- Blockchain Council
- October 18, 2022
OpenSea, the best-known marketplace for NFTs, has recently announced that it has introduced an immersive feature, allowing creators to host their drop pages directly on the homepage of OpenSea. This move gives more power to the creators as they can share any artwork in the form of photos, videos, and more.
The crypto collectibles digital marketplace OpenSea is now focused on making it easier for creators to post their NFTs. Investors show a keen interest in NFT marketplaces, and the new feature will enable anyone to find what they are looking for in the marketplace quickly.
Generally, NFT drops happen through social media and marketplaces. The new OpenSea initiative allows creators to customize drop pages, including all the information they want about the NFT. It improves visibility and discoverability. It also enables buyers to get their hands on the new NFTs quickly. Besides sharing artwork, creators can also include team highlights, roadmaps, and more to explain what makes their NFTs special.
According to OpenSea, drop pages can be customized as creators can include:
- Drop information.
- A minting schedule.
- A countdown clock to set a time period.
- An NFT gallery containing all the NFT artwork.
OpenSea also enables creators to set up email alerts or calendar alerts to send automatic reminders when it is time to mint. This is an excellent option for anyone looking forward to creating NFTs and profiting from it.
Apart from project drops on OpenSea, the new feature empowers NFT creators to access SeaDrop. It is an open-source smart contract that will carry out the drop process. With SeaDrop smart contracts, creators don’t have to spend time and learn the technologies involved in creating custom smart contracts.
For creators, creating a secure and smart contract for multi-stage drops is technically complex; until now, there is no workaround. With OpenSea’s new feature, creators can skip this step altogether. It means that they can instantly drop new NFT projects. They don’t have to spend additional time creating smart contracts.
OpenSea is launching new features in hopes that marketplace usage will go up. When NFT marketplaces were first launched, they became instantly popular. OpenSea processed more than $405.75 million in transactions on May 1, but the number of transactions went down to $5 million on August 28. This has pushed the marketplace to create innovations encouraging NFT creators to create and post more NFT art.
Many experienced NFT creators are excited by this new opportunity to host drops directly on the OpenSea homepage. It will allow collectors to find the NFTs they want quickly, and the countdown clock will only add to the urgency factor. The drop pages are entirely customisable, and creators control the number of mints and time period for the NFTs created.
In the upcoming months, it is natural to expect the OpenSea marketplace to become more supportive for creators so that investors and collectors can transact more on the platform.
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