OpenSea, are excited about a brand-new type of digital good called a non-fungible token, or NFT. NFTs have exciting new properties: they’re unique, provably scarce, tradeable, and usable across multiple applications.
Just like physical goods, you can do whatever you want with them! You could throw them in the trash, gift them to a friend across the world, or go sell them on an open marketplace. But unlike physical goods, they’re armed with all the programmability of digital goods.
A core part of OpenSea’s vision is that open protocols like Ethereum, Ravencoin and interoperable standards like ERC-721 and ERC-1155 will enable vibrant new economies.
OpenSea are building tools that allow consumers to trade their assets freely, creators to launch new digital works, and developers to build rich, integrated marketplaces for their digital items.
Some of the categories that OpenSea will be dealing with are shown below:
- Trading Cards
- Virtual Worlds
OpenSea said “we are proud to be the first and largest marketplace for NFTs.”
OpenSea have also acquired the Gem leading NFT marketplace aggregator. This will allow OpenSea to welcome more people into the world of NFTs.
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