There are many NFTs and NFT Marketplaces around Web3 in today’s day and age. But what are the top NFT Marketplaces to create, buy, sell, or trade in 2023? Let’s check them out!
What Are NFTs?
NFTs are digital assets that are one of a kind. As the name suggests, the Non-fungible Tokens have a specific and limited number of copies to be minted and bought. So, do you know where to shop yours from?
These NFTs are either images or photos, digital art, a videos at times. They can also be music/audio files and literary pieces.
An NFT Marketplace is where you can buy an NFT. These Marketplaces are responsible as brokers between NFT sellers and NFT buyers.
If you own an NFT and want to trade in yours – you can do that too!
So, having understood a brief on NFTs and NFT Marketplaces, let’s check out the Top 8 NFT Marketplaces for you in 2023!
Our Top 8 NFT Marketplaces are Binance NFT Marketplace, OpenSea, Ghost Market, Crypto.com, HoDooi.com, CryptoPunks, Sorare, and NBA Top Shot!
Binance NFT Marketplace
Ruling at our #1 position, the infamous Binance Network is a DEX. It is known for its ease of exchanging cryptocurrencies. The DeFi-based blockchain launched its NFT Marketplace in June 2021. Within 28 months, this network has a massive collection that you can trade within the BNB blockchain.
Consisting of more than 200,000+ collections and the cheapest rates to exchange/trade/buy NFTs, the NFT Marketplace by Binance is one spot every NFT trader would recommend at some point!
Open Sea
Open Sea is one of the earliest NFT Marketplaces that came out to the world in 2017. The DApp functions and facilitates the exploration, collection, buying, selling, and trading of NFTs in 3 blockchains! The ETH chain, MATIC chain, and KLAY chain.
The Marketplace allows you to view collections over various topics such as Music, Art, Utility, and more.
Ardent NFT lovers can access their Drops site to keep updated with the latest NFT collections dropping on the platform.
Another great thing about Open Sea is how easy it is to access and work with the platform. They have introductory tutorials explaining all about NFTs, Web3, and blockchain, and it’s working, so you can get your hands on the latest NFTs soon!
FACT: OpenSea, unlike other platforms, does not impose a fee to mint NFTs.
Ghost Market
Ghost Market is known for its poly chain operability. It functions and supports six blockchains at the time of writing: Phantasma, Neo N3, BSC, Ethereum, Polygon, and Avalanche.
Collections on this platform come from far and wide including native collections from NEO and other artists. The platform updates its NFT collections weekly. Thus giving all NFT enthusiasts something to look forward to every weekend!
All the more, this is a great marketing tactic to keep your customers on their toes and make them want something more than they need to desire!
Crypto.com NFT Platform
The Crypto.com NFT platform is obviously on our list for favorite reasons! This platform is an all-in-all DEX that aids and facilitates NFTs and NFT collections for collectors.
In addition, it provides DeFi services too. Such as wallets, a web extension, and services to take your business to Web3 regarding transactions. It can handle cryptocurrency exchange too!
But most of all, the ease of handling crypto tokens and non-fungible ones from the same place make this NFT platform something to look out for in 2023!
FACT: Each NFT is unique and has a digital signature that proves its authenticity and ownership on a blockchain, a secure network of computers.
HoDooi.com NFT Marketplace
HoDooi.com is an Art & Collectible NFT Marketplace that is a space for global artists to share and mint NFTs of their digital art.
However, the multi-chain NFT space is known to have a high commission rate of up to 15% while ensuring ease of operation for newbies and masters of NFT Marketplaces.
Whether you are a digital artist or a newbie, come over to HoDooi.com to create, mint, collect, and sell your NFTs. You can resell NFTs in a bid too.
CryptoPunks Marketplace
The Punks have been around for quite some time now. The NFT Marketplace entered Web3 in 2017. All NFTs in the platform take birth from a special algorithm, thus making them ‘Crypto Punks‘ with their punky style of spiky hair, sunglasses, smug look, and outfit that screams “DANGEROUS”.
However, you may find a mix of Apes, Zombies, and Aliens every once in 100 Punk NFTs. And the bids are denoted with color backgrounds so you know what’s available from whom.
Moreover, all bids and sells occur as smoothly as butter when you have an Ethereum wallet because most of the NFTs come from ERC – 721 standard.
But, one must beware that the commission for the sale of the NFT depends on the blockchain and the marketplace you choose to shop at. You can buy the NFTs either through a credit card or ETH.
FACT: Most NFTs exist on Ethereum.
Sorare Marketplace
Sorare is a 2018 Marketplace for NFTs in the gaming category. It is famous for its 0% commission and runs on the Ethereum blockchain.
The collections consist of Sports, Trading Cards, Gaming Assets, and more from various sports such as Baseball, Basketball, and Football.
Moreover, the platform deals NFT cards to avid NBA, MLB, and over 200+ football clubs.
Apart from being spoilt for choice, this is not only a one-stop NFT shop for sports buffs, and provides a contest where the collector can enter and play in plenty of competitions!
NBA Top Shot
After a look at Sorare, an ardent NBA fan might still want an NFT Marketplace solely dedicated to the game. Given its history, legacy, and the legends from teams down generations, there are bound to be avid fans and collectors who appreciate a genuine space for their love.
Moreover, the NBA Top Shot NFT Marketpalce caters to that by providing NFTs of NBA clips of the GOATs – Greatest Of All Times – the dribbles, dunks, and slams.
Furthermore, the sale of NFTs is in 4 tiers: Common, Fandom, Rare, and Legendary. Each is more valuable than the other. The Video NFTs, known as ‘Moments’ can bring you more collectibles when one uses them on a challenge present within the platform. Thus enabling the NBA community to experience the ultimate fan experience in web3.
In addition, the ‘Moments’ get issued in the Flow Blockchain, and payments are through cards or cryptocurrencies such as ETH, BTC, & DAI with a commission of 5%.
FACT: The Success Kid meme sold for 15.00 ETH ($32,355.75)
Summary
NFTs are sold at specific NFT marketplaces that are home and exhibitions to NFTs and their collections. An avid fan of a sport or art can buy an NFT and support their club/ fandom.
Moreover, people also buy NFTs as an investment in the future. Especially for the artistic value they hold, apart from being limited in number to own.
However, there are many NFT Marketplaces to shop an NFT. Some marketplaces deal NFT with specific categories such as Art or Sports. Some have a high commission rate while some have none. So, it is good to know which NFT Marketplaces would fare well in 2023.
Our top 8 NFT Marketplaces are Binance NFT Marketplace, OpenSea, Ghost Market, Crypto.com, HoDooi.com, CryptoPunks, Sorare, and NBA Top Shot!
That’s our list of top NFT Marketplaces for 2023. Get to know your Top 10 DEXs for 2023 now and find out which DEXs also doubles as an NFT marketplace!
Let us know what you’d like to read next in the comments below!
