/ Marketplaces / OpenSea

OpenSea

OpenSea is a decentralized application (DApp) and one of the earliest Non-Fungible Tokens (NFTs) marketplaces. It acts as a trading platform for crypto collectibles. OpenSea is seen as a blockchain-based version of Amazon and eBay that serves the digital content community. As an earlier entrant to the market, OpenSea enables creators to earn royalties depending on the value of the NFTs. Devin Finzer and Alex Atallah. F launched this platform in 2017. They had in mind a platform that would provide greater recognition to the digital artworks owned by artists and creators. Creators can sell their NFTs through auctions or at a fixed price as per their preference.

During its inception, OpenSea was launched on a testnet, Rinkeby, which runs on the Ethereum blockchain. Rinkeby, a Proof-of-Authority (PoA) testnet, is powered by ETH; hence creators must have a crypto wallet that accepts Ether to earn on the OpenSea platform. Some of the recommended wallets include MetaMask, Coinbase, and MyEtherWallet, among others. OpenSea relies on ERC-1155 and ERC-721 to ensure all digital assets are genuine and belongs to their various owners. Verified stores have a blue checkmark which confirms they are vetted and approved to trade. Besides, all NFT transactions done in this platform are recorded on a blockchain ledger. If you want to verify or flag any account, you can quickly interrogate their transactions. By leveraging blockchain technology, OpenSea has become a transparent, secure, and immutable trading platform.

Some of this platform's unique features are the use of governance tokens and how NFTs are minted. OpenSea has a governance token that gives owners the power to influence decisions and changes to any project they buy. Unlike other NFTs marketplaces, this platform only mints an NFT when it gets purchased. An asset only becomes part of the blockchain network only when it is sold.

Anyone who owns any digital artwork can join the OpenSea platform. You only need to create an account, and you will be able to showcase your artwork afterward. You must own a crypto wallet that is compatible with ETH. Creators can list their artworks on other marketplaces since OpenSea allows other companies to pull data from their database and participate in sales. They earn a small percentage of each sale.

The OpenSea website is user-friendly and offers a simple platform with a wide range of digital creations. Some of the NFTs you can access in this platform include:

  • Digital Art – This hosts 70+ artists with over 16k digital portraits.
  • Virtual Worlds - Users can trade their digital assets by showcasing their NFTs and trading virtual land and space to house their own NFTs. Some of the popular trades include Decentraland and the Somnium Space virtual reality.
  • Collectables – You will come across titles such as CryptoKitties, JOYWORLD JOYs, Unisocks, and Axie Infinity.
  • Sports – You will find limited edition cards, successful sporting NFTs such as F1, Golf, Racing, and Sorare tokens in this category.
  • Domain Names – This category allows users to buy domain names.
    Trading Cards – It houses digital trading cards and can be sold through an auction or listed at fixed prices.
  • Utility – This section hosts blockchain assets that enable developers to list unlockable features at a future date in efforts to fund their ideas. The project value is likely to increase due to supply and demand, and the investors end up earning huge profits.

OpenSea is one of the earliest and largest NFT marketplaces since 2017. It has recorded high sales and offers innovative features which make its website friendly. You can open an account in OpenSea today and explore the different available NFTs.

Don't miss OpenSea's next significant NFT

OpenSea's Upcoming NFT Drops

Granny

May 20, 2022 – May 27, 2022
The Granny is a collection of 10000 original and unique ERC-721 NFTs living on the Ethereum blockchain and hosted on IPFS. Each Granny NFT is made up out of a...

Oliver Bulldog Rapper

May 20, 2022 – May 27, 2022

This project was born as a solidarity project, based on a true story that really happened. To fully know the history and discover the project, we invite you to consult...

Autoglyphs Art

May 20, 2022 – May 27, 2022

Autoglyphs are the first “on-chain” generative art on the Ethereum blockchain. A completely self-contained mechanism for the creation and ownership of an artwork.

Women of Anatolia

May 20, 2022 – May 27, 2022

If you are a woman in Anatolia, life is much more difficult for you...

