Furthering its voyage into the NFT market, Opensea has unveiled Opensea Studio, a creator tool designed to simplify the NFT project creation process.
This no-code platform empowers creators to manage their projects from start to finish including setting up whitelists, uploading media and metadata, and building dedicated project pages.
Opensea is a non-fungible token (NFT) marketplace that offers users the ability to buy, sell, create, and trade NFTs. It is the largest NFT trading platform, with more than 2.4 million items listed for sale.
It was created in 2017 as a solution to allow users to trade crypto collectibles and other NFTs with one another. Opensea operates as a blockchain-based aggregator marketplace designed for buying, selling, and trading NFTs.
Features of the studio
According to the NFT marketplace, the new studio has an end-to-end project management system where creators can handle their projects comprehensively, from initial setup to deployment – with or without precious coding skills.
It added that Minting NFTs becomes easier, allowing creators to mint their NFTs directly to their wallets. Opensea supports various blockchains compatible with this process. Some of these blockchains include
Opensea’s features include a user-friendly interface and integration of credit/debit cards for minting. This allows collectors to mint NFTs using their credit or debit cards, enhancing accessibility.
Furthermore, it noted that there are plans to introduce several features such as the new collection pages; and edition, a simplified method for posting NFTs, making it as easy as sharing a photo on Instagram.
“As a step towards this future, we’re replacing lazy minting with Opensea Studio,” Opensea said. “Effective today, you won’t be able to create new items using the lazy minting tool.”
Lazy minting is a process that allows creators to make NFTs without requiring any gas fees upfront. Opensea, a popular NFT marketplace, has adopted lazy minting to lower the cost of entry for NFT creators.
The gas fee for minting is included in the sale transaction that assigns the NFT to the buyer, so the seller doesn’t have to pay anything upfront.
It explained that items created using the lazy minting tool can still be traded and transferred, but they won’t be editable in the future, and users don’t need to take any action for these items to remain in their collections.
Read also; Opensea sets new standards for redeemable NFTs
