They can be traded, just like any other digital asset. What is an NFT market place?Īn NFT marketplace allows you to buy and sell digitally-created goods. Through lean collaboration and a desire to invest in new and exciting technologies, OpenSea was developed into one of the largest general marketplaces for user-owned digital items.
OpenSea was created by CryptoKitiies in 2017, a 2017 crypto-asset which gave rise to the modern NFT. They have also worked previously on Claimdog and hostess.fm which were sold to larger parent companies. They had extensive technology backgrounds in Google and Palantir, respectively. OpenSea was created by Alex Attalah and Devin Finzer in 2018. What is OpenSea? Nft Non Fungible Tokens List Afterward, you will want to read the rest of our article for a more comprehensive review. Let’s see what OpenSea has to offer in this quick review of its features, pricing, and other related capabilities.īefore you go on, you may want to watch this video by Lite Liger on YouTube that gives a quick review. OpenSea aims to help facilitate this growing market of NFTs by providing a platform for users to quickly jump on to make, purchase, and sell NFTs quickly. NFTs (or Non-fungible Tokens) allow crypto-enthusiasts the opportunity to invest and spend their hard-earned cryptocurrency in other types of tradeable assets. While these are the baseline currencies that make up the current market, the ability to actually use any of these currencies in transactions remains slim. From Bitcoin’s manic rise to power to other crypto assets like Ethereum and Dogecoin creating their own stamp in the market.
The world’s market for new investment vehicles has only sped up in the last few years.
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