Non-fungible tokens, better knowns as NFTs have taken the world by storm, with a total market valuation reaching close to $41 billion in the past year according to a blockchain analytics firm Chainalysis Inc.
NFT is a non-interchangeable unit of data stored on a blockchain, a form of digital ledger that can be sold and traded. NFT can be anything from artwork, gaming items, music pieces, and video clips to a mere selfie. Blockchain-based technology discards the possibility of duplicity for NFT artworks. For artists and creators, NFTs have become a real-time platform to showcase their artwork, a means of connecting with collectors and gaining monetary value over their work.
Here are a few marketplaces that may help creators and artists launch and own their NFTs from the comfort of their screens.
- NFTICALLY
If you’re someone who is just beginning to understand NFTs, NFTICALLY is your one-stop solution. A marketplace in itself, NFTICALLY hosts a plethora of NFT stores on its platform. The user-friendly interface makes the process of both buying and selling extremely uncomplicated. Further, NFTICALLY also accepts wallet and card payments, making NFTs extremely accessible. The platform partnered for exclusive drops with well-established names such as AnyDay, AltiusDAO for Milkha Singh’s collectibles, and ZEE Studios for various projects.
- WazirX
WazirX is a platform that gained popularity as the first centralized cryptocurrency exchange in India. Taking it forward, they have also launched an NFT marketplace. Their carefully vetted set of spotlight artists makes things convenient for collectors.
- OpenSea
The platform prides itself on being a marketplace for rare digital collectibles. With strong analytics and multiple offerings for NFT enthusiasts, OpenSea has built a credible name.
- Binance
Powered by the Binance blockchain infrastructure and community, the Binance NFT marketplace is a relatively new but known name in the NFT space. Their marketplace allows users to not just buy but also bid for collectibles from around the world.
- Mintable
Mintable is a blockchain platform built on top of Ethereum that allows users to create, distribute, buy, sell, and trade digital files on the blockchain through NFTs. The users can use the platform to create, distribute, buy and sell digital cryptocurrency products. It is a great alternative for beginners because it is simple to use.
- ThetaDrop
ThetaDrop is the world’s first real-time NFT marketplace, powered by Theta blockchain, one of the fastest and greenest blockchain platforms built for media and entertainment. The blockchain platform incorporates live streaming during auctions and NFT drops to increase creator-fan engagement with live television and cable broadcast. It is based on a proof-of-stake model, unlike Bitcoin and Ethereum, and therefore is environmentally friendly and 100 percent green.
There are a number of other platforms that are entering the vast ever-growing NFT space in the Indian marketplace. In most of these marketplaces, you can put up your artwork using either the platform’s wallet or you can pay via cryptocurrency.
