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Opensea integrates the BNB chain to enable it’s users purchase and list BNB-based NFT assets

The BNB blockchain-based NFTs will be enabled on the marketplace platform, according to an announcement made on Tuesday by Opensea, the largest non-fungible token (NFT) marketplace in the world by total NFT sales volume. Users of Opensea will be able to purchase and market BNB NFT assets thanks to support for the BNB blockchain.

Opensea integrates the BNB chain, enabling users of the marketplace to purchase and list BNB-based NFT assets.

According to data compiled by dappradar.com this week, Opensea’s cumulative revenues reached $33 billion. Opensea announced on November 29, 2022, that the marketplace will now support the BNB blockchain, enabling users to buy and list BNB-based non-fungible token (NFT) assets.

The Ethereum, Solana, Klaytn, Arbitrum, Optimism, Avalanche, and Polygon networks are already supported by Opensea. The BNB Chain will be deployed on Opensea’s Seaport Protocol in Q4 2022, providing multiple creator rewards, real-time payouts, collection management, and other benefits for BNB Chain creators, according to the news given to Bitcoin.com News on Tuesday.

Jeremy Fine, the head of business and corporate development at Opensea, said on Tuesday that the company is looking forward to providing users of the NFT marketplace with greater blockchain diversity.

“We’re delighted to begin leveraging Seaport across multiple blockchains, including BNB Chain, to better the Opensea experience for everyone,” Fine said.

The Opensea executive added:

This update will make it simpler to reach even more users and creators on the chains they prefer.

According to statistics, BNB has a significant number of daily active users, in comparison to most smart contract-enabled blockchains. Cryptoslam.io data shows NFT sales stemming from the BNB chain were the sixth largest in seven days.

BNB-based NFT sales are up week over week by 26.71% at the time of writing, with roughly $826,408 over the last seven days. During the last month, stats show BNB-based NFT sales raked in around $4.9 million across 180,720 transactions.

Written by T.I Ukende

T.I Ukende is a professional writer and ICT consultant. He has written many evergreen articles for Benuecast blog, classicgist, ellabase and many others before birthing the newsway blog.
Newsway delivers well researched and undiluted information on business, employment opportunities, personal finance and government empowerments.

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