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The top NFT Marketplaces in India in 2023 offer a wide range of NFTs, and users can buy using crypto
Non-Fungible Tokens (NFTs) have gained immense popularity since their first presence in 2017. They are unique digital assets stored on a blockchain, representing ownership of a piece of art. NFTs can be bought and sold often using cryptocurrency with the help of the platform called NFT Marketplace.
NFT Marketplaces is a virtual economy platform that uses blockchain technology for creators to showcase their unique digital assets such as artwork, music, videos, and more, and allow buyers to invest in them. The digital asset to buy, sell or create is decided before selecting an NFT Marketplace. On the blockchain, anything digital can be tokenized, particularly Ethereum, the popular blockchain network to build NFTs. With the growing number of people interested in buying and selling NFTs, several marketplaces have emerged in India. Let’s dive in and look at the top 5 NFT Marketplaces in India in 2023:
1. WazirX
WazirX, founded in 2018 is India’s largest cryptocurrency exchange acquired by the crypto trading platform Binance. With over 7.3 billion users, WazirX NFT Marketplace supports regional and traditional creators.
2. Jupiter Meta
Jupiter Meta is India’s first entirely curated innovation marketplace. Its main goal is to produce unique Metaverse experiences through music, games, media, and films. Founded in 2021 to trade NFT and various creative and cultural segments built into its Metaverse.
3. BeyondLife.club
BeyondLife.club was launched by Bollywood actor Amitabh Bachchan. More than 6 million people are active on the website. The second drop was launched in a month with Stan Lee’s co-creation Chakra The Invincible.
4. Opensea
Opensea, a comprehensive range of NFTs including virtual world, art sports, collectible trading cards, and domain names that are censorship-resistant. The market holds more than 75% of all NFT transactions occurring in the Ethereum network.
5. Colexion
Colexion is Asia’s largest licensed NFT Marketplace for digital artists to buy and sell their art. Users can meet celebrities through the world’s largest NFT digital museum they are working on. The gaming platform is presented through the Trump Card they have in the form of a digital token.