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OpenSea Adds Support for BNB Chain NFTs
BNB Chain, one of the largest blockchains by daily active users, will allow sales of its non-fungible tokens on OpenSea by the end of the year.
By Rosie Perper
Updated Nov 29, 2022, 7:13 p.m. Published Nov 29, 2022, 5:37 p.m.
BNB Chain will integrate its non-fungible tokens (NFT) onto OpenSea's Seaport protocol by the end of the year.
The move will enable multiple creator payouts, collection management and other benefits for BNB Chain creators looking to list and sell digital collectibles on OpenSea's marketplace.
"The integration will bring a large number of creators into the wider ecosystem, as well as empower the creators and NFT initiatives inside the BNB Chain ecosystem," said Gwendolyn Regina, investment director at BNB Chain, one of the largest blockchains by daily active users.
The BNB ecosystem already supports over 1,300 dapps across multiple categories including decentalized finance (DeFi), metaverse, blockchain gaming and NFTs. Last month it launched a $10 million fund to incentivize growth on the blockchain.
In September, OpenSea announced it would be expanding support for additional blockchains and languages to retain its standing as the world's largest NFT marketplace. Currently, the platform supports NFTs from Ethereum, Polygon, Klaytn, Solana, Arbitrum, Avalanche and Optimism.
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The move comes in response to a wave of phishing attacks using fake copyright emails and is the latest in an attempt to shut down crypto-linked scams on the platform.
What to know:
- X will auto-lock accounts posting about crypto for the first time to reduce scam activity, according to its Head of Product Nikita Bier.
- The move comes in response to a wave of phishing attacks using fake copyright emails and is the latest in an attempt to shut down crypto-linked scams...
