![]() Minting an NFT on OpenSea may mean the actual media is listed and carried by the company’s resources. The trading hub also tracks the performance of collections, with key data such as the floor price of a collection. OpenSea also opens the market to any user willing to pay a listing fee and possibly receive the asking price. It is the first tool to check for the value held in Play to Earn games. OpenSea is one of the NFT tools to settle the price for collectible and gaming items. OpenSea is valued at $13.3B, and had revenues of $2.75B as of September 2021. Later, hit collections like CryptoPunks also arrived, turning up the volume on OpenSea in the hundreds of millions. Initially, CryptoKitties was the earliest and most popular collection. OpenSea launched in December 2017, years ahead of the 2021 NFT boom. As of April 2022, OpenSea lists NFTs from three major blockchains: Ethereum, Polygon, and Solana, the most recently added one. The offers range from art collections, club avatars or in-game items. OpenSea has turned into the most prominent hub for NFT listings. ![]()
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