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.

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!

The massive rise in the crypto market in August last year triggered an overall increase in different parts of the market. Aside from centralized digital assets, the DeFi sector also has seen some tokens respond to positive market moves. One distinct sector of the market that was not in the limelight before the rise was the NFT sector. During this period, the market saw an increase in a wide range of Ethereum NFTs, particularly CryptoPunks.

While Ethereum is responsible for most transactions in the sector, Solana, a stiff competitor, is challenging the blockchain. This is primarily because Solana is easing in and filling some lapses, such as high transaction fees and congestion that has riddled Ethereum.

The Solana native token, SOL, saw a rise all through august before seeing a slight drop which was said to be due to the downtime in the network. Even at that, SOL has benefited immensely from the collection of NFT on the Solana platform. In this article, we will be looking at NFTs and how to buy them using the Solana platform.

NFTs are unique tokens that show proof that a person owns a digital item on a blockchain. Over the last few months that the NFT craze has overtaken the market, people have bought and sold different digital items on the blockchain. Ranging from arts to music and other things, most people now use NFTs as their profile pictures. Significant pieces of NFTs have been sold at excellent rates on Solana, adding to the rising trading volume on the blockchain. The most notable was when one Degenerate Ape NFT sold for about $1.1 million SOL on the platform.

The major thing that differentiates buying NFTs on Ethereum from Solana is that users can only use SOL to purchase them. Also, the network does not allow users to link their Ethereum based wallet, MetaMask, to the platform when making the purchase. Below is a quick guide on how traders can set up their Solana wallet and use it to purchase NFTs on the Solana platform.

Since the usual Ethereum based wallet used to buy NFTs on Etheruem will not work, users need to choose a Solana wallet. There are many good wallets out there, and users can use a browser extension or other apps dedicated for this period. A very popular wallet that traders can use to carry out this activity is the Phantom wallet. Asides from Phantom, Solflare is another good wallet that traders can use for this purpose. Other worthy mentions are Trust Wallet and Atomic Wallet.

In this write-up, we will be making use of the Phantom wallet. To begin the process, you will be required to add it to your google chrome or brave browser as an extension. After that, you will need to write down a 12 worded seed phrase to recover your wallet. In the next step, you will set your password, re-enter your password, and you will be allowed into the wallet. One thing that you have to be careful about is exposing your seed phrase. Anybody with the 12 groups of words can access your wallet and make away with your funds.

The next step is purchasing the SOL tokens that you will use to purchase your NFT. With the Phantom Wallet, you can get the tokens in some ways and move them into your wallet. A perfect option is buying the tokens from a verified crypto exchange like Binance, and transferring them to your wallet. Another option is to buy USDT from a crypto exchange and send them to your Phantom wallet. Phantom has an in-house exchange where you will be able to change your USDT to SOL and other tokens on the Solana blockchain.

Once you have finalized the steps above, you can enter a Solana-based marketplace to purchase an NFT using the SOL tokens in your wallet. Solanart offers users a wide range of NFT collections. Even though Solanart is an NFT marketplace, it does not work like other typical marketplaces. Works listed in the marketplace are curated because it is not an open marketplace like the famous Ethereum marketplace, OpenSea.

Another marketplace is DigitalEyes, the market famed for producing the Steve Harvey-fond Solana Monkey Business. To purchase an NFT from the marketplaces listed above, you will have to connect your Solana wallet with the site, buy the NFT of your choice, and approve the transaction. Compared to Ethereum, Solana offers a faster and cheaper transaction. The Phantom wallet also allows you to view all the NFT collections you have bought in the wallet. Besides purchasing NFTs, traders can also use the wallet on the Solana network protocols like Saber and the likes.