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NFT, Trading

he world of NFTs has continued to explode ever since the record-breaking $69 million sale of a digital collage by crypto artist Beeple in 2021. Big names in TV, sports and music continue to get in on the trend: Just look at Mila Kunis, Tom Brady and John Legend, who all have companies that are maximizing on NFT technology. That enough can make people want to buy one for themselves.

he world of NFTs has continued to explode ever since the record-breaking $69 million sale of a digital collage by crypto artist Beeple in 2021. Big names in TV, sports and music continue to get in on the trend: Just look at Mila Kunis, Tom Brady and John Legend, who all have companies that are maximizing on NFT technology. That enough can make people want to buy one for themselves.

How to Buy NFTs

To buy and sell NFTs, these actions must be performed through NFT marketplaces and usually require cryptocurrency. NFT marketplaces are online platforms for everything involving the sale of NFTs, and are powered directly on blockchain technology to verify the ownership of purchases.

To use NFT marketplaces, you first need to establish a digital wallet to store your cryptocurrency. Digital wallets can be established through platforms like Gemini, Metamask, Binance and Coinbase. Once established, you can then link this wallet to the marketplace account where you plan to buy NFTs.

Today, most NFTs are purchased with ether (ETH), the native currency of the Ethereum network, which can be converted from U.S. dollars on exchanges like Coinbase, Kraken and Gemini.

Unlike bitcoin, which functions mainly as a payment network and cryptocurrency, blockchain networks such as Ethereum and Solana let users build apps that can store personal data and set rules for complex financial transactions. These are called smart contracts, which are digital contracts stored on a blockchain that are automatically executed when certain conditions are met, like when an NFT transfers ownership and the original artist receives royalties.

NFTs are often sold through an auction system where you will put in a bid for the NFT. Some sites like OpenSea offer an option to buy the NFT now for a set price.

20 Best NFT Marketplaces to Buy From

Crypto.com’s NFT marketplace allows users to buy and sell digital collectibles from brands, celebrities and artists like Snoop Dogg, Aston Martin and UFC. Purchases can be made with a credit or debit card, your account balance on Crypto.com or with Crypto.com Pay, using the app or a wallet like Metamask or WalletConnect that supports ERC20 tokens.

Category: Digital art, collectibles

foundation.app

Launched in February 2021, Foundation has hosted NFT sales of the viral internet meme Nyan Cat, Pak’s Finite and work by creators such as Pussy Riot’s Nadya Tolokonnikova and Edward Snowden. Creators’ work is arranged in a grid of cards, with trending auctions at the top of the page followed by featured artists. Works are listed at a reserve price, and bids can be placed for 24 hours, with a 15-minute extension if bids are placed in the last 15 minutes. The platform is built on Ethereum.

Category: Digital art

opensea.io

Founded in 2017 by the software development team of Devin Finzer and Alex Atallah, OpenSea claims on its website to be “the first and largest NFT marketplace.” A On the marketplace, which is filterable by price and rarity, you can find everything from virtual real estate to sound loops from The Weeknd. A stats tab — almost like a stock ticker — ranks sellers by volume, average sale price and the number of assets sold. OpenSea supports the blockchains of Ethereum, Polygon and Klatyn. Buyers can purchase fixed-price NFTs directly from sellers or bid on NFTs in auctions, with an offer record stored in the user’s profile.

Categories: Digital art, music, games, domain names, virtual worlds, sports, collectibles

rarible.com

Rarible is an NFT marketplace where users can mint, buy and sell digital collectibles ranging from gummy bear GIFs to animated videos commemorating sports milestones such as boxer Floyd Mayweather Jr.’s undefeated 50-0 record. The layout is similar to Spotify, with a scrollable stack of columns featuring top sellers, hot collections and live auctions. A governance token known as RARI allows the most active buyers and sellers to vote for platform upgrades and participate in moderation decisions.

Categories: Digital art, photography, music, games, metaverse, memes

sorare.com

Sorare is a cryptocurrency-based fantasy soccer league where users can collect player cards as NFTs and then use them in online competitions. The site has more than 200 licensed clubs, including the teams of Major League Soccer, and all transactions are done in Ethereum. Though users can participate in the fantasy league by purchasing low-cost digital players, exclusive NFT collectibles outcompete others through scoring multipliers.

