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What is NFT Marketplace?, NFT Marketplace Website and Top NFT Marketplace

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What is NFT Marketplace?  

Did you know that NFT existence was since 2015?. The technology was not so popular until Beeple sold his first NFT project for 69 million dollars!. NFT become a trend virtually everyone wants to understand. 

It's pretty okay that you’re also interested in knowing how NFTs are created and distributed in marketplaces. NFTs are unique items that you can't replace with something else. Look no further, as this article will show you just everything you need to know about NFT marketplaces alongside a comprehensive NFT marketplace list and you possibly get your started in your NFT journey.

NFT marketplace is quite important for listing your NFT and ensuring that it is easily accessible for trading. Non Fungible Tokens traded on an NFT marketplace are different from fungible entities that are similar to each other.

So, what is NFT marketplace?

An NFT marketplace allows you to mint (create), buy and sell NFTs. They typically run smart contracts that give them access to blockchain on which NFTs are registered and assigned proof of ownership. You have to sign up on a marketplace before you do any “NFT businesses.”

NFT Marketplace Website

Registering give you your own space and dashboard to do whatever you want. There are several marketplace out there, including: Opensea, Rarible, SuperRare, Foundation, Atomic Market, Bakery Swap and many more!. While they have different structures and features, they basically do the same thing which is the creation and trade of NFTs.

If you want to register and trade NFT, please refer to the link from the NFT marketplace website:

1. Opensea.io

opensea.io

2. Axieinfinity.com

axie marketplace


3. Rarible.com

rarible.com
4. SuperRare.com
superrare.com
5. Foundation.app
Foundation.app
6. AtomicMarket.io
AtomicMarket.io
7. BakerySwap.org
BakerySwap.org
Apart from that, you can also try other NFT marketplaces. However, what has been shown is a link that many users use.

Every NFT marketplace is built on a blockchain and requires the use of digital wallets for transactions. In fact, without a digital wallet it is impossible to carry out NFT transaction. A digital wallet acts as an intermediary between a blockchain and a marketplace. Here's how and why:

First, To sign up in most marketplaces. You will be required to have a wallet address that you get from a digital wallet.

Second, Blockchain charges a kind of fee for every NFT transaction, known as a GAS fee. You will need a funded wallet to pay this fee and complete your NFT transactions, which including minting, buying, selling, or even burning of NFTs.

Third, Digital wallets allow you to assign signatures and register ownership for an NFT you wish to mint.

Forth, With digital wallets, it is faster and easier to hold and spend your token and also receive funds earned from NFT marketplaces. NFT marketplaces are just an excellent way to begin your NFP journey. 

You can get started with open NFT marketplaces, like Opensea. Whatever you choose, the goal remains the same explore, mint, buy, sell and make the most out of the NFT technology.

Top NFT Marketplace

The top NFT marketplace is OpenSea. OpenSea is The world's first and largest digital marketplace for crypto collectibles and non-fungible tokens (NFTs). Buy, sell, and discover exclusive digital items.

So, Opensea is recommended for you to trade NFT. The number of users gives the opportunity for your NFT to be known by many users.


Reference: https://youtu.be/DQ-aAGDp6Y8

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