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Opensea charge between $70 and $100 dollars when you setup your account and you want to start selling on the Euthereum blockchain. However, you can now choose to mint NFTs on the Polygon blockchain and there is no setup fee and it can be done completely for free.
Take a look here at Opensea.
Opensea have just announced their own Venture fund, Opensea Ventures. The fund will seek investments in startups working in domains such as NFTs, DeFi, blockchain, and others. OpenSea co-founder Alex Attalah will lead the venture fund.
The fund will focus on startups that produce NFTs, create NFT protocols, produce blockchain and metaverse games, and develop NFT analytics.
This seems like a natural next step to build out an ecosystem fast and potentially tie down some assets for exclusive sale in the Opensea platform.
This has to be one of the most interesting Blockchain, Cryptocurrency and NFT video I have ever seen. It runs through a huge amount of topics and structures and explains them in a very simple way.
After watching the video – there are some points that stand out as great points and others which are kind of irrelevant.
Even after the first 10 minutes there are points in which the previous financial bubble seems to be the exact same structure as what is occuring with NFTs at present. Interesting.
However, this is REALLY WORTH THE WATCH
Non-Fungible Token. Never seen the word “fungible” before? Hint: it has nothing to do with mushrooms, and do not feel bad that that’s where your brain went first (totally not trying to make myself feel better).
A non-fungible token (NFT) is a unique entry on a blockchain which is not interchangeable with any other (not fungible).