Ronin Blockchain Partners with OpenSea for Broader NFT Accessibility
Rewritten Article:
Hear this: Ronin NFTs, baby, they're now tradeable on OpenSea! That's right, Sky Mavis announced a new partnership that lets users with a Ronin Wallet easily buy, sell, and mint NFTs on one of the biggest NFT marketplaces on Earth.
For you creators and collectors out there, this partnership brings fresh opportunities. Until now, Ronin NFT visibility was limited to the Ronin Market. But with OpenSea's global user base, your NFTs can now reach a wider audience, and new projects might take off quicker.
Here's the sweet part: 8% of OpenSea's platform fees from Ronin NFT transactions will head to the Ronin Treasury, just like on the Ronin Market. That revenue helps grow the Ronin ecosystem.
Making NFT Creation a Breeze with OpenSea Studio
Sky Mavis is also whipping up OpenSea Studio for the Ronin blockchain. This no-code interface makes it easier than ever for creators to design and launch their very own NFTs. Just select the Ronin network on the platform, and voilà – you can create, mint, and publish your NFTs using your existing Ronin Wallet.
This feature aims to attract more creators to the Ronin blockchain, resulting in a diverse array of NFT collections. With simplified tools and easier marketplace access, the creative community now has some solid support for their digital projects.
Now, even though OpenSea offers more trade options, enforcing royalties can still be tricky. Only royalties for NFTs utilizing newer token standards, like ERC-721C and ERC-1155C, will be supported by OpenSea. For older tokens like ERC-721 and ERC-1155, royalties won't be enforceable on OpenSea. Sky Mavis recognizes this challenge and is looking into solutions to maintain consistency across platforms.
To celebrate this awesome move, Sky Mavis is giving away two commemorative NFTs: Jin and Ronke. To snag them, simply link your Ronin Wallet on OpenSea. It's simple, it's free, and it’s a fun way to join in on the celebration of increased Ronin NFT visibility.
P.S.: On a side note, Sky Mavis has been busy beefing up the Ronin Network. They've developed the Ronin sidechain to enhance scalability and knock down transaction fees, which supports the trading of Ronin-based assets like NFTs. They've also launched a $10 million ecosystem grants program to bring more projects to the Ronin Network and, ultimately, increase the visibility and creation of Ronin-based NFTs. The growth in daily active users on platforms like Axie Infinity and other games on Ronin can also lead to increased trading activity for NFTs within the ecosystem.
For any specific impact involving Sky Mavis and OpenSea, more info would be needed. But theoretically, this partnership could potentially boost the visibility and trading options for Ronin-based NFTs by integrating them into OpenSea's platform. Keep your eyes peeled for more exciting developments!
- This partnership between Sky Mavis and OpenSea allows users to easily buy, sell, and mint Ronin NFTs on OpenSea, one of the biggest NFT marketplaces, thereby expanding the technology used for trading these digital assets.
- Sky Mavis is introducing OpenSea Studio for the Ronin blockchain, a no-code interface that simplifies the process of creating, minting, and publishing NFTs, thus making technology more accessible for creators in the Ronin ecosystem.
