Let's explore NFT aggregators and the top 3 NFT marketplace aggregators in the market that you should try out today!
Are you tired of buying multiple NFTs individually on different NFT marketplaces and prefer to make bulk purchases in one place? NFT marketplace aggregators help you do that, and we cover everything you need to know about them in this article. We also explore the benefits of using NFT aggregators and introduce you to the top 3 NFT marketplace aggregators in the market you should know about.
What is an NFT marketplace aggregator?
Have you visited an e-commerce site comparing a product's price between multiple online stores? That is an online shopping aggregator. An NFT marketplace aggregator does pretty much the same thing.
In simple words, an NFT marketplace aggregator is a platform that allows users to easily trade NFT collections from different NFT marketplaces without having to visit those marketplaces.
NFT marketplace aggregators combine inventories from multiple NFT marketplaces into one unified interface. This is more convenient for users and gives buyers a clear view of the market, allowing them to compare NFT prices and acquire NFTs from different sources, all in one consolidated purchase.
What are the benefits of using NFT marketplace aggregators?
NFT aggregators offer several benefits to both NFT buyers and sellers. Let’s look at four of them:
- One unified interface for all - as mentioned earlier, NFT marketplace aggregators display stocks from multiple NFT marketplaces within a single interface, allowing users to avoid switching between marketplaces when trading NFTs.
- Bulk or group purchases - In most existing NFT marketplaces, if you wish to buy multiple NFTs, you usually have to make each purchase individually. NFT aggregators such as Gem.xyz allow users to make bulk transactions simultaneously.
- Improves search efficiency - With their search algorithm and sorting, NFT marketplace aggregators allow users to search for any NFT they need using metadata and even natural language.
- Personalized recommendations - NFT marketplace aggregators allow everyone to find the needed data. You can find data according to your needs, whether an NFT investor or a new user.
What are the top 3 NFT marketplace aggregators you should try?
While every NFT marketplace aggregator does pretty much the same thing, their features are not always the same, and they don't all cover the same marketplaces. Let's take a look at the three popular NFT marketplace aggregators of the moment:
- Genie.xyz
Genie.xyz was the very first NFT marketplace aggregator to be created. It provides users with a library of NFTs available on several NFT marketplaces and allows them to trade NFTs on most of these marketplaces. Genie covers NFT marketplaces such as Opensea, LooksRare, NFTX, NFT20, and X2Y2. Among its other features, Genie.xyz allows you to save up to 40% on gas fees.
- Gem.xyz
Shopping cart, rarity, flash bot, and whale purchase notification are some of the main features of Gem.xyz. These features keep Gem’s users up to date on the most widespread NFT market trends without being charged any fees, allowing them to have the opportunities to make profits during critical periods. Gem.xyz covers five popular NFT marketplaces, including Opensea, LooksRare, NFTX, and X2Y2. Plus, like Genie.xyz, Gem.xyz helps you save up to 40% on gas fees.
- Rareboard
Rareboard is an NFT marketplace aggregator on BNB Chain (former BSC). As the name suggests, it allows you to get up-to-the-second data on the rarity and price of NFT collections listed on its rarity dashboard. Rareboard has integrated 10 of the largest NFT marketplaces on the BNB Chain network: BinanceNFT, NFTKey, PancakeSwap, Galler.io, NFT Trade, etc.
The takeaway on NFT Marketplace Aggregators
Are you looking for a more efficient shopping experience in the NFT space? You should probably start using an NFT marketplace aggregator. Not only do they save you time (because you're transacting in bulk from different NFT marketplaces in one go), but in most cases, you're also saving on gas fees (40% on Genie.xyz and Gem.xyz), and that's pretty good.
At AirNFTs, we want to help you learn as much as possible about the upcoming NFT revolution. While our NFT marketplace is not an aggregator, we offer you a more personalized experience and greater exposure to custom-made NFTs than copies. Sounds interesting? Open our marketplace to explore more, and follow our socials today, so you don't miss our updates.
Frequently Asked Questions
An NFT marketplace is an online platform that enables users to buy, sell, and trade unique digital assets known as non-fungible tokens (NFTs). These digital assets can include everything from digital art and music to virtual real estate and in-game items.
NFT marketplaces operate on a blockchain network, which ensures the security and transparency of transactions. When a user wants to sell an NFT, they create a digital certificate that verifies ownership of the asset and records it on the blockchain. Buyers can then purchase the NFT using cryptocurrency, and the ownership of the digital asset is transferred to the new owner.
Almost any type of digital asset can be sold in an NFT marketplace, as long as it is unique and has value. This can include digital art, music, videos, tweets, virtual real estate, in-game items, and more.
To buy an NFT, you will need a digital wallet that supports the blockchain network on which the NFT was created. Once you have a digital wallet, you can browse NFT marketplaces and purchase NFTs using cryptocurrency.
Once you own an NFT, you can keep it as a digital asset, sell it on a marketplace, or trade it for another NFT. You can also display your NFT in a virtual gallery or showcase it on social media.
