On the left side of the image, we can see the visual representation of the NFT, Description, Properties, Levels, About (the Collection description), and Details (technical details about the creation of the NFT & Collection). . Cons Although it is decentralized and has one of the largest NFT selections, it has some limitations. This is an interesting move by the creator. Alternatively, download this starter project with some preset dependencies. To see the open offers on an asset, you can travel to the individual asset page. To complete this step, youll need to complete a free transaction that does require a small gas fee. Next to the buy button you can select make offer.. Lets take a look at who owns the NFT that was bought for 1.5 ETH. It minimizes external calls to the greatest extent possible and provides lightweight methods for common routes as well as more flexible methods for composing advanced orders. We also strongly encourage our readers to consider purchasing a hardware wallet, which starts at $59. var cid='7424997598';var pid='ca-pub-2762098849775917';var slotId='div-gpt-ad-startwithnfts_com-medrectangle-3-0';var ffid=2;var alS=2021%1000;var container=document.getElementById(slotId);container.style.width='100%';var ins=document.createElement('ins');ins.id=slotId+'-asloaded';ins.className='adsbygoogle ezasloaded';ins.dataset.adClient=pid;ins.dataset.adChannel=cid;if(ffid==2){ins.dataset.fullWidthResponsive='true';} Lets open the CHARACTER Property in a new tab. PolygonOpenSea Seaport100. This is a JavaScript library to help interface with Seaport. This is where the rarities are decided. There is a way to see the total rarity rank of your NFT by using this tool, but unfortunately, this project isnt on the website yet, so I added up the % have this trait manually and compared it between the 3.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'startwithnfts_com-sky-2','ezslot_24',199,'0','0'])};__ez_fad_position('div-gpt-ad-startwithnfts_com-sky-2-0'); We still havent found a concrete reason the NFT is selling for so much. How Can Ad-Spend Slowdown Be Profitable For Cryptocurrency Advertisers? Join us for a deep dive into the Seaport contracts by OpenSea. If you already have a wallet, you can head to OpenSea.io and connect to the site using the wallet icon in the top right corner of the page. The integration comes with an expanded list of features, including the ability for users to use Polygon's MATIC as a payment option. Since the number of Items in the Midnight Breeze Collection is 7,000, we can assume all the NFTs in the Collection are unique 1 of 1s. Name of Owner with link to their OpenSea Profile, Price History with price chart (This particular NFT has only been sold once). Because NFTs are such a small community right now, there are a lot of small-world moments in the NFT space and these little moments are so fun. Next, youll also need to unlock trading for the specific token you're trying to sell. Before migrating to Seaport, the world's largest global Web3 marketplace was previously using the Wyvern Protocol , which, as well as being inefficient, was also subject to attackers that used a phishing scam to steal $1.7m from traders. Or are they an imposter? Scrolling down to the Activity on the individual NFT, we can determine if the creator made an offer to buy it at that price, or if the original buyer listed it for sale at that price: We can see right away that it was DutchtideStudios that initiated the offers, first offering 1 ETH, then offering 1.5ETH a day later. Through their open and decentralized marketplace, you can purchase, sell NFTs, trade them, and exchange them with other users. Besides, Seaport sellers will only have to pay a one-time fee per collection . Some NFTs, like the one on the right side of the image above, dont have a price. Okay - now Ill guide you through specific steps I recommend when looking to gain evaluate an NFT project using OpenSea data. We can go back to the details of the 1.5ETH sale and see if there are other rare attributes that add up to make this NFT the holy grail of the project: Looking back through the % have this trait, theres not a ton of ultra-low numbers that would cause the NFT to be ultra-rare. Theres no time spent filling out descriptions or listing your items for sale. Unlocking trading of a token allows OpenSea to pull the token (NFT) from your wallet, and transfer it to the purchaser. After doing so, your connected wallet will populate and allow you to confirm your wish to buy the NFT. There are several parameters that you can use like the token ids, contract address, order by, order direction, and more. OpenSea forecasts that users will save about 35% on gas fees on transactions using the Seaport Protocol. For more information about how to use this package see