To be part of the NFT marathon, you first have to decide on the marketplace you want to run this marathon. And to help you here are the 5 best NFT marketplaces according to the 2023 ranking.
If you want to get in on the NFT trend, an NFT marketplace is your way to buying and selling digital goods ranging from art to entire virtual worlds. NFT Marketplace is actually the Amazon for the virtual world. There are several Most Popular NFT Marketplaces, many of which focus on a specialized sector or niche. What should you look for in an NFT marketplace ranking by sales, volume & capitalization before picking which one to good to go with? And which are the best NFT marketplaces rankings? So let’s get started!
- Let us have a look at some of the top NFT marketplaces in terms of the highest trading volume.
- OpenSea ($1.45 million)
- Axie Infinity ($1.26 million)
- NBA Top Shot ($1.06 million)
- AtomicMarket ($850,840)
- Decentraland ($789,670)
- In terms of the highest sales, the following are the top 5 NFT marketplaces.
- CryptoKitties (2,879,359)
- Gods Unchained (572,996)
- Sorare (382,410)
- Ethereum Name Service (154,146)
- Decentraland (126,268)
- Considering the highest number of traders, the top NFT marketplaces are listed below.
- AtomicMarket (20,585)
- NBA Top Shot (19,380)
- Axie Infinity (2860)
- OpenSea (2569)
- Sorare (1979)
Why Choose an NFT Marketplace by Ranking
|Ranking||NFT Marketplace||Description||Focus||Key Features|
|Rank 1||OpenSea||One of the largest NFT marketplaces, with a wide variety of offerings||General||Large selection, customizable storefronts, API for developers|
|Rank 2||Rarible||Decentralized marketplace for NFTs that allows users to create and sell their own tokens||General||Decentralized, user-generated content, customizable storefronts|
|Rank 3||SuperRare||Marketplace for digital art that focuses on high-quality and unique works||Digital art||Curated selection, artist profiles and galleries, social features|
|Rank 4||KnownOrigin||Marketplace for digital art and collectibles with a curated selection of offerings||Digital art, collectibles||Curated selection, artist profiles and galleries, transparent pricing and sales history|
|Rank 5||Foundation||Decentralized marketplace for NFTs with a focus on digital art and collectibles||Digital art, collectibles||Decentralized, artist profiles and galleries, transparent pricing and sales history|
|Rank 6||NBA Top Shot||NFT marketplace for officially licensed NBA collectibles, including in-game highlights and player cards||Sports collectibles||Licensed, official NBA content, social features|
|Rank 7||Codex||Marketplace for unique and rare NFTs, including art, collectibles, and assets from virtual worlds||General||Rare and unique offerings, transparent pricing and sales history|
|Rank 8||Alien Worlds||Decentralized NFT marketplace and metaverse game that allows users to earn and trade NFTs||Game items, virtual assets||Decentralized, game integration, social features|
|Rank 9||Gods Unchained||Digital card game and NFT marketplace with a large and active user base||Game items||Game integration, social features|
|Rank 10||Axie Infinity||Decentralized NFT marketplace and game that allows users to buy, sell, and breed virtual creatures called Axies||Game items, virtual assets||Decentralized, game integration, social features|
To begin, keep in mind that an NFT (non-fungible token) only shows ownership. Before you choose an NFT marketplace, you’ll need first to determine NFT marketplace ranking by volume and then figure out what sort of digital asset you wish to purchase, sell, or create. The written word, pictures, video games, art, collectibles, and so on may all be tokenized on a blockchain such as Ethereum, the most prevalent blockchain network on which NFTs are created, so limiting your interests is a smart place to start.
Another factor to consider is the type of tokens that a marketplace accepts. Various marketplaces accept a wide range of tokens. On the contrary, some others use a distinctive and unique token. While creating an account on the NFT marketplace, make sure to add some acceptable tokens or coins to your blockchain wallet to engage in the site’s activities. Once you’ve created an account, you’ll be asked to connect your wallet to the NFT marketplace. Analyze among the Largest NFT marketplaces to discover what type of security the marketplace has in place and if it has ever had any problems.
Top 10 NFT Marketplaces with Rankings
The following are among the best NFT Marketplaces with the highest Rankings:
- Axie Marketplace
- LarvaLabs/ CryptoPunks
- NBA Topshot Marketplace
- Nifty Gateway
- Theta Drop
- OpenSea – The Larget NFT Marketplace by User base
In terms of NFT sales, OpenSea is among the top NFT tokens by market capitalization. OpenSea offers a wide range of digital assets on its platform, and signing up and exploring wide selections is free. It also helps artists and creators, and it provides a simple process for creating your own NFT that is known as minting.
