NFT: For Beginner’s Guide To The World of Non-Fungible Tokens and Cryptoart. A simple step-by-step guide to creating, selling, exchange art and other collectibles ... or online g by Marswood Matt J

Author:Marswood, Matt J. [Marswood, Matt J.]
Language: eng
Format: epub, pdf
Published: 2021-11-21T16:00:00+00:00

Chapter 11

How To Pick The Perfect NFT Marketplace For You?

For example, if I want to buy CryptoKitties that are also limited edition, then CryptoKittyDex is the perfect place for me. If I'm looking for novelty items or unique NFTs, RareBits should be my pick.

The same should go for you. It all depends on your expectations and preferences. Do you want to buy a simple one of the multi-NFT collection? Then find an ordinary exchange with decent prices for buying or selling. Are you patient enough to invest in NFT markets and search for rarities and crypto collectibles? Go ahead and use decentralized apps (Dapps).

Top NFT marketplaces

Here are some of the most popular NFT marketplaces right now.

1. OpenSea

OpenSea is the most successful NFT platform. OpenSea provides a wide range of digital assets on its platform, and it's free to join and look around. It also supports creators and individuals, as well as having an easy-to-use procedure for creating your own NFT (also known as "minting").

OpenSea, a decentralized marketplace for NFTs, is named appropriately. The platform's name is appropriate since it supports approximately 150 distinct payment tokens. OpenSea is an excellent introduction to the NFT world.

2. Axie Marketplace

The online shop for the video games Axie Infinity is called Axie Marketplace. Axies are mythical creatures that may be bought and trained and then pitted against other players' Axies to earn rewards. Players on Axie Marketplace can purchase new characters, as well as entire islands and other goods as NFTs for use in the game.

The Ethereum blockchain is the foundation for Axie Infinity tokens (also known as Axie Shards). As a result, they may be bought and sold on a variety of other NFT marketplaces, as well as some cryptocurrency exchanges such as Coinbase Global (NASDAQ:COIN).

3. Larva Labs/CryptoPunks

The most well-known Larva Laboratories product is the viral CryptoPunks NFT project. They were originally offered for free in 2017, but some CryptoPunks have sold for millions of dollars since then. Other digital art efforts by Larva Labs include Autoglyphs, as well as other Ethereum blockchain-based software development projects.

The CryptoPunks NFTs from Larva Labs are sold out, but they may be bid on and purchased from third-party marketplaces. Nonetheless, keep an eye on Larva Labs' numerous projects, including the Meebits, which can be purchased directly through the company's built-in marketplace.

4. NBA Top Shot Marketplace

The NBA and the WNBA's first NFT project is NBA Top Shot. On its market, collectible moments (video clips and play highlights), as well as art from the world's top basketball leagues, may be acquired.

The NBA developed it as a closed market (you can only buy and sell on Top Shot) with Dapper Labs' Flow blockchain. It's simple to join up and purchase goods right on the marketplace website. Collectible moments may be purchased for as little as a few dollars each.

5. Rarible

Another large marketplace for all types of NFTs is Rarable. The platform allows you to buy, sell, or produce any type of art, films, collectibles, or music. Unlike OpenSea, however, you'll have

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