Unlocking The Next Generation NFT Marketplaces

The digital platform enabling artists to exhibit their talent in the guise of virtual tokens is commonly referred to as the NFT marketplace. Whosoever the buyer or investor is, that art is bought in the asset form. The whole procedure is alike when the items are purchased through digital wallets. After regulating and filtering out the cost of the NFTs, the choice is on the artist. Either they need to list their NFT at a distinct value or have an auction where as usual the highest bidder gets their NFT.

NFTs have enjoyed immense popularity since their inception. People are promoting as well as conveying a great deal of interest in NFT trading. This is the leading factor that has immense contribution to its ultimate growth and demand.

There is a huge list of forthcoming NFT platforms that are described as under;

• Jupiter Meta: This is the most inventive whitelabel NFT marketplace that aims at building a unique metaverse experience. Such an impression is made through games and music films. This platform is for trading NFT and other innovative stuff built into the metaverse. Such a platform is completely supported by the Rubix blockchain technology and has absolutely zero gas fees. Jupiter Meta put forward a customizable experience at stable prices.

• Binance NFT marketplace: This marketplace is hugely captivating the attention of various digital creators. Numerous music bands and artists that enjoy a massive fan following are all set to be a part of the Binance NFT marketplace. Free hands are provided to the developers so that they can completely analyze their artistry. They hold an astonishing 1 million boxes with a $360 million trade volume. Their credibility has been enhanced because of the partnerships with the highly reputed partnerships.

• SuperRare: This is a high-end NFT marketplace that enjoys a perfect place in the NFT ecosphere. They outrightly reject the memes and are highly professional in selecting the NFT submissions. This marketplace represents quality and does not get swayed away by mediocre artwork. It means that enough time is spent on evaluating the content. This makes the investors self-assured of the work before making it available for sale.

• OpenSea: This is the most dynamic marketplace that has the ability to host the most admired NFTs  in the field of  music, trading cards Photography etc. OpenSea makes use of key cryptocurrencies like Solana, Ethereum, USDC, etc but not government-issued currencies like dollar, pounds, etc. The novice users can make use of this platform very easily. It is user-friendly and the navigation is simply convenient. An account can be set up within a few minutes without any charges. One can quickly have a glance through NFTs and can unvaryingly create their own NFT.

• Helix Meta: This is a new NFTmarketplace that encompasses the whole community. The profits generated are shared among the artists, merchants, collectors, buyers, etc. This rousing platform is known as Helixmeta. The working module of this marketplace is similar to the Open Sea. The sole difference is that it also possesses accumulating rewards for its own marketplace utilization. Now, this community-based marketplace authorizes the creators through Helix Beta rewards.

• NBA Top Shot: NBA Top Shot is for the playing highlights, buying of art, and playing music for NBA as well as WNBA. This NFT marketplace has absolute rights to such video links. It is understood that nobody wants to mess up with such a noteworthy organization. The ardent fans are able to buy their NFTs through various cards or cryptocurrencies like Ethereum, bitcoin, etc. There is an additional tariff that needs to be paid while the purchase is made through any of the above methods. 

• Nifty gateway: It is the exorbitant marketplace that is known for arranging NFT sales of artworks created by renowned artists and celebrities. The popularity of the  Nifty gateway is raised by using the open edition system. In the case of a fresh NFT, one can have an access to purchase the editions for a restricted period of time. This platform also enables the users to buy the items via cards. If someone is interested in outlying
•  huge amounts in NFTs and has access to high-end alternatives, then Nifty gateway is the best option.

• DraftKings: This NFT marketplace’s main objective is sports betting. It has bragged a lot about its own platform having special editions from the best sports persons around the world. There have been various sports celebrities encompassing fields like football, basketball, tennis, chess, etc. Some of the noteworthy sports persons like Tony Hawk, Wayne Gretzky, and Tony Brady are listed on this marketplace. Due to much publicity and likeability in the online marketplace, it has become an immensely popular gambling company in the USA.

• Gamestop: GameStop is another upcoming NFT marketplace that has carved its niche in the online marketplace. It has been successful enough in creating an exciting experience for the users in its initial stages. By looking into the prospects, it can’t be denied that it has literally made a special place among the users. As the name suggests, it focuses on selling video games and creating its own space in this virtual world. Gamestop is keen on creating a huge fund for the gaming developers that prefers utilizing this marketplace over others.

• WAX NFT: This is most commonly referred to as the “Simple Market” that provides more than 140k virtual assets for lending and borrowing. The larger part of the NFT is labeled in WAX. There is a subsidiary market for the NFTs on the atomic hub that offers the services at zero gas fees. It is a feasible option for the Ethereum stationed marketplace and charges transaction fees of about 2%. This is fully adaptable with EOS and is available for numerous high-profile labels.

Final words:

There are a lot of alternatives that are available for the investors to venture into the desired marketplaces. One can decide where to purchase the NFT tokens and where to invest by looking into the features. Picking the top NFT marketplace for the first time seems to be an intimidating task. But having an insight into the requirements and considering the budget, one can choose the best possible nft marketplace for themselves.