Pymnts.com reports that in the final six months of 2021, NFT's total sales volume nearly exceeded $2.5 billion. Unexpectedly, NFT's total sales volume in 2020 was $13.7 million.
This demonstrates the enormous increase in interest in NFT. The existence of a market or location to buy and sell NFT is also essential to the rapid development of NFT.
This article lists several well-known top NFT marketplaces that are important to the volume of sales of these assets.
OpenSea
OpenSea is the first NFT site to launch on the Ethereum blockchain network. It is the largest marketplace based on trading volume and total assets.
The estimated number of assets in OpenSea is almost 4 million, and it supports NFT with ERC-721 and ERC-1155 token standards.
OpenSea's NFT categories include artwork, music, photos, videos, sports cards, domain names, digital collectibles, in-game assets, and more.
Rarible
Apart from OpenSea, there is another NFT site, namely Rarible. It is a decentralized peer-to-peer NFT marketplace that provides users with a seamless NFT trading experience.
Rarible's interface is carefully designed to keep users engaged with the platform.
The Marketplace also displays top sellers and other paid NFT prospects at the top to make it easier for buyers to buy the NFT they want.
Printing NFT on the Rarible platform is very easy, but they do charge a printing fee, and since this is an Ethereum-based NFT marketplace, gas costs can be high when the network is busy.
On the other hand, it is a best-in-class platform for earning royalties on digital works of up to 30%.
Foundation
Foundation is a P2P marketplace that operates exclusively for artwork and digital art creators.
Artists must create a profile and apply it to their Upvote community. Based on the community vote, the app will be verified. It is done with the aim of giving full authority to the creator of the work.
The platform's user base is growing rapidly and has a good volume of transactions. The marketplace interface is black, clear, futuristic, and professional.
SuperRare
SuperRare is a site for NFT trading founded in 2017 that is built on the Ethereum blockchain, which allows users to track the complete history of art.
It is a platform where artists can showcase their exclusive work without fear of being faked.
Artists can use virtual reality and other interactive features to customize their profiles and showcase their NFTs to buyers.
The platform allows content creators to share snippets of their artwork rather than the full piece.
In addition, content creators have the advantage of getting a certain share of every resale with a smart contract.
In this way, the artist is entitled to royalties even after removing the ownership rights.
NiftGateway
NiftGateway was launched in 2018. The NFTs working on this platform are called nifties.
Transactions at NiftGateway are facilitated via credit card. It's as easy as buying clothes or other items with a credit card.
After purchasing nifties, users can decide where to store them: either in their Metamask wallet or in their Nifty Gateway account.
NiftyGateway is also famous for having exquisite art by famous artists such as Kenny Scharf, Jon Burgerman, Trevor Jones, and Cey Adams.
NBA Top Shots
NBA Top Shots is an NFT trading platform owned by the NBA. On this platform, users can purchase NBA special moments in the form of NFT and have them as a digital collection.
Since launching in 2021, sales of special moments have increased dramatically. Due to the trend on Twitter, many NFT moments were traded for millions of dollars. LeBron's drunken video moments even managed to sell for $208,000.
Axie Infinity
Axie Infinity is a digital game that allows online users to upgrade, fight, and collect animated creatures called Axies
Players can own their farms and kingdoms digitally and strengthen their power to collect axions.
Collected axes and owned land can be sold at any time.
This game has become the #1 Ethereum game and managed to attract more than 15,000 monthly active users. As of now, the most expensive Axie has been on sale for 300 ETH.
Axie Infinity's immense popularity among online gamers is credited for making it to the top of the NFT market list in 2021.
Mintable
Mintable is one of the well-known NFT marketplaces that allows users to trade artwork, music, photos, digital collectibles, and other in-game assets. It is known for its gasless printing option, and this feature makes it unique among the crowd.
The platform has three different types of auctions: timed auctions, buy-now auctions, and traditional auctions.
Being an Ethereum based platform, it only accepts payments in ETH and facilitates royalty with a 5% percentage for creators on all secondary sales.
Decentraland
Decentraland is a digital platform founded in 2020. This platform seeks to give full rights to NFT artists and creators.
Their goal is to increase user opinion on policy updates, land auctions, and NFT contracts on Builder and Marketplace.
Decentraland provides users with a wide variety of digital collections such as parcels, wearables, names, and estates. Users can own digital lands and customize them with their creations, including buildings or other architectural sequences.
All assets owned by users will be stored in smart contracts, which are based on Ethereum. Thus, Decentraland is considered the safest and most credible NFT art marketplace.
MakersPlace
MakersPlace is an online marketplace where content creators can protect and sell their artwork. It launched in 2019.
The platform is advantageous because it seeks to eliminate the inequalities that exist when trading digital creations.
The platform claims 15% revenue every time an artwork is sold, and 10% goes to NFT creators every time their artwork is resold.
KnownOrigin
KnownOrigin is one of the world's first and largest NFT marketplaces, built on the Ethereum blockchain.
This platform gives artists a place to create unique, authentic, digital collections in the form of NFT.
This NFT Marketplace works on the Ethereum network and now ranks at #524 in the general dApp ranking by number of users and #18 in the Marketplace category.
Conclusion
In the last six months of 2021, NFT's total sales volume nearly exceeded $2.5 billion. The existence of a market to buy and sell NFT is essential to the rapid development of NFT.
This article lists several well-known top NFT marketplaces that are important to the volume of sales of these assets.
Nift Gateway allows artists to share snippets of their artwork rather than the full piece with a smart contract.
Decentraland is a digital platform founded in 2020. This platform seeks to give full rights to NFT artists and creators.
MakersPlace is an online marketplace where content creators can protect and sell their artwork. KnownOrigin is one of the world's first and largest NFT marketplaces, built on the Ethereum blockchain.
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