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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 .
Enjin Marketplace. Another way to sell your NFT art is to auction it at an arthouse. Even younger artists are getting in on the action at major auction houses. Eighteen-year-old FEWOCiOUS is the ...
(Reuters) -The U.S. Securities and Exchange Commission has threatened to sue non-fungible tokens marketplace OpenSea, the company's CEO said in a post on social media platform X on Wednesday.
Sorare operates on the Ethereum blockchain network, and each player card is represented as a non-fungible token (NFT). [citation needed] Sorare has signed licensing deals with leagues, such as the K League and clubs such as Real Madrid, to allow the cards to have official branding, and to use player photos and names.
In 2024, Nifty Gateway rebranded as Nifty Gateway Studio (“NGS”), transitioning from an NFT marketplace to a full-service digital production studio that collaborates with partners throughout the creative process, focusing on brand and IP growth.
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).
There were some NFT-like projects or "proto NFTs" that pre-date CryptoPunks; Rare Pepes, for example, was released on Counterparty in 2014. [citation needed] The economic insecurity created by the Covid-19 pandemic sharply increased trade in risky investments like NFTs. The highest NFT trading volumes were achieved between August 2021 and May ...