Top 5 NFT Marketplaces: Coinbase NFT
If you could own an NFT of one iconic holiday movie scene, what would it be? Drop GIFs below.— Coinbase NFT (@Coinbase_NFT) December 24, 2021
We’ll start … pic.twitter.com/w2PHKX5Pgo
The Coinbase platform wants to hop on the widespread NFT train in the forthcoming months. Thus, Coinbase is now one of the other NFT platforms on which digital artworks can be exchanged. The marketplace waiting checklist recently exceeded 1.1 million people. This is more than OpenSea’s active user base. With 73 active users at Coinbase, the new NFT marketplace has enormous growth potential.
Top 5 NFT Marketplaces: FTX NFT
Another prominent crypto exchange, FTX, has already established its own NFT marketplace. In October, FTX NFT launched with Solana-based NFTs and has meanwhile expanded its collection with Ethereum-based NFTs. Unlike OpenSea and Coinbase NFT, FTX NFT is centralized. The user data is held on a separate network. Thus, users must anticipate more stringent regulations. However, at 2%, the fees are lower than other marketplaces.
Top 5 NFT Marketplaces: Rarible
There was a time when Rarible as an NFT platform had an edge over OpenSea. The monthly trading volume was once more elevated than the rival. In the meantime, the situation changed. But like OpenSea, Rarible is one of the NFT marketplaces that support countless other blockchains. Rarible in 2022 persists to be an influential competitor for OpenSea due to its decentralization and broad support for different blockchains.
Top 5 NFT Marketplaces: Zora
Build on Zora:https://t.co/NFnRtnrf81— zora.eth (@ourZORA) January 9, 2022
Zora places itself as a platform for Web3 and decentralization. The platform is a totally permission-free “on-chain” platform. It has a network without any expenses and is based on a permissionless protocol. With this, Zora wants to present artists with more sovereignty. If the trend towards more independence continues, Zora could become one of the most significant NFT marketplaces in 2022.
Top 5 NFT Marketplaces: Magic Eden
Magic Eden is presently the top NFT marketplace for the Solana blockchain. Since its takeoff in mid-September last year, Magic Eden has mounted the top NFT marketplaces. The number of exceptional wallets has been growing continuously for 2 months, making the platform a strong contender for OpenSea. Similarly, the platform has very low transaction fees of 2%.
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