README Latest version published 2 months ago License: MIT NPM Therefore, if youre selling a Crazy Crow, you only need to unlock trading for Crazy Crow NFTs one time, for the first Crazy Crow that you list. A lot of this info is linked on OpenSea, as well see later in this tutorial. Note: this tutorial assumes you have a recent version of npm (we used 8.0.0 for this tutorial) available on your computer. I decided to click the Art section, because Im looking for some artwork to use in a virtual display for a wall or desk at home. NFT marketplace giant OpenSea announced support for the layer-2 blockchain Polygon on its new Web 3 protocol Seaport. Minting from your new contract and improvements, 3. Upon loading, the Lazy Lions collection will be pre-sorted from the lowest price to highest price among the collection. Popular NFT marketplace OpenSea just launched a new marketplace protocol to buy and sell NFTs. As hard as it may be to part with your Lazy Lion or Crazy Crow emotionally, its just a few steps to list them for sale on OpenSea. The highest last sale in this collection is 1.5 Ethereum. This endpoint is used to get all active listings for a given collection. In the general account settings section, youll have the opportunity to name your profile for easier navigation, add your email for notifications, as well as attach a website or a social media profile to your account. After choosing the minimum starting bid, youll then have the opportunity to create a reserve price, or a price that must be met in order for the sale to go through. According to OpenSea, the "core smart contract is . Offers can be set to expire for any amount of time. You can make an offer to the listed seller. We can learn a few things by looking at these 4 stats. If you want to find a cheap NFT for less than .2 ETH, click on Floor Price to sort it from Low to High. Lets go back to the MidnightBreeze Collection and look for attributes we like. The Properties for this NFT Collection are ARCHITECTURE, BACKGROUND, CAR, CHARACTER, DECORATION, FOREGROUND, INTERIOR, MIDGROUND, SKY, SKY ELEMENT, STREET. As you curate your collection, other OpenSea users will be able to navigate to this page, peruse your collection, buy NFTs you have listed for sale or make offers on the NFTs that arent. SeaPort Collection # 0072 - Swan. OpenSea Tutorial Click Create to watch your collection space grow. Get alerts the moment news breaks with the Lucky Trader app. Whenever a user makes a sale, you earn a commission. We only recommend products that we've personally used and well . OpenSea also added its intentions to "display floor prices and percentage rarity by attribute". Once the transaction has confirmed on the blockchain, the NFT is yours! If you're not satisfied with the offer and would prefer to counter-offer, you can click "counter.". Rare NFTs selling for more isnt enough alone to determine if its worth investing. $1,000,000 USDC 20 May 20223 June 2022. The minimum starting bid is publicly visible. I do not own any Midnight Breeze NFTs, or any other NFTs released by the creator. Users can sell art, gaming cards, collectibles, virtual objects, domain names, and other products. In the NFT world, collectors usually like to see as many Owners as possible. You can list your NFT as a private sale on OpenSea. First, select the appropriate network. 2. Before we visit the owners profile, do you notice anything interesting about their name? I want mine to have a White Sun, an Orange Sky, and an Ayota Cyan car. Odaily DunePolygonNFTSeaportOpenSea1001,266,377. "Seaport is a game changer, it's open source, inherently decentralized and a modern foundation that will help us (and any teams using it) build and release new features more quickly," OpenSea. Advanced Note: During a private sale, the buyer will pay the gas for the NFT transfer, though the creator royalties and OpenSea sale fee still apply. If your contract's on mainnet, choose mainnet. We only recommend products that we've personally used and well . Its the highest a buyer has offered to buy at one point. Its good to remain skeptical in the Crypto space when doing research. Most NFT Marketplaces like OpenSea call them Collections. So, were looking for Properties we want our NFT to have. Perhaps that NFT is simply their favorite one and they really wanted to buy it back? Once youve done this, you can input the Ethereum address of the recipient and click transfer. The marketplace allows users to buy and sell digital art, gaming, and other virtual tokens backed by blockchain. The financial savings on fuel come because the Seaport Protocol builders designed to be . Were looking at the Collection: MidnightBreeze. NFT developers just got a new tool to build with as the bear market rages on. PS - If you have extra money that you can afford to