Maximize your money by choosing where to buy NFT — Top 22 NFT marketplaces built on different chains
NFT marketplaces are a good place to start if you want to invest in digital assets, collectibles, or art, but there are plenty of other choices. Thus, choosing one that meets your buying and storage requirements based on the sort of NFT you want and the crypto you want to use for transactions, is essential.
Optimize Your Money
To begin, keep in mind that an NFT (non-fungible token) merely symbolizes asset ownership. Before you choose an NFT marketplace, you’ll need to figure out what kind of digital asset you wish to purchase, sell, or create. Anything digital may be tokenized on a blockchain, including the written word, videos, video games, art, collectibles, and so on, so narrowing down your interests is a smart place to start.
Another factor to examine is the type of tokens that a marketplace supports. Some exchanges accept a wide range of tokens. Others are exclusive marketplaces that use a proprietary token. When creating an account on the NFT marketplace, make sure to fund your blockchain wallet with the appropriate coin or token to engage in the site’s activities. Once you’ve created an account, you’ll be invited to link your wallet to the NFT marketplace. Check to verify what kind of security the marketplace has in place, as well as any previous issues. One thing, each marketplace built on different chains will have a different gas fee, you should check it out beforehand to save tons of money. Below will be tips and tricks to choosing a good NFTs project to invest in and 22 different marketplaces built on Ethereum, Solana, and Binance Smart Chain.
Tips & Tricks To Invest In NFTs
The rule of thumb is to always DYOR about the NFT you want to buy, as you should acknowledge that the value of the NFT is not the NFT alone, it’s the project values offered to you. Many elements of a good NFT project to look at but it should be answered by 3 questions:
- Who is this project for?
- Is the community for this project legit?
- What are this NFT project’s utilities?
As stated above, the NFT’s values are not enough, they must be supported by the project, hence, identifying good projects to invest in is vital. There will be some basic measurements for this action:
- Public interest in that art: This can be answered in 3 questions
1/ Can that art style/concept attract a huge fan base? For example, the manga art style is a big trend lately, if that NFT project follows this art style, it stands a chance to approach a large fan base.
2/ Does that art represent its identity well? For instance, the art style itself can be trending but it should be unique in that trend (there are a thousand types of manga representation). Also, the identity of the project should better fit its project’s utilities, not just merely an art being obtained to enter the space but having no actual use case.
3/ Will that art makes the community proud? The art should be consistent in its values, and the project’s functions, and also represent the community feature. If the NFT looks bold, futuristic, and dynamic, it shall exert youngsters’ interest and pride when purchasing.
- The innovation of the NFTs: There are more than 1000 NFT projects built on Ethereum, 800 ones on Solana, and hundreds of other projects on other chains. This fact requires that the NFTs project should bear the innovative traits that help them stand out the most. What could be the use case? Is that NFT is NFT 1.0 or NFT 2.0? The liquidity of the NFT project? Answer all of the needed questions you can decide yourself.
- Total supply: A good NFTs project (besides all of the above criteria) should include more than 7000 unique NFTs and show a clear roadmap of future growing numbers for their collection. This number of supply indicates the long-term vision of the project when it allows a huge number of people can adopt those NFTs, develop a solid fan base, feel proud of their NFT identity, and become a loyal users that will always chase the next NFTs collection from the same project.
- Founding team: The founding team is incredibly important to detect if that NFT project is a rug pull one or not. Therefore, before you put money into any project, please investigate the team behind it. The priority should be (1) Doxxed and active on social media → (2) Doxxed but not quite active on social media OR not doxxed but very active on social media → (3) Least favorite would be a non-doxxed and very inactive founding team on social media.
ETHEREUM (ETH)
One of the most well-known marketplaces for NFT art and antiques is OpenSea. Rare types of art, such as virtual land or pets, can be found on the NFT platform. OpenSea now lets you buy NFTs with a variety of virtual currencies, including ETH and DAI.
LooksRare is a community-driven NFT marketplace with a rewards system. To receive rewards, either buy or sell NFTs.
