NFTs or non-fungible tokens may be the most exciting and simultaneously bizarre phenomenon that has happened this decade. Many of these indivisible blockchain tokens have already been sold for unseemly amounts of money and many people make money by investing in NFTs.
NFT marketplace is a place to trade, buy, and sell NFTs. Not only buying and selling, but sometimes some marketplaces also provide NFT minting services. If you need to buy or sell NFTs you should use NFT marketplaces. To use an NFTs marketplace, you need to create an account on the specific marketplace to buy or sell your NFTs. Then you must select a wallet compatible with the NFT-enabled blockchain network, to deposit your wallet with a certain amount of crypto before buying or minting NFTs. In addition, you need to find out what kind of cryptocurrencies are supported by the marketplace of your choice.
It seems easy but while OpenSea, Rarible, and other well-known NFT marketplaces have dominated the NFT market so far, their various problems are leading users to seek out alternatives. For instance, one common complaint with OpenSea centers on its high fees. 2.5% of the final sale value for every NFT sold goes straight to OpenSea.
Interestingly, the most expensive NFTs were not sold through the most popular NFT marketplaces, which are Rarible and OpenSea. Beeple’s collections were sold on the little-known Nifty Gateway. Other expensive NFTs are mostly sold within other platforms like Larva Labs, Axie Marketplace, etc.
Let’s take a look at some solid choices worthy of bookmarking in the crowded NFT marketplace.
KnownOrigin
KnownOrigin gives prominence to digital art. It provides the most curated, the best-of-the-best artwork – attracting the cream of the society whose taste buds activity for art and art only.
The long vetting process on this platform for creators helps curate fine quality artwork, and one need not search elsewhere to find them.
SpaceSwap NFT STARS
Sleek, pleasant, unique, and space-themed platform! Unlike many other creators, SpaceSwap uses NFT sales to further fund important DeFi innovations and to fulfill an ambitious roadmap. Their main aspiration is to become the go-to station for the entire DeFi ecosystem.
Note! DeFi means decentralized finance systems that offer financial instruments without relying on intermediaries such as brokerages, exchanges, or banks by using smart contracts on a blockchain.
SuperRare
SuperRare markets itself as a social network. Developers pride themselves on being an NFTs marketplace with an interface that is easy to navigate.
To sign up to access this platform you should use MetaMask or Formatic wallets.
SuperRare is not restrictive in terms of what creators can portray in their work, including nudity.
LooksRare
LooksRare is a platform that takes direct aim at OpenSea’s business model. This NFTs marketplace attracts users through a combination of a token airdrop and trading rewards. It has outpaced OpenSea in raw trading volumes almost every day.
LooksRare's motto of “by NFT people, for NFT people,” emphasizes decentralization and community involvement. The platform offers users a cheaper, more streamlined experience with the ability to earn through NFT purchases.
CryptoSlam
CryptoSlam is an aggregator that helps you to get an overview of the sales of each NFT by the Item, creator, volume, number of buyers, etc.
If you need the particular NFT series, you can select it from a list. All the NFTs you’ve ever heard of are there.
As we mentioned above, you need to deposit your wallet with a certain amount of crypto before buying or minting NFTs. Where can you buy cryptocurrency without wasting time? Crypto exchanges allow you to buy coins quickly and safely. You can use Google to find a crypto exchange or visit the well-known crypto exchange from Switzerland https://evblock.com/