Open Sea is Currently the biggest Market for the NFT trade, With the Volume of the
$23.5 Billion over the
1.4 Million Wallets a great leap from the 2020 to 2022. But the problem with the Marketplace is the Free NFT minting without approvals which leads to the spams and Plagiarized Collection and some of the major bugs in the marketplace cost
1.8 Million $.
Case was NFT were Sold below their actual value due to glitch. The New Upcoming Big NFT Markets:Coinbase NFT: Coinbase holding over
1 million active pre registered users the coinbase is offering the P2P marketplace Built of
ETH network and already announced partners as Lazy Lions and Dead Fellaz.
Binance NFT Marketplace
Binance is the most biggest crypto exchange which means that a big community a big brand and a next generation platform offering all the current peak features can be a big compitation for Opensea still users are show not that much hype due to centralized structure.
FTX NFTsFTX making a good name in the crypto market science Last two years especially by the way FTX market is not P2P that means FTX network will store the users assets in NFT form which eliminates the control and involve security risks still FTX has a good model based on the
SOL chain and they introduced their transection system more cheaper then Coinbase from 2.5% to 2%.
All these marketplaces are connect to big brands but the point is all of these are centralized controlled or influential markets.
Decentralized Projects
THE BIG projects hyped in these days are;
Axie MarketplaceAxie already made a big name and community base in NFT world and still keep on growing that can give a tough time to the Opensea.
New Names
NBA
Ever GrowRaribleZoraSuperRareThese are the future projects going to make a competation in the NFT World any other underdevelopment or in Intial phase mention please.