lose, consider signing up for Coinbase and purchasing some Ethereum so that you can buy NFTs. In addition to an instant marketplace for NFTs, OpenSea provides a REST API for fetching non-fungible tokens and other data (like collections and bundles) based on a set of query parameters. If you wish to sell your item as an auction, you can select Highest Bid as your sale type from the options listed when attempting to sell an NFT. Theyre a supporter of the project, owning a handful of NFTs from the MidnightBreeze collection. Seaport Interface Seaport is a generalized ETH/ERC20/ERC721/ERC1155 marketplace. For more information on editing gas settings, please refer to our comprehensive guide on MetaMask. OpenSea is the first and largest NFT marketplace, specializing in all types of non-fungible tokens (NFT). The protocol is a set of standardized instructions for executing the marketplace functionality on which other companies build products. We can tell this is a rare attribute for this collection, with only 0.95% of the Collection with this Property. According to records, OpenSea's former protocol, Wyvern Protocol consumes most of the fees charged on the marketplace. Leading NFT marketplace, OpenSea, today announced a new Web3 marketplace protocol, Seaport, for "safely and efficiently buying and selling NFTs." While the marketplace will be building on top of the first iteration of protocol, Seaport is an open-source project available for all builders, creators and collectors of NFTs. If the original minters truly received their NFTs based on order of mint, we should see the NFTs they own ordered from lowest serial number to highest serial number. And it's the first step you need to take before buying an NFT. From here, you can do a lot of filtering to dig deep into the projects individual NFTs. "OpenSea does not control or operate the Seaport protocol we will be just one, among many, building on top of this shared protocol," said the NFT marketplace. Have you already deployed your ERC721 or ERC1155 contract on mainnet? Get listed on OpenSea. we have used Coinbase a lot. A lot of it is outside of OpenSea, like scrolling through the projects Discord group, finding their Twitter, discovering who is behind the team, and researching their business success in the past. Selecting a particular attribute will automatically filter the collection, leaving you with only the Lions with the respective attribute youve chosen. A Wrapper is essentially a new code to make the old code compatible with OpenSeas marketplace. On May 20, OpenSea announced version one of the Seaport protocol. This article is a comprehensive tutorial of how to use Opensea like a pro to find NFT projects. MoonPay may charge fees for their services. You can check out our full how-to guide to buying and selling an NFT here if you are having trouble, but we personally use Coinbase and trust the platform. 1211DunePolygonNFTSeaportOpenSea1001,266,377. In a blog post on Tuesday (August 30, 2022), OpenSea said that the migration of Polygon to . Seaport is a decentralized Ethereum NFT marketplace protocol that allows users to swap NFTs for ETH, ERC20 altcoins and stablecoins, and other Ethereum NFTs. we have used Coinbase a lot. A marketplace contract for safely and efficiently creating and fulfilling orders for ERC721 and ERC1155 items. Right-click & open that NFT in a new tab: Here, were looking at the individual NFTs information. I tend to filter Volume by All Time (1 in the image above) and scroll through a few pages to find projects that arent super popular right now. Decentralized Finance Guide, How to Use a Verified NFT as Your Twitter PFP, Art Blocks Team Makes Two Big Announcements, QQL Art to Be Featured in NYC Gallery Exhibition, SquiggleDAO Aims to Hold 1,000 Chromie Squiggle by Snowfro NFTs, How To Use Etherscan More Effectively in 4 Ways, More than $560M Exploited From Binance Bridge, Is DoDoor Extinct? fulfillBasicOrder On May 20, OpenSea unveiled Seaport, a brand new Web3 NFT marketplace for trading popular token collections. The new decentralized protocol is not just for OpenSea, but all developers, content creators, and collectors can build on it. Here, youll also be able to edit gas settings if the purchase is time sensitive. The protocol, dubbed Seaport, allows users to acquire NFTs in a range of new ways. The DEX's latest version brought forth the new concept of multiple pools per pair of tokens, each with a different swap fee. Advanced Note: As a seller, accepting an offer makes you responsible for paying the gas to transfer the NFT. In order to interact with a smart contract on Ethereum, you will need to install a wallet and initialize an account with some ether in it. After choosing the appropriate wallet provider and following the connection steps, youre now signed in