NFT platform OpenSea announces a plan to provide users with BNB chain support

December 6, 2022

By Sharan Kaur Phillora 

The world’s largest non-fungible token (NFT) marketplace in terms of overall NFT sales volume, Opensea announced that BNB blockchain-based NFTs would be supported on the marketplace platform. With BNB blockchain support, Opensea users can purchase and list BNB NFT assets.

Here’s what we know:

OpenSea already supports Ethereum, Solana, Klaytn, Arbitrum, Optimism, Avalanche, and Polygon networks. According to Tuesday’s announcement sent to News, the “BNB Chain will be launched on Opensea’s Seaport Protocol in Q4 2022, allowing multiple creator payouts, real-time payouts, collection management, and other benefits for BNB Chain creators.”

The head of business and corporate development at Opensea, Jeremy Fine, explained last week 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.

The integration will surely bring more users to OpenSea from the BNB Chain NFT community, with many projects likely vying for the treasured place to be listed on the massive marketplace. BNB Chain’s blockchain technology will also give OpenSea users access to the quick and affordable trading ability available through the popular blockchain. 

Creators and users alike should benefit from the new integration. The long-awaited merger between two previously distant parties should be a welcome sight for NFT users across all chains.

About the author

Sharan Kaur Phillora’s thirst for knowledge has led her to study many different subjects, including NFTs and Blockchain technology – two emerging technologies that will change how we interact with each other in the future. When she isn’t exploring a new idea or concept, she enjoys reading literary masterpieces.

1 thought on “NFT platform OpenSea announces a plan to provide users with BNB chain support”

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