Category: Sports collectibles

superrare.com

SuperRare is a peer-to-peer marketplace for buying and selling single-edition digital artwork. A tile of windows similar to an Instagram profile showcases art, list prices, sale prices and timed auctions. The site is home to a curated selection of artists and brands and has features like an active social feed, a calendar of upcoming exhibitions and an editorial page with profiles and artist statements. All transactions are made using ether, the native cryptocurrency to the Ethereum network.

Category: Digital art

async.art

Async allows users to create and collect interactive NFTs. Async Art allows artists to tokenize the individual layers of their art, whether its audio, video or photos. When an artist mints programmable art, they deploy instructions for how their finished media should be rendered.

Category: Digital art, music, video

Axie Infinity

Designed by the Vietnamese startup Sky Mavis, Axie Infinity is a Pokémon-inspired video game, where players collect cartoon pets, battle other players and build farming kingdoms. Characters and land plots are encrypted as NFTs, which can be bought on the Axie Marketplace.

Category: Video games

decentraland.org

Self-branded on its homepage as “the first-ever virtual world owned by users,” Decentraland functions as a self-contained marketplace where users can buy and sell land, estates, avatar clothing and names registered on the Ethereum ledger. MANA is Decentraland’s fungible, ERC20 cryptocurrency token. MANA is burned, or spent, in exchange for LAND parcels.

Category: Video games, metaverse

knownorigin.io

KnownOrigin is an artist-driven NFT marketplace for rare digital art that allows both collectors and artists to trade their NFT art on the Ethereum blockchain.

Category: Digital art

ooksrare.org

The LooksRare marketplace hosts a myriad of NFT collections, composed of various digital art and collectible images to choose from. LooksRare aims to be scalable and community-focused, offering instant payment for creators and future support for buying based on specific traits or full collections. The marketplace also implements a reward system providing LOOKS, a token earned by buying or selling NFTs on its platform.

Category: Digital art, images

magiceden.io

Founded by former employees from Google, Uber and Coinbase, Solana-based marketplace Magic Eden houses over 8,000 NFT collections and hosts the Launchpad NFT minting platform. Magic Eden also currently acts as the “most liquid secondary marketplace” for creators, holding over 90 percent of market share for secondary trading volume on certain blockchain platforms.

Category: Digital art, metaverse, sports collectibles

mintable.app

Backed by Marc Benioff-owned Time Ventures and billionaire investor Mark Cuban, Mintable is a two-sided marketplace for buying and selling NFTs that resembles eBay. Built on the Ethereum and Zilliqa blockchains, the site is integrated with MetaMask, where buyers can set up crypto wallets. Creators have options to mint free “gasless” NFTs, short-run printable series or traditional transaction-based items. Once they’ve set up profiles and loaded their wallets, buyers can purchase listed items or bid on auctions, with winners notified by email.

Categories: Digital art, photography, videos, games, templates, domain names

nbatopshot.com

Launched as a beta by DapperLabs in early 2020, fans can collect and trade NBA- and WNBA-licensed digital “moments” on NBA Top Shot. Released in limited-edition sets or available through open trade on the broader marketplace, moments feature video highlights, player stats and box scores. Collectors can display curated collections, follow their favorite teams and trade assets secured on the Flow blockchain.

Category: Sports collectibles

Nifty Gateway

Nifty Gateway is a centralized U.S. dollar marketplace that works with artists and brands to create Nifties — a branded term for NFTs. Sales are structured around “drops,” in which collections are made available for a limited time. After a drop ends or an artwork sells out, Nifties can be resold through the site’s peer-to-peer marketplace. Nifty Gateway has featured work by artists and brands like Beeple, BD White, Cam Hicks, Forbes and Playboy. Now owned by cryptocurrency exchange, Gemini, Nifty Gateway operates at high volume and includes a discovery page and a log of sitewide activity.

Category: Digital art, collectibles

The Sandbox

The Sandbox marketplace is a video game where players can monetize experiences through the Ethereum blockchain. A cryptocurrency known as SAND functions as the game’s usage fee and utility token. A web-based marketplace lets users upload, publish and sell creations made in VoxEdit, a 3D voxel modeling package, as NFTs. Creations purchased or developed using the editor can be placed on land parcels, thereby altering the game mechanics through scripted behaviors.

Category: Video games, metaverse

ThetaDrop

ThetaDrop is an NFT marketplace powered by the video and entertainment blockchain Theta Network, calling itself “fast, cheap, green.” ThetaDrop incorporates live streaming during auctions and NFT drops, along with tie-ins to live television and cable broadcasts. It launched with the World Poker Tour.

Category: Digital art, images, music

resource: builtin

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