6 Best NFT Marketplaces to Invest in Right Now (2022)
Published September 26, 2022.
If you're looking to get involved in the world of NFTs, then you’ll need some knowledge of the best places to buy, sell, and trade them—and reputable blue-chip NFT marketplaces are a great place to begin! Furthermore, if you're planning on creating your own NFTs down the road, these marketplaces can be a potential way to make some money.
However, choosing an NFT marketplace with the best collections and prices for your needs and preferences can be challenging. In this article, we're going to list down some of the best NFT marketplaces for safe, secure, and easy transactions. We'll also give you an overview of what each marketplace offers so that you can make an informed decision about which one best suits you.
Even newbies to NFTs are aware that OpenSea tops the list. It's one of the top NFT marketplaces globally, with a wide range of collections from digital art to in-game items, and everything in between.
One of the best things about OpenSea is its easy-to-use interface that makes buying, selling, and trading NFTs a breeze. Transaction fees are also quite affordable at 2.5% of every sale. This fee is charged to the creator/seller, while the buyer pays the gas fee.
The BAYC is a project that focuses on delivering high-quality NFTs and providing a unique experience for its users. You can invest in one of the 10,000 Bored Ape NFTs, a collection of digital art that comes with access to members-only perks.
The project has also launched its new meme token, the Ape Coin, which is a token for utility and governance. Holders of the Ape Coin have voting rights on the Ape Coin Decentralized Autonomous Organization—the DAO—and can earn rewards for participating in the community.
Rarible is also a popular choice among NFT enthusiasts and is among the top marketplaces in terms of transaction volume. It has a wide range of collections, including digital art, photography, in-game items, and more.
Rarible is a community-based marketplace, which means that anyone can create and mint their own NFT on the platform. Trading fees are also quite low at just 2.5%.
SuperRare is your go-to marketplace for curated NFT artworks. It's an exclusive, invite-only NFT marketplace, which means they only deal with NFT artists they know and trust. This makes SuperRare one of the best places to find high-quality NFT artworks (hence the name).
SuperRare maintains its goal to preserve the culture of art collection and remains the pioneer in the exclusive NFT art space. The platform has a very strict vetting and approval process, which also makes it one of the most trustworthy NFT marketplaces.
As expected, transaction fees can be quite steep compared to other platforms, starting at 15% on primary sales. However, if you're into collecting physical art and would like to add some digital art to your collection, then SuperRare is definitely the marketplace for you.
If you know of the popular blockchain-based game Axie Infinity, you may also be aware that it also functions as an NFT marketplace. The Axie Infinity marketplace is one of the top NFT game marketplaces dedicated to in-game assets.
Players can buy, sell, and mint Axies, as well as other in-game items. If you're a buyer, there are no fees for purchasing. However, if you're a seller, then you'll be charged a marketplace fee of 5.25%. If you have a creator code, 4.25% is sent to the Community Treasury, while 1% goes to you (the NFT creator). Without a code, the platform will charge the full 5.25%.
That said, if you're looking to buy, sell, or mint in-game assets, then the Axie Infinity marketplace is definitely worth checking out.
Another top platform for minting, buying, and selling NFTs is Foundation. The platform used to be invite-only, like SuperRare, but has since opened up its doors to the general public.
Foundation is best known for its wide collection of digital art and is popular among crypto natives, collectors, and artists alike. If you're on the hunt for art NFTs ranging from images to videos and 3D pieces, then Foundation is the marketplace for you.
The platform has a user-friendly interface and is well-designed, making navigation easier. In terms of transaction fees, Foundation charges creators a 5% marketplace fee per sale, plus an additional 10% for each secondary sale. Buyers do not have to pay fees outside of the purchase amount.
These are just some of the best NFT marketplaces to invest in right now. As the world of NFTs continues to grow, so too will the number of marketplaces. The key to finding a good marketplace is to find one that best suits your needs. Whether you're looking for a particular type of NFT or just want to browse a wide selection, there's definitely an NFT marketplace out there for you.