Top 5 NFT Marketplaces
Marketplace is an e — commerce platform that sells goods from companies and acts as an intermediary between buyer and seller. In some cases, marketplace offers customers its own goods, and not only other suppliers of products. The first marketplaces date back to the 1990s (Amazon).
With the advent of cryptocurrencies and NFT, new types of marketplaces based on blockchains were born. OpenSea is considered the first NFT marketplace. It started its work in 2017.
By their basic structure, NFT trading platforms have little difference from standard trading platforms. You can also buy or sell goods on them, but only in case this is NFT content. In addition, they offer a variety of tools so that users could create an NFT on their own.
Now the author can put up his NFT product on trading platforms, set a price and sell it. In turn, the buyer looks through the catalog of the trading platform where the NFT is located, or simply follows the link leading to a specific store and purchases what he needs.
Due to the fact that the blockchain is at the heart of any NFT marketplace, they combine several functions at once: an online store, an auction and a platform for issuing NFT. At these sites, you can purchase and put up for sale a large number of unique works at any cost. Some copies cost tens of millions of dollars.
In many ways, the explosive growth in the popularity of NFT objects was first due to the fact that they were sold by celebrities from the world of show business.
At the moment, there are many NFT trading platforms with multibillion-dollar turnover on the market. Among them there are the most popular among users.
Top 5 marketplaces
As a criterion of popularity, experts have highlighted the simplicity and convenience of the interface.
It sells photos, music compositions, games, meme tokens. Is based on the Ethereum blockchain. The interface is simple for all users. The Rarible NFT marketplace accepts several assets as payment for purchases and sales — from ETH and RARI to DAI and ATRI.
4. NBA Top Shot
This marketplace has an official license from the NBA. On it, you can purchase a variety of cards that display the game moments of basketball games. The marketplace was created on the FLOW blockchain. Several tokens are used as tokens for purchase and sale — from FLOW to ETH and DAI.
3. Larva Labs
Is based on the Ethereum blockchain. Basically, 3D characters and pixel images are implemented on it. To purchase items, you must first connect the MetaMask cryptocurrency wallet, and only then you can make purchases. There are no fees on the platform. ETH is used as tokens for the purchase and sale of objects.
It is considered one of the busiest trading platforms. A variety of NFT objects are presented here — from musical compositions to classical images. You can register on it very quickly.
It works on the basis of several blockchains — Ethereum and Polygon. ETH acts as a token for purchase and sale. Supports a large number of audio and video formats. There is a small fee to be paid when the NFT is first published.
1. NFT BitTeam
NFT BitTeam is based on the BitTeam platform. Until recently, it was a simple and convenient P2P platform where cryptocurrencies are purchased and sold. The number of new customers is constantly growing, as well as sales turnover.
In order to support the company’s growth and attract even more users, an NFT marketplace was created on the DecimalChain blockchain.
The main distinguishing feature of the NFT BitTeam marketplace is an extremely simple and intuitive interface. Unlike all the above-mentioned NFT platforms, NFT BitTeam, according to the overwhelming majority of customers, is very convenient for navigation. Even a beginner will be able to quickly understand the NFT BitTeam interface and acquire valuable and unique NFT objects.
Everyone can put their own NFT up for auction on the marketplace, purchase NFT objects. Due to the DecimalChain blockchain, you can create an NFT using a smart contract, and then sell it on the NFT BitTeam marketplace. It has all the necessary functionality for trading, including the NFT rating system, advanced settings of authors’ pages, and so on.
NFT BitTeam also has a special exhibition hall where each of the authors can show their collections to other users.
The developers plan to expand the functionality of the marketplace: in particular, augmented reality will be involved. New updates are also expected which will be presented in the NFT BitTeam roadmap.