A Guide to The Top 5 NFT Marketplaces

NFTs were the center point of attraction during this bull run. Daily million dollars worth of NFTs were traded on several NFT marketplaces. These marketplaces generated millions of dollars in revenue. They made the whole user experience of buying & selling NFTs easy for the public. NFT artists were able to reach a large number of people due to these marketplaces. This article will serve as a guide to NFT marketplaces. Here is a list of the top 5 NFT marketplaces where you can buy and sell NFTs. Top 5 NFT Marketplaces 1. Open Sea One of the world’s first and top 5 NFT marketplaces, you can think of OpenSea as eBay for digital collectibles. Devin Finzer and Alex Atallah established OpenSea in New York City in 2017. They soon submitted the business to the renowned Y Combinator startup incubator, where it was immediately backed with $2.7M. It is a P2P marketplace exclusively created for NFT users. More specifically, OpenSea offers the setting necessary for producing and exchanging NFTs. The benefit of this platform is that it makes the majority of its operations, if not all of them, possible on the blockchain. Decentralization is a vital component of the platform since users can produce, purchase, and sell NFT-based digital goods without the assistance of a middleman. The ability of OpenSea to streamline the challenging procedures involved in controlling and profiting from NFTs is another noteworthy aspect of the platform. You don...