It’s High Time To Grab NFT Traders’ Attention With An OpenSea Clone

NFTs are nothing but non-fungible tokens which will represent real-time objects. This could be literally anything around us, comprising music, artworks, memes, videos, domain names, trading cards, and the list goes on. These could be traded on a platform “NFT marketplace” once done with the minting process. With the soaring demand for digital assets & collectibles and NFT traders showing much interest, the necessity of NFT marketplaces is ascending. With so many NFT marketplaces around the world, OpenSea has gained such a huge prominence with millions of active users. OpenSea Clone, with similar functionality & features, will be a perfect aid for entrepreneurs like you with an intention to draw the attention of wider NFT traders and gain profits & benefits with monetization.

What Is OpenSea Clone, And Why Launch An NFT Marketplace Like OpenSea?

OpenSea Clone is a pre-made, tested, and ready-made solution. It is crafted using the Ethereum blockchain. It is equipped with salient features just like OpenSea in order to mimic the functionality of executing trading of non-fungible tokens, which will include digital assets & collectibles. With the varying requirements, developers will build the OpenSea Clone on various blockchain networks such as Binance Smart Chain, Polygon, Cardano, Solana, Polkadot, and many popular ones.
Choosing to launch an NFT marketplace like OpenSea will be a perfect niche. This is because of so many reasons. Some promising reasons are here for you.

• Majorly, the features, functionality, and UI/UX of OpenSea are so impressive it seemingly makes certain the seamless execution of trading.
• Moreover, OpenSea was established in 2017, and since its inception, it has gained popularity and a number of the user base.
• The number of users in OpenSea has jumped from 4000 in March 2020 to 6,00,000 users in the early months of 2022. To a considerable extent, it hits 1 million users actively participating in trading.
• This platform made a revenue of $365 million in 2021. One notable thing is that it charges 2.5% on every transaction that occurs on the platform.

Looking at this, launching an NFT marketplace like OpenSea will be the best choice to make in 2022 as the global NFT market size would touch $7.63 billion by 2028 with a growth rate of 22.05% during 2022-2028.

Features And Functionality Of The OpenSea Clone

To participate in trading and use the OpenSea Clone, the users should register with the information that is required and link their wallets. Since this platform is for both buyers and sellers, the functionality varies accordingly.

Buyers’ side

From the buyers’ side, upon linking their wallets, the registered users could surf through non-fungible tokens from the categories of digital assets listed on the platform. Thereafter, they can grab hold of non-fungible tokens they look upon with the specified option of buying or bidding. With these holdings, it is their wish to sell them on OpenSea Clone and other popular NFT marketplaces if permitted.

Sellers’ side

From the seller’s side, they must complete the initial setup process with the required details to be specified. Then, they can list their digital items upon entering the necessary details. This would include buying/bidding price, description, name, etc.
The choice is up to sellers as they can go with whether they sell the non-fungible tokens directly with a fixed price and let the counterparty participate in the auction.

Summing Up

OpenSea Clone, with built-in features and seamless functionality and operated on Ethereum or other prominent blockchain networks, will lead you a way to step into the NFT market. Thereby, you could considerably catch the attention of NFT traders and make monetization upon implementing assorted revenue streams.