What qualities should an NFT marketplace have?
While it is true that all marketplaces depend on which market they are targeting, it must also be considered that they must all offer certain essential features to accommodate NFTs in their market:
- They must offer easy and intuitive navigation.
- Have multiple Web3 wallets to integrate.
- Must contain multi-string media.
- Have multiple payment options for greater ease and comfort of users.
- Have the functions and tools that offer and facilitate the user experience.
Advantages of NFT marketplaces
This type of NFT marketplace development offers certain advantages for all users, in addition to the platform offered by its market for transactions, some of which can be highlighted are:
- They offer a decentralized NFT buy and sell.
- You can upload any type of content on them, as long as it complies with the rules established by the platform.
- You will have a profile where interested users can see your other NFT works.
- Presenting yourself as a content creator is easier with this tool.
You can market your digital work to people in different parts of the world.
Best NFT marketplaces to buy and sell
Now that you have an idea of what NFTs are and the marketplaces that trade them, you might be interested in starting to sell your own NFTs. The truth is that there are many options on the market.
Each platform is designed with certain standards and to satisfy certain needs. If you do not have a clear idea of what advantages or benefits one marketplace or another can offer you, it can be a bit difficult to choose one for what will be the purchase and sale of your digital assets.
That is why, looking for a way to facilitate your work, we have found several of the most popular NFT marketplaces, so that you can easily choose the one that best suits your needs.
1. OpenSea _
It is the largest digital marketplace of all so far in terms of buying , selling and exchanging NFTs. And it is estimated that on its platform there are more than 2 million different collectibles and at least 80 million NFTs.
One of the reasons for its success is that it is based on the Ethereum blockchain. In addition to this, it offers a wide variety of digital products, including works of art, sports cards, and domain names.
In addition, it is one of the few marketplaces in this market that participates in large-scale NFT projects in the sector such as Decentraland or CryproKitties, to name a few.
One of the largest cryptocurrency NFT marketplace platform development such as Binance, hosts BakerySwap, which gives it quality support and considerable transparency. This is how it manages to offer a wide range of services, among which the use of tokens by users stands out.
In addition to this, it has its own native token known as Bake , which can often be used to buy and sell, as well as gain liquidity with it within the platform.
Do you have a digital job? Then Rarible may be one of the best options at your disposal, since it allows digital creators to issue and sell personalized crypto assets.
In addition to being a marketplace for NFTs, it offers trading without intermediaries for users, a quality that stands out above other marketplaces on the market.
However, its greatest quality is that it gives the content creators of the platform a voice and a vote when deciding how the tool should work. Advantage that other platforms do not offer.
Are you an emerging creator looking for a platform to start publishing your content? SuperRare stands out for this, since the exclusive crypto art of the platform is known for having both renowned artists and other emerging artists looking to gain a foothold in this market.
When SuperRare hit the market, it was not the marketplace we know today. In fact, it was not until 2021 that he presented his Rare token to turn the platform into a DAO, since he saw the future of marketplaces for the coming years.
In addition to offering more quality than quantity in its crypto collectibles, its governance token allows users of the platform to have power in deciding how the platform will be run.
5. Larva Labs
If you are looking to buy your first NFTs, Larva Labs is positioned as one of the best options, since one of its main advantages is that it does not charge fees for any type of transaction.
It is characterized by having the NFT marketplace development solutions of various projects available , in fact, this modality was what allowed it to gain popularity a few years ago in the marketplace market.
The only drawback you might find in Larva Labs is that it does not have a large stock of NFTs available. In fact, it focuses on projects and/or alliances that it makes with other brands and/or companies.
If you are looking for a guarantee of speed in transactions, Magic Eden may be one of the options for your cryptoactive transactions. Because it is built on the Solana blockchain, it can process up to 650,000 transactions per second.
Magic Eden listing fees are at 0%, while transaction fees are 2%. His project focuses on offering the creation, distribution and commercialization of NFTs without the need to have technical knowledge of the area.
Thanks to this facility that it offers to the users of its platform, the process consists in uploading the files that the work contains, so that Magic Eden takes care of the rest of the conversion work to NFT.
If you want to have variety in the crypto assets that you can buy, sell or exchange, this is the option you need. And it is that Enjin Marketplace is not limited only to rare or unique digital assets, but also to branded cryptocurrencies, digital fashions and game items.