Which are the largest NFT marketplaces?
Once we know the basic differences to decide the ideal type of NFT Marketplace for each buyer, it is best to know some of the best positioned platforms. This is the top 2021 of the NFTs marketplaces.
OPENSEA.
It is undoubtedly the leading platform in NFT, with more than 200,000 monthly operators and a sales volume that in August exceeded 3,500 million dollars.
In addition to the great size of this platform, other advantages are the low cost of its transactions, personalized royalties for artists, support for ERC-721s / ERC-1155s. Its possible disadvantages are that Open Sea is not a decentralized marketplace, and its rate is 2.5%.
The leadership of OpenSea is further explained in that it offers artists a wide variety of alternatives to publish their works of art through a process called “Lazy Minting”, where the creation of the NFT is free after paying a one-time transaction fee.
On the other hand, buyers and collectors in each transaction pay a commission of 2.5%, which is the average in all markets.
As in most NFT markets, it is not possible to buy NFT with current currencies, and it is necessary to do it from cryptocurrencies, OpenSea has a wide range of wallets available.
Lastly, by not being decentralized, there is a constant concern that the market could eventually be manipulated.
NFT SUPER RARE
This is a Marketplace dedicated to works of art, born in 2018, it carries an approximate of $ 90 million in NFT art sales, this platform has more than 1400 artists.
Because of its specialty, SUPER RARE has the list of the world’s most important NFT collectors, who have gathered the best-selling NFTs of all time.
The careful curation of the platform, as well as the support for artists and vendors, is reflected in its commissions for it, which amount to 15%, one of the highest quotas in the market.
Soon Super Rare will launch its version 2.0 where it introduces the $ RARE token, which is the platform’s attempt to decentralize its market.
FOUNDATION NFT
Another NFT marketplace leader, offering a wide range of art to its collectors, and recently allowed the minting of 3D artworks in NFT.
This platform, which was born in February 2021, has an interesting transaction dynamic. Also have limited access to invitations that can only be made by artists after selling a work; the sale of these NFTs is triggered whenever a collector hits the reserve price, after which a 24-hour auction begins that is often interesting to watch.
RARIBLE NFT MARKETPLACE
Founded in 2020, this gigantic platform that among some of its distinctions, works in a completely open way. As a decentralized DAO where the community participates directly to provide direction to the platform. Rarible uses the $ RARI token that compensates creators and collectors for NFT transactions.
It is a highly specialized NFT marketplace, where the best creators launch NFT Campaigns limited to the public, and which also allows buying with USD.
This platform was created in 2018.
It is an NFT Marketplace born in 2020, in which it allows its users to create, collect and exchange programmable art, this means that NFTs can evolve over time and react to their owners.
The ASYNC ART system is characterized by an interface that allows collectors to update their NFTs through a layer system that gradually modifies the original piece.
Mounted on the Tezos blockchain, $ XTS, this NFT marketplace enables fast and affordable transactions that compete with current gas rates on Ethereum.
HEN is a highly recommended NFT marketplace to start in this digital asset sector, the platform provides artists with the ability to customize their profiles and collect artwork for a fraction of the cost on other platforms.
HEN is a sustainable, inexpensive way to get involved in the NFT world, however, the handling of its interface requires a certain technical level on the part of the user.
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