Search results
Results From The WOW.Com Content Network
OpenSea is an American non-fungible token (NFT) marketplace headquartered in Miami. The company was founded by Devin Finzer and Alex Atallah in 2017. [1] [2] OpenSea offers a marketplace online allowing for non-fungible tokens to be sold directly at a fixed price, or through an auction.
Coinbase moved into the NFT space in competition with OpenSea, which emerged in 2021 as the biggest NFT marketplace. In September, 2021, OpenSea racked up $2.8 billion in NFT trades .
During the height of the breakout success of CryptoKitties and the emergence of ERC-721 tokens in 2017, an NFT marketplace called OpenSea emerged to capitalize off of the new non-fungible token standard. [46] It positioned itself early in the NFT market landscape and grew to a $1.4 billion market cap in 2021 during the then-ongoing NFT boom. [47]
OKX, formerly known as OKEx, is a Seychelles-based cryptocurrency exchange. [2] [3] It was founded by Star Xu in 2017, who is also the CEO as of 2023. [4]The President is Hong Fang [5] and the CMO is Haider Rafique. [6]
The dominant NFT marketplaces are still largely based on transactions denominated in Ethereum, but between high transaction costs and a bit of clunkiness in connecting wallets to the marketplace ...
For selling NFTs, artists can use different NFT marketplaces and platforms, such as SuperRare, Foundation VIV3, OpenSea, NFT ShowRoom and Axie Marketplace. For art collectors, NFTs are a means of ...
Bored Ape Yacht Club (BAYC), often colloquially called Bored Apes or Bored Ape is a non-fungible token (NFT) collection built on the Ethereum blockchain with the ERC-721 standard. The collection features profile pictures of cartoon apes that are procedurally generated by an algorithm.
The concept of non-fungible digital assets that could be owned on a blockchain predated ERC-721, with projects like Colored Coins on Bitcoin in 2012. [7] In 2017, just prior to ERC-721’s publication, Larva Labs launched the CryptoPunks NFT project on Ethereum using ERC-20 (a fungible token standard).