OpenSea has announced its plan to integrate BNB Chain on its Web3 NFT marketplace protocol. The integration with Seaport Protocol will allow users to buy, list and trade BNB Chain NFTs on OpenSea.
BNB Chain was built by Binance to operate as a Web3-focused blockchain network powered by the exchange’s in-house token, BNB. BNB Chain’s integration into OpenSea’s Seaport Protocol aims to provide BNB Chain creators with multiple creator payouts, real-time payouts and collection management, among others.
The integration aims to lower gas fees, provide easier signature confirmation actions and eliminate setup fees. In addition to BNB Chain, OpenSea plans to leverage Seaport across multiple blockchains to reach more users.
OpenSea recently confirmed to continue enforcing royalties across all collections after receiving significant public backlash for considering otherwise. The community pushback came after OpenSea announced the launch of an on-chain tool that would allow creators to enforce royalties for any new collections on the platform but stopped short of offering the same to existing collections.
