Buy Bitcoin here
  • Crypto
    • Bitcoin News
    • Ethereum
    • Altcoin
    • Blockchain
    • Blockchain Companies
    • Cryptocurrency Exchanges
    • DeFi
    • Regulation
    • Cointelegraph news
    • Press Release
    • ICO News
      • ICOs Review
      • Upcoming ICOs
      • Scam
  • Education
    • CryptoTicker Starter Kit
    • Blockchain For Dummies
    • Crypto entrepreneurs
    • Free Resources
    • Events
    • Events Review
  • Prices
  • Exchange Comparison
  • Newsletter subscribe

  • News

    • Bitcoin News
    • Altcoin
    • Regulation
    • Blockchain Companies
    • Blockchain
    • Cryptocurrency Exchanges
  • News

    • Ethereum
    • Events Review
    • ICO News
    • Press Release
  • Education

    • CryptoTicker Starter Kit
    • Education
    • Blockchain For Dummies
    • Crypto entrepreneurs
    • Free Resources
    • Events
  • Cryptoticker

    • About us
    • Advertise
    • Media Kit
    • Submit your Press Release
    • Contact
    • Membership Login
  • Social Media

    Facebook Twitter Telegram Youtube
    • Newsletter
  • Crypto
    • Bitcoin News
    • Ethereum
    • Altcoin
    • Blockchain
    • Blockchain Companies
    • Cryptocurrency Exchanges
    • DeFi
    • Regulation
    • Cointelegraph news
    • Press Release
    • ICO News
      • ICOs Review
      • Upcoming ICOs
      • Scam
  • Education
    • CryptoTicker Starter Kit
    • Blockchain For Dummies
    • Crypto entrepreneurs
    • Free Resources
    • Events
    • Events Review
  • Prices
  • Exchange Comparison
Starter Kit Membership Search
English
English Deutsch
Menu
Search


Blockchain DeFi NFT

The Top 5 NFT Marketplaces

Posted On October 2, 2020 Taha Zafar 0

  • share 
  • share 
  • share 
  • tweet 
  • share 
  • share 

Non Fungible Tokens (NFTs) are the next big trend after the DeFi craze. They have been growing in popularity and impact lately. NFTs are Non Fungible Tokens, i.e. they are unique and not exchangeable on a 1:1 basis with other tokens. NFTs can be art, collectible cards, a person’s time or provided services, game items, domains etc and in short, all tokenizable real virtual “assets”.

Tutorial – How To Mint NFTs

Why do they matter? Because they can be used convincingly to prove authenticity and ownership on the public blockchain. Just like the original items or things, they retain their worth, even though the duplicates are arguably easy to make. Just like the original Mona Lisa is worth more than the identical copy you have hanging at home.

Can Enjin Coin (ENJ) Form The Backbone of Non Fungible Tokens?

Two Ethereum standards govern the creation, modification and transfer of NFTs, namely ERC-721 (supporting single tokens creation and requiring a different smart contracts every time) and ERC-1155 (supporting batch transfer and allowing a single smart contract to mint infinite tokens). To support the NFTs indexing and sale/transfer, different marketplaces have sprung up. The top 5 NFTs marketplaces are as follows.

5. Enjin Marketplace

Enjin is the official marketplace for Enjin based NFTs. It allows users to discover, buy and sell NFTs from the web based interface and also the native Enjin wallet. The marketplace was potentially one of the earliest to go online. It allows users to pay with ENJ – the native Enjin token, however ETH is still required to process transactions.

top 5 nft marketplace
Enjin Marketplace – Overview

The platform is aimed at gamers specially, with different items usable across multiple games. Enjin marketplace has significant trading volume, lists thousands of assets and features a clean clutter-less interface.

4. Rarible

Rarible offers minting and marketplace services for NFTs. It even has a governance token called RARI, which allows users to participate in voting on important matters. The users can keep the minted NFTs, gift them and sell on the marketplace.

Top 5 nft marketplaces
Rarible – Overview

The interface allows for creators to set “royalties” meaning that they can receive share from every subsequent transfer of ownership. The interface is neat and filled with simple tutorials to help people navigate around.

3. Super Rare

Super rare, as the name states, deals in super rare art. It’s a NFT marketplace that deals with unique digital art-works. The platform features a simplified experience, social profiles, mobile app, live auctions, extended payment options and improved management.

top 5 nft marketplaces
Super Rare – Overview

2. Decentraland

Decentraland is an informal NFT marketplace, it’s best described as fully decentralized digital world – a Sims-like virtual reality. The users can purchase plots of land (non-fungible unique digital assets) that they can develop upon. It includes the record of the location, owner, content description and access controls.