to OpenSea. Theres more to investigate. Security Tip: Be sure to bookmark OpenSea.io to ensure that you can quickly navigate to the correct site, limiting the chances at falling prey to nefarious actors. DMing them directly and asking questions is a good way to get a feel for the creators. Seaport is a marketplace contract for safely and efficiently creating and fulfilling orders for ERC721 and ERC1155 items. Create a new folder on your computer and initialize a new project. Make a deal offline and want to ensure only a specific person can buy your NFT? Explore; Drops; Stats; Resources; account_balance_wallet. You can add a name and description to each item that you upload, then mark it as for sale. According to OpenSea, the move to Seaport will save an estimated 35% in gas fees for individual transactions and eliminate the need for a one-time setup fee for new users, thus saving the . On this page, you can view the entire activity history of this asset as well as the price history, any pending offers, and more. Seaport is a new set of Web3 NFT marketplace standards for buying and selling non-fungible tokens. Thank you so much for reading all the way through, I truly hope this helps you in your NFT journey. This is an item thats not listed for sale by the owner but has an active offer to buy. . vertical_split About Opensea Tutorialexpand_more ballot Details expand_more Opensea Tutorial refresh share more_vert Open Sea Owned by Nahiko visibility 211 views favorite 2 favorites local_offer Make offer Download MetaMask here and create a new wallet. Did the creator of the project decide to buy the most expensive NFT in the collection? You can set your own fee on the secondary sales of your items on OpenSea. And looking back through the 2nd and 3rd highest NFT sale, those NFTs are actually rarer than the highest sale NFT. SeaPort Collection # 0071 - Constant Warwick. This article is meant to give you the tools to come up with and answer your own questions. While we've created v1 of Seaport and are so excited to build on top of it, the Seaport . For CHARACTER, this specific NFT has Show Down. For those with a keen eye, youll remember from the Collections description, the creator of the NFT project is called Dutch Tide. In June, we introduced Seaport a brand new, open-source, web3 marketplace protocol for safely and efficiently buying and selling NFTs. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[320,50],'startwithnfts_com-medrectangle-4','ezslot_32',189,'0','0'])};__ez_fad_position('div-gpt-ad-startwithnfts_com-medrectangle-4-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[320,50],'startwithnfts_com-medrectangle-4','ezslot_33',189,'0','1'])};__ez_fad_position('div-gpt-ad-startwithnfts_com-medrectangle-4-0_1');.medrectangle-4-multi-189{border:none!important;display:block!important;float:none!important;line-height:0;margin-bottom:7px!important;margin-left:0!important;margin-right:0!important;margin-top:7px!important;max-width:100%!important;min-height:50px;padding:0;text-align:center!important}Disclosure: The above link to Coinbase is an affiliate link and we receive a small commission if you sign up for their product at no cost to you. Seaport, which will be open source, will be taking a unique approach to NFT trading. Theres no one size fits all criteria you can apply to every project to determine if its good. The marketplace will offer innovative ways for users to buy and sell NFTs, including the ability for bidders to pay for NFTs using different assets, rather than just crypto. To make OpenSea aware of your contract, go to our "get listed" page and follow the prompts. The variety of all the NFTs youll see makes it easy to fall into a rabbit hole and you might just find a project you fall in love with. The wallet initialization process will automatically populate as you attempt to place your first item for sale. The savings on gas come as the Seaport Protocol developers designed to be more gas efficient than other Web3 marketplaces. By hovering over, or clicking on the circle next to the wallet icon in the screenshot above, youll be sent to your profile page. As the seller, you will have the option to accept bids below your reserve price prior to the end of the sale, if you wish. Theyre sorted Price: Low To High, based on NFTs listed for sale by the owner right now. Lets go up to the filter on the top right and click Recently Sold: if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,600],'startwithnfts_com-netboard-1','ezslot_17',198,'0','0'])};__ez_fad_position('div-gpt-ad-startwithnfts_com-netboard-1-0'); With the latest 3 sold coming in at 0.16, 0.041 & 0.099 ETH, these are quite a ways off the 1.5 ETH high point. Trending NFT projects on OpenSea are based on recent sales, likes, and views on OpenSea. Enter your email