Entity: OPENSEA
OpenSea is a decentralized peer-to-peer marketplace for buying, selling, and trading rare digital goods built on non-fungible token (NFT) technology and the Ethereum blockchain.
OPENSEA
Etymology
The name 'OpenSea' likely conveys the idea of an open marketplace where digital assets can be freely traded.
Definition
OpenSea is a leading NFT marketplace facilitating the exchange of digital collectibles through a decentralized peer-to-peer network.
Historical Context
Founded in December 2017, OpenSea quickly became the largest NFT marketplace with over 2.4 million active users. It offers a wide range of digital assets for trading, including art, collectibles, gaming items, and more.
Cultural Significance
OpenSea has played a significant role in popularizing NFTs and digital collectibles, providing a platform for creators and collectors to engage in a new form of digital ownership and expression.
Related Concepts
- Non-Fungible Tokens (NFTs)
- Ethereum Blockchain
- Decentralized Marketplaces
See Also
A leading NFT marketplace facilitating the exchange of digital collectibles through a decentralized peer-to-peer network.