Tag: marketplace

BNB Chain's NFT Boom: Empowering Creators or Exploiting Needs?

BNB Chain's NFT Boom: Empowering Creators or Exploiting Needs?

The numbers don't lie: BNB Chain's NFT sales are surging.… daily sales totaled $8.2 million, far outpacing Ethereum and Polygon. Now, hold on a second, don’t save all the fireworks just yet. Are we truly living through a democratization of art and opportunity? Or is this simply the latest iteration...

OpenSea's Solana Embrace A Double-Edged Sword for Creators?

OpenSea's Solana Embrace A Double-Edged Sword for Creators?

It’s a major move for OpenSea to go all-in on Solana. It’s the equivalent of a master chef introducing a new, flammable spice into his world-famous recipe. On one hand, it might just be that powerful flavor bomb that will take everything up a notch. On the one, it is...

OpenSea's Solana Bet: 3 Reasons Why It's a Genius Move

OpenSea's Solana Bet: 3 Reasons Why It's a Genius Move

Alright, let's get straight to it. OpenSea’s move to return to the Solana waters? Pure genius. I know, I know, some of you are just saying, “Wait a second, didn’t they try this and go down in flames? Yes, they did. But here's the thing: failure is just a stepping...

OpenSea Unveils OS 2.0 and SEA Token to Revolutionize NFT Marketplace

OpenSea Unveils OS 2.0 and SEA Token to Revolutionize NFT Marketplace

OpenSea recently released OS 2.0, a completely re-built NFT marketplace focused on speed, reliability, and modularity. We wrote this upgrade on April 14. It’s the culmination of two years of focused engineering work to reengineer OpenSea from the ground up, with an eye on the next era of Web3 infrastructure....

Solana on OpenSea A Necessary Step Or Risky Gamble For SOL?

Solana on OpenSea A Necessary Step Or Risky Gamble For SOL?

The news is out: Solana's joined the OpenSea party. OS2 has arrived, with smoother ride engineering, shinier tokens, a shinier experience in general. Before we all start popping champagne and crowning SOL the new Ethereum killer, let’s slow down. Is this integration unexpectedly brilliant? Or have we sold Solana’s soul...

OpenSea Seeks SEC Clarity on NFT Marketplace Regulations

OpenSea Seeks SEC Clarity on NFT Marketplace Regulations

OpenSea, the largest NFT marketplace in the world, has been asking for guidance from the Securities and Exchange Commission (SEC). Specifically, they have formally asked for guidance on how NFT platforms should be regulated. The US-based technology company has joined calls to exempt NFT marketplaces such as itself from new...

OpenSea Urges SEC to Rethink Broker Designation for NFT Marketplaces

OpenSea Urges SEC to Rethink Broker Designation for NFT Marketplaces

Now OpenSea continues to make waves by siding with crypto against the United States Securities and Exchange Commission (SEC). The company further contends that it doesn’t meet the federal securities laws’ definition of a broker or exchange. The company recently was on the receiving end of a Wells notice from...