In 2017 the world witnessed the birth of CryptoKitties. For the first time, the world experienced a decentralized application built on blockchains but targetted towards a mainstream audience. While previous digital items lived on company servers, blockchain-native items lived on shared, public blockchains owned by no single party. They could be viewed anywhere, exchanged openly, and truly owned in a way that was never before possible in the digital world.
Fascinated by the movement that was forming, Devin Finzer and Alex Atallah joined early adopter communities in Discord and started talking to users. With the OpenSea beta launch in December 2017, the first open marketplace for any non-fungible asset on the Ethereum blockchain was born.
On OpenSea platform, users can buy and sell blockchain-backed collectibles, art, music, domain names, trading cards, and virtual worlds, among other items.
The OpenSea website is simple and easy to navigate. Users can access all the NFTs in the marketplace, the statistics of the top NFTs on the platform, and the help center for guidance. Beginners will find it straightforward to mint and sell NFTs on OpenSea. Users also enjoy almost gas-free listings after listing their first NFT.
NFT creators on OpenSea have the advantage of earning royalties every time a buyer acquires their item. You can set up a royalty fee of up to ten percent. Moreover, users can add items from other NFT marketplaces like Rarible and Mintable.
Users on OpenSea can add other networks besides Ethereum to their wallets using Chainlist. Some of the top-performing non-fungible tokens on this marketplace at the time of writing were CryptoPunks, Sorare, and Ethlings.
According to www.blocksocial.com; opensea.io. Source of photo: internet