Soon OpenSea got a lot of support, and the top firms and industry leaders now back it. At that point in time, it was the first marketplace for any non-fungible asset on the Ethereum blockchain. After analyzing key stats about NFT trading, in December 2017, a beta program for OpenSea was launched. They started talking to the users about how they felt about Cryptokittnes and its future. Fascinated with this new art revolution, Devin and Atallah joined the CryptoKittens early adopter communities on Discord. Soon people started to take an interest in CryptoKittnes and it went viral. It was built on blockchain but was targeted towards a mainstream audience. For the first time ever, the world witnessed a decentralized application. It all started in 2017 when CryptoKitties were introduced to the world. But what led the founders to invent such a marketplace for digital assets like NFT? How Did It All Start – How Crypto Gave Birth to NFT The founders think this will enable various new economies to come into existence. The primary aim of OpenSea is to open protocols like Ethereum and interoperable standards such as ERC-721 & ERC-1155. The vision of the company plays a small yet crucial part in its success. Soon after its launch, the platform received a backing of $2.7 million and then the popularity just kept snowballing. In 2017, two programmers, Alex Atallah and Devin Finzer, put their heads together and invented OpenSea, a decentralized marketplace where you can buy, sell, and trade non-fungible tokens (NFTs). So read the guide and know why OpenSea is the largest and most popular marketplace. In the end, you’d be able to create your own NFT if you’re an artist or buy NFTs via OpenSea marketplace if you’re a seller. This OpenSea review guide will tell you every little thing you can do on this platform. One such marketplace where you can get millions of NFTs is OpenSea. With steady growth in the NFT market, all marketplaces are flooded with buyers, sellers, and creators.
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