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OpenSea is an American non-fungible token (NFT) marketplace headquartered in New York City.The company was founded by Devin Finzer and Alex Atallah in 2017. [2] [3]OpenSea offers a marketplace online allowing for non-fungible tokens to be sold directly at a fixed price, or through an auction.
As a reminder, OpenSea is the flagship brand in the NFT world and early last year raised a $300 million Series C round at a $13.3 billion valuation. It would be a miracle if its value is even half ...
Trading volumes have fallen over 90% from their January peak, forcing exchanges, including OpenSea, to conduct steep layoffs. OpenSea CEO Devin Finzer discusses staying on top of a turbulent NFT ...
(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.
In January 2022, OpenSea raised $300 million in new series C funding, propelling the company's valuation to $13.3 billion. [13] In January 2022, Forbes estimated the stakes in OpenSea owned by Finzer and his co-founder Alex Atallah to be worth $2.2 billion each, making them the first two non-fungible token billionaires. [ 2 ]
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.
Launched in 2017, OpenSea is the leading NFT marketplace. While trading volumes have collapsed, the platform is well placed for a comeback. Everything You Need to Know About OpenSea
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. [47] 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. [48]