OpenSea, the digital marketplace for crypto collectibles and non-fungible tokens (NFTs), has launched a new initiative to make it easier for creators to create and distribute NFTs in its marketplace.
As part of this new immersive initiative, creators will be able to launch their NFT collections on their own customizable and dedicated drop pages, which the company hopes will enable greater visibility and discoverability on the market’s new home page. Among the customizable drop pages, creators now have the ability to share images and videos, give team highlights, outline roadmaps, and more. According to the announcement:
“Drop pages will include information about the drop, coin scheme, a countdown and of course – an NFT gallery. We will also allow collectors to set up alerts via email or add to their calendar to remind them when to return to TNZT.”
Project drops on Opensea will also have access to SeaDrop, a new secure open source smart contract that will simplify the drop experience, save creators time and the technicalities involved in creating their own custom smart contracts. Open sea shared:
“Developing a secure smart contract that can orchestrate multi-stage dropouts is one of the most important and technically complex elements, and now creators can skip this step entirely by using SeaDrop.
In August, TNZT reported that Opensea’s volume had plummeted, with massive drops in daily and monthly transactions on the platform. The market went from processing $405.75 million transactions on May 1 to just $5 million in NFT transactions on August 28.