The move will enable multiple creator pay-outs, collection management and other benefits for BNB Chain creators looking to list and sell digital collectibles on OpenSea’s marketplace.
The BNB ecosystem currently supports over 1,300 dapps across multiple categories including decentalized finance (DeFi), metaverse, blockchain gaming and NFTs.
Gwendolyn Regina, Investment Director at BNB Chain said:
“Our goal is to give the best in class experience to NFT creators and users, and this is a significant step in that direction as BNB Chain NFTs will now be available for listing and sale on OpenSea, the world’s largest NFT marketplace by volume.
The integration will bring a large number of creators into the wider system, as well as empower the creators and NFT initiatives inside the BNB Chain ecosystem.”
With the incredible community BNB Chain already enjoys, there will be a direct impact on the kind of creators that will be producing NFTs on BNB Chain.
With the dedicated community members, volume and the already established collections with creative utilities on the chain, the move will propel BNB Chain forward.
The head of business and corporate development at Opensea, Jeremy Fine, explained that Opensea looks forward to adding more blockchain diversity for the NFT marketplace’s users.
“We’re delighted to begin leveraging Seaport across multiple blockchains, including BNB Chain, to better the Opensea experience for everyone,” Fine said.
This update will make it simpler to reach even more users and creators on the chains they prefer.
The integration of OpenSea and BNB Chain will also allow creators to avoid high gas fees, making signature confirmation actions easier to see, and eliminate the need for new users to pay an account initialization or setup fee.