Have you watched a game of Cricket? If yes, how do they start the proceedings? Yes, that's right, they toss a coin in the air and choose the side that would opt to bat or bowl. In the same way, there are many occasions when someone uses a coin to start the dealings. It is the same thing when you buy something using money. You would be kinda confused right now? Yes, the concept here is Coins have been better now and have overshadowed the real ones and have become invincible with a new name, NFT- Non-Fungible Tokens. They are new age and can be used to convert your exciting creations into a so-called token and earn ownership of the same. 

NFTs here! NFTs there! And yes, NFTs are everywhere, and people have started adopting the newest change that is revolutionizing the world. They have reached the top surpassing the records of the mighty cryptocurrency in just months. People are eager to mint their creations into an NFT, thus earning more. In the process, people have started to build a marketplace to showcase their talents in the metaverse. What led to the bump in NFTs should be known before moving further.

Biggest NFT Marketplaces List 

OpenSea

OpenSea is the most popular NFT marketplace, with a wide range of digital collectibles ranging from domain names to digital art. Its platform is simple to use, and it is one of the simplest and most affordable ways to create your own NFT collections. It is also said to be the first and the largest peer-to-peer marketplace for crypto goods.

In terms of NFT sales, OpenSea is the market leader. The platform's name is appropriate because it supports over 150 different payment tokens. It also helps artists and creators with its simple process of creating your own NFT (also known as "minting"). OpenSea is said to be the top marketplace in India and the ruler of the crypto world.

Rarible

Rarible is an Ethereum-based platform for creating, selling and purchasing ownership rights to digital works using non-fungible tokens (NFTs). It is said to be one of the best NFT marketplaces in the metaverse. It's a genuine marketplace that can be trusted in terms of its sales. In the NFT marketplace, users can safely create and sell their own NFTs. It also includes NFTs that connect to the DeFi use cases. 

Nifty Gateway

The NIfty gateway is a super exclusive NFT marketplace that shook the world of blockchain by storm. The platform incorporates cryptography and collectible art to create a diverse range of high-value, tradable assets, thus opening up a new world of investment possibilities.

We're excited to announce that Pak's merge drop on Nifty Gateway set a new world record for an NFT sale. In just 48 hours, 28,983 collectors spent $91,806,519 on 312,686 total units of mass, which were then merged to create unique NFTs for each mass collector.

What's next?

The above-mentioned NFT marketplaces are ruling the crypto world in various ways. But, they are not the only ones. There are many marketplaces that stood alongside them in minting various forms of arts, music videos, gaming collectibles, etc. However, the development of the NFT marketplaces is on the go. You can expect a new version of them to be built on a variety of blockchains. It is like adding up fuel to the burning flame. NFTs are growing, and adding more will brighten up their soul. Moreover, creating an exciting user experience will make the people upgrade their way of trade. 

Here We Have Some Top 10 Best NFT Marketplaces 

• OpenSea

• Axie Marketplace 

• NBA Top Shot 

• Rarible

• SuperRare

• Foundation

• Nifty Gateway

• Mintable

• Theta Drop

Rankings of marketplaces

On the whole, OpenSea is said to be a trendsetter. They deal with a wide range of products and have become one of the best in terms of sales. OpenSea is followed by the rest of them. OpenSea always tops the list of Top NFT marketplaces. 

Sales that have transformed them to a whole new level

In the cryptocurrency world, non-fungible tokens (NFTs) are breaking new ground. According to new research from Cointelegraph, people have spent over $9 billion on NFT sales so far, with total NFT sales expected to reach $17.7 billion by the end of the year.

Amitabh Bachchan's recent launch, an autographed vintage poster, and a recitation of his father's classic poem, Madhushala, fetched Rs 7.18 crore ($966,000). 

The NFT series of five digital sketches by Bollywood fashion designer Manish Malhotra was auctioned for around Rs 2.8 lakh. 

According to a recent study, NFT sales increased from $41 million in 2018 to $2.5 billion in the first half of 2021. It is said to be a 60-fold increase in three and a half years. 

Compared to 2020, the increase is astounding. Total sales in 2020 were $340 million, according to reports from a popular NFT website, and sales in 2021 have already surpassed $9 billion, a more than 25-fold increase.

According to the study, monthly sales volume reached $360 million in May 2021. Shortly after, the NFT euphoria was shattered by a sharp drop in crypto markets, with daily volumes plummeting by up to 90% of previous highs.

On the other hand, NFTs bounced back in July, reaching new highs and a total volume of $2.6 billion in August.

These sales made people rethink about their business and jump into the world of NFTs. Moreover, there are a lot more NFT marketplaces that stood to the occasion and started to storm the minds of people in launching an NFT marketplace and earning more rewards in this venture. Here are a few marketplaces that stood as an example for beginners and are said to be the best NFT marketplaces for beginners.

Finishing up

You must have come across the top three NFT marketplace that rules the crypto world. You can start minting your articles in the best NFT marketplace of your sort. They deal with all the functions that you would require in generating a world record of NFT sales. The NFT marketplace websites will suit up with ideas and things necessary to mint your valuables and make them count. However, you can also get in touch with the leading blockchain development companies to help you build a marketplace of your choice. You can decide on what to build and how to stand on the rankings, and they make up your requirements. Trade and earn more.