What are the most popular marketplaces to know about when looking to buy NFTs?
From art to memes and sports collectibles, the world of non-fungible tokens is full of interesting things. If you’re a fan of any of these items, there are plenty of places where you can get them.
But for those who don't know where to look, finding the NFT marketplaces can be a bit tricky.
This guide will show you the top places to look for NFTs. Let's go!
Where to buy NFT’s: Top marketplaces of choice
Atomichub
Atomic was originally developed by Pink Network — a group of blockchain enthusiasts active on the WAX and Proton blockchain. AtomicAssets is powered by the Eos blockchain technology that uses Alcore Exchange to trade currencies and Atomic Hub Marketplace as the platform to buy and sell NFTs.
Atomic asset was first launched in February 2020 and the Atomic Hub Marketplace for NFTs was launched in June 2020. At the date of writing this article (12/21/ 2021), Atomic Hub claims that over 83.9 million NFTs have been created on their platform.
Atomichub.io is home to many personal brands such as Kenn Bosak and his Bro Bro,s Music nft projects like Yoshidrops and JAXonWAX , metaverses like The Uplift World,, businesses and even name brand NFT projects like Hasbro, Hotwheels, Bratz and of course we can’t forget our very own S.D.P Owls . Waxp is the native currency for Atomichub and our number one favorite blockchain for many reasons which ill name a few:
Limited fees and costs to purchasing, minting, or trading NFT’s unlike many of the other platforms “gas fees” or TX fees are almost non existent. Wax has a great community, The wax community is very supportive and built by many caring and unique individuals that encourage and support each others projects, individuals who find ways to collaborate in order to build value in the overall community. lastly, wax continues to innovate towards interoperability between other blockchains which in our opinion promises a bright future for the undervalued most misunderstood blockchain.
OpenSea
OpenSea was founded in 2017 by software developers Devin Finzer and Alexander Atallah. As of October 2021, there are more than 300,000 users of OpenSea, more than 34 million NFTs, and more than $4 billion in trades, making it the largest marketplace for NFTs.
You can discover everything from virtual property investment to sound loops from The Weekend on the marketplace. Plus, they can be filtered by price and sales status. You can also see how many people are selling NFTs and how much they are selling them on a stats tab that looks a lot like a stock ticker.
To acquire fixed-price NFTs directly from vendors or bid on NFTs in auctions, users must have wallets containing ether, USD Coin (USDC), Dai (DAI), and more than 150 additional payment tokens installed. A great perk to the Opensea marketplace is that you can access multiple blockchains and view your NFT portfolio. For example if you wanted to buy a Seasol NFT on Solana and turn around and buy a MintMoney NFT on Polygon, you could go into Opensea logged into whichever respective wallet and view them.
Rarible
Rarible is another marketplace where users can make, buy, and sell NFT’s avatar projects, or items in some of these blockchain games.
Rarible is in the process of transitioning to a decentralized autonomous organization (DAO) and will soon be regulated by the same standards as Ethereum. This will allow for permission less public usage. Customers and sellers may vote on platform updates and moderation decisions using a token known as RARI.
SuperRare
SuperRare is yet another popular NFT marketplace where you can buy any type of asset, including art, music, films, and other kinds of NFT products. Artists may use SuperRare's smart contract technology to distribute limited-edition digital artwork monitored on the blockchain, making them unique and valuable.
In addition to acting as a link between traders, it impacts the market by providing an incredibly smooth and responsive NFT minting medium that is significantly more efficient than the traditional old minting tactics. SuperRare was one of the first markets to embrace the practice of marketplace minting.
As a tokenized collectible, each artwork is genuinely generated by an artist in the network. It is an invitation-only site that only accepts a limited number of users. As such, NFTs may be minted exclusively by those creators who the company has authorized.
SuperRare has a market valuation in the hundreds of millions of dollars, and the platform is becoming more efficient as a result of this. In order to build a positive medium in the crypto age, SuperRare intends to embrace and launch a wide range of open APIs and wallets. This has the largest impact on increasing the efficiency of the marketplace.
Nifty Gateway
Nifty Gateway has helped prominent digital artists like Beeple and Grimes sell their work to a wider audience. It is a platform for curating art that is backed by the cryptocurrency exchange Gemini (run by the Winklevoss twins). The NFTs, sometimes known as Nifties, are created on the Ethereum network.
Additionally, Nifty Gateway hosts any acquired NFTs, which means that the NFTs aren't held in your wallet but are stored by Nifty Gateway and Gemini. Nifty purchases and sales may also be conducted in fiat money (e.g., U.S. dollars) without making a cryptocurrency purchase first, which may not be ideal for NFT collectors who want greater flexibility in their art investments.
Decentraland
Decentraland is entirely based on the imaginary world known as the "METAVERSE," Decentraland offers an open universe that is almost identical to the actual world in terms of functionality. Users of the Decentraland platform may use cryptocurrency to purchase assets, land, and other goods. The proposal was first attacked for being aware of the effect and influence it would have in the crypto world.
With a value of more than $6 billion, this platform is currently the largest monopoly in the crypto market. Based on alternative verse, the platform is seen as a forerunner of what we are now seeing in the crypto market. Although projects are popping up every day in competition, they still hold the crown.
Axie Marketplace
This NFT marketplace offers a unique perspective on blockchain gaming assets, differentiating it from other NFT pioneers while still being a premium NFT marketplace. Axie Infinity is one of the largest cryptocurrency platforms on the market, focusing only on video game assets. The platform was able to store approximately 270 million tokens on the network, a significant feat.
The success of Axie Infinity is largely due to the uniqueness and futuristic nature of its assets, which have been embraced by gamers and cryptocurrency fans alike. Additionally, the assets are more responsive, and the platform has a more appealing user interface. These are fundamental aspects of the NFT market. Furthermore, Axie Infinity provides a platform for people to collect and trade items.
Things to look out for when looking for what platform to buy an NFT.
As with anything crypto, the NFT market is filled with opportunists and scams looking to rip you off . While some stage actual rug pulls, others sell collectibles that offer zero utility to you as an owner.
As such, here are a few things to keep in mind when looking for where to buy NFTs:
1. DYOR do your own research.
As much as we'd love to tell you that there are no scammer sites or shady people involved in the NFT space, the fact remains that there are scammers everywhere. You should always check reviews and feedback from community members and current holders before purchasing.
2. Check the price history.
A lot of NFTs have been sold at ridiculously high prices over time. If something looks too good to be true, then it probably is.
3. Do your due diligence.
Just because someone says they've got a great deal doesn't mean they're legit. Make sure you know what you're getting into before parting with any currency.
4. Don't fall victim to pump and dump schemes.
These are common scams where a group of bad actors will get together and create a fake community around a particular project. They'll then start pumping up the value of that project so that they can make a quick profit when the coin crashes back down again.
Conclusion
The future of blockchain technology is bright and cryptocurrencies are becoming increasingly popular, Artists are finally being paid and appreciated, musicians are taking control of their royalties and works thanks to DAO’s like MetaJax and more and more companies are starting to accept them as payment options thanks to companies like Smart Digital Payments.. As such, the NFT market is set to become much larger than it already is. If you're interested in buying NFTs, now is the perfect time to jump in!
anyone needing assistance with creating their own NFT project and don’t know where to begin, visit Meta-builders.com
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Nice article about where to find NFTs.