opensea and bnb integration

The world’s largest non-fungible token marketplace by NFT sales volume, OpenSea, has successfully added support for BNB blockchain to allow its users to purchase and list BNB blockchain-based NFTs.

OpenSea Adds Support For BNB Chain NFTs

In a November 29 press release, the NFT marketplace confirmed expanding its support to include BNB blockchain-backed NFTs. While commenting about the new integration, Jeremy Fine, the head of Business and corporate at OpenSea, remarked:

“We’re delighted to begin leveraging Seaport across multiple blockchain, including BNB Chain to better the Opensea experience for everyone.”

Launched in 2017, BNB Chain (Build and Build) is a decentralized network that allows developers to create decentralized applications (DApps). BNB Chain features a significant number of daily users compared with other smart contract-enabled blockchains.

According to cryptoslam, the NFT sale volumes from BNB Chain were the sixth largest in the past seven days. Remarkably, its NFTs have surged more than 26% over the same period to roughly $826,408. In October, BNB blockchain-powered NFTs raised more than $4.9 million from 180,720 transactions.

BNB Integration To Boost OpenSea NFT Sales Volume

Under the new integration, OpenSea anticipates the newly included BNB blockchain-backed NFTs will maximize its sales volume amid the ongoing bear market. According to DappRadar, OpenSea has surpassed $33 billion in all-time NFT sales this week and aims to thrive higher.

In the same context, Gwendolyn Regina, the Investment Director at BNB Chain, has shared the same anticipations. While speaking about the new integration in a short statement, Regina remarked:

“The integration will bring a large number of creators into the wider system, as well as empower the creators and NFT initiatives inside the BNB Chain ecosystem.”

The NFT marketplace already supports other NFT assets from leading blockchain networks such as Ethereum, Solana, Klaytn, Arbitrum, Optimism, Avalanche, Polygon Networks, and now BNB Chain.

According to the announcement, OpenSea will begin supporting BNB chain-backed NFTs starting this December. Following the new BNB Chain support, OpenSea users can now purchase and list BNB-backed NFT assets.

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