Anatolian women continue their lives against harsh climatic conditions. All the weight of life is on...

invisible homie.io

May 20, 2022 – May 27, 2022

The Project Invisible Homies.io Was inspired by a 14 year old boy obsessed with getting waves and the NFT Project Invisible Friends.io,which inspired him to make this lovely art that...

Club Zportzy - Ultimate Soccer Ball

May 20, 2022 – May 26, 2022

Club Zportzy is a NFT zport community! We create NFTs for our community and our members can help out can come up with design ideas or just shilling in...

Thermal Hong Kong Collection

May 20, 2022 – May 27, 2022

Nowadays uprising of the NFT digital art is shaping toward a concept of art as intangible, digital, and immutable but can we go in the opposite direction?

This...

Plushy Bears

May 20, 2022 – May 27, 2022

Come join Grizzly, Snowy, Blacky, Cuddly and Fuzzy

1) as they raised awareness of conservation of bears!

2) and have fun traveling the world!

Get in on the pre-sale Event...

NFT Sweepr

May 20, 2022 – May 27, 2022

NFT SWEEPR is a collection that Sweeps other projects' floors and airdrops them to the NFT SWEEPR holders. 

We intend to change numerous lives in the NFT space. 

Pixel Art : Expressive zoo

May 20, 2022 – May 27, 2022

So, here this is a zoo where expressive animals gather. Animals sometimes show mysterious expressions. They look proud, sad, or drowsy. How their expressions look differs to each their own....

MetaMoon Club

May 20, 2022 – May 27, 2022

MetaMoon Launch Club (MMLC) is an NFT project consisting of a collection of 10,000 unique Moonie NFT’s orbiting the Ethereum Blockchain. Minting your Moonie gives you access to collectible...

Nodeopoly NFT Gen-0 Alpha Group

May 20, 2022 – May 27, 2022
verified

Nodeopoly NFT Gen-0 Is an exclusive alpha group with the main focus of passive income and financial freedom. We have so much in line for the future and are excited...

Chimpers

May 20, 2022 – May 27, 2022

A collection of 5,555 Chimps with immense abilities and ready to enter the Chimpverse.

The chimpers were mysteriously born through scientific experiments that went unnoticed by the rest of the...

Busy Buddha Club : Genesis Collection

May 20, 2022 – May 27, 2022

The Awakening is coming...

9,108 Immortal Buddhas have surfaced to share everlasting utility:

EVERY holder gets free 3D Busy Buddha of your mints 

Access to Metaverse Yoga Studio

...

Disappearing glaciers NFT

May 20, 2022 – May 27, 2022

Only 8 NFts, made by hands, made to help! Only two colours, the nicest forms copied from nature. Malevich style. Each NFT has a message for his owner. The owner...

Lost Hope Society

May 20, 2022 – May 27, 2022

Lost Hope Society started out in 2022 to create a community of crypto and NFT enthusiasts.

The Aim of the society is to give early adopters higher ranking with more...

Virtual Cube World

May 20, 2022 – May 27, 2022

You can create your own nft in virtual cube world, with the same esthetic but in another stage and character similar to you.Your nft will appear in this collection:...

Cryptato Planet

May 20, 2022 – May 27, 2022

“Far away from earth, there’s a planet called Cryptato Planet.. inhabited by creatures that looks like a Potato”Cryptato Planet (1/1) is a collection of unique 5,000 ERC-721 NFTs...

Alchemist boys

May 20, 2022 – May 27, 2022
verified

We are building a new community from zero to moon.

We've kept the mint price low so everyone can participate. Also project is landing on Polygon-Chain so fees very low.

...

Masta Koda Street Club

May 20, 2022 – May 27, 2022

Masta means above Master! Koda means Friend/Bear. The Masta Koda Street Club is a collection of 10,000 unique Masta Koda NFTs. all unique digital collectibles on the Ethereum blockchain. Your...

Mama Palma

May 20, 2022 – May 27, 2022

The 'Mama Palma' Collection is a Fine Art Photography project, exclusively produced for the upcoming photobook 'Mama Palma', by the Berlin-based photographer and artist Johanna Laleh von Holst. 

