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geraldarzy
geraldarzy

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Intro to Blockchain: Opensea

What is Opensea? Opensea is known as the most popular secondary market for NFT's at this moment. It essentially is just a platform where a user can connect their wallet and have all the contents of that wallet be shown and be eligible for trading / selling.
Although a connected wallet is not required. Without a wallet, you can still browse the current NFT's on the market.

The great thing about Opensea is that it gives the NFT community a shared space where everyone goes to share their NFT's. The even greater thing is that you dont have to transfer your NFT from your wallet to the platform. Opensea itself just retrieves the NFT from your wallet and persists the data that you attached to it.

Opensea is very crucial to the community. It's the place where you would go to sell your NFT. It's the ebay to used goods, the amazon to random products, the walmart to groceries. Currently Opensea is the top dog but there have been other companies trying to take that away from them. Insert Coinbase who is trying to make their own market. Coinbase is a more reupatable brand but will the it overcome the OG?

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