The Bankless Guide to OpenSea

OpenSea Explained: A Beginner's Guide to the NFT Marketplace.

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OpenSea is one of the world's largest marketplaces for non-fungible tokens (NFTs), allowing users to buy, sell, and create digital assets. It offers a user-friendly platform for both collectors and creators to engage with the growing NFT ecosystem across multiple blockchain networks.

OpenSea is a marketplace for buying, selling, and creating NFTs. Founded in 2017, it has become a go-to platform for trading digital assets, including art, collectibles, domain names, music, and more. OpenSea supports multiple blockchain networks, including Ethereum, Polygon, Base, Arbitrum, Avalanche, and Optimism, making it accessible to a wide range of users.

For collectors, OpenSea provides a vast array of NFTs to browse and purchase, with options for both primary sales (minting) and secondary market transactions. Creators can easily mint and list their own NFTs, set optional royalties, and reach a global audience of potential buyers. The platform also offers features like collection offers and the ability to "sweep" collections, allowing users to buy multiple NFTs from a single collection efficiently.

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