list.
Rarible
Rarible was launched in 2020, a well established and community-owned non-fungible token marketplace, where the owners award RARI (Raribles own cryptocurrency) tokens to the users to buy and sell collectibles. The NFTs are sold in categories like music, art, photography, memes, movies and more. The platform primarily focuses on digital art pieces, music albums, books, and more. Similar to OpenSea, Rarible also practices the option to mint new NFTs for creators to sell their creations. The tokens created by Rarible can be used on OpenSea as well.
SuperRare
Established in 2017, SuperRare’s platform is popularly known for trading NFTs on the Ethereum blockchain for complete transparency regarding the history of the art or collectible. The users are singly verified and vouched for where they can display their artwork without the fear of counterfeiting. The users are given the freedom to use tools such as virtual reality to customise their personal profiles and exhibit their work to potential collectors. The users can share fragments of their work with buyers instead of the complete piece that attracts more traffic. Users can bid on this platform for any NFT.
Atomic Market
A relatively new and engaging online marketplace, Atomic Market was founded in early 2021. This is an accessible site for creators where users list their assets, and are not bound to immediately upload their work to the marketplace. The asset is put up for sale, then an offer is enlisted after which an offer is made by the collector, and then the offer is accepted.
To learn more about the best NFT marketplaces, check out the links mentioned above.
