9 Best Polygon NFT Marketplaces to Explore

Polygon (MATIC), currently Ethereum’s most popular Layer 2 scaling solution enables the creation and deployment of decentralized applications (DApps). Users can use the network in the same way as Ethereum without paying high gas fees. Polygon (MATIC) also allows for the development of digital assets known as Non-Fungible Tokens or NFTs. NFTs are unique, digital assets that can be used in a variety of different ways. One popular use case for NFTs is in the development of digital collectibles. Polygon NFT Marketplace is like any other NFT marketplace that allows users to trade NFT on the platform. In this article, we will take a look at 9 of the best Polygon NFT marketplaces.

What are Polygon and Matic?

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The Polygon vision is built by having Ethereum Network at the core, a decentralized platform that houses a variety of decentralized applications in which you can create your own virtual worlds, play games, purchase art, and take part in a variety of financial services. However, because the cost of transmission is increasing and traffic is clogged, this much activity on its blockchain has made it almost unusable.

That’s where Polygon comes into the picture. In brief, Polygon claims to be a layer-2 scaling solution, meaning it acts as an add-on layer to Ethereum that does not seek to alter the original blockchain layer. Polygon has many sides, forms, and applications, and it promises to provide a less complex architecture for creating interconnected networks.

Polygon wants to assist Ethereum to grow in size, efficiency, and usefulness, and it aims to incentivize developers to develop more interesting products faster.

The Polygon Blockchain is an EVM-compatible smart contract platform. This makes the experience from a user perspective identical to using Ethereum or any other EVM-compatible blockchain.

Polygon’s utility token is called MATIC. The name of the token comes from the original name of the network called Matic Network. Matic Network has been rebranded in 2021 to Polygon Network, but the native token kept its original name.

Read: What is Polygon (Matic)?

What is a Polygon NFT?

Polygon NFT is like any other NFT you can find on any other Smart Contract platform. It follows the same standards as Ethereum and any other EVM-compatible blockchain.

Briefly, NFTs are tokens that we can use to represent ownership of unique items. This item may or may not have value. Or may have value to some people, but no value to others. They can be used for both digital and real-world assets.

They allow us to tokenize almost anything, including art, collectibles, and even real estate. They can only have one formal owner at a time, and they’re kept secure by a Smart Contracts platform, like the Polygon Network – no one can modify the record of ownership or create a new NFT from scratch.

Read: What is an NFT? Non-Fungible Tokens Explained

What is a Polygon NFT Marketplace?

A Polygon NFT Marketplace is in essence an NFT Marketplace deployed on the Polygon Network. It is like an exchange for NFTs that allows users to buy NFTs, sell NFTs, and in general trade Digital Assets on the Polygon Blockchain, with lower fees compared to the Ethereum Network.  

You can simply connect your non-custodial wallet to any of the Polygon NFT Marketplaces in order to access the various services they provide. Different NFT Marketplaces provide different services and benefits to the users. Some allow users to launch new NFTs, some provide auctions -related functionality and others provide various services to investors to earn rewards. 

The NFT scene on Polygon is quite big since to create polygon nft is significantly cheaper compared to minting NFTs on Ethereum. The process of creating, buying and selling NFTs requires a lot of transactions, which are usually costly in gas fees. That’s where Polygon and other scaling solutions come into the picture. They significantly reduce high gas fees and support the NFT market to gain wider adoption. 

Without further ado, let’s jump into the list of the Best Polygon NFT Marketplaces.

9 Best Polygon NFT Marketplaces to Explore

1. OpenSea

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OpenSea is the most popular Polygon NFT Marketplace with $7 Million dollars in total trading activity volume on Polygon last month, according to DappRadar. OpenSea is not just the most popular NFT Marketplace on Polygon, but the largest NFT marketplace overall. OpenSea’s activity on Ethereum reached the $500 million last month.

The experience of using OpenSea on Polygon and Ethereum is the same. The only difference is that you have to set up your wallets to recognize Polygon Network and you also have to use Matic to pay for gas fees when trading on the platforms. If you are new to Polygon, you can transfer Matic to your Non-custodial wallet from any exchange supporting the network or you can use one of the many bridges, such as Stargate, to bridge funds from other networks.

For users coming from Ethereum, OpenSea makes it easy for users to have a familiar NFT marketplace to explore on a new network. Opensea Polygon Dashboard is the same as the one on Ethereum. You will just need Polygon ETH (WETH) to trade on OpenSea on Polygon Network. 

2. tofuNFT

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The tofuNFT is a fully functional decentralized marketplace for buying, selling, and trading NFTs, developed by SCV.Finance and hosted on numerous blockchains.

The purpose of TofuNFT is to make it simple to trade NFTs while yet maintaining a high level of optimization. It’s a spinoff of SCV Finance’s NFT Marketplace, which began as a side project for SCV.Finance and has now evolved into one of the most popular Binance Smart Chain NFT marketplace. 

With time, tofuNFT grew to become a cross chain marketplace and supports more than 20 blockchain networks including among others EthereumAvalancheNear, and Moonbeam.

TofuNFT is a completely revised NFT marketplace built on the team’s prior knowledge of SCV’s NFT Marketplace. It retains all of the benefits, such as quick loading and sophisticated filters, while adding numerous new features and improvements.

To trade or create NFTs on Polygon Network select polygon from the top dropdown menu and you can use TofuNFT the same way as with other networks.

3. Element Market

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Element Market, according to the team, is a decentralized NFT platform with secure transaction protocols, minimal gas expenses, and minimum transaction costs. It also keeps up with the competition by providing the newest and most sophisticated features.

