OpenSea: Navigating the NFT Marketplace
OpenSea is a P2P platform for NFT.
What is OpenSea?
Marketplace OpenSea is an open source, peer-to-peer. It is a decentralized peer-to-peer market for buying and trading rare digital goods – from gaming items to art and collectibles. An NFT Non-Forfeitable Token Technology (NFT) is used in the construction of an online market, it works on the Ethereum blockchain. In the world, OpenSea is considered the largest marketplace for digital goods, as it has an incredible range of available items in more than 200 different products and claims to offer the best prices for new digital goods.
Everyone can trade NFT on the global marketplace, but OpenSea has no control over the products that are presented on the trading floor. The market provides trading via smart contracts, users can store goods in a personal account of choice. Users can list items on OpenSea, even if they are already listed on other sites, as long as they remain in their wallets.
The OpenSea platform provides users with an open trading system while charging 2.5 percent of the purchase price for every NFT sold. OpenSea uses ETH for purchases, but the platform accepts over 200 payment options. The platform accepts more than 200 payment options, including USDC, REVV, SAND, MANA, wBTC, MEME and others.
