In the NFT markets, tokenized assets and rare digital items bring in much money and billions of dollars. Notably, famous people and well-known artists are actively seeking ways to join in on the excitement.
In decentralized technologies, many platforms have sprung up that use different blockchain systems to make buying and selling tokens that aren’t used for games easier. In the world of cryptography, I’ve compiled a list of ten top trade platforms that deserve your careful attention in 2023.
Top 10 Non-Traditional Markets in 2023
Even though most of the current NFT markets in the industry are built on the Ethereum blockchain, the platforms mentioned in this section have been carefully built on top of other Layer-1 blockchains.
In light of this, we’ve compiled a list of the top 10 non-fungible tokens (NFT) markets for 2023.
Decentraland
In 2020, Decentraland, a cutting-edge NFT technology, came on the scene. This innovative tool works in the world of “play-to-earn” virtual reality. It was carefully built on the Ethereum blockchain. This platform gives NFT artists and makers more power by giving them complete control over their work.
Immersive metaverse Decentraland offers its valued users a wide range of digital items, such as coveted land parcels, beautiful in-game clothes, and luxurious homes, giving them access to a world with endless possibilities. The platform’s cryptographic currency, MANA, is used to buy these digital goods.
The platform has successfully recorded many huge NFT deals, like selling a single piece of virtual land on Decentraland for a staggering $2.4 million in November 2021.
SuperRare
SuperRare is a cutting-edge, Ethereum-based store for non-fungible tokens (NFTs) that only works with a carefully selected group of well-known and respected NFT artists. This organization is a leader in the world of exclusive digital art. It is deeply committed to protecting digital art collections’ cultural history, making it a pioneer in this field.
The platform has strict rules for reviewing and approving digital art to ensure that only the best pieces are listed for sale. SuperRare wants to grow and improve the creative skills of a small group of well-known creators on its site. This will give digital art collectors the best possible value and joy from their collections.
Even though SuperRare may not be as dynamic as OpenSea, it undeniably has a marketplace full of beautiful, unique digital art pieces. The site takes 15% of the first sales of artists, which helps create a fair and sustainable economic model in the crypto environment.
Axie Infinity Marketplace
Axie Infinity, which is well-known for being a blockchain-based game success, has a trendy NFT marketplace that serves the gaming community. Still, it’s essential to remember that while the above marketplaces mainly deal with collections, the Axie marketplace is a specialized site made just for the play-to-earn video game. In this fascinating virtual world, users can create, get, and sell Axies and other engaging digital items from the competition.
The Axie Infinity NFT marketplace is cleverly built on Ronin, a cutting-edge layer2 blockchain that works as a sidechain within the Ethereum network.
The platform has a vast group of passionate gamers and crypto fans, and the number of daily active users is so high that it’s hard to believe. Axie Infinity has built a strong base in the game world with its smooth and user-centered interface.
A fantastic thing happened in the world of Axie Infinity: a highly sought-after non-fungible token (NFT) that represents a virtual piece of land was traded for a staggering $2.3 million. This critical event shows how much the Axie Infinity environment is worth and how appealing it is in the digital world.
OpenSea
OpenSea is the king of the hill regarding non-fungible token (NFT) marketplaces. Its selling rate is so high that it beats all its competitors. The platform makes it easy to create new tickets, buy them, and trade them. It does this for a wide range of tokens that can’t be used to purchase other tokens. There are many kinds of tickets, like collectibles, digital art, virtual worlds, trade cards, and more.
The core of this particular solution is built on Ethereum, and Polygon was added to optimize and reduce the effect of petrol fees. OpenSea is a well-known site that gives people access to more than 700 projects that use Non-Fungible Tokens (NFTs). In this digital world, more than 80 million NFTs are just waiting to be traded by buyers who want to get their hands on digital assets.
The NFT marketplace makes it easy and accessible for sellers to create new profiles and set them up within its system. But it charges a 2.5% fee for every purchase in its marketplace.
OpenSea, a well-known digital store, has more than 600,000 users, a fantastic number. Incredibly, in 2022, this famous platform has carefully recorded sales of a staggering $4.1 billion, according to data from the well-known Dune Analytics.
It’s important to note that the most-traded non-fungible tokens (NFTs) on the respected OpenSea platform are the respected Bored Apes, CryptoPunks, and Doodles.
Variable
Rarible is a community-driven, decentralized store for non-fungible tokens (NFTs) that gives people unmatched access to a wide range of NFTs for buying and selling. The platform has an easy-to-use interface lets users create and trade non-fungible tokens (NFTs) without any trouble.
The well-known platform Rarible now supports Ethereum, Flow, and Tezos, three of the best blockchain networks. The robust multi-chain infrastructure of Rarible allows users to create, buy, and sell non-fungible tokens (NFTs) across a wide range of blockchain networks without any problems.
