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OpenSea NFT Marketplace

by with No Comment NFT

OpenSea is an American online non-fungible token (NFT) marketplace headquartered in New York City. The company was founded by Devin Finzer and Alex Atallah in 2017. OpenSea offers a marketplace allowing for non-fungible tokens to be sold directly at a fixed price, or through an auction, based on the Ethereum ERC-721 standard, the layer-2 scaling solution for Ethereum Polygon, the KIP-7 standard for Klaytn, and the SPL standard for Solana. In 2021, following a heightened interest in non-fungible tokens, the company’s revenue reached $95 million in February 2021 and $2.75 billion in September of that year. By January 2022, the company had been valued at $13.3 billion and has been considered the largest non-fungible token marketplace. The daily trading volume on the OpenSea marketplace reached a record $2.7 billion on May 1, 2022, but four months later had dropped by 99%.

 

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NFTs For Dummies

by with No Comment Book

Get a grip on NFTs and learn how to get in the game

It’s not often that a brand-new investment comes along that revolutionizes how we buy and sell digital assets. But that’s what non-fungible tokens (NFTs) did. Built on blockchain tech, NFTs are shaking up the world of digital commodity investing. And you can get your slice of the pie before everyone jumps into the arena.

In NFTs For Dummies, you’ll find straightforward answers to critical aspects of the NFT phenomenon. You’ll learn exactly what non-fungible tokens really are, how you can find them, and even how to create your own valuable NFTs. You’ll also discover:
* How to find reliable and safe NFT marketplaces where you can be sure you’re dealing with reputable buyers and sellers
* A peek behind the NFT curtain to see how NFTs work and what, exactly, you own when you buy or make an NFT
* Discussions of the kinds of digital properties that can be converted into an NFT

Perfect for anyone who wants to learn about the market for buying, selling, and creating crypto collectibles, NFTs For Dummies is the only resource you’ll need to get a handle on this cutting-edge tech and start making it work for you.

Edition: 1
Print length: 272 pages
Language: English
Publisher: For Dummies
Publication date: 3 Feb. 2022
Dimensions: 15.24 x 1.57 x 22.86 cm
ISBN-10: 1119843316
ISBN-13: 978-1119843313