Land From Metaverse

May 20, 2022 – May 27, 2022

Presenting the exclusively created 3D lands, they are from a parallel universe in metaverse just like ours, each one has a unique blend of environment and sediment. This project is...

Newsies

May 20, 2022 – May 27, 2022

The Good Morning News Newsies are the latest project to come out of the GMN ecosystem. Designed to be the faces of our digital newsroom, these profile pictures will help...

Retirement Club Babies

May 20, 2022 – May 27, 2022

In order to reward the holders of the first two collections, the Retirement Club has decided to offer a free mint for each couple owning a 3D baby representing the...

Masempathy

May 20, 2022 – May 27, 2022

Hi from Dominican Republic guys...

I introduce me here trying to continue learning abouth how started in corrects ways one of my personals crypto Communities projects from Dominican Republic...!

AlpacaGuapa

May 20, 2022 – May 27, 2022

The most iconic peruvian animal as nft. A character that had been loved for all people around the world with a pinch of chill and dopy sense. If your style...

Black and White World

May 20, 2022 – May 27, 2022

Join and say hello to "Black and White World" unique collection which will appear very soon! "Beyond fashion, Beyond imagination!" - Team BWW.

VonnaVerso

May 20, 2022 – May 27, 2022

For every unique piece, the owner will have the possibility of receiving benefits such as: 1) PoR (Proof of Rent) with the native token $Vonna. 2) Play and earn...

Lone Wolves Club

May 20, 2022 – May 27, 2022

Lone Wolves Club is a collection of 5,555 randomly generated NFTs with unique traits. Being an Lone Wolves Club member has its advantages, with our plan to invest into a community...

Meta Nomads

May 20, 2022 – May 27, 2022
verified

Experience life on Mars, own land and customize the world around you all while earning crypto in our metaverse game powered by Unreal Engine 5.Meta Nomads is a Third...

The Doggy Dudes

May 20, 2022 – May 27, 2022
verified

The Doggy Dudes are a collection of 3,333 NFTs (non-fungible tokens). They are made with multiple characteristics and there is no Doggy Dude the same or with the same taste...

Red Panda Frens

May 20, 2022 – May 27, 2022

Dvnt labz's first collection of nfts | red panda frens represents our mission to revolutionize the nft space to be centered in environmentalism. Our first pursuit is to ensure the...

Wore

May 20, 2022 – May 27, 2022

The Wolf Of Real Estate is the first NFT project backed by an established and succesful Real Estate brokerage already transactacting in crypto currency for the purchase and sale of...

PomPomClub

May 20, 2022 – May 27, 2022

6000 PomPoms who escaped their lif in bad conditions now founded the PomPomClub!A place where they can help other Animals with Charity.NFT Collection of 6000 NFTs (handdrawn)...

African Masks Club

May 20, 2022 – May 27, 2022
verified

African Masks Club is a collection of 12.5k NFT Mix made from several models.  the objective is to promote African culture and women.

24ct Parrots

May 20, 2022 – May 27, 2022
verified

The 24ct Parrots started out as mere companions of their pirate masters, a simple accessory to these hairy buffoons! 

The parrots grew tired of watching the pirates bury...

RocKetApe

May 20, 2022 – May 27, 2022
verified

Assemble your RocKet and send your Apes to the moon!!

Buckle up and ready to claim the ETH back!

Little Women

May 20, 2022 – May 27, 2022

Little Women is a collection of unique cute Little Women living on the Ethereum blockchain. Little Women is a family friendly brand. We have hand-drawn hundreds of traits to create...

Boonies Skull

May 20, 2022 – May 27, 2022

Boonies Skull is an 5555 quality artwork NFT collections on Ethereum blockchain, which was formed by Creative People from Bali. Boonies Skull it self was started from one of our...

Crooked Giants

May 20, 2022 – May 27, 2022

Are you looking for a project with original artwork, community support, in person meet ups, active founders, creative platforms, discounts with select businesses, and a chance to be a part...

See Also