Have you purchased your first nft if not then here are the best nft marketplaces list where you can buy your first nft and start your nft investment journey.

1)Open sea :

Open sea is a decentralized platform for buying and selling digital goods it includes collectibles in games items, digital art, music, domain name and other forms of digital assets that are developed on a blockchain such as ethereum not only this but also the open sea is also a digital asset aggregator includes digital assets available on other marketplaces.

It is one the largest NFT marketplaces with an average 7 Days trade volume of approximately $800 million.The open sea was founded in NYC in 2017 by Devin Finzer and Alex Atallah. and has been a payoneer in the NFT place since then.

Not only this but the platform is backed up by many angel investors such as mark cuban , Tim ferris, balaji Srinivasan, Naval ravikant and many more.For trading open sea uses smart contract this means that no central authority can ever have custody of your digital items. Instead, users store items in their wallet of choice -whether that’s a mobile wallet like coin base, or Opera touch, or an in-browser chrome extension like meta-mask. This provides better recognition for the creator’s work.

Advantages of using open sea include enabling the nft creator like digital artist to receive royalties in proportion to the value of the token.The platform uses Ethereum blockchain standard ERC721 and ERC1155 to ensure that the users and NFT creators do genuinely own the items they trade. At the moment open sea supports ethereum and polygon blockchain network. 

The platform charges 2.5% of transaction from the sellers and no fee is charged from the buyers.this fee structure is the amongst the lowest in the market.Recently open sea has launched its mobile application that supports both android and ios devices this would further help to trade nfts from the comfort of a smartphone.

2)Solanart :

Solanart is a NFT marketplace built on the solana blockchain network that allows users to buy solana based nfts.solana is a blockchain network similar to Ethereum and has picked up a lot of stream because of NFT craze.

Further Due to Ethereum gas fee is very expensive at the moment, solana NFT ecosystem has grown tremendously.The average 7 day trading volume of solanart is $89 million.The platform charges 3% transaction fee on each transaction.

A creator of NFT may also charge a creator fee on a transaction.This is solely discretionary for a creator.this platform is in it’s beta version.

3)Rarible :

Rarible launched in early 2020 by alexi fallon and alexander salnikov.Rarible is an ethereum based open source marketplace for the minting buying and selling of non fungible tokens.In true decentralized fashion, this Moscow based marketplace is not restricted and can be accessed by anyone who wishes to use it.

On rarible art ntfs can be easily created without any coding knowledge and users are able to seamlessly purchase the pieces they like the most with just a few clicks of a button.

According to Dapradar wearable comfortably sits in the sixth place amongst the iop nft marketplaces with a total numbers of traders equating 82000 and all-time cumulative volume of 260 million dollars. In February 2021 rarible raised $1.75 million in a seed round led by 1kx, parafi capital, and coin base ventures.

When it comes to using the marketplace users can either create a collectible or simply explore the marketplace at their own leisure.Users will need to connect an ethereum wallet like meta mask formatic wallet link or wallet connect to rarible’s interface to access it’s portal.

One of the key features of wearables is that of self listing which essentially means that artists can create a marketplace for their ntfs without paying any commission or platform fees.

4)SuperRare 

SuperRare is P2P nft marketplace leveraging the power of the ethereum blockchain.It is a US based nft marketplace it’s been active since 2017 and the great majority of the nfts traded on it’s terminal are eth based erc 721 tokens.

The company is based in new york new jersey and it was founded by john crane , charles crane and jonathan perkins who are superRare’s ceo.During the boom of 2021 superRare raised nine million dollars in a series A funding round from top tier investors.

SuperRare is a simple to use decentralized application for artists , creators and collectors which in turn also makes it the ideal portal for them to sell trade and collect art.The nft marketplace and decentralized social network cross over is a relatively new concept in the non fungible space and super rare truly seems to have first mover advantage in this matter.

Super rare charges a simple three percent fee on all the purchases which are all paid by the buyer and while this is 0.5 percent higher than open sea three percent is very reasonable in the grand scheme of things.

5)NBA Top Shot :

The last marketplace on our list is from dapper lab’s flow blockchain and it’s an incredibly well recognized NBA top shot marketplace. In mid- 2019 dapper labs signed a multi-year licensing deal with the NBA to create a one-of-a kind nft market place specifically for in-game moments.

NBA top shot is an industry leader when it comes to sports nfts and it has firmly established itself as a true pioneer in the space.In march 2021 dapper labs secured a 305 million funding round backed by a roster of professional athletes and media personalities.

NBA top shot has seen over 700 million dollars in trading volume it counts over 450000 traders and almost 10 million sales at an average price of 72 dollars per nft.the highest sale for an individual in-game movement was that of all-star lebron jame’s series one dunk a highlight that sold for total of 230 000 $ in august of this year.platform users can create their collections store thrie packs gain access to exclusive benefits select moments from their favorite teams , join communities and even embark on some rather exciting challenges with other users.