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OpenSea Integrates BNB Chain to Enhance NFT Experience for Creators & Users

2022.11.29  •  2 min read
Blog post image.

Hang on to your hats BNB fam, we're setting sale on OpenSea!

BNB Chain NFTs will now be available for listing and sale on OpenSea. The integration with OpenSea’s standard core marketplace will enable BNB Chain support for creators to buy and list NFTs.

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.

Breakthrough for NFTs on BNB Chain

The integration will enhance NFT trading experience for over 1 million existing users and to bring in new users.

Gwendolyn Regina, Investment Director at BNB Chain said: “Our goal is to give the best in class experience to NFT creators and users, and this is a significant step in that direction as BNB Chain NFTs will now be available for listing and sale on OpenSea, the world's largest NFT marketplace by volume. The integration will bring a large number of creators into the wider system, as well as empower the creators and NFT initiatives inside the BNB Chain ecosystem.”

With the incredible community BNB Chain already enjoys, there will be a direct impact on the kind of creators that will be producing NFTs on BNB Chain. With the dedicated community members, volume and the already established collections with creative utilities on the chain, the move will propel BNB Chain forward.

“We're delighted to begin leveraging Seaport across multiple blockchains, including BNB Chain, to better the OpenSea experience for everyone. This update will make it simpler to reach even more users and creators on the chains they prefer,” said Jeremy Fine, Head of Business and Corporate Development at OpenSea.

The integration of OpenSea and BNB Chain will also allow creators to avoid high gas fees, making signature confirmation actions easier to see, and eliminate the need for new users to pay an account initialization or setup fee.

About OpenSea

OpenSea is the world’s leading peer-to-peer marketplace for NFTs. We’re on a mission to help the world’s creators, collectors and collaborators own and shape their relationships directly.

They are building the world’s most trusted and inclusive NFT marketplace with the best selection – making minting, purchasing and selling NFTs frictionless and friendly, and offering unmatched selection and multi-chain options for creators and collectors of all kinds.

Headquartered in New York, the OpenSea leadership team comes from Google, Palantir, Lyft, Uber, Stanford and Berkeley. Investors include a16z, Paradigm, Coatue, YCombinator, Founders Fund, Coinbase Ventures, 1Confirmation, and Blockchain Capital.

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