There are two types of NFT marketplaces: horizontal/generic and vertical/niche. Horizontal NFT marketplaces cater to a wide range of audiences, allowing sellers to list various types of NFTs such as images, music, memes, and more. Examples of horizontal NFT marketplaces include OpenSea, Rarible, Magic Eden, Solsea, Sudoswap, and more.

Vertical NFT marketplaces, on the other hand, are niche-based applications that allow people to mint and trade NFTs based on specific niches. These platforms focus on a single niche, making it easier to get noticed by a niche audience. Popular niches tapped by these applications include music, in-game assets, videos, profile pictures, and artworks. Examples of vertical NFT marketplaces include SuperRare, Nifty Gateway, Foundation, Sorare, Axie, NBA Top Shot, Royal, Cryptopunks, and more.

Specialized NFT marketplaces are generally preferred over conventional ones because they offer everything a client could need, including expertise in promoting online artworks and focusing on specific target audiences. With the rise of NFTs, it’s important to understand the different types of NFT marketplaces available in order to choose the right platform for your needs.