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OpenSea Rolling Out Feature Supporting NFT Drops Directly Via Is Homepage

| 21-Th9-2022

The digital marketplace for crypto collectibles and NFTs OpenSea reportedly disclosed details related to a new project for simplifying the process for creators to create and distribute NFTs on its marketplace. 

Specifically, as included in the scope of this new immersive project, creators will have the ability to introduce their NFT collections on their own customizable and dedicated drop pages, which the firm expects to be able to enable greater visibility and discoverability on the marketplace’s new homepage. 

Under the customizable drop pages, creators will now have the freedom to share images and videos, provide team highlights, outline roadmaps and more.

“Drop pages will include information about the drop, the minting schedule, a countdown clock, and of course — an NFT gallery. We’ll also allow collectors to set alerts via email or add to their calendar to remind them when to return to mint.”

Project drops on OpenSea will also be able to tap into SeaDrop, a new secure open source smart contract that will support the drop experience, cutting down the associated time and the technicalities for creators in creating their own custom smart contracts.

“Developing a secure smart contract that can orchestrate multi-stage drops is one of the most important and technically complex elements, and now creators can skip this step entirely by using SeaDrop.”

In August, OpenSea’s volume had reportedly witnessed a decline, with major drops in the daily and monthly transactions on the platform. 

The marketplace went from processing $405.75 million transactions on May 1 to only processing $5 million worth of NFT transactions on Aug. 28.

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