World’s Largest NFT Marketplace Opensea Adds BNB Blockchain Support – Bitcoin News

On Tuesday, the world’s largest non-fungible token (NFT) marketplace in terms of total NFT sales volume, Opensea, announced that BNB blockchain-based NFTs will be supported on the marketplace platform. With BNB blockchain support, Opensea users will be able to purchase and list BNB NFT assets.

Opensea integrates the BNB chain — marketplace users can now buy and list BNB-based NFT assets

This week, Opensea passed $33 billion in all-time sales according to statistics recorded by dappradar.com. On November 29, 2022, Opensea revealed that the BNB blockchain will now be supported by the marketplace that allows users to buy and list BNB-based non-fungible token (NFT) assets.

Opensea already supports the Ethereum, Solana, Klaytn, Arbitrum, Optimism, Avalanche and Polygon networks. According to Tuesday’s announcement sent to Bitcoin.com News, “The BNB chain will be launched on the Openseas Seaport Protocol in Q4 2022, allowing more 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 on Tuesday that Opensea is looking forward to adding more blockchain diversity for the users of the NFT market. “We are excited to begin leveraging Seaport across multiple blockchains, including the BNB Chain, to enhance the Opensea experience for everyone,” said Fine.

The Opensea CEO added:

This update will make it easier to reach even more users and creators on the chains they prefer.

According to the statistics, BNB has a significant number of daily active users, compared to most smart contract enabled blockchains. Cryptoslam.io data shows that NFT sales from the BNB chain were the sixth largest in seven days.

BNB based NFT sales are up 26.71% week over week at the time of writing, with approximately $826,408 in the last seven days. Over the past month, statistics show that BNB-based NFT sales raised around $4.9 million across 180,720 transactions.

What do you think about Opensea adding BNB blockchain support to the NFT market? Let us know what you think about this topic in the comments section below.

Jamie Redman

Jamie Redman is the news editor at Bitcoin.com News and a financial technology journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open source and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.