Top 5 nft marketplaces
Somewhere in Decentraland

The Decentraland DAO holds important smart contracts and assets that make up Decentraland. It also controls high amount of MANA tokens which allows autonomous function, provision of subsidy, normal operation etc. The community can vote on policy update, future LAND auctions, determining the NFT contracts allowed, builder and marketplace etc. In short, they can vote on, whatever they want to vote on. The governance mechanism is built in and powered by Aragon.

1. OpenSea

The first and largest marketplace, OpenSea focuses on every type of Non Fungible Token (NFT). It allows users to sell art, game items, collectibles, virtual stuff, domain names etc. OpenSea variety and transaction volumes eclipses that of any other similar platform. The platform has auction feature and integrations with crypto infrastructure.

top 5 nft marketplaces
OpenSea – Overview

Follow CryptoTicker on Twitter and Telegram for daily crypto news and price analyses!

  • share 
  • share 
  • share 
  • tweet 
  • share 
  • share 

It is super easy to buy Bitcoin. Just take a look at our exchange comparison!

 

 

Follow us on Social Media and subscribe to our free crypto newsletter!

@Telegram
@Instagram
@Twitter 
@TikTok
@Facebook

Diskutiere mit uns!

About Trading @CT Trader
About Crypto in general @CT Inside

This post may contain promotional links that help us fund the site. When you click on the links, we receive a commission - but the prices do not change for you! :)

Disclaimer: The authors of this website may have invested in crypto currencies themselves. They are not financial advisors and only express their opinions. Anyone considering investing in crypto currencies should be well informed about these high-risk assets.

Trading with financial products, especially with CFDs involves a high level of risk and is therefore not suitable for security-conscious investors. CFDs are complex instruments and carry a high risk of losing money quickly through leverage. Be aware that most private Investors lose money, if they decide to trade CFDs. Any type of trading and speculation in financial products that can produce an unusually high return is also associated with increased risk to lose money. Note that past gains are no guarantee of positive results in the future. 

#Decentraland#decentralized finance (defi)#ENJIN marketplace#nft marketplaces#Non Fungible Token (NFT)#Opensea#Rarible#Superrare



You might also like

Blockchain Crypto DeFi DEX Ethereum Uniswap Yield Farming

What Is DeFi? – A Beginner’s Guide To 5 Core DeFi Protocols
January 19, 2021
Blockchain Crypto DeFi Ethereum

What Is DeFi? – A Beginner’s Guide To Decentralized Finance
January 16, 2021
Blockchain Companies Crypto DeFi

Synthetix v3 Poised For 2021 Launch Could Revolutionize DeFi, Here’s How
January 15, 2021

More from Blockchain

Bitfinex To Launch Trading For Beacon Chain Staked Ethereum 2.0 Tokens
Posted On January 21, 2021 Taha Zafar 0

Bitfinex - the major centralized exchange and principal Tether USDT issuer announced on Jan 20 that it will initiate trading …

As the COVID-19 Vaccine Begins to Circulate, IBM Tackles Logistics Via Blockchain.
Posted On January 20, 2021 Santiago Burelli 0

At least seven COVID-19 vaccines have officially been approved throughout the world and have begun distribution. According to Bloomberg, distributing billions …

Ethereum Nears ATH As CME Futures Approach, Here’s What Follows!
Posted On January 20, 2021 Taha Zafar 0

In a long awaited event, Ethereum is finally nearing it's previous all time high (ATH) figure of $1448 (CoinGecko data) …

In order to support and motivate the CryptoTicker team, especially in times of Corona, to continue to deliver good content, we would like to ask you to donate a small amount. Independent journalism can only survive if we stick together as a society. Thank you


  • Top Broker

    Bybit
    bybit
    Review · Visit
    Plus500
    Plus500
    Review · Visit

    Top Exchanges

    Kraken
    Kraken
    Review
    Coinbase
    Coinbase
    Review · Visit
  • Newsletter subscription




  • News

    • Bitcoin News
    • Altcoin
    • Regulation
    • Blockchain Companies
    • Blockchain
    • Cryptocurrency Exchanges
  • News

    • Ethereum
    • Events Review
    • ICO News
    • Press Release
  • Education

    • CryptoTicker Starter Kit
    • Education
    • Blockchain For Dummies
    • Crypto entrepreneurs
    • Free Resources
    • Events
  • Cryptoticker

    • About us
    • Advertise
    • Media Kit
    • Submit your Press Release
    • Contact
    • Membership Login
  • Social Media












    Newsletter


  • Imprint
  • Privacy Policy
  • Non-liability Disclaimer
©2021 CryptoTicker

Share

Share stories you like to your friends