Gem lets customers acquire NFTs from many NFT marketplaces in one transaction, using any ERC-20 token instead of just Ethereum. Users can also access metrics for NFT collections, such as sales volume, floor pricing, and rarity-based ranking.
Foundation is a collection of numerous sorts of NFTs with multiple shadows. It is based on the Ethereum blockchain network and supports it so NFTs based on Ethereum can also be listed on a variety of marketplaces.
X2Y2.io is an NFT marketplace with the mission of creating a completely decentralized NFT market and redistributing it to the community. The smart contract, frontend, and backend of the marketplace were all created independently.
Genie shows listings from all major marketplaces so you can discover more in fewer tabs. Genie lets you quickly buy, sell, and sweep across marketplaces, all in a single transaction.
SuperRare is an NFT store based on Ethereum that features a wide choice of high-valued collectibles or art. The platform’s user interface features vibrant GIFs and real-time auctions.
Rarible is a community-driven NFT platform built on the Ethereum blockchain (ETH). You can buy, sell, and mint a variety of digital art and collectibles on the platform.
Wearables, estates, names, and other digital assets are available on this NFT marketplace. In Decentraland, you may purchase and sell virtual lands, customize them, and save them in an Ethereum-based smart contract.
TokenTrove is a marketplace for ImmutableX blockchain assets, comparable to OpenSea, which is a marketplace for Ethereum blockchain assets.
SOLANA (SOL)
Magic Eden is a decentralized NFT platform that allows users to purchase, sell, and exchange unique digital assets. It is based on the Solana blockchain and allows people to engage in a trustworthy environment.
Solanart is Solana’s first NFT marketplace. Get instant access to digital treasures and browse, purchase, and sell NFTs from a variety of collections and artists.
The first NFT marketplace where makers can select and embed licenses when minting NFTs. Collectors know what they’re buying, and creators know what they’re selling.
The Solana blockchain’s initial marketplace is DigitalEyes. So, if you’re wanting to trade Solana tokens, DigitalEyes is the finest NFT exchange to use. The DigitalEyes team is constantly upgrading the website experience and keeping track of the tokens.
Marketplaces, games, arts, and collectibles all benefit from the fastest and most economical NFT environment available. The Metaplex Protocol has offered standards and tools for over 100k projects and online communities, with 11.5 million NFTs created.
Alpha art is a ground-breaking NFT marketplace that allows users to buy and trade Solana-based NFTs without paying any listing fees.
Exchange bills itself as the SOL NFT marketplace for everyone, with a particular emphasis on 1/1 art and independent creators. The team takes a more curated approach to NFTs, handpicking and showcasing handpicked art collections, illustrations, and other forms of digital art.
Artz bills itself as the world’s first totally decentralized SOL NFT exchange.
This is also consistent with the Solana story, which is more centralized than many of its blockchain competitors.
Solport is a SOL NFT marketplace that runs on the Solana blockchain and leverages graphics from the seafaring and sailing industries (i.e. OpenSea). In any case, they include most of the features you’d expect from a Solana NFT marketplace, as well as some unique features like an integrated rarity filter.
SupaDrop bills itself as a community-driven SOL NFT marketplace that focuses on independent artists who make genuine digital art. Their mission is to help new digital producers get started on something they love and discover their first 1,000 loyal followers who will support them.
BINANCE (BNB)
The Binance NFT marketplace is a location where you may produce, purchase, and sell Non-fungible tokens (NFTs). Users can also transfer NFTs between two blockchains here.
Music, digital things, films, website names, and real-world objects are among the NFT assets.
AirNFTs is a Binance Smart Chain-based marketplace that allows users to buy and trade NFTs. The Binance coin (BNB) and the platform’s own token, AIRT, can be used as the official currencies. If you’re an artist wishing to sell NFTs, you can use the AirNFTs launchpad function to acquire visibility for your collection.
UMBΛLΛ MΞTΛVΞRSΞ is launching the first NFTs collection called UMBΛLΛ NFTs that pledge to be the next bomb in the field.
Stay updated with us through our channels! We surely will give you a breath-taking experience with this generation of NFT 2.0.