It is one of the newest additions to the Polygon NFT marketplaces that allows you to trade Polygon NFTs and provides the user with all the familiar functionality of an NFT Marketplace.

In addition to Polygon Network, someone can find Element Market on Ethereum, Avalanche, and Binance Smart Chain. Just connect you Metamask on Coinbase wallet and start trading NFTs. 

4. PlayDapp Marketplace

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The PlayDapp Marketplace is a one-stop shop for buying and selling NFTs, which are all in-game items for PlayDapp games.

PlahDapp Marketplace is currently the 3rd largest Polygon NFT marketplace by NFT trading activity. It has a very nice user-interface and provides all basic functionalities that you would expect from an NFT marketplace.

PlayDapp is a firm dedicated to creating NFT games and bringing non-crypto gamers into the crypto gaming world by integrating existing successful games with their SDK.

They already have a few games, including CryptoDozer, ASTA, and more. The PlayDapp Marketplace now supports Ethereum and Polygon, and it includes a marketplace full of in-game NFTs that you may buy for their games. A token called $PLA exists within the PlayDapp ecosystem, which is a utility token.

5. NFTKEY Marketplace

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The NFTKEY Marketplace is a decentralized platform that allows you to access digital collectibles and explore, purchase, and trade NFTs from various blockchains and creators.

The NFTKEY marketplace supports a variety of blockchain platforms, including Fantom, Harmony One, Binance Smart Chain, Avalanche, Polygon, and Ethereum.

NFTs from supported collections can be offered, bid for, bought, and sold without the need for a centralized server. All of these occurrences and activities are recorded on-chain for complete transparency and readability.

NFTKEY intends to deliver a positive user experience while also adhering to the blockchain decentralization idea. NFTKEY is a non-custodial marketplace, so your NFTs are never locked in a smart contract and never leave your wallet unless a buyer purchases directly from you.

6. NFTrade

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NFTrade is rather a global NFT marketplace that someone can find on many other networks, including Avalanche, Ethereum, Binance Smart Chain as well as on Moonbeam and Moonriver within the Polkadot Ecosystem.

NFTrade being a multi-chain NFT marketplace, platform and aggregator, allows users from multiple networks to jump between networks while having a familiar NFT marketplace to trade Polygon NFTs. This enables NFTrade to create a strong brand for itself.

NFTrade has currently fairly low transaction volume on the Polygon Network. However, that’s another Polygon NFT marketplace for every NFT collector to explore as various projects choose different NFT Marketplaces to list their Polygon NFTs.

7. Refinable

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Refinable is the 7th Polygon NFT Marketplace on the list. Refinable began its NFT marketplace journey on Binance Smart Chain (BSC). 

It enables users to generate, collect, and trade any sort of digital content on the BSC with ultra-quick speed and minimal fees. Refinable provides a straightforward, easy, and no-coding method for creators of various digital items.

Their NFT marketplace expanded to further support Ethereum, Polygon, and Solana.

Refinable is a platform that allows users to create and tokenize content, as well as a marketplace for consumers to discover and search for different Polygon NFTs from various providers. Users may trade and distribute non-fungible tokens freely through the Refinable platform, which also offers financial incentives for NFT items.

8. Treasureland

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Treasureland is the 8th Polygon NFT Marketplace on this list, which is also deployed on many other blockchains. Excluding Polygon, Treasureland is currently deployed on Ethereum, Binance Smart Chain, Moonriver, Moonbeam, and IoTeX.

Treasureland is a prestigious NFT marketplace with a bold goal of providing a multi-chain trading platform for digital items.

The Treasureland team aims to establish a single decentralized marketplace where all NFTs can be exchanged seamlessly by integrating several blockchain networks on the platform. 

If you are an NFT collector, that’s definitely another Polygon NFT Marketplace to explore that can be found also in many other networks.

9. Venly NFT Marketplace

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Final Polygon NFT Marketplace on the list is Venly. Venly is a full-service provider of a suite of products that facilitate the integration NFTs into existing products.

Venly is currently supporting Polygon, Avalanche and Binance Smart Chain and is planning to soon expand to Ethereum and Kadena.

Venly provides every basic functionality of an NFT Marketplace which allows you to buy, sell and mint Polygon NFTs. In addition, Venly also provides you the tools to sell NFTs on your own Webshop or Shopify as well as build your own NFT Market using their own APIs.

Closing Thoughts

These are the best nine NFT marketplaces on Polygon that anyone can explore. In addition to these NFT Marketplaces there are a few more general-purpose NFT marketplace that did not make the list as well as some special-purpose NFT Marketplaces. Special-purpose NFT marketplaces are the ones that are built for the purposes of a single project, such as a GameFi NFT Marketplace.

As the polygon network continues to grow in popularity, so does the number of NFT marketplaces. It is important to do your own research before buying or selling any NFTs as there might be scams lurking around.

The list of the best NFT Polygon Marketplaces is not exhaustive and will be updated on regular basis as the NFT landscape on Polygon is changing.

Aris Ioannou
Aris Ioannouhttps://coinavalon.io
Aris created Coinavalon with the purpose of helping the average person navigate the decentralized web. Aris has been passively in the space since 2017 and full time since late 2020. Before Coinavalon, Aris worked as a Business & IT Architect in the financial services sector. Aris holds an MSc in Advanced Computing from Imperial College London, a BSc in Computer Engineering from University of Cyprus and currently pursuing an MBA degree from CIIM.

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