In the Pandora’s box of NFTs (you know, those non-fungible tokens that everyone’s talking about), where digital art, rare collectibles, and all things unique are taking over the scene, there’s something we all want: a way to make sense of the madness.
As the NFT universe expands, both creators and collectors are on a mission. They want to cruise through the endless digital treasures without sweat easily. That’s where “Sorting of NFT Marketplace Ranking” comes in.
So, in this article, we will be ranking your NFT marketplaces as a game-changer and how it’s making the NFT world a whole lot easier to navigate.
Top 10 NFT MarketPlaces By Ranking
These three NFT marketplaces? They’ve earned their spots, you know? They’re all about making things user-friendly, coming up with cool features, and showing off the best the NFT world offers. So, whether you’re an artist looking to mint your creations or just a collector on the hunt for digital treasures, these platforms are worth a look-see. But wait? There is more. This list has other top 7 marketplaces you want to explore to be an NFT aficionado.
OpenSea launched in 2017 and it stands first in NFT platform ranking, always. It has historically hosted many popular NFTs, including music, photography, art, trading cards and virtual worlds.
For enthusiasts interested in fees, OpenSea charges a fee equal to 2.5% of every transaction. You can expect additional fees when listing an item on Ethereum for the first time.
The core cryptocurrencies on OpenSea are Ethereum, Solana, Polygon, Avalanche and BNB. Payment options do feature other cryptos as well, though. Remember that you can’t use fiat currencies like U.S. dollars or euros.
For beginners and even for seasoned NFT enthusiasts, OpenSea gives a user-friendly interface that is easy to navigate. You can set up an account for free within minutes, start browsing NFTs immediately, and even create NFTs on their platform.
In short, OpenSea is a solid option for beginners looking to get started with a straightforward marketplace who want as many options as possible for NFTs.
Blur has second ranking on this list of the NFT market ranking; the first reason is that Blur didn’t mess around. As time passed, it started snatching up a solid piece of the NFT action. In its second month, boom, it claimed a hefty 23.5% market share and gave Magic Eden a run for its money, becoming the second biggest NFT marketplace. It has been great from its start.
When Blur kicked off in October 2022, it was like a little blip on the NFT radar, with a trading volume of just $23.39 million, barely holding a 4.2% slice according to NFT marketplace ranking 2022.
But, you know, the NFT game can be a wild ride, and it’s hard to predict the future. We’ll have to wait and see if Blur can hold its throne as the top dog among NFT marketplaces, especially after that second BLUR airdrop wraps up.
Rarible’s like the Swiss Army knife of NFT marketplaces – you can buy and sell all sorts of goodies, from art to collectibles, video game stuff, and plain old NFTs. They play nice with Ethereum, Polygon, Tezos, and Immutable X but keep your wallet ready for those fees.
Here’s the twist: Rarible doesn’t let the bigwigs in suits make all the calls. Nope, they went and made their very own token, RARI. The users holding RARI have a say in the company’s decisions, like changing the company policies. It’s like a digital democracy, kind of.
And in 2021, Rarible shook hands with Adobe to make life easier for users dealing with NFTs, and occupying the NFT marketplace volume ranking. They’re all about verifying and safeguarding the metadata for digital content. So, if you’re looking for a marketplace with a big network and solid connections, Rarible could be your go-to.
Axie Marketplace is the go-to spot for all things Axie Infinity. You’re not just buying Axies here; you can also pick up new lands and other items, all in the form of NFTs that you can use in the game. It’s like a digital marketplace playground.
Check out these stats: they’ve had a total sale of 1,371,290 items, with a whopping volume of 38,653.6 and a mind-blowing $119.64 million in sales. That’s some serious Axie action; they’ve sold a staggering 1,369,738 Axies.
If you’re into the whole crypto scene, these Axie Infinity coins, also known as Axie Shards, are Ethereum-based. So, you can find them for sale not only on the Axie Marketplace but also on other NFT markets and crypto exchanges.
