NFTs are getting popular, and people from many industries are getting themselves into the world of NFTs. The world has also started to live with digital collectibles. Even in its younger stage NFTs are making a huge revolution by providing all the necessary things needed for both the creators & collectors.
In this blog, we will discuss about the Top 7 NFT Marketplaces which will make NFTs better in 2023 & beyond.
Before getting into the Topic let's have short info about the NFT Marketplace
What is NFT Marketplace?
NFT Marketplace is a platform where users can buy & sell non-fungible tokens. Generally, a digital creator can list their NFTs in the Marketplace by minting them into NFTs and can sell them to collectors. NFT Marketplace is of two types one is open-type & another one is exclusive-type NFT Marketplace.
- Open-type NFT marketplace will contain all types of NFT collections for buying & selling.
- Exclusive-type NFT marketplace will allow only certain types of NFTs.
For enrolling into the NFT Marketplaces users will need non-custodial wallets.
Hope you got a basic knowledge about NFT Marketplace, Right? So, let's now move on to the top 7 NFT marketplaces
Top 7 NFT Marketplaces 2023
1. OpenSea NFT Marketplace
OpenSea is one of the largest NFT marketplaces in the world. The platform reached higher heights with its perfected trading volume of the platform. In the openSea marketplace, users can purchase, mint & sell a wide range of NFTs. OpenSea platform offers digital arts, music, cards, collectibles, virtual world assets & much more. Let's check out some basic offerings from the platform:
- The OpenSea NFT marketplace is built on the Etherium Blockchain.
- It is also spreading its wings by collaborating with the Polygon which results in lesser gas fees.
- The platform offers around 700 NFT projects with a spectacular number of 80 million NFTs.
"Now the OpenSea platform has more than 600,000 registered users which can grow more in 2023"
The above-mentioned factor alone can make Opensea one of the top NFT marketplaces.
2. SuperRare NFT Marketplace
SuperRare is also one of the well-known NFT marketplaces. SuperRare nft marketplace is also based on the ethereum blockchain. SuperRare is a platform that deals specifically with original digital arts. This nft marketplace will only allow a selected number of artists.
Users can buy the listed digital arts as their digital collectibles in the form of NFTs. Superrare is the NFT marketplace that motivated the digital art NFTs culture which we are experiencing till now.
"Anthony Hopkins an Oscar award-winning actor who released 1000 unique NFT arts which sold within less than 7 Minutes"
Superrare has very particular approval tactics before listing digital art for sale or auction. The superrare is powered by the creativity of the collectors which results in satisfying NFT digital arts for the collectors. The Superrare is not like the Opensea platform, since superrare is an exclusive platform.
3. Rarible NFT Marketplace
Rarible is a community-based NFT marketplace that deals specifically with NFT art sectors such as music, art, books, etc.
This platform also offers a wide range of NFTs for its users to buy & sell. Rarible has an optimized user interface that allows users to mint, buy, and sell NFTs easily. This platform has a unique nft-marketplace factor that it runs based on 3 different blockchains namely
These multiple-blockchain features allow the users from these 3 different blockchains can buy & sell NFTs which results in a more friendly manner. Users can also create their own NFTs on this rarible platform. Currently, the rarible has around 1.6 million users with a trading volume of 274 million.
4. Binance NFT Marketplace
Binance nft marketplace platform is created by the world's largest crypto exchange platform Binance. This platform works on its own Binance smart chain. The Binance platform supports all types of NFT collections for buying and selling. The major advantage of the platform is it already has a wide range of audiences around the world. The process of auction or selling of NFT happens in a really quick manner because of the large number of users. Even the famous football player Cristiano Ronaldo has listed his first CR7 NFT in the Binance platform which also created great ROI for the platform.
5. Nifty Gateway NFT Marketplace
Nifty gateway is one of the best NFT marketplaces in the digital universe. It was founded in 2018 by Cock foster twins. This platform works on the ethereum blockchain which allows users to buy, and sell NFTs exclusively on the artwork categories. This Nifty platform has one of the most strict verification processes for authenticating the creativity of the art. Hence the Nifty nft marketplace platform is known for high-rated verification systems when compared to other platforms. This platform also has a unique feature that users can buy NFTs using their credit cards. Processes in this are also very easy, you can store your NFTs in your private wallets or on the platform.
6. Decentraland NFT Marketplace
Decentraland is an NFT marketplace & play-to-earn gaming platform too. This platform was also developed on the ethereum blockchain. This platform allows one to take full control over their work. In the Decentraland marketplace, users can get complete access to the digital assets of the gaming platform. The token used for trading on this platform is called MANA.
The NFTs of decentraland can be bought & sold over both decentraland & Opensea platforms.
7. Solanart NFT Marketplace
Solanart is the recently launched NFT marketplace, yet it is also on the top marketplace lists. This marketplace works on the Solana blockchain. Users can mint, buy, and sell NFTs which are developed in the Solana blockchain. Even though it is fresh to the NFT universe, yet it has a trading volume of $500 million.
These things made the Solanart NFT marketplace so popular:
Speed: This is one of the major advantages of Solana when compared to ethereum-based NFT marketplaces. The Solanart can handle about 65,000 transactions per second and it can host a 400-millisecond block time, which makes it one of the hyperactive NFT blockchains.
Gas Fee: Gas fees on the solanart platform is very low when compared to other platforms. Creating an NFT on Solanart will cost you around $0.04 & 0.12 which is way lesser when compared to the competition.
Cost of NFT: The cost of NFTs on other platforms is high. But on Solanart it is very low, thanks to its low gas fee.
Those above-mentioned lists could be the top NFT marketplaces in 2023 & beyond depending on the upgrades & features offered by those platforms. Every year we analyze & release some data about NFT Marketplaces, you can also check out the previous year's lists here: Top 10 NFT Marketplaces.
Still, the NFTs are in their younger stage, it will reach their heights in the upcoming days. Many industries like Fashion, movies, and more are producing their products on NFTs, and famous NFT independent artists like Snoop Dogg also using NFT platforms for connecting with their fans in a totally new world.
It could be the right time to join the world of NFT in its very younger stage and can shine in the future world of NFT business by starting your own NFT Marketplace with Bitdeal. As a pioneer NFT Marketplace Development Company we have assisted many businesses by providing our top-notch NFT marketplace services. For more information and clarifications you can contact our team of NFT experts.
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