NFTs are the latest digital craze pushed into the spotlight recently because of artwork auction prices hitting millions of dollars. Yet, NFTs are a lot more than just digital art and design — they’re a new frontier in the digital age.

Only ‘invented’ in 2017, the true future of NFTs is still taking shape as we speak. While NFT art may be all the rage right now, that’s only the tip of the iceberg in terms of its possibilities. Some speculators in the industry believe that everything except food will end up as an NFT eventually.

You know it’s popular when celebs are doing it!

A number of high profile celebrities have expressed interest in the NFT world recently. With Paris Hilton writing a love letter to NFTs and Tom Brady starting his own NFT company. These headlines aren’t unique, more and more influential people have moved into the market in the last few months.

 

 

 

 

 

Listen to the man who sold his NFT art for $69 million. He knows a lot more than us!

As you probably already know, NFT stands for Non-Fungible Tokens. These tokens are unique, digital items with blockchain-managed ownership.

These unique digital items can be things like artworks, trading cards, sports highlights, collectibles, video game items, domain names, virtual worlds, and so much more.

When people talk about NFTs they’re generally talking about tokens hosted on the Ethereum blockchain. However, NFTs are being developed on other blockchain technologies as well. Each marketplace or dApp (decentralized application) has their own twist with varying goals and intentions in the space.

The craze seems to have just begun in this ‘gold rush’ boom of NFTs and cryptocurrencies. And while the world swirls with trying to understand the hype vs the potential, what better way to learn than to dive right in!

We’ve put together a collection of websites, marketplaces, and dApps that are currently leading the way in NFT technology.

***NFTs could be the future of collecting — or a huge bubble. Learn more about the risks to consider before buying in. --------- The market for digital collectibles is booming — but that doesn't mean they're a safe investment. 

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Popular NFT Marketplaces & dApps:

• Opensea - The largest NFT marketplace and one of the first.
• Nifty Gateway - Owned by Gemini, an exchange started by the Winklevoss twins, which undergo regular bank exams and cybersecurity audits conducted by the NY Department of Financial Services
• Mintable - Another early adopter in the space offering everything from art to game items. Completely free to mint your first NFT!
• Wax.io - Self-proclaimed 'King of NFTs', Wax has launched tokens for deadmau5, Atari, Topps, William Shatner, Capcom, and more.
• Super Rare - Strictly digital art NFTs
• Foundation - The VIP section of the NFT art world. Invite only.
• Rariable - Somewhere between Foundation and Nifty Gateway. Art, music, games, domains, memes, and more.
• Enjin - a scalable, decentralized, cross-chain network for NFTs. Mostly focused on gaming but they’re doing a lot of cool things in the market.
• Arkane - the first marketplace built using Polygon (MATIC).
• Cargo - Offers NFT collectibles on Ethereum, xDai, and MATIC
• Rocki - Music NFTs
• Unstoppable Domains - All blockchain domain names. Which never need renewal fees by the way

• Hic en Sic - NFTs minted on the Tezos blockchain
• Kalamint - Tezos NFTs with an application process.
• Decentraland - VR world with NFT land parcels, wearables, and more
• The Sandbox - Another virtual world made by players + game experiences
• PlayDapp - Trade in-game characters, keys, pets, items, and more.
• NBA Top Shot - The official marketplace for NBA collectibles, including; trading cards and highlights. Made by Dapper Labs

This list only scratches the surface of what’s already out there and being developed in the landscape. 

If you’re looking to take the plunge and learn all about NFTs, we suggest checking out Opensea’s Non-Fungible Token Bible. You can learn all about the birth of NFTs, the first projects, the current reach, and its future predictions!

Filed in // Technology, Internet