Top 9 best NFT platforms for buying and selling

 With the approach of non-fungible tokens, the universe of advanced craftsmanship has changed to the point of being unrecognisable, and NFTs themselves can bring extensive benefit not exclusively to their maker, yet additionally to the ordinary person involved in their distribution.

We have already talked about what NFTs are, how to create and distribute them. Today we will talk about the key NFT platforms for buying and selling non-fungible tokens, their features and main features.

OpenSea

This is one of the largest decentralised marketplaces, featuring all types of digital art. Here you can buy and sell paintings, trading cards and game items, music, avatars and any other type of digital art. There is also the possibility of trading real-world objects, but all risks for such transactions lie with the participants in the transaction.

The NFT platform uses the ERC721 and ERC1155 standards, and is already working on compatibility with the Flow and Polygon blockchains. To create an NFT on the platform, you will not need to make any payments, but if you want to sell your token or a previously purchased token, then you will not be able to do without a commission. It may depend on demand, time of day and many other factors.

Rarible (RARI)

Another interesting NFT trading platform, Rarible, is noticeably inferior to OpenSea in terms of transaction volume, but is still among the largest. Its main advantage is that it is a platform founded by Russians and based in Moscow. In the context of total sanctions against Russia, this becomes a huge advantage compared to other marketplaces.

The platform works with the Ethereum blockchain and uses RARI management tokens, which allow users to vote for changes introduced on it. True, we cannot yet call it completely decentralised. The marketplace charges a commission for creating and selling collections.

Nifty Gateway

The main advantage of the Nifty Gateway platform for selling NFTs is the ability to purchase NFTs for fiat money, or in simple words, the dollars, euros, rubles, yuan and other currencies we are familiar with. In this case, merchants can withdraw funds directly to their credit or debit cards. However, for now only those who have accounts in American banks can do this. Other users will have to use the Gemini exchange.

Nifty Gateway allows you to list your collections for free, but for each token sale there is a commission of 5% + 30 cents, and if you resell them again you will have to pay another 10%, which is paid to the NFT creator. In other words, this marketplace is most profitable for content creators.

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Foundation

NFT platform for artists Foundation is positioned as a platform working with alternative music and art. In order to be able to work with the service, you need to receive an invitation from one of the site’s authors. And although the marketplace is inferior to many competitors on our list in terms of trading volume, its main advantage is its maximum coverage of the target audience.

It allows you to list tokens for free, but takes a 15% commission on their sale, and for each NFT resale, the author receives a 10% royalty. In this case, the sale of tokens takes place in an auction format without a fixed price.

SuperRare

The SuperRare NFT trading platform differs from many other platforms in that it sells truly unique works of art, released in a single copy. Actually, this is exactly what the name of the platform reflects. And the platform itself is not just a marketplace, but, in fact, a social network with news about artists and collectors, the possibility of collaboration and a developed community of like-minded people.

The platform is built on the Ethereum blockchain and uses ERC-721 tokens, allowing you to track the entire history of ownership of a piece of digital art. True, the fee for using SuperRare is quite high. The transaction fee reaches 3%, and another 15% is taken from the token buyer. Each time it is resold, the original author receives a 10% royalty.

Mintable

Our top NFT platforms continue the decentralized marketplace Mintable for NFT trading, founded back in 2018, with very flexible settings. It offers extensive options for creators and collectors, including additional options for promoting their work and token royalty management that can reach 90%.

The platform is a completely decentralized system. It uses the Ethereum blockchain and Immutable X. The marketplace can work with ECR-721 tokens, and when using IMX there will simply be no network commission. At the same time, creators and buyers have full rights to smart contracts. But the most interesting thing is that here you have the opportunity to create your own store and promote your work more effectively.

NBA Top Shot

This is a highly specialized NFT token marketplace for basketball fans, where you can buy and sell collectible sports cards. More precisely, not just cards, but real video clips with highlights from past games. Well, the value of such NFTs, like any collectible editions, depends on their uniqueness. To do this, each token is presented in the form of several episodes, each of which has its own uniqueness. And this combination makes up the value of the entire NFT.

The rarest NFTs can only be purchased by “verified” participants in the system - you will need to store several ordinary tokens to get a truly unique slice of moments that are most valued among collectors. NBA Top Shot runs on the Flow blockchain and charges a 5% fee on every transaction.

Sorare

If you don't like basketball, but love football, Sorare is the place for you. In fact, it’s not even so much a marketplace, i.e. a platform for selling NFTs, like an NFT game in which you are invited to collect cards of football players and create your own teams based on them. The higher the skills of the players on the team and their rarity, the better results it can achieve.

Player cards are divided into three levels. Rare ones have 100 copies, very rare ones have 10 copies, and unique ones are produced in a single copy. The rarer the card, the more it is worth. For example, a year ago, a unique card with Cristiano Ronaldo was sold for almost 300 thousand dollars. At the same time, the cards themselves are purchased both directly and during the auction.

Axie Infinity

Axie Infinity is perhaps the most famous marketplace and also a game with quite nice graphics. It is based on Axis - mythical animals with their own unique characteristics and appearance. Axis themselves are ERC-721 NFT tokens that can be bought and sold, rented or grown. And to start the game you will need to buy your first team of three Axies.

There are two key currencies in the game: SLP (Smooth Love Potion), which can be obtained by winning battles and participating in quests, and AXS (Axie Infinity). It is issued for positions in the rating table of participants. In addition, you can receive money for the development of your own animals or simply resell them.

In general, Axie Infinity is practically no different from a regular marketplace. The only difference is the opportunity to receive additional profit for your activity.