Top 6 NFT marketplaces that did incredibly well in 2021
NFTs are the latest hype in the cryptocurrency market which has quickly climbed the ladders of success in the past few years. The growth of the NFT market is exponential, and the total sales volume of NFTs has crossed the $10 billion mark with no intention of stopping any time soon.
With the increase in demand for NFT trading, more and more NFT marketplaces have started to pop up in the industry. While every NFT marketplace website has its own set of merits, some perform better than others. We have curated an NFT marketplace list according to popularity and advantages.
OpenSea is one of the most popular NFT marketplaces that is the pioneer of NFT marketplace development. It is the first-ever marketplace to be launched on the Ethereum blockchain and comprises several digital assets. The estimated number of digital assets that OpenSea currently hosts exceeds four million as it supports ERC-721 and ERC-1155 assets.
It is a well-categorized platform that offers a versatile selection including artworks, photos, videos, music, digital collectibles, in-game assets, sports collectibles, etc.
Rarible is a peer-to-peer decentralized NFT marketplace that offers a user-friendly and smooth NFT trading experience. The marketplace’s interface is designed to offer an engaging approach with fast, and easy NFT exploring features. Users can explore different categories or view the top sellers of the day to make the decision simpler.
Users can also mint NFTs on Rarible in an easy way by paying a minting fee which depends on the Ethereum blockchain’s capabilities.
Foundation is a popular peer-to-peer marketplace that offers exclusive services for digital art creators and artists. Moreover, an artist has to create a profile that will be upvoted by the community members for verification. Foundation aims to give the power of their content to the hands of the creators.
Foundation offers a good opportunity for the artists because of its large user base and good monetary volume. The marketplace has a clean, black, futuristic and minimalist interface that goes effortlessly with the type of content they curate.
SuperRare is another promising NFT marketplace that offers traders unique, rare and limited-edition digital artworks. All the artwork on SuperRare is verified and authenticated to ensure a trouble-free experience for collectors and artists.
Unlike Foundation, the work of artists is verified directly from SuperRare management, ensuring the quality of all NFTs.
Nifty Gateway is a reliable NFT marketplace with a simple mission to make the NFTs accessible to everyone. Its list of merits includes the ability to purchase NFTs with credit cards instead of a digital wallet such as Metamask. This ability to purchase NFTs directly using fiat currencies goes in sync with the marketplace’s vision to make NFTs more accessible.
Axie Infinity is a name that has become synonymous with NFT gaming and it deserves a position in the top NFT marketplaces in 2021. The platform offers a fun and interactive way to earn NFT in-game assets and has over 15,000 monthly active users.
In conclusion, these are some of the top NFT markets in 2021 and continue to grow. As the demand for NFTs rises, there will be more intuitive NFT marketplaces in the market. However, these NFT marketplaces have secured their position, which they will be able to retain with continuous development.