Top 13 Popular NFT Marketplaces Today

NFTs (non-fungible tokens) are unique digital assets that cannot be replaced with something else.

Most NFTs tend to be digital, making it easy for creators to bring something rare and unique to the market.

For instance, some NFTs are digital artworks, and people are now collecting these digital artworks, much like collectors have collected physical paintings for years. One notable NFT created by digital artist Beeple sold for over $69 million.

Other examples of NFTs include in-game items like CryptoKitties, a game built on the Ethereum blockchain where users can buy and sell cats that exist as NFTs, each unique like real-world cats.

The first NFTs were part of the Ethereum blockchain. Other blockchains now also support NFTs, but due to technological differences, not every NFT marketplace can trade all types of NFTs.

Creators often choose NFT marketplaces based on their support for NFT standards. Ethereum has introduced two standards: ERC-721 and ERC-1155.

Competitors like Binance Chain have since introduced standards like BEP-721 and BEP-1155. The "1155" standards differ from the original "721" because they allow multiple NFTs to be grouped and traded together.

Most NFT marketplaces require users to have digital wallets and use cryptocurrencies for payment, though some larger exchanges now allow payment via VISA/MasterCard.

1. OpenSea

OpenSea is currently the largest NFT marketplace. Many types of NFTs are traded daily on OpenSea, including art, domain names resistant to censorship, virtual worlds, trading cards, sports, and collectibles.Users can buy, sell, and discover exclusive digital assets like Axies, ENS names, CryptoKitties, and Decentraland. They feature over 700 different projects, including trading card games, collectible games, digital art projects, and domain names.Creators can mint their own NFTs on the blockchain using OpenSea’s minting tool, allowing for the creation of NFT collections without coding knowledge.If you’re developing smart contracts for a project involving NFTs on the blockchain, you can easily list them on OpenSea for sale.

1. Blur

Blur is an NFT marketplace for pro traders, aggregating essential NFT-related metrics and providing a specialized interface.Similar to other NFT marketplaces, Blur operates with a notable focus on user interface and zero transaction fees, though the Blur development team encourages users to adjust fees to 0.5%, aligning with other platforms, and supports airdrops for users.Despite launching after other NFT marketplaces, Blur has quickly gained significant volume, ranking second only to OpenSea.

1. Rarible

Rarible is an NFT marketplace where users can buy and sell arts, collectibles, video game assets, and NFTs. Transactions on Rarible can be made using Ethereum, Flow, and Tezos.Rarible’s focal point is the $RARI token, which allows users to vote on platform proposals affecting curation and manage standout artworks.Rarible charges a fixed fee of 2.5% per transaction, plus any gas fees. Notably, it allows purchasing NFTs with credit cards, facilitating transactions in fiat currency.This marketplace focuses particularly on art assets. Creators can use Rarible to mint new NFTs and sell their works, whether they are books, music albums, digital art, or movies, functioning both as an NFT marketplace and a decentralized network built on Ethereum for intermediary-free transactions.

1. SuperRare

SuperRare focuses heavily on becoming a marketplace for buying and selling single-edition digital artworks.Each artwork is verified by an artist within the network and encrypted as a crypto-collectible digital item that you can own and trade. They describe themselves as the Christie's of Instagram, offering a new way to interact with art and cultural items on the internet.Each artwork on SuperRare is a digital collection secured by cryptography and tracked on the blockchain. SuperRare has built a leading social network in the market due to transparent ownership profiles, making it ideal for everyone, especially those who value transparency and openness.Currently, SuperRare works with a select few meticulously chosen artists to create NFTs. You can also become an artist on the platform by actively submitting an application via email.

