Top 5 NFT Metaverse Marketplaces

Nft's non-fungible tokens became one of The biggest stories in all of crypto Last year in 2021 but so far in 2022 it Looks like the nft market is kind of Losing steam the nft global sales which Stood at a record over 4.62 billion Dollars in january just a few months ago Of 2022. that figure slumped to about 2.99 billion dollars in february and Fell even further all the way to 2.44 Billion dollars in march And by april 17th the global sales were At only 1.21 billion Nft sales yes are down but they're not Out in fact the number of sales have Increased for the first time in the last Three months from just under 16 000 in March to over 31 900 in april of 2022 and this could very Much mean that the nft market is ready To return to a growth stage and if so It's because the nft industry is Intertwined with really some of the Biggest and fastest growing industries In the digital space things like gaming The metaverse of course and web 3 things That we talk about on a pretty regular Basis and so there's lots to look Forward to which means that if you miss The ride on the last nft wave this could Be the perfect opportunity for you to Invest in some nfts but are you buying Your nfts in the right places that's the Question of course a little bit of

Knowledge and some caution is a very Good thing in the crypto space and that Of course is where we endeavor to help You guys out in your crypto journey so In this video stay tuned we are counting Down the top five nft marketplaces that You must absolutely know about [Music] Welcome my name is matty and this is Altcoinbuzz we are a crypto investment Research company we have documented many 100x returns on coins and tokens that Are top projects today really before Anyone else was even talking about them And if you want to see our detailed Process for researching such projects Then our new and improved altcoin buzz Access group is for you our plans start At 99 Monthly be sure to click the link below For more information we always and very Genuinely wish you guys the best of luck And the best of prosperity the best that Fortune has to offer if you do choose to Invest but just bear in mind that any Kind of investment does have Corresponding risk whether or not we're Talking about crypto because of course There's also risk in traditional stocks Wall street you name it and just keep in Mind that we're expressing our opinions In these videos none of this should be Considered official financial or Investment advice and just before we get

Into it it should be noted that we're Gonna be talking about our five favorite Nft marketplaces today but if you're not Aware there's been really a major shift In terms of some of the standings in Terms of some of these nft platforms They've been reorganized almost like a Deck of cards that's been reshuffled It's been pretty intense for example if You check out the top 10 nft Marketplaces ranked on the basis of Sales volume Seven of them are built on the very fast And rather cheap block chains like Polygon flow wax bsc and solana and this Means that even though a majority of Users trade nfts on the ethereum Blockchain a shift towards alternative Blockchains has already taken place and Is very much observable but with that Context in mind let's launch right into Our list and our number one nft Marketplace is open c this was the first Nft marketplace really to go viral in 2017 for example it launched its beta Version so it's been around for several Years already but not really until October 2019 did open c reach 10 000 traders on Ethereum and at present over 1.5 million Traders use open c that's also because The fact that in q3 and q4 of last year 2021 open c integrated polygon to Support lost cost and high speed nft

Minting in fact overall 87 Of total volume in the whole sector is Executed in openc believe it or not and If you need a super simple guide that Could very well help you out check out This article on Altcoinbuzz.io we'll link to it in the Description below but which nft Collections specifically had tremendous Success Well here's one i'm sure you've heard of Board ape yacht club they currently have 10 000 nfts and 64 of those so 6 400 have an owner with 462 000 ethereum in trading volume and then Similarly as you probably know there's Mutant ape yacht club with 18 400 nfts 65 of which have an owner with 284 000 Ether in trading volume but look Although we may be painting a rosy Picture everything is not perfect on This platform open c had a phishing Scandal recently which gave the entire Nft sector kind of an emotional shock But to be fair the platform seems to Have fixed this problem with a Collection verification process openc Offers a lot there's no doubt about it There's really something for everybody Depending on the type of nft that They're interested in that they'd want To collect in the first place we're Talking about art different collectibles Domain names music photography sports

