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With the advent of non-fungible tokens, the world of digital art has changed beyond recognition, and NFTs themselves can bring considerable profit not only to their creator, but also to an ordinary person involved in their distribution.

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

  • What is NFT: explained in simple terms

    Technology

    What is NFT: explained in simple terms

one opensea

It is one of the largest decentralized marketplaces that showcases all kinds of digital art. Here you can buy and sell paintings, trading cards and game items, music, avatars and any other kind of digital art. There is also the possibility of trading real world objects, but all the 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 do not need to make any payments, but if you want to sell your own or previously purchased token, then you cannot do without a commission. It may depend on demand, time of day and many other factors.

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2 Rarable (RARI)

Another interesting NFT trading platform – Rarible – is noticeably inferior to OpenSea in terms of transaction volume, but still one of 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 governance tokens, which allow users to vote for changes introduced on it. True, while we can not call it completely decentralized. The marketplace charges a commission for creating and selling collections.

3 Nifty Gateway

The main advantage of the Nifty Gateway platform for selling NFTs is the ability to buy NFTs for fiat money, or in simple terms, dollars, euros, rubles, yuan and other currencies familiar to us. At the same time, merchants can withdraw funds directly to their credit or debit cards. True, so far only those who have opened accounts in American banks can do this. Other users will have to use the Gemini exchange.


Nifty Gateway allows you to host your collections for free, but a fee of 5% + 30 cents is withheld for each sale of tokens, and if they are resold again, you will have to pay another 10%, which is paid to the creator of the NFT. In other words, this marketplace is the most profitable for content creators to work with.

four Foundation

NFT platform for artists Foundation is positioned as a platform that works 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 authors of the site. And although the marketplace loses to many competitors in our list in terms of trading volume, its main advantage is the maximum coverage of the target audience.


Like Nifty Gateway, this site is great for content creators. It allows you to place tokens for free, but takes a commission of 15% from their sale, and for each NFT resale, their author receives a royalty of 10%. At the same time, the sale of tokens takes place in the format of an auction without a fixed price.

  • What is NFT: explained in simple terms

    Technology

    What is NFT: explained in simple terms

5 superrare

The NFT SuperRare marketplace differs from many other sites 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 site 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 site 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 buyer of the token. For each resale, the original author receives a 10% royalty.

6 Mintable

Our top NFT platforms continue the Mintable decentralized marketplace for NFT trading, founded back in 2018, with a very flexible setting. It offers a wide range of options for creators and collectors, including additional options for promoting their work and token royalty management, which can be as high as 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 there is an opportunity to create your own store and promote your work more effectively.

7 NBA Top Shot

This is a highly specialized platform for NFT tokens for basketball connoisseurs, where you can buy and sell collectible sports cards. More precisely, not just cards, but real video cuts with highlights from past games. Well, the value of such NFTs, like any other collector’s 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 adds up to the value of the entire NFT.


The rarest NFTs can only be bought by “verified” members of the system – you will need to hold a few regular 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% commission on every transaction.

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eight Sorare

If you don’t like basketball, but love football, you have a direct road to Sorare. In fact, it’s not even so much a marketplace, i.e. a platform for the sale of NFTs, how many NFT-games in which you are invited to collect football player cards and create your own teams based on them. The higher the skills of the players included in 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 bought both directly and during the auction.

9 Axie Infinity

Axie Infinity is perhaps the most famous marketplace and part-time game with quite nice graphics. It is based on Axi – mythical animals with their own unique features and appearance. Axi 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 Axis.


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 their activity.

Read also

  • What is NFT: explained in simple terms
  • How to create your own NFT: understanding the nuances

tags

blockchain

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