OpenSea OS2 brings a full redesign, featuring multi-chain support, cross-chain purchases, and a 0.5% marketplace fee to enhance NFT discovery and usability.
OpenSea offers an all-in-one NFT experience, supporting minting, trading, and showcasing across 600+ asset types—from digital art to gaming items.
Despite past security issues, OpenSea remains a leading Web3 platform due to its creator tools, rarity ranking system, and mobile accessibility for NFT collectors.
OpenSea is the largest NFT marketplace for digital collectibles, offering cross-chain support, low fees, and creator-friendly tools—now reimagined with the OS2 platform upgrade.
WHAT IS OPENSEA?
OpenSea is the world’s first and currently the largest Web3 marketplace dedicated to NFTs (non-fungible tokens) and crypto collectibles. Launched in 2017, OpenSea originally gained traction through early projects like CryptoKitties, but as the NFT space matured, the platform rapidly evolved to meet broader user needs.
More than just a marketplace, OpenSea offers a full suite of NFT services—from minting and listing to peer-to-peer (P2P) transactions. Artists and creators can list their digital works directly on the platform, while collectors can purchase or bid on items without intermediaries, making it a creator-friendly ecosystem.
➤ Official Website: https://opensea.io/
The platform supports NFTs built on Ethereum, Polygon, Solana, and Klaytn blockchains, covering a wide range of asset categories including digital art, music, gaming items, and sports collectibles. Renowned digital artists such as Beeple, FEWOCiOUS, and Trevor Jones have all used OpenSea to showcase and sell their work—further cementing its reputation as the go-to platform for professional creators.
When it comes to fees, OpenSea adopts a straightforward model: buyers typically pay no service fees when purchasing NFTs, while sellers are charged a 2.5% fee on each sale, whether it’s a primary listing or a secondary market transaction. This fee supports platform operations and development.
🚀 OpenSea OS2 Open Beta Is Live!
OS2 open beta is now live:
• A fully reimagined product built entirely from the ground up, for collectors and pros
• NFTs 🤝 tokens, brought together in one place
• Brand new, beautiful ways to explore — beyond just the floor
• 14 chains (welcome @flow_blockchain, ApeChain… pic.twitter.com/fTJT5eKsm2
— OpenSea (@opensea) February 13, 2025
OpenSea just dropped its fully reimagined OS2 platform — built from scratch to elevate the NFT experience for both collectors and pros:
✅ Redesigned from the ground up – A fresh product experience tailored for power users
✅ NFTs & tokens, side by side – Unified interface for all your digital assets
✅ Explore beyond the floor – New ways to discover collections, rarity, and value
✅ Supports 14 chains – Including Flow, ApeChain (by ApeCoin), Sony’s SONEIUM, and Berachain, with more coming
✅ Native cross-chain purchasing – Buy NFTs across different chains in one smooth flow
✅ Launch fee discounts – 0.5% marketplace fee and 0% swap fees during the launch phase
✅ Reward system for everyone – Collectors, creators, traders — all get rewarded
✅ $SEA token is coming soon – Stay tuned for token utility and ecosystem incentives
📌 What is NFT?
An NFT (Non-Fungible Token) is a type of digital asset recorded on a blockchain that certifies the uniqueness and ownership of a piece of digital content. It transforms easily replicated digital files—like images, music, or videos—into verifiably scarce and ownable assets.
Unlike cryptocurrencies such as Bitcoin or Ethereum, NFTs are non-fungible, meaning each token is unique and cannot be exchanged on a one-to-one basis with another. This uniqueness is what gives NFTs their value and utility in the digital world.
Ownership of an NFT is transparently recorded on the blockchain, making it publicly verifiable and impossible to counterfeit. NFTs can be freely transferred, bought, or sold on platforms like OpenSea, and the creation process is accessible—even to those without programming experience.
✅ NFTs are most commonly used to represent digital content, including:
Digital art and illustrations
Photographs and motion graphics
Music and sound clips
In-game assets and virtual land
Collectibles and limited-edition content
Although NFTs don’t have a physical form, they carry real-world value because of their provable ownership, scarcity, and community-driven significance. In essence, NFTs give digital creators and collectors a way to assign meaning, value, and permanence to digital assets.
>>> More to read: What is NFT and How Does It Work?
ꚰ CoinRank x Bitget – Sign up & Trade!
WHAT MAKES OPENSEA UNIQUE?
As the world’s oldest and largest Web3 NFT marketplace, OpenSea has played a pivotal role in shaping the NFT ecosystem. Whether you’re a creator, collector, or newcomer to Web3, OpenSea offers a seamless and accessible platform for minting, buying, and selling NFTs.
Here are some of the standout features of OpenSea:
🔹 Diverse NFT Categories
OpenSea supports a wide range of NFTs—from digital art, photography, and music to in-game assets, PFP collections, and membership tokens—making it a go-to marketplace for creators and collectors alike.
🔹 No Coding Required to Mint
The platform provides user-friendly tools that allow anyone to mint NFTs without needing any programming skills. This lowers the barrier to entry and empowers independent creators.
🔹 Decentralized Transactions via Smart Contracts
All transactions on OpenSea are executed through secure smart contracts. Creators can set their own pricing and royalty terms, ensuring transparency and fair compensation.
🔹 OpenRarity Ranking System
Developed in collaboration with icy.tools, Curio, and PROOF, the OpenRarity system calculates and displays the rarity of NFTs based on their traits and probabilities—giving buyers a better sense of uniqueness and value.
🔹 Customizable NFT Showcase
Users can curate and display their NFT collections on their personal profile pages. Through the “Feature Items” tool, collectors can create featured sections and organize their NFTs in any order they prefer.
Whether you’re looking to launch your first NFT project or simply expand your digital collection, OpenSea provides a robust and decentralized infrastructure that democratizes the NFT creation and trading experience.
>>> More to read: What is a Smart Contract?
OPENSEA PROS & CONS
As the largest NFT marketplace in the world, OpenSea offers a wide range of advantages that have made it the platform of choice for collectors, creators, and investors. But like any Web3 platform, it also has its trade-offs.
✅ Key Advantages
🔹 Competitive Transaction Fees
OpenSea charges a flat 2.5% fee to sellers per transaction, which is considered relatively low compared to other NFT platforms.
🔹 Security via Smart Contracts
All transactions are executed through decentralized smart contracts, ensuring transparency and reducing the risk of fraud or manipulation.
🔹 Extensive NFT Variety
With support for over 600 different NFT categories—including art, music, sports, and gaming—OpenSea offers one of the most diverse digital asset selections in the industry.
🔹 Mobile App Access
Launched in November 2021, OpenSea is one of the few NFT platforms that provides a mobile app, making it easier for users to browse, manage, and trade NFTs on the go.
⚠️ Notable Disadvantages
🔸 Crypto-Only Payments
Transactions on OpenSea require the use of cryptocurrencies such as ETH, which can pose an entry barrier for mainstream users unfamiliar with crypto wallets or on-chain transactions.
🔸 Past Security Incidents
While OpenSea emphasizes platform safety, it has experienced security breaches in the past, including high-profile hacks involving valuable assets like Decentraland and Bored Ape Yacht Club NFTs.
>>> More to read: What is Binance Megadrop? Easy Crypto Rewards for Everyone
Looking for the latest scoop and cool insights from CoinRank? Hit up our Twitter and stay in the loop with all our fresh stories!
〈What is OpenSea? The Largest NFT Marketplace〉這篇文章最早發佈於《CoinRank》。