NBA Top Shot
If you’re a big-time basketball nut, NBA Top Shot is where you can snag some NFTs of those epic basket-all moments from the history books.
You can pick up video clips, those slam-dunk highlights, and some cool basketball art for the NBA and WNBA. But let me tell you, some of these Moments don’t come cheap. Like, check this out: a video of LeBron James throwing down a nasty slam dunk raked in a whopping $208,000 back in February 2021 when NFT fever was at its peak.
When buying these Moment NFTs, you’ve got a few choices in your toolkit. You can whip out your trusty ol’ credit or debit card or go all fancy and use some crypto magic like Bitcoin, Ethereum, Bitcoin Cash, DAI, or USDC.
Binance, that big-time crypto exchange, jumped on the NFT train in 2021. So, over at Binance NFT, you’ll find the usual digital goodies on other big-shot platforms: cool artwork, gaming stuff, and collectibles that’ll make you drool.
But here’s the sweet deal with Binance NFT – they’re not out to empty your pockets. They only take a teeny 1% cut as a trading fee. Plus, they’ve made it all super user-friendly, with a layout and tech that’ll feel like home once you try it.
For the kicker, Binance is such a heavyweight in the crypto world that they have their blockchain. That’s like having an extra ace up their sleeve, giving them an edge that’ll make you want to hang around their NFT marketplace.
Have you seen the weird punk NFT? If yes, those are the crypto punks, and this NFT marketplace is known for them. Larva Labs has quickly climbed the ranks to become one of the top NFT tokens by Market Capitalization. Interestingly, these digital collectibles were initially distributed for free in 2017, but some have sold for millions of dollars! Due to their success, Larva Labs is working on multiple additional digital art and app development projects based on the Ethereum blockchain.
While the CryptoPunks NFTs are sold out, they can still be auctioned and purchased on third-party platforms. However, it is worth watching Larva Labs’ upcoming projects, particularly the Meebits, which you can purchase directly through their built-in platform.
SuperRare is a premium NFT art marketplace positioning itself as an art gallery within the NFT ecosystem. It sets itself apart by being highly selective with the NFTs it accepts and doesn’t feature “meme-style” NFTs. The platform takes quality seriously, and this can give investors confidence in the artwork available.
This NFT marketplace is an attractive choice for high-end NFT artwork, particularly pieces with a more traditional or classical style. The platform’s curation and commitment to quality make it a platform of choice for collectors looking for top-tier NFT art.
When it comes to fees, SuperRare charges 15% of the sale price for the first time for selling NFT. Additionally, there’s a flat 3% fee on every transaction, which the buyer pays.
The Foundation kicked off in early 2021, and this place has seen over $100 million worth of NFTs change hands, no kidding!
So, if you’re an artist looking for a new hangout, the Foundation welcomes you with open arms. And for all you buyers out there, just load up an Ethereum-filled crypto wallet, and you’re good to go.
But if you’re new to this NFT scene and want something super easy to start your collection, Foundation might not be your simplest bet. But trust us, it’s a goldmine of art in its purest form, laid out in a straightforward style for you to explore.
Magic Eden grabbed a big old 22% slice of the NFT marketplaces, and also overall NFT marketplaces ranking. Well, in Q3 2022, they decided to make a splash in the world of Solana NFTs and did it with style. Magic Eden was already the top dog in the Solana NFT scene, claiming a whopping 90% of the market and hitting a cool valuation of $1.6 billion in June 2022.
With its eye-catching capital raises, Magic Eden Quickly spaced Solana art (which was one of the prominent NFT marketplaces back then). Overall, you can do everything in this place that you can do in any other marketplace.
It’s uncommon for NFTs (those digital collectibles) outside of Ethereum to become a big deal because people often don’t see them as culturally important. But, Solana did something special. They managed to create a strong NFT community with many cool projects, and Magic Eden has led the way in all of this.