Trading cards utility items and even Virtual worlds and interestingly open c Is the first cross cross-chain nft Marketplace that didn't charge any fees For nft designers to sell them openc has Even partnered with cointracker a Leading crypto tax offering platform to Help many nft designers with their tax Problems and various needs and openc Even gives users a pretty nifty royalty Option you may not have known this but When you upload any nft into the Marketplace you can establish a 2.5 Income revenue with a 2.5 fee for every Progressive sale and openc has also Integrated with solana's blockchain so Users are going to be able to quickly Trade their nfts with a very low fees as With all things this started out in a Beta version but seems to be coming Along and we feel that there's a lot of Potential here all right moving along to Nft marketplace number two we are Considering looks rare so according to Dap radar the platform here has more Than 46 000 traders at present with a Total trading volume of 18 18.19 billion Dollars in nfts looks rare really Rapidly climbed up the ranking ladder And is strongly competing against openc For its market share that's mainly Because it rewards its users with looks L l-o-o-k-s the native token of looks Rare for buying and selling

Also staked looks tokens earn w eth and More looks from trading fees there's More to it than that however because Users can also stake looks tokens with a 200 Apr and have access to instant royalties As well and if you guys are more Interested perhaps in a direct Head-to-head comparison between openc And looks rare then you're going to want To check out this video we talked about The two platforms in the context of nfts This was published back on february 6th So a couple months ago according to the Total trading volume of the platform Here are the best nft collections There's terraforms so three million eath With a total supply of 9992 nfts where only 22 percent Currently have an owner and then we have Me bits 2.8 million each with a total Supply of almost 20 000 nfts where only 30 000 have an owner something else that Works in the favor of looks rare is that The trading fees are 20 lower than open C that makes a big difference you can See an example here also this nft Marketplace lets users bid on a whole Collection all at once which is a very Cool feature for nft designers and Additionally looks rare has a bounty Program in conjunction with immune phy It's going to let smart contracts be More secure by preventing the loss of

Nfts and corresponding funds so Depending on the type of vulnerability That you may want to consider people can Be rewarded from a thousand dollars all The way to a million dollars moreover Looks rare supports html and js nfts in Order to prioritize security and privacy By adding a tracking pixel to track Malicious behavior in nfts and at the Time of this recording looks again L-o-o-k-s is trading at about a dollar And 57 cents down today but that's along With the rest of the market and the Project has a market cap of about 380 Million dollars with a 24-hour trading Volume of about 87 million and you can Buy this one on uni swap hobie global Ftx and ok x next up and at number three On our list we have nft trade this is Another rapidly growing nft marketplace That seems to have integrated maximum Number of blockchains because it Supports solana polygon avalanche Ethereum and binance with zero Transaction fees yeah zero nft trade is The first cross chain nft platform where Anyone can create buy sell swap farm and Even leverage nfts i mentioned creating So anyone can create fully decentralized Nfts or collections with drag and drop Features it's made to be very simple Trading is also simplified because nft Trade has an intuitive user interface Where you can buy and sell nfts with

Those supported chains you can also swap Nfts in a peer-to-peer mechanism that Makes them very secure and in its Marketplace shown here you're gonna find Hundreds of collections from its Supported blockchains in each nft you're Going to find information about things Like description collection asset and Blockchain details properties and even The history of transactions and with the Nft trade marketplace cross-chain Traceability is going to be that much Easier as well another very important Feature of nft trade is the farms in Them you can buy an nft By first staking tokens in any nft farm And once you reach the number of tokens You need to buy an nft you can claim Your tokens from the nft farm and Directly buy them here's an example Moreover nft trade has a launch pad that Provides a robust infrastructure for new Projects to leverage the strength of the Community and nft trade just announced a Pretty major partnership with game phi So users are going to be able to as a Result transfer nfts between nft trade And game 5 marketplaces which is Definitely going to add value to nft Trade nfts in our opinion in addition Nft trade has partnered with the bnb Chain fund to boost nft adoption and Another great partnership here for nft Trade is the one with nitro network