NFT marketplace OpenSea valued at more than $13bn
The platform’s title is suitable because it supports over 150 different payment tokens. OpenSea is a wonderful place to start if you’re new to the NFT environment.
Axie Marketplace is the online marketplace for Axie Infinity, a video game. Axies are legendary animals that may be purchased and trained before being battled against the Axies of other players for rewards. Players may purchase new Axies, as well as new lands and other goods, as NFTs for use in the game on the Axie Marketplace.
|TOTAL SALE||TOTAL VOLUME||AXIE SOLD|
Axie Infinity coins, also known as Axie Shards, are created on the Ethereum network. As a result, they’re available for sale and purchase on a number of additional NFT markets, as well as other cryptocurrency exchanges.
- LarvaLabs/ CryptoPunks
Larva Labs is best known for the CryptoPunks NFT project, which went viral and is among the top NFT tokens by Market Capitalization. CryptoPunks were first given away free in 2017, but some have later sold for millions of dollars. Larva Labs is working on several additional digital art projects, and other Ethereum blockchain-based app development projects.
The CryptoPunks NFTs from Larva Labs are sold out, however, they can be auctioned on and purchased on various third-party platforms. Nonetheless, Larva Labs’ several projects are worth following, particularly the Meebits, which can be purchased directly through the company’s built-in platform.
The NBA and the Women’s National Basketball Association have entered the NFT market with NBA Top Shots. Collectible moments (video clips and playing highlights) and art from the world’s top basketball leagues may be sold on its marketplace.
Using Dapper Labs’ Flow blockchain, the NBA created it as a closed marketplace (you can only purchase and sell on Top Shot). Signing up and purchasing directly from the Top Shot marketplace website is simple. Users may buy collectible moments for as low as a few bucks.
Rarible, like OpenSea, is among the Largest NFT marketplaces for all kinds of NFTs. On the site, you may buy, sell, or produce all sorts of art, movies, collectibles, and music. The Ethereum blockchain supports Rarible (although artwork can also be managed on OpenSea using Rarible tokens).
The company has collaborated with a number of well-known businesses. Taco Bell has posted art on Rarible, and Adobe, a cloud software giant, has joined with Rarible to help secure NFT creators’ and artists’ work.
SuperRare, like Rarible, is creating a marketplace for digital creators. Collectors may purchase artwork using Ethereum on the site, which includes paintings, videos, and 3D graphics.
SuperRare just announced the launch of its own Ethereum-based currency with the same name. The tokens will be used to discover and select fresh talent for the platform. On OpenSea, SuperRare NFTs, such as Rarible, may be purchased and sold.
Foundation was created as a basic, hardly a method of bidding on digital art. Ethereum is used to sell art. Since its beginning in early 2021, the marketplace has sold over $100 million in NFTs.
The Foundation community invites artists to join the platform, and purchasers just need an Ethereum-funded crypto wallet to get started. Foundation isn’t the best place to start if you’re looking for a simple and easy-to-start making your own NFTs, but the marketplace offers lots of artwork that can be seen in a basic style.
Nifty is among the highest NFT marketplace ranking by sale. Nifty Gateway has helped some of the most well-known digital artists, sell their music. It’s a cryptocurrency marketplace art collection platform. The NFTs, are Ethereum-based.
In addition to being a chosen platform, Nifty Gateway also holds any NFTs purchased, which means the NFTs aren’t held in your wallet but rather by Nifty Gateway. While this may not suit NFT collectors who like greater freedom in their art investments, Nifty purchases and sales may also be conducted in fiat money (e.g., US dollars) without first purchasing cryptocurrency.
Mintable, which entrepreneur Mark Cuban funds, aims at building a similar open platform like OpenSea. You’ll need Ethereum to participate in purchasing and selling NFTs on Mintable. The platform also allows creators of all kinds (from painters to singers) to mint NFTs in order to market their work as digital assets.
An aspiring NFT collector or creator must first purchase Ethereum on a crypto exchange, then connect their wallet to Mintable to participate in the marketplace’s bidding and buying.
Theta is a blockchain platform for decentralized movie and television streaming on the internet. Theta Drop, a new NFT store, debuted in 2021 with digital collectibles from the World Poker Tour which now broadcasts content on the network.
Theta’s unique blockchain technology is used. You’ll need to buy Theta Token to participate in the Theta Drop NFT marketplace. Theta is supported by several crypto exchanges, including Binance, and the tokens and NFTs purchased with them may be saved in a crypto wallet or in Theta’s own crypto wallet software.
