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The Present and the Future, OpenSea

OpenSea is a decentralized online marketplace for digital goods, including collectibles, gaming items and many other digital assets that are supported by a blockchain like Ethereum. With the broadest set of categories(200+), the most items(over 4 million), and the best prices, this marketplace is currently the largest general marketplace for user-owned digital goods. 

Being a decentralized marketplace, trading on OPENSEA happens through a smart contract, which gives you total control of your items. Users can therefore choose to hold the items in any crypto wallet of their choice. I'd personally recommend the Trust Wallet I've had great experiences using this app. The Trust Wallet has a built-in Dapp(decentralized app) browser where users can access the marketplace. Users can choose to download Trust Wallet for Android, IOS or get the Android 6.0+ apk file for android 6.0 and later versions user here

The unlimited possibilities of OpenSea

Users have the opportunity to buy and sell crypto collectibles, gaming items, the rarest digital artworks and other blockchain-based digital items. There are many different assets that users can acquire in the marketplace, including trading card games like Gods Unchained and CryptoSpells, to collectible games like Axie Infinity and CryptoKitties. Users can also purchase domain names for their decentralized websites on the Ethereum Blockchain. There are also several other crypto wallets such as METAMASK that can hold these digital items.

What at all are these items on OpenSea?

All of the items displayed on OpenSea are blockchain-based digital items. They are usually referred to as non-fungible tokens. A non-fungible token (NFT), also known as a nifty, is a special type of cryptographic token which represents something unique; non-fungible tokens are thus not mutually interchangeable by their individual specification, according to Wikipedia. For a more detailed information on what non-fungible tokens are about, please visit this blog on Decryt.co

Here's a guide on how to make your first trade on OpenSea:

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As the use of internet grew so rapidly in the beginning of 21st century till date(2000-2020 and beyond), so has the creation and value of digital assets. We can only see a future for digital assets that is brighter than it is, today. Did anybody ever wonder that the value of paintings from the likes of Leonardo Da Vinci and Pablo Picasso will be worth millions of dollars today? Ponder over that a bit and make your decisions now.

For your most valuable, attractive, rarest and culture-centric digital artworks, click  here

There are various beautiful artworks that are meant to raise funds to help in the fight against the current COVID-19(coronavirus) pandemic. You can lend a helping hand by supporting through here.

I hope you enjoy your time on the marketplace and I'll see you there. Thank you. And to new readers, I say, welcome to this blog.

Please feel free to comment and drop a like if you love this article. Follow me for more exciting news in the crypto world. Thank you. 

 

 

 

 

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