OpenSea And NFTs – A New Asset Class

🚨 🚨 Opensea And NFTs – A New Asset Class
What Is An NFT OpenSea?
It Is a blockchain start-up which has become the favorite place of exchange for NFTs aficionados, is one of the myriad of crypto-focused companies sought by investors keen to cash in on the boom and success of the blockchain technology. In July 2020, the company was valued at $1.5 billion after raising $100 million
How Much Does It Cost To Mint An NFT At OpenSea?
OpenSea NFTs marketplace allows creators to list digital assets for free, as compensation they charge 2.5% as Minting fees. OpenSea takes 2.5% of every final sale price. Rarible charges 2.5% of the as a minting fee. Nifty Gateway takes 5% and 30 cents of every secondary sale
Is OpenSea The Best?
OpenSea is the leader in NFT sales. It is the world’s largest market place for Crypto collectibles. It also supports artists and creators and has an easy-to-use process if you want to mint your own NFT The marketplace supports more than 150 different payment tokens
Why Buy NFTs?
NFTs are interesting because their uniqueness and ownership can be verified, they can be utilized across applications developed by different companies, and they can be traded easily through secondary markets. These features open up possibilities for new use cases and business models
The NFT Revolution Is Spreading
A pair of scions from Singapore’s wealthiest families are teaming up to create a private NFT-based social networking app, becoming the latest among the well-heeled to jump aboard an intensifying crypto craze
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