OpenSea is the world's largest decentralized trading marketplace for the acquisition and trading of NFTs, allowing users to securely buy, sell, and discover rare and unique digital items, including digital art, digital collectibles, and in-game items. As a non-centralized platform, users have control over their own items and transactions, and have access to more tools, features, and options to express themselves. Developers can also create their own NFTs, putting the power of creative ideas in the hands of fans and customers.OpenSea is a leader in digital asset trading, offering rare items and new experiences to users worldwide.
How does OpenSea work?
OpenSea is a decentralized trading platform dedicated to the trading of NFTs and to the buying and selling of digital items. It allows users to securely buy, sell, and discover rare and unique digital items.OpenSea offers a variety of features, including the ability to set fees on tokens, create custom marketplaces, and hold auctions to sell NFT art projects OpenSea offers a wide variety of features. Developers can also create their own NFTs, putting the power of creative ideas in the hands of fans and customers.
OpenSea is a marketplace dedicated to buying and selling NFTs and operates like eBay or Etsy. on OpenSea, you can set fees on tokens for digital items, or NFTs, create custom marketplaces, or hold NFT art auctions to sell your projects. Transactions are non-protected transactions facilitated by self-executing smart contracts, meaning a fair transaction is always guaranteed. OpenSea charges a fee of 2.5% for each successful transaction, which is much lower than other NFT marketplaces, and operates a decentralized digital asset exchange on Ethereum using the Wyvern protocol. Wyvern was created to make NFT exchanges easier.
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