TOP 5 NFT MARKETPLACES TO START YOUR JOURNEY

TOP 5 NFT MARKETPLACES TO START YOUR JOURNEY

NFT MARKETPLACE – ONE STOP DESTINATION TO TRADE NFTs.

Since 2021, everyone has been hearing a lot about NFTs. It was even named the most searched word of the year by the urban dictionary. If you've previously looked up what these NFTs are, you undoubtedly found an answer that described them as a non-fungible, one-of-a-kind token, among other things.

TOP 5 NFT MARKETPLACES TO START YOUR JOURNEY

The platform where users can buy and sell NFTs is an NFT marketplace. With the exception that users will be trading digital assets here instead of tangible goods, it is comparable to an eCommerce marketplace.

TOP 5 NFT MARKETPLACES TO START YOUR JOURNEY

Every day, a number of new NFT marketplaces are being developed. Let's take a look at the top 5 NFT marketplaces available now.

TOP 5 NFT MARKETPLACES TO START YOUR JOURNEY

OpenSea - The pioneer of all NFT markets is OpenSea. It was established in 2017 and declared the NFT economy's leader when the market took off in 2020. Since that time, OpenSea has hosted the most NFT transactions.

TOP 5 NFT MARKETPLACES TO START YOUR JOURNEY

Jump Trade - This marketplace from GuardianLink is brand-new, yet it has quickly gained popularity. Play-to-earn game NFTs, brand and celebrity NFTs, etc. all call it home. It is the goto plattform, if you're looking for an NFT that can help you make money through playing games rather than just serving as a collection.

TOP 5 NFT MARKETPLACES TO START YOUR JOURNEY

Rarible - Another NFT marketplace that has existed from the start of the NFT era is Rarible. This online store is situated in Russia.

TOP 5 NFT MARKETPLACES TO START YOUR JOURNEY

SuperRare - The popular social networking site Instagram and the venerable art auction company Christies are combined in SuperRare. It is a novel approach to engage with culture, collecting, and art on the internet.

Foundation - In 2021, the Foundation NFT market was established on the Ethereum blockchain. Creators must obtain an invite code from the platform in order to mint their creations into NFTs. In this new creative economy, artists will be able to produce works that will increase in value on the Ethereum network.

LooksRare - The community is prioritised in the NFT marketplace called LooksRare, and traders receive rewards for participating. To receive your benefits, buy or sell NFTs. Additionally, trading costs are 20% less expensive than they are on OpenSea. On LooksRare, trading rewards are calculated and given out daily when you buy or sell NFTs. As of this writing, 1.4 million LOOKS, LooksRare's native token, are scheduled to be distributed over the next seven hours. One LOOK is now trading for $1.94.

You may bet your LOOKS for a cool 165 percent APR to gain even higher incentives. 100 percent of the APR is paid in WETH (Wrapped Ethereum), and 65 percent is paid in LOOKS, according to the breakdown of the APR. So, yeah, this is where the quest comes to a conclusion. Now, feel free to explore these NFT markets to learn more about these cutting-edge assets. If you're really intrigued, consider purchasing one or two, but make sure you purchase NFTs at a price you can manage, and always do your own research.