Where to Buying, Selling and Trading Non-Fungible Tokens (NFTs)

[Hitchcock]

The world of digital assets has taken a massive leap forward with the emergence of Non-Fungible Tokens (NFTs). These blockchain-based assets have opened up a new paradigm of ownership and value exchange in the digital sphere. This guide explores several platforms where you can buy, sell, and trade NFTs.

OpenSea

OpenSea brands itself as the largest and oldest NFT marketplace in the decentralized space. The platform supports the trading of various forms of NFTs, including digital art, domain names, virtual world assets, and more. Buyers and sellers can engage in auctions or direct sales. OpenSea also allows users to create their own NFTs, making it a popular hub for creators and collectors alike.

Rarible

Rarible is a community-owned NFT marketplace that has democratized the creation and trading of NFTs. Any user can mint (create) their own NFTs and set their own royalties. Rarible also offers a unique feature: it has its own governance token, RARI, which is distributed among platform users, thus giving them a say in the marketplace's rules and features.

SuperRare

SuperRare operates as a platform specifically for single-edition digital artworks. The focus here is on scarcity and exclusivity, making it an attractive platform for art collectors. Artists can mint unique tokens representing their art, and these tokens can then be bought, sold, or held as collectibles.

NBA Top Shot

For sports enthusiasts, NBA Top Shot has emerged as a leading platform for officially licensed NBA collectible clips, or "moments." These moments are tokenized as NFTs and can be collected, traded, or sold. Each moment is uniquely identified, providing indisputable proof of ownership.

Decentraland

Decentraland is a virtual reality platform powered by the Ethereum blockchain. Within Decentraland, users can create, experience, and monetize content and applications. The virtual land in this digital universe is tokenized as NFTs, which can be bought, sold, and traded on their marketplace.

Mintable

Mintable is another platform where users can create, buy, and sell NFTs. Mintable has a user-friendly interface that makes it easy for beginners to navigate the NFT space. Its distinguishing feature is the ability to "mint" or create NFTs for free, a feature not all platforms offer.

Foundation

Foundation has made a name for itself as the bridge between the physical art world and the digital art world, where artists can mint, sell, and auction their digital artwork as NFTs. The platform has a curated approach, with new artists needing an invite from an existing member to start creating.

Remember that buying, selling, or trading NFTs, like any investment, comes with its own risks. Prices can fluctuate drastically, and the value of an NFT is often subjective. Therefore, it's essential to do thorough research before entering the market.

 

What's your favorite place to sell, buy and trade NFTs?