Art, photo, video, movie, music, etc. Digital data such as NFTs appear as NFTs. With 7 famous NFT markets, investors can shop with confidence with blockchain.
A #NonFungible #token (NFT) is a one-of-a-kind digital data that can only be acquired and owned by one person or organization. Art, photo, video, movie, music, etc. digital data such as NFTs are displayed. NFTs can be verified to secure duplication of items and preserve the uniqueness of digital assets. It also uses blockchain technology to create public proof of ownership.
🟥Is the NFT Market for Art or for Society?
NFTs have been around for a long time but didn't gain popularity until 2021. The NFT market has garnered a lot of attention with the purchase of Christie's Beeple NFT for a record $69 million, and interest is expected to continue to grow.
There are differences between choosing a marketplace and curating art in a gallery. Some platforms specialize in specific media, such as music or photography, while others take a more general approach. Some platforms are exclusive to artists, while others are open to the public.
❗Top 7 Digital Art NFT Markets by Various Factors❗
🟥OpenSea
The #OpenSea market is the first and largest NFT market globally. Surprisingly, ERC-1155 and ERC-721 tokens are supported on OpenSea platform. When an investor buys one of the products on OpenSea, the creator of the NFT receives the royalty for that product. Although OpenSea has had some problems recently, the platform remains popular.
🟥SuperRare
Besides being an artist-friendly platform, #SuperRare provides a good return on investment (ROI) for investors. Every piece of art on SuperRare appears as a digital collection, a digital object that is encrypted and tracked on the blockchain.
🟥Rarible
Just like in OpenSea, all kinds of art exhibited in the market can be bought and sold. Sellers can also make multiple NFTs for the same piece of art and sell it multiple times.
🟥Bakeryswap
Only one MetaMask wallet link is required to sign up for #BakerySwap. NFTs are only bought with BNB because this platform runs on Binance Smart Chain instead of Ethereum.
🟥Nifty Gateway
#Nifty #Gateway is a central marketplace where minting and other activities are controlled at every sale. Every time an artist sells their work on Nifty Gateway, they receive a portion of the proceeds.
🟥KnownOrigin
For NFT lovers, #KnownOrigin promises a more curated, gallery-like experience, like its sister business SuperRare. The site is known only for displaying original and one-of-a-kind artworks. It saves all NFT drawings to IPFS, which provides protection to core products.
🟥Portion
#Portion uses #blockchain technology to connect artists and collectors . Thus, while maintaining transparency, it can easily sell art and collectibles