top nft marketplaces by volume:A Comprehensive Analysis of the Volume of Top NFT Marketplaces
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Non-fungible tokens (NFTs) have become a buzzword in the digital asset industry over the past few years, with their unique property of being unbreakable and unique in the blockchain world. NFTs have been used in various applications, such as art, collectibles, and even real estate. As the popularity of NFTs grows, so does the need for a centralized platform to buy and sell these unique items. In this article, we will explore the top NFT marketplaces by volume and analyze their performance.
Top NFT Marketplaces by Volume
1. SuperRare (SRR)
SuperRare is one of the oldest and most well-known NFT marketplaces. It was founded in 2017 and has since become a go-to platform for collectors and artists looking to buy and sell unique NFTs. SuperRare has a robust community of artists and collectors, making it a popular choice for those looking to invest in NFT art. The platform has a robust volume of transactions, with an average of $1 million in sales per month.
2. OpenSea (ERN)
OpenSea is the largest NFT marketplace in terms of volume, with over 100,000 daily transactions. It was founded in 2018 and has since become the go-to platform for buyers and sellers looking for a wide variety of NFTs. OpenSea supports multiple blockchain networks, including Ethereum, Polygon, and Solana, making it accessible to a global audience. The platform has a volume of over $50 million per month, making it the clear leader in the NFT market.
3. Rarible (RARI)
Rarible is a relatively new player in the NFT market, launching in 2020. It focuses on offering a more efficient and user-friendly experience for creators and collectors. Rarible has a volume of around $5 million per month, making it the third most active NFT marketplace. Its focus on ease of use and simplicity may help it gain more traction in the future.
4. Foundation (FAUC)
Foundation is another old school NFT marketplace, launched in 2017. It has a focus on artists and collectors, with a robust community and a wide variety of NFTs available for purchase. Foundation has a volume of around $3 million per month, making it the fourth most active NFT marketplace. Its strong focus on art and collectibles may attract a different audience than the other marketplaces on this list.
5. MakersPlace (MPLZ)
MakersPlace is a smaller but still significant NFT marketplace, with a volume of around $1 million per month. It focuses on handmade NFTs, meaning that the items for sale are unique and hand-created by the artists. MakersPlace has a strong community of artists and collectors, making it a great option for those looking for unique and handcrafted NFTs.
The top five NFT marketplaces by volume provide a diverse range of options for buyers and sellers looking to invest in unique digital assets. Each platform has its own unique focus and appeal, making it possible for collectors and artists to find the perfect fit for their needs. As the NFT market continues to grow, it will be interesting to see which platforms will emerge as the clear leaders in this rapidly evolving industry.