OpenSea, the top digital collectible marketplace has added support for one of the largest blockchains in crypto – BNB Chain. With BNB support, OpenSea users can now sell, list, and trade BNB NFTs! Let’s take a look at BNB NFTs on OpenSea.
BNB NFTs On OpenSea – What’s It All About?
BNB (formerly Binance Coin) supports over 1,300 dApps across peripherals such as DeFi (decentralized finance), metaverse, web3 gaming, and NFTs. It is also one of the largest blockchain by daily active users. By the end of 2022, BNB Chain will integrate its non-fungible tokens (NFTs) onto OpenSea’s Seaport protocol. This in turn will allow new sources of creator payouts and new collections. Furthermore, web3 will witness a mass influx of BNB Chain creators into the OpenSea ecosystem.
“The integration will bring a large number of creators into the wider ecosystem, as well as empower the creators and NFT initiatives inside the BNB Chain ecosystem,” stated Gwendolyn Regina, investment director at BNB Chain. Earlier this year, OpenSea announced expansions on to even more blockchain ecosystems, and BNB chain is one of the largest in crypto with highly active daily user counts. It already supports NFTs from blockchains like Ethereum, Polygon, Klaytn, Solana, Arbitrum, Avalanche and Optimism.
About BNB Chain
BNB Chain is a completely community-driven, permissionless, and decentralized blockchain ecosystem. It was originally initiated by Binance but has now become a standalone, decentralized chain. BNB Chain stands for “Build N Build” Chain. It allows developers and innovators to build decentralized applications (dApps) as part of the larger move to Web3. As of October 2022, BNB Chain is the world’s largest smart-contract blockchain in terms of transaction volume and daily active users. The chain has already processed over 3 billion transactions from over 163 million unique addresses. Being a decentralized blockchain, practically anyone can build new dApps and projects on the BNB chain.