Top NFT Tokens Ranking by Market Capitalization (Of this month)
|10||Smooth Love Potion||SLP||$1,033,658,803|
NFT Token Ranking by Volume
|2||Smooth Love Potion||SLP||$786,022,763|
Investing in NFTs
NFT marketplaces are a good place to start if you want to invest in digital assets, collectibles, or art, but there are plenty of other choices. Depending on the sort of NFT you want and the crypto you want to use for transactions, make sure you pick one that meets your buying and storing needs.
Also, keep in mind that this is a brand-new industry with a high level of risk. There’s a chance that certain NFTs may rise in value, but there’s no certainty at what pace they will fall down. Digital art and collectibles have the same subjective value as real art and collectibles: value is decided by factors such as uniqueness and the status of the artist who created it. Consider your entire investment plan, net worth, when making a purchase, if any.
Here’s a list of top NFT marketplace ranking in 2023.
Without a doubt, OpenSea is one of the most preferred platforms for NFT traders. According to the 2023’s NFT marketplace ranking, it is the number marketplace due to its security features and also its compatibility with the non-custodial wallet.
Further, it also provides you with over 19 million different NFTs to pick from and many various categories and wallets supported. The commission rate is just 2.50%. If you don’t like paying hefty fees, you can select one of the 3 blockchains available.
Yet another best marketplace is the NFT Trade. Trustworthy, secure, and easy for every NFT trader, if you are just starting up with the NFT Craziness, go with the NFTTrade.
NFTrade supports numerous blockchains, including Ethereum, Polygon, Binance smart chain, & Avalanche. The platform currently gives 0% fees to anyone who wishes to sell or buy their NFTs. It is relatively new, but given that they support four different blockchains, the platform helps you anticipate rapid growth in NFT trading.
By Feb 2023 AtomicHub NFT Marketplace will become one of the largest marketplaces in terms of total trading volume, and it has the most NFTs published. On the platform, there are over 63 million NFTs, and the number is growing by the day. It’s worthy to stand third on the NFT platform ranking.
When compared to other NFT marketplaces, AtomicHub offers exceptionally cheap fees. With a WAX token, which you can obtain from any major exchange, you can begin producing NFTs. Making the first few NFTs for free, you’ll need to purchase WAX tokens after that if you want to continue.
Ethereum-based marketplace, SuperRare facilitates communication between digital artists & collectors. It is a user-friendly NFT marketplace with expanded functionality that allows you to navigate and complete activities easily. It operates a primary and secondary market, allowing creators to mint and sell NFTs and collectors to resell them.
To sell your artwork on this marketplace, you must first be authorized by the SuperRare moderator staff. It’s difficult to get in, but the majority of the work submitted is excellent. This marketplace has a primary focus to bring quality, not market flooding.
5. Art Blocks
Art Blocks is an NFT marketplace, yet another marketplace with the highest NFT market ranking. It allows artists to buy and sell generative art. This viable process is carried out with the assistance of the built-in blockchain network. These Art NFT collectibles are unique and differ greatly from one another.
In essence, the creator will write an algorithm and put it on the Ethereum blockchain. The image will be generated and made on the spot during the minting process. Some of the artifacts created in this series sold for exorbitant prices. ArtBlocks secure NFT art, focus on the security of the NFTs arts, and provide full security against stealing and plagiarism.
According to DappRadar, a monthly sales volume of USD 400 million at the start of 2021, the market cap of NFT now stands at more than USD 13 billion. Here is the list of NFT marketplace rankings of this month.
- OpenSea – OpenSea At first position in NFT sales.
- Axie Marketplace –
- Rarible – Rarible is another large marketplace for all sorts of NFTs
- Foundation.app – it has sold more than USD 100 million of NFTs.
- Nifty Gateway
- Theta Drop
- Cardingo – It has sell option at the full functional marketplace
- BakerySwap – BakerySwap is the 1st AMM i.e Automated market maker +NFT exchange
- Melos Platform –
Yes, currently Opensea is the biggest NFT marketplace by popularity and userbase.
Opensea and Rarible are the most popular Marketplace of 2023.
No one answer for this question. Well for us, it’s Opensea. Opensea is the best marketplace.
According to MakeAnAppLike, Opensea was the first fully functional NFT marketplace. Opensea was launched in 20 December 2017.
Buying, selling, and trading NFTs will become more popular as time goes on. NFTs may become common in a few months, and many people may wish they had learned more about them sooner. Before investing in assets, always consider the NFT marketplace ranking while selecting a marketplace. We hope that the blog will help you in your wise decision-making.