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Home BUSINESS

OpenSea To Allow Creators to Host NFT Drops Directly Through Its Homepage

BlockNews Team by BlockNews Team
September 26, 2022
in BUSINESS, NFT, SOCIAL, TECHNOLOGY
Reading Time: 4 mins read
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OpenSea announced in a tweet that it would soon support NFT drops directly through its homepage. The platform recently announced an additional homepage redesign and aims to make launching projects “easier, more immersive and fun.” 

The Announcement

To remain the most popular online marketplace for nonfungible tokens (NFTs), the team at OpenSea continues to innovate. The new experience will allow and include the following:

  • Projects to launch right on OpenSea, and emphasizes storytelling simplicity and security
  • Dedicated drops pages for better storytelling, video trailers, and more
  • Minting with SeaDrop, an open and secure minting smart contract. 
  • Enhanced homepage discoverability
  • Email reminders 

SeaDrop aims to be particularly helpful by saving artists time and work when creating their smart contracts. Giving creators access to an open-source contract in-house can reduce the barrier to entry for creators with low budgets and no code experience.

Purpose of the Launch

OpenSea acknowledges that it can be challenging to start a new project for both the artists and the collectors. Artists who want to bring their ideas to reality must have technical and artistic know-how. Collectors also need to be confident that the coins they are minting come from a reliable source. By developing a safe platform to mint straight from OpenSea, the company hopes to address these issues on both sides of the equation.

With the help of new drops experience, Opensea claims to give creators the technical groundwork they need to mint their works without sacrificing originality. Perhaps equally important, collectors can now visit a single legitimate destination for the minting and upcoming sales or purchases. Thus helping to reduce the alarmingly high number of scammers and fake projects using the platform.

How Does it Work?

Their tweet stated that “Drops on OpenSea will feature customizable drop pages that allow space for images, videos, and additional space for storytelling. We wanted to provide creators with a new platform where they could introduce their team, outline their plans, and more. The drop sites will contain details on the drop, the minting schedule, a countdown clock, and an NFT gallery. We’ll also allow collectors to set up email alerts or calendar reminders to remember when to visit the mint.”

OpenSea’s blog states that: “Access to SeaDrop, a brand-new, open-source smart contract that drives our new drop experience, is a vital component of drops on OpenSea. One of the most crucial and technically challenging steps is creating a safe smart contract that can manage multiple-stage drops, but thanks to SeaDrop, designers can now completely skip this step.”

When collections go live, the drops page allows collectors to mint immediately by connecting with their wallet provider and submitting the transaction directly without leaving the landing page or worrying about visiting unreliable third-party websites. All the whitelisted wallets for a project, also known as allowlists, are compatible with OpenSea and can be stored using drops in a decentralized way.

Future Plans

Following the trend of NFT-driven music production, Opensea debuted its first drop with omgKirby and Channel Tres, a collection of 5550 unique songs. Mitchell Kogan wrote on the company’s blog that a schedule of new releases could be expected soon. 

OpenSea anticipates showcasing works by Anthony Hopkins, Warner Music Group, and more” artists deemed to be outstanding. Interested applicants may apply to participate in the initial launch of OpenSea Drops. 

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: BlockchainNFTNFTsopenseaWeb3
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