If you want to enter into the NFT Craze, an NFT Exchange Platform is your gateway to participating in the purchase and sale of these digitalized assets – from art to music to complete virtual worlds. Think of NFT marketplaces as your Amazon of the digital empire.
Non-fungible tokens (NFTs) provide you ownership of artwork, music, videos, and other online collectibles. They exist on blockchains, the creative technology that underlies cryptocurrencies like Bitcoin.
As the popularity of NFTs has risen, the NFT market has climbed to more than $40 billion in value, according to the 2021 NFT Market Report released by a blockchain data company.
Currently, there are tons of NFT Marketplaces available, and many of them have a clear focus or niche. What should you look for before choosing which one to use, and what are the top Marketplaces out there?
Here’s what you need to know.
Let’s see some of the most popularized and top NFT Exchange platform in 2022 where you can purchase and sell these digitalized assets.
Top NFT Exchange Platforms in 2022
Here are some of the top NFT Exchange platforms in 2022 right now!
- Axie Marketplace
- NBA Top Shot
- CryptoPunks/Larva Labs
- Nifty Gateway
OpenSea is the leader in NFT sales having launched in 2017. Currently, it is the largest NFT Exchange Platform in 2022. It has all types of digitalized assets available on its platform. And it is free to sign up and browse the expansive offerings. OpenSea hosts many widespread NFTs, including art, music, trading cards, photography, and virtual worlds.
OpenSea supports artists & creators. It provides a user-friendly process to create your own NFT (known as minting). The marketplace sustains more than 150 different payment tokens, so the platform’s name is suitable.
For an intro to the NFT world, OpenSea is a significant place to begin. The core cryptocurrencies used on OpenSea are Ethereum, Solana, USDC, etc., In short, OpenSea is a reliable choice for newbies looking to get started with a straightforward marketplace that wants as many choices as feasible for NFTs.
Another NFT Exchange platform in 2022 is Axie Marketplace the video game online store – Axie Infinity. Axies are imaginary creatures that can be purchased and trained. Then it’s pitted against other players, Axies are to earn rewards. On Axie Infinity, Players can buy new Axies, besides entire lands and other items, as NFTs for usage within the game.
Axie Infinity Tokens also called Axie Shards are built on the Ethereum Blockchain. As such, they can be purchased and sold on a variety of other NFT marketplaces. Along with some crypto exchanges such as Coinbase Global.
Rarible is another enormous marketplace for all sorts of NFTs which is similar to OpenSea. All types of art, music, videos, and collectibles, can be purchased, sold, or created on the platform. Nevertheless, Unlike OpenSea, you will need to use the marketplace’s own token. Rarible – to buy and sell on the marketplace. Rarible is developed with the help of the Ethereum Blockchain.
Interesting Factor of Rarible:
Instead of having in-house management, Rarible developed its own native token called RARI. The RARI holders get to vote on company determinations like company policy changes. In 2021, Rarible declared a partnership with Adobe to make it more straightforward to confirm and protect the metadata for digital content, including NFTs. For those that like access to a large network with solid connections, Rarible could be the finest NFT marketplace. At the same time, it also yet follows a decentralized perspective.
NBA Top Shot
If you’re a big fan of basketball, the NBA Top Shot marketplace allows you to buy NFTs of great moments in basketball history.
NBA Top Shot is the National Basketball Association’s incursion into the NFT world. In this NBA Top Shot Marketplace, collectible moments containing video clips, play highlights, and art can be bought from the world’s premier basketball leagues.
A LeBron James slam dunk video brought $208,000 in 2021 February.
The NBA created and drives this NFT marketplace, and they have exclusive rights to these video clips. Additionally, you know that you are dealing with an extensive, reputed organization.
NBA Top Shot is one example of a foremost company reaching on its trend. Another Marketplace contains DraftKings and the Associated Press NFT, even GameStop intends to launch an NFT Marketplace this year.
In the CryptoPunks NFT Project, Larva Labs is the finest known one. They were initially offered away for free back in 2017. But some CryptoPunks have sold for millions of dollars since then. Larva Labs is another digitalized art project going such as Autoglyphs. Moreover, other Ethereum-powered Blockchain app development projects.
Larva Labs CryptoPunks NFTs are depleted, but they can be bid on and bought from various third-party marketplaces. Yet, Larva Labs’ diverse projects are worth keeping tabs on – including the Meetbits, which can be bid on directly from the company’s built-in marketplace.
One of the super high-end NFT Art Marketplaces is SuperRare – which sets itself in the NFT ecosystem as an art gallery. This SuperRare marketplace does not accept “meme style” NFTs and is highly selective with NFT Submissions.
Same as Rarible, SuperRare also includes art, 3D images, videos, and gif, but collectors can buy artwork using Ethereum. SuperRare recently declared its own tokens of the same name based on the Ethereum blockchain.
SuperRare recently declared its own token of the same name based on the Ethereum blockchain. The tokens will be used to find and curate new skills for the marketplace. Like Rarible, SuperRare NFTs can also be purchased and sold on OpenSea.
Nifty Gateway is known for hosting exclusive and expensive NFT Sales, which includes digital artist Pak’s “The Merge”, which sold for $91million. It made headlines when the platform was developed in late 2019 by Gemini. This Nifty Gateway marketplace concentrates on artwork, especially artwork from celebrities and top artists. To improve demand, Nifty Gateway uses an “Open Editions” system. When a new type of NFT arrives, you can only buy editions for a limited time.
This marketplace enables you to make purchases with your credit card. Nifty Gateway could be the way to go if you’re looking to make a massive investment in NFTs and want access to higher-end choices.
Foundation.app was created as a simple, straightforward way to bid on digital art. Sales are made with the help of Ethereum Blockchain protocols. Since the Foundation Marketplace’s launch in early 2021, it has sold more than $100 million of NFTs.
To Start making purchases, Artists are invited to the platform through the Foundation community. Buyers just need a crypto wallet endowed with Ethereum. If you are looking for a quick and most comfortable way to start creating your own NFTs, Foundation assumably is not the most suitable place to begin, but the marketplace has plenty of artwork that can be perused in a simpler format.
In conclusion, this guide has concerned the top NFT Exchange platform in 2022 available to investors today, emphasizing their features and exploring diverse marketplace types. Choosing where to buy NFT tokens for the first time can seem daunting – although if you use the knowledge shown in this blog, you’ll be able to simplify the process significantly.
Zodeak is an enthralling White Label NFT Exchange Platform Development Company, by creating unreplaceable NFTs, we assist clients to arise into new markets, use myriad investment possibilities, and make refined business processes much easier. Our NFT exchange solutions help in tokenizing any kind of assets, using DeFi advances balanced, and converting your business to the next level.
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