Best NFT Marketplaces
What is an NFT marketplace?
An NFT marketplace is an online marketplace where you can find, explore, buy, trade and sell NFTs (non-fungible tokens), unique digital assets on the blockchain. NFT marketplaces offer the ability to buy, sell, trade and mint NFTs, amongst other things.
Unlike cryptocurrencies (think bitcoin --- if you trade one token for another, you'll have exactly the same thing because bitcoin is "fungible"), NFTs cannot be replaced by another token as they are unique. There are many types of NFTs: art, music, photography, video game items, tickets to events, avatars, trading cards and virtual worlds, domain names, and tons of other digital items---there are even NFTs just for the memes. NFTs can provide utility both in the metaverse and in the real world, with access to special features or even real estate.
What are the best NFT marketplaces?
The NFT market is rapidly evolving, and while some of the most popular marketplaces are on the ETH blockchain, more and more NFT marketplaces are burgeoning on other blockchains such as Solana, Polygon, and Stacks, a blockchain layer built on Bitcoin. Choosing the right one can be intimidating, and depends on the type of digital collectibles you are looking to buy. Let's dive in.
Largest NFT marketplaces on the Stacks Blockchain
Gamma is an open marketplace for Bitcoin NFTs and a hub for the world's Web3 social identity. It is the largest NFT marketplace on the Stacks Blockchain, a blockchain technology that enables smart contract functionality for Bitcoin.
Specialising in collectibles and digital art, Gamma is a home for collectors, creators and investors, where they can explore, collect, showcase and trade NFTs with other users with options for minting, auctioning, selling and buying NFT tokens.
Gamma helps collectors discover incredible NFTs and helps promote curated digital collectibles from unique digital artists.
A user-first marketplace to find, explore, and collect extraordinary NFTs secured by Bitcoin.
A creator-first launchpad for artists to deploy their own NFT collection with fully tested, creator-owned, no-code smart contracts in minutes. Creators can sell their art at a fixed price or auction it, and earn royalties for every sale on the secondary market.
A social platform, bringing together creators and collectors in an engaging and Web3-native way.
Our front and backend developers are hard a work to provide you with the best NFT marketplace experience possible. To learn more about our functionalities, head over to Gamma.io.
Byzantion is the 2nd largest NFT marketplace on the Stacks blockchain. Even though they are Stacks-based NFT marketplace, they are focusing on creating tools that can be used in the different blockchains and have expanded their tools to the NEAR blockchain.
Superfandom is an NFT marketplace focusing on connecting artists and creators to their fans. They aim to establish a platform for different types of creators such as actors and youtube personalities. Super fandom's NFTs currently are not tradable on secondary markets but they are planning to introduce and integrate with other secondary marketplaces.
Top NFT marketplaces on the Ethereum Blockchain
OpenSea is the most popular NFT marketplace on the Ethereum blockchain network (ETH), as this marketplace is the largest in the world when it comes to trading volume and NFT sales. With OpenSea's support for ERC-721 tokens, nearly every blockchain game can be traded on the marketplace, including CryptoKitties, Cryptopunks, and many more.
Similar to OpenSea, Rarible allows users to buy, collect and sell art, video game assets and NFTs. It is a fully decentralized finance (defi) platform has its own native token called RARI. The holders of RARI get to vote on company decisions like company policy changes.
SuperRare brings more of a gallery attitude to the NFT space, with high-end digital art, and puts credibility and artistic intent above meme-friendly art.
Nifty Gateway has facilitated the sale of some of the most popular digital artists such as Beeple and singer/musician Grimes. It's an art curation platform powered by the crypto exchange Gemini.
MakersPlace is a leading digital art gallery where crypto and NFT enthusiasts can buy and sell rare digital art. The MakersPlace artist community is currently invite-only
A few more names
Other NFT marketplaces on the Ethereum blockchain include Axie Infinity, a popular blockchain-based game that also functions as an NFT marketplace; NBA Top Shot, an NFT platform where sports fans can buy, sell and trade NFTs of NBA highlights; Decentraland, an NFT marketplace and a virtual-world play-to-earn game as well; Mintable, which aims to be an open marketplace similar to OpenSea; and KnownOrigin, a market where you can discover and collect rare digital artwork, to only mention a few.
Also note that some NFT marketplaces are cross-chain, for example Binance NFT Marketplace which offers NFTs on the Binance Smart Chain and the Ethereum blockchain.
Buying NFTs on marketplaces
Although some NFT marketplaces such as Nifty Gateway accept credit cards and debit cards, you will most certainly need a crypto wallet to store your cryptocurrencies and digital assets and enjoy the full NFT experience.
Popular wallets include Metamask, Coinbase, and Gemini. Different wallets enable access to different smart contracts, therefore different NFT collections. As an example, a Metamask wallet or a Coinbase wallet allows you to access ETH dApps, a Temple wallet allows you to access Tezos dApps and a Hiro wallet allows you to engage with Bitcoin dApps built with Stacks.
If you don't have any cryptocurrencies, you will need to exchange your fiat currencies (think dollars) for crypto (think bitcoin) on a crypto exchange platform.
Buying NFTs on Gamma
Once you've completed the cryptocurrency exchanges process and created your crypto wallet, head over to the Gamma marketplace. Connect a supported digital wallet browser extension (we recommend the Hiro wallet) to Gamma and allow usage of your wallet's cryptocurrency for the purchase of an NFT. You can find more information on how to purchase STX (Stacks) in this blog post.
Start exploring the NFT art and collections available on Gamma. You can buy an NFT at a fixed price on the secondary marketplace, make an offer on a collection or individual NFT, place a bid on an auction, mint new NFTs and more !
As a buyer, the price listed includes all marketplace commission fees, so the final cost will only include the list price plus the actual transaction fee charged by the network to secure and confirm your transaction. When you sell an NFT, you'll pay a transaction fee associated with the blockchain (also called gas fees), as well as our commission fee, which is only charged if your NFT sells. Creators who launched their collection through Gamma's Creator Portal will earn royalties on every secondary sale of their NFT projects.