Like OpenSea, Rarible charges a 2.5% processing fee. Still, this new platform takes decentralization to a higher level by implementing a cutting-edge governance system that gives community members voting power through its token, RARI.
Non-Fungible Token (NFT) deals worth more than $270 million have been completed through the open marketplace. This is a very fantastic accomplishment, and there are a lot of people who use it—more than 1.6 million people, to be exact.
Binance NFT Marketplace
Using the vital infrastructure of the Binance Smart Chain (BSC) network, the Binance NFT marketplace has become a cutting-edge platform that makes it easy to buy and sell a wide range of digital works of art and highly sought-after collectibles.
The new platform, run by the well-known cryptocurrency exchange Binance, aims to connect artists, makers, collectors, and crypto fans, making it easier for them to create and trade non-fungible tokens (NFTs).
The well-known Binance NFT Marketplace now has more than 2.5 million non-fungible tokens (NFTs) on its platform, where they are eagerly waiting for buyers who want to participate in the exchange of digital assets. Surprisingly, the platform has the lowest transaction fees in the world, charging only 1% on all deals of NFT. This is good because it is connected to the best global cryptocurrency market.
Also, the digital marketplace has a lot of expensive and unique non-fungible tokens (NFTs) that well-known artists and brands carefully make. It also attracts fans with mysterious box offers showing off the beauty of rare and unique NFTs.
Solanart
Solanart is a store for non-fungible tokens (NFTs) carefully built on the Solana network. This tool makes making, buying, and trading non-fungible tokens (NFTs) built on the Solana blockchain easy.
The platform shows off many different NFT collections from well-known projects like Degenerate Ape Academy, Solpunks, etc. For each successful sale of a non-fungible coin (NFT), the site charges a small fee of 3%.
Solanart works well with many modern digital wallets, such as Solflare, Phantom, Clover, Sollet, Slope, and Ledger.
Based on information from DappRader, it is interesting to note that the marketplace above has successfully reached a trade turnover of more than $500 million, which is a big deal. This is a big deal, especially given how new the market is in non-fungible coins.
Nifty Gateway
Nifty Gateway is the best place to buy and sell NFTs for affluent and picky customers. Gemini, a well-known cryptocurrency exchange by the famous Winklevoss twins, runs this Ethereum-powered site. It makes buying, selling, and making new digital artworks easy.
The marketplace has gotten much attention for making it easy for world-famous artists like Grimes and Beeple to sell their beautiful works. In the world of non-fungible tokens (NFTs), Beeple’s well-known creation, the Crossroads NFT, sold for a staggering $6.6 million last year on a popular platform.
Nifty Gateway takes a firm stand on creativity and authenticity, so it has to implement authoritarian verification methods for artists. A strict verification process ensures that only verified authors have the right to mint and sell non-fungible tokens (NFTs) in the market. This makes it much less likely that fraud will happen. The site charges all trades involving non-fungible permits (NFTs) a 15% fee.
NBA Top Shot
NBA Top Shot is a well-known NFT marketplace that brings together players and NBA fans from all over the world. It lets them collect, keep, and trade digital cards that show significant bits of basketball skill called “moments.”
These cryptographic tokens are only available to a small group of people. They show fascinating visual media and complex data models of unique events. Users who know what they’re doing can get scarce tokens by putting together specific groups that show how events relate.
The decentralized platform is built on the firm and unchangeable Flow blockchain, which has seen many unique and mind-boggling deals since the beginning of 2019. In the world of NBA Top Shot, some tokens have been traded for large amounts, up to the hundreds of thousands of dollars range. The site charges a 5% fee for every transaction that involves the sale of a Non-Fungible Token (NFT).
The site’s most valuable three NBA Top Shot tokens were the famous Lebron James highlights, which sold for $230,023, $210,000, and $208,000, respectively.
Stashh
If privacy is essential, this NFT platform will get your attention. Stashh is proud that it was the first site for anonymous Non-Fungible Tokens (NFTs). The platform lets you make, buy, and sell non-fungible tokens (NFTs) with built-in private features.
Stashh allows NFT artists to make money from their valuable content and protect their intellectual property. It also gives collectors and customers more freedom in buying, selling, using, and showing off their digital collectibles.
This feat is possible because of Stashh, which takes advantage of the enormous power of the Secret Network. This network, built with the cutting-edge Cosmos SDK, was made with safety and security in mind.
The private marketplace allows a wide range of secret non-fungible tokens (NFTs). These tokens cover various areas, such as games, art, sports, and the risqué. At the time, Annons, MetaRats, and Redacted Club were the most popular collections, with a lot of trade activity on the site.
Stashh charges a fee of 2.75 percent of the sale price, which is taken out automatically when a deal goes through.
Conclusion
If you want to trade in non-fungible tokens, you must find your way through NFT trading sites. In the world of digital goods, the NFT markets listed in this collection are the best of the best. But more sites will pop up in the future since the business is growing so fast and always looking for new ways to grow.
