News recently broke that a student from Indonesia became a millionaire with an NFT selfie. Can you do something like this too? Earning millions with NFTs is of course difficult and requires a bit of luck. However, if you have a creative streak and want to create digital artworks yourself, we advise using solid NFT platforms. Let's quickly recap what NFTs are, and recommend the best NFT marketplace around.

NFTs are basically digital ownerships tokens, that run on blockchains that support smart contracts, such as Ethereum. Their non-fungibility is similar to real-world contracts, where you can’t trade one contract to another, because the “actual content” differs from each other. Same things for NFTs, where you can't interchange them as their underlying “contract” changes with each one, hence their non-fungible nature.

You might be asking, what’s the use of NFTs if those applications are already being used? Well, the keyword is “decentralized smart-contracts“. There’s something to that word that makes you feel….secure, no? Here is a list of real-life applications:

• Identity Management
• Artwork
• Real Estate
• Media and Entertainment
• Gaming

OpenSea is now the largest of the NFT platforms. The platform allows you to create, trade, buy and sell digital artworks. OpenSea offers a variety of different collections, in which some NFTs are sold for the equivalent of several thousand euros.

OpenSea was founded in 2017 and has now replaced Rarible as the number 1 among NFT platforms. Nowhere else will you find such a wealth of different collections. The platform is extremely easy to use.

Rarible is also one of the largest NFT platforms. Rarible used to have a larger trading volume than OpenSea. Nevertheless, on Rarible you have a good opportunity to create your own NFTs and offer them for sale within a collection.

Rarible has a strong individual focus on the artists. The creation process for NFTs is very convenient and individual. With its broad support for multiple blockchains, Rarible is a key competitor for OpenSea.

FTX is one of the largest crypto exchanges in the world. In October, FTX began offering NFTs based on the Solana blockchain. These NFT collections caused quite a stir last year. Meanwhile, FTX has already topped up its NFTs with Ethereum-based collections.

FTX NFT is among the NFT platforms that are relatively new. As a new feature, the main platform FTX continues to push its new collections. You can also offer your NFTs here and, with a lot of luck, earn large sums with your own collections.

In a bold but sudden move, the American video game company GameStop announced its upcoming NFT platform. The company launched a website inviting creators to join the community at the first stage. Consequently, its GME stock price surged by more than 20% this Friday the 7th of January 2022. What is GameStop, why did they jump on the NFT wagon, and would a GameStop NFT marketplace strive in the crypto space?

GameStop is an American video game company, selling consumer electronics and gaming merchandise. It is considered to be the latest in the world. Naturally, when the gaming industry moved online, the company started to face problems. Gamers are starting to purchase games directly online through game portals such as steam or blizzard, instead of going to a physical store and purchasing physical CDs. The business model was slowly dying. That's why hedge funds and family offices had GameStop on their radar as a solid short opportunity.

On the other hand, a Reddit group called WallStreetBets decided to turn the tables and squeeze all those short-sellers by pumping GME prices. This made headlines in the crypto space, even in the mainstream media. GameStop's valuation went back upwards, and the company executives had renewed hope. On the other hand, something needed to change.

On Friday the 7th of January, the company announced the GameStop NFT marketplace, that would allow people to buy and sell NFTs on their platform. Think of gear, avatars, and game-related art...all to be available on the platform. In turn, with such an announcement, the company's stock price soared by more than 20%.

NFTs are digital ownership tokens, that run on blockchains that support smart contracts, such as Ethereum. Their non-fungibility is similar to real-world contracts, where you can’t trade one contract to another, because the “actual content” differs from each other. Same things for NFTs, where you can interchange them as their underlying “contract” changes with each one, hence their non-fungible nature.

This news comes as a shocker for most but is expected from others. In fact, the crypto community was the main reason for GameStop's second chance. It is no surprise that company executives would decide to shift their attention to the following:

• An online ecosystem, away from the physical decayed world
• A hot-topic among youngsters - crypto and NFTs
• Tapping into a Trillion dollar industry
• Revive the dying company

NFTs (Non-fungible Tokens) are immutable, unique digital works of art that have become increasingly popular in recent weeks and months. Some NFTs have already generated millions. Do you also want to purchase NFTs? You can buy NFTs on these 4 platforms.

OpenSea is probably the best-known NFT platform. You can create, buy, and sell NFTs on OpenSea. OpenSea has existed since 2017 and is considered the first NFT trading platform. There you will find a large number of different NFT collections. You can purchase the NFTs on OpenSea if you connect an Ethereum wallet to the platform. The browser extension of MetaMask is the simplest solution. With any purchase, a 2.5% commission goes to the artist.

Take a look at our OpenSea guide to getting started! If you want to get started with Opensea, click here !

Rarible is another NFT exchange that primarily focuses on the creators of NFTs, i.e. the artists. However, there you can also select, buy and sell NFTs from collections. Rarible is much younger than OpenSea and didn't start until early 2020. The marketplace is very clear and focuses heavily on the creation process of NFTs. With every sale, both the buyer and the seller pay a 2.5% fee.

We have also created instructions for Rarible . If you want to buy NFTs on Rarible, click here !

Binance is the industry leader among crypto exchanges. The platform, founded in 2017, has become the absolute number 1 in crypto trading in recent years. Of course, it is then also possible to buy and sell NFTs on Binance. The NFTs are traded on the in-house Binance blockchain. The Binance Coin is available as a payment option. However, the platform also accepts Ether or US dollars. 

With Binance you have the crypto marketplace available to buy NFTs. To get to Binance, click here !

Crypto.com is probably the most hyped crypto platform in the last few weeks. The value of the Crypto.com Coin has risen massively recently and the platform stands out due to its extremely successful global branding. But behind the marketing, there is an excellent platform with which you can now also buy and sell NFTs. The platform carries numerous collections from NFTs, especially from prominent artists who cooperate with Crypto.com. You can pay with FIAT, with cryptocurrencies via an ERC-20 wallet such as MetaMask, or directly via the Crypto.com app.

Crypto.com is a modern marketplace for cryptocurrencies that recently started offering NFTs. Click Here you get to the trading center!