TOP 5 STORES TO BUY NFT
Good morning dear readers of Tecnogalaxy, today we will see the top 5 store to buy NFT. Let’s first see what NTF are and how you can earn money.
What is an NTF?
Fungible tokens or NFT tokens are cryptographic resources on a blockchain with unique identification codes and metadata that distinguish them from each other. Unlike cryptocurrencies, they cannot be exchanged for equivalence. This differs from fungible tokens such as cryptocurrencies, which are identical to each other and, therefore, can be used as a means for commercial transactions.
The choice of an NTF market
First, remember that an NFT (non-fungible token) simply represents the ownership of an asset. Before choosing an NFT market, you must first decide the type of digital resource you are interested in buying, selling or creating. Almost everything that is digital, the written word, videos, video games, art, collectibles, etc., can be tokenized on a blockchain.
Another consideration is the type of tokens supported on a market. Some support a wide variety of tokens. Others are closed markets and use a specific proprietary token. When you open an account on the NFT store, make sure you fund your blockchain wallet with the right cryptocurrency or token required to participate in site activity. You will be asked to link your portfolio to the NFT market after opening an account.
OpenSea is the leader in NFT sales, has all kinds of digital resources available on its platform and is free to register and browse the extensive offers. It also supports artists and creators and has an easy-to-use process if you want to create your own NFT (known as “minting”). The market supports more than 150 different payment tokens. For an introduction to the NFT world, OpenSea is a great place to start.
Axie Marketplace is the online store for the Axie Infinity video game. Axies are mythical creatures that can be purchased and trained and then compared to other players’ Axies to earn rewards. At Axie Marketplace, you can buy new Axies, as well as entire lands and other items, such as NFT to use within the game.
Larva Labs is best known for the CryptoPunks NFT viral project. Initially they were given away for free in 2017, but since then some CryptoPunk have been sold for millions of dollars. Larva Labs has other ongoing digital art projects such as Autoglyphs, as well as other Ethereum blockchain-based app development projects.
Larva Labs’ NFT CryptoPunks are out of stock, but can be offered and purchased from various third-party markets. However, it is worth keeping an eye on the various Larva Labs projects, including Meebits, which can be offered directly from the company’s integrated market.
NBA Top Shot marketplace
NBA Top Shot is the foray of the National Basketball Association and the Women’s National Basketball Association into the NFT world. On its market, collectible moments (video clips and highlights of the game) and artwork can be purchased from the world’s leading basketball leagues. The NBA built it as a closed market (you can buy and sell only on Top Shot) using the Flow blockchain built by Dapper Labs. It is easy to register and buy directly on the Top Shot market website. Collection moments can be purchased for a minimum of a few dollars.
Rarible is another big market for all types of NFT, similar to OpenSea. All kinds of art, videos, collectibles and music can be purchased, sold or created on the platform. However, unlike OpenSea, you will need to use the market’s Rarible token to buy and sell on the market. Rarible is built on the Ethereum blockchain (although artworks can also be managed on OpenSea using Rarible tokens).
This is all about NFT, in a future article.
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