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What is Non-Fungible Token (NFT) Marketplace?

Crypto Terms Glossary: What is Non-Fungible Token (NFT) Marketplace?

A non-fungible token (NFT) marketplace is an online platform that allows users to buy, sell, and trade various types of NFTs. OpenSea and Rarible were some of the first NFT marketplaces that launched. Other prominent NFT marketplaces include NBA Top Shot, SuperRare, Nifty Gateway, Binance NFT Marketplace, and Coinbase NFT. There is also a growing number of NFT marketplaces that exist in many play-to-earn (P2E) metaverse and gaming projects such as Axie Infinity, The Sandbox, Decentraland, Gala Games, and others.

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