Because with this alliance nft trade Will open an nft farm which will allow Nitro's native token holders to stake And get exclusive nfts the nft Marketplace has its native token that's Called nftd And its use case for owners is the Following so first of all you have Governance where you can vote for new Proposals like new features attributes Other things like that you also have big Discounts on transaction fees plus more Benefits because nftd holders can have More staking and farming rewards and you Also get access to exclusive nft Launches so nftd holders will have Exclusive drops launches and giveaways And at the time of filming this video The price of nftd sits at about 55 cents U.s with a market cap of about well just Under 11.5 million dollars so still Relatively small pretty good opportunity Not financial advice but if you like This project you could potentially get In here at a very early stage and you Can buy nftd in pangolin pancake swap Uniswap gate dot io and mexc global as a Reminder guys if you sign up with mexc Using the link in our description you're Going to get 124.00 worth in rewards and that Includes a one-month free membership With altcoin buzz access pro that is Worth 99

At nft marketplace number four we have The engine nft marketplace which is one Of the platforms right now with the Highest growth that we've seen 10.3 Million enj which is its native token Were spent on nfts and more than 3.2 Million nfts were traded we're talking Sports collectibles music tracks gaming Assets and digital art all of these Things can be traded in this nft Marketplace and what makes engines nft Marketplace a great platform is that you Can trade the nfts you earned playing in Play to earn games among other projects Like microsoft binance and even coin Market cap and nowadays there are almost 17 000 nfts on sale where you can see The transaction history and by the way The ranking between all nfts it's also Important to note that affinity the First pair chain of its kind on polka Dot is partnering with leading p2e games Like crypto blades plus another pretty Cool use case of engines nft is that you Can use them in my meta gta so if you Imagine it it's kind of like stealing Nfts from another person playing gta Which Is pretty amazing but what we like about This platform at a macro level is the Fact that engine is building a next Generation nft marketplace with instant And free transactions that support Cutting edge smart contracts expect this

To be released later this year and Finally nft marketplace number five that We are considering today last but not Least crypto.com And these guys are hosting some very Famous creators such as aston martin f1 Snoop dogg ufc and other big names as Well in fact the top collectibles Quickly reached 1 million dollars there Are a lot of nft drops that keep Happening that keep evolving on the Platform and you may have heard about The fact that crypto.com has also Developed an nft collection with lebron James not to mention the ufc which has Dropped a very exclusive nft collection On the platform as well and this nft Marketplace is now available on Thecrypto.com app and with this Integration users can discover collect And trade nfts on their phones which is A major advantage so to celebrate it Crypto.com has launched an nft giveaway Of a paul leo 1000 and in addition the Nft marketplace added board ape and the Sandbox nfts in its white list with this New feature users can deposit their Eth-based nfts with no listing fees Another great nft collection is from the Philadelphia 76ers An nba team that i'm sure many of you Are probably fans of out there and so All together you have to consider the Fact that these are some pretty big

Names and some pretty big brands given That the platform really is just about a Year old at the time of filming this Video cro which is the native token of Crypto.com which has had some ups and Downs over these last few months it's Currently trading at just over 39 cents U.s with a market cap of about 9.8 just Under 9.9 billion dollars with 24-hour Trading volume of about 49.6 Million dollars it's a token that Supports a platform we are very much Fans of and their nft marketplace is Attracting some Very prestigious nft collections really From all kinds of different sectors and While nobody can see the future we Expect the number of quality collectors Items to keep growing so after analyzing These five nft marketplaces we think That you probably should keep an eye on Them due to their potential if nothing Else because the nft sector is really Just starting to take off you can maybe Say that we're now entering into chapter Two but the future is very bright and We're sure that there will be many Positive developments in that future That you're gonna wanna be a part of Guys if you're still watching this video Be sure to like subscribe share and hit The bell to receive notifications never Financial advice but all the very best Of luck if you choose to invest check

Out these other couple of videos that Should be popping up right about now Have a great start to your week members Of the altcoin buzz army a great monday Take care of yourselves and as always we Do hope to see you again soon in our Next video