1. Binance NFT

Binance, one of the world's largest cryptocurrency exchanges, introduced its NFT marketplace in 2021. Similar exchanges like Crypto.com have also launched Crypto.com NFT, underscoring cryptocurrency exchanges’ strong interest in NFTs.Binance NFTs offer typical digital assets found on other major platforms: artwork, gaming items, and collectibles.A key advantage of Binance NFT is its very low fee structure. The platform only deducts a 1% transaction fee. It’s also a user-friendly platform built using technology and UX/UI similar to their exchange.Read more: Guide to Buying and Selling NFTs on Binance NFT and Receiving a $100 USDT Voucher

1. Foundation

Foundation is a specialized NFT marketplace designed to bring digital creators, crypto natives, and collectors together to develop the NFT collection culture.The platform calls itself a new creative economy focusing solely on digital art.Whenever NFTs are traded on Foundation, artists earn a multi-tiered 10%, meaning artists receive 10% of the sale value anytime a collector resells their work to someone else at a higher price.

1. Nifty Gateway

Nifty Gateway is a renowned NFT marketplace that has sold artworks by digital artists and celebrities like Beeple, Pak, Daniel Arsham, and Grimes.Managed by Gemini, a cryptocurrency exchange, Nifty Gateway is considered a high-end marketplace because it exclusively collaborates with brands and famous artists.One unique feature of Nifty Gateway is enabling creators to earn multi-tiered revenue shares. So, when someone buys your NFTs, you earn a percentage. Additionally, Nifty Gateway has "open editions," allowing creators to create unlimited editions of their works for a limited time.Furthermore, Nifty Gateway facilitates easier NFT sales for creators by handling all technical issues related to creating and selling NFTs, providing technical support. If you're also a collector, Nifty Gateway lets you buy other NFTs using fiat currency.Unlike most other NFT marketplaces, Nifty Gateway stores NFTs on their platform. This means the NFTs you sell or buy are not stored in a wallet. Instead, they are held by Nifty Gateway and Gemini, stored in your Nifty account.

1. NBA Top Shot

If you're a basketball fan, the NBA Top Shot marketplace allows you to buy NFTs of great moments in basketball history.You can buy video clips, play highlights, and art for both NBA & WNBA. But these artworks are not cheap. A video of LeBron James slam dunk earned $208,000 in February 2021.The NBA has built and exclusive to this NFT marketplace for video clips in this sport. They're also a large organization with credibility.The NBA Top Shot marketplace is an example of major companies entering this trend. Even GameStop plans to launch an NFT marketplace this year.

1. Magic Eden

Magic Eden is a Solana-based NFT marketplace, considered a "web3-first marketplace". To date, it has over 7,000 collections and a trading volume up to $1.6 billion.Aside from being an NFT market, Magic Eden also supports game creators and has launched Eden Games, a hub for NFT games on Solana. It also collaborates and allows others to create their own marketplace. Some NFT markets provided by Magic Eden include Thugbird'z Thugstore and Galactic Geckos NFT.Additionally, Magic Eden has a Launchpad that enables creators to mint NFTs simply, reducing the technical steps to create an NFT.

1. Enjin Marketplace

The Enjin Marketplace is a place to discover and trade blockchain assets. The Enjin marketplace is built on Enjin. To date, it has traded $43.8 million worth of Enjin Coin on this platform and 832.7 thousand NFTs.You can use the Enjin Wallet to easily list and purchase items and collectibles in games.The website introduces blockchain projects supported by Enjin with collections of game items such as Multiverse, Age of Rust, The Six Dragons to Microsoft's Azure Heroes, community-created collections, and NFTs from companies like Binance and Swissborg.

1. Decentraland

Decentraland is a VR world created on Ethereum, making it a safe and reliable NFT marketplace. It allows users to acquire virtual assets and other digital assets like wearables, art, and even land stored in smart contracts on the Ethereum blockchain.Besides allowing you to buy digital assets, Decentraland also allows you to create your own assets that you can list on the Decentraland marketplace. It has an easy-to-use drag-and-drop Builder tool that lets you create avatars and 3D scenes.What sets Decentraland apart from other NFT marketplaces is that its tokens are designed to have value and transferability similar to the real world.

1. Zora

Zora is an NFT marketplace that allows creators, collectors, and artists to buy and sell various types of NFTs including art, music, and media. It operates as a registration protocol allowing creators to publish their work, earn money from sales, and enable other users to create and share their works.Zora promotes collaboration and implements "Collective Creation," where its