Which marketplace you choose should be based on your personal needs. Some specialize in certain types of NFTs such as gaming. Some are open to most every type of NFT. These marketplaces earn their money through fees and royalties which can fluctuate so we will not be including that data in this list.
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Here are some of the more popular marketplaces for NFTs.
- OpenSea.io is the most popular and by far, the largest marketplace platform to buy and sell NFTs. It uses the Ethereum blockchain. It offers both buy it now and auction style buying and selling. Payments are made with Ethereum Tokens called ETH.
In addition to its easy-to-use dashboard, it supports a variety of NFTs and offers a huge number of payment token options. OpenSea costs nothing to sign up and browse through the available digital assets so use it to get a feel for how others are listing their products. As we mentioned in the guide, you only pay once you’re ready to mint your NFT.
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Mintable is an open NFT marketplace on the Ethereum blockchain. It’s very similar to OpenSea. Anyone can choice and it’s pretty easy to use so it’s great for beginners.
Mintable supports all types of art, music, audio, video, games, collectables, and more. Unlike many of the other marketplaces, Mintable has a gas-free minting option. It offers timed auctions, standard auctions, and a buy it now option.MakersPlace is a great place for artists, writers, and photographers who already have a decent sized social media following. As with OpenSea, it resides on the Ethereum blockchain and uses
ETH for buying and selling. MakersPlace also offers an escrow service and allows for credit card payments for secondary sales which can be nice.
As part of the registration process, you are required to follow a certain number of existing artists. You’ll also need to request an invitation to join the platform. This can be done directly on the site.
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NBA Top Shot Marketplace is where you’ll find those NBA collectible moments and highlights video clips we spoke about in the Insider’s Guide. This marketplace was built by the National Basketball Association and therefore is considered a closed marketplace, meaning you can only buy and sell these collectables on Top Shot. It also has its own blockchain. Signing up is easy as Top Shop links with your Google account.
Rarible is another good marketplace for all sorts of digital assets. It is hosted on the Ethereum blockchain, but they also have their own tokens called RARI that one can use to buy and sell on the marketplace.
If you visit the site, you will see some creators and collectors showcasing “Verified” badges. These creators have submitted proof of authenticity for their work to receive the verified badge. It’s not too hard to earn this badge, but there are some steps you have to follow to do so.
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- SuperRare is all about CryptoArt. The developers consider it a social platform as it is more heavily curated than some of the other platforms. SuperRare uses the Ethereum blockchain.
One important thing to note about SuperRare. They focus on quality over quantity and work so work has to be submitted for approval prior to being listed in their marketplace. They also require artists to submit application for review before being accepted or denied joining. In our research, we found a few resources suggesting it’s fairly difficult to be accepted on this platform, so you may want to use other sites to start with and save SuperRare for when you have a rockin’ portfolio and a large following.
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Foundation.app is a newer marketplace that has gained a lot of popularity. Similar to SuperRare, Foundation is community-curated which means existing creators and collectors invite new artists to join. You can learn more about their invite system here. While it may not be the best platform for a beginner, if your art is wow-worthy and you can gain community awareness, you’ll have a much better chance at obtaining an invite.
Nifty Gateway is a premier marketplace that focuses on top artists, celebrities, musicians, and brands such as Eminem, Cey Adams, Grimes, Paris Hilton and more. As with many others in our list, it’s built on the Ethereum blockchain and the NFTs are known as Nifties.
Artists can invite other artists to join but the vetting process is said to be tough. You can also get in by participating in the Community Upvote where your work is ranked by community votes. So, like SuperRare, this may be best for those who have unique, top-quality work.