address below to subscribe to my newsletter. Table of Contents Seaport Table of Contents Background Deployments Diagram Install Usage Foundry Tests Audits Contributing License Background Seaport is a marketplace protocol for safely and efficiently buying and selling NFTs. To complete this tutorial it is crucial you read the README.md and have MetaMask and your Alchemy keys. If the project has been around for a while, the project may have been worth more but is now much lower. There are a few pages youll visit often: Using these 5 pages with a combination of Filtering & Sorting, youll be using OpenSea like a Pro. The links to the Ledger product suite are affiliate links and we may receive a small commission if you choose to make a purchase. The low platform costs are also a great method to earn more income. At the bottom of the notification settings page, you have the opportunity to create a minimum offer threshold before an alert is generated and sent to you. Next, we'll scroll down on the Activity page and see whats been happening with the project recently: if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'startwithnfts_com-large-mobile-banner-2','ezslot_8',195,'0','0'])};__ez_fad_position('div-gpt-ad-startwithnfts_com-large-mobile-banner-2-0');Source: Opensea.io. Seaport Protocol Saves $580M Annual Fees. More Owners usually mean the project is stronger because there are more individuals supporting the project vs a few buyers who hold the majority of the supply. Create a new folder on your computer and initialize a new project. If you do not have wETH in your wallet, OpenSea will offer you the opportunity to swap ETH to wETH without leaving the page. For example, if you arent willing to accept anything below .25 ETH for a particular NFT, then you can set your reserve price as 0.25 ETH. Want to buy your first NFT, but not sure where to go? Here's Everything You Need to Know, Everything You Need to Know About Instagram NFTs, Trial of Jimmy The Monkey Coming on Christmas, How Do I Use Web 3.0: A Beginner's Guide to OpenSea, Everything You Need to Know About DraftKings Reignmakers. It seems like this could be the creator of the MidnightBreeze Collection since they minted the very first NFT in the collection. To obtain assets with OpenSea API, you will need to issue a request to the assets endpoint. OpenSea Seaport contest. In this tutorial, we'll go over how to link up a wallet to OpenSea as well as how to mint, buy and sell NFTs on the platform. Reward your users with items to grow your app's user base. Keep in mind, the Listed Price and what they actually sell for (aka, what theyre worth) may be very different. Note that we recommend completing the main OpenSea Developer Tutorial first. Other Collections, like Curio Cards, have a small number of unique NFTs, each with a supply of 1002000. Founded in 2017, the platform has processed more than $30 billion worth of transactions as of the time of writing. What is OpenSea Platform? You can finally open a beautiful, customizable marketplace on your own domain, fully integrated into your project. They are most likely using bots to submit those offers. Think something is missing from this guide? CoinStats: portfolio tracking app that works with 100+ wallets and exchanges Install the Apipheny add-on Request an API Key Choose an OpenSea endpoint Enter Your OpenSea API request into Apipheny Run the OpenSea API request in your Google Sheet next - a cursor to be supplied as a query param to retrieve the next page; OpenSea was initially powered by Ethereum smart contracts but has now also added support for the Klaytn chain. Dont have a wallet? The listings are sorted by ascending date (oldest listings first) -- at this time, we do not support any other sorting methods. In addition to an instant marketplace for NFTs, OpenSea provides a REST API for fetching non-fungible tokens and other data (like collections and bundles) based on a set of query parameters. Ensure youre selecting the right collection, and use the verified badge (blue checkmark) as a guide! Disclaimer: I had never heard of Midnight Breeze NFT before writing this article, nor have I had any contact with the creator. Later, if someone buys it on the secondary market, your funds will automatically be deposited into your wallet! When creating your new MetaMask wallet, you'll be given a seed phrase of 12 randomly generated words. Once the collection is set up, you can add items to it and upload your work up to a maximum of 100MB per file. Users who use Wrapped Ethereum are able to submit offers on NFTs they like. "The @opensea Seaport launch is basically a UniSwap v3 moment for NFTs in terms of market efficiency and access to better tools for the general public." On May 5th, 2021, UniSwap V3 was unveiled on the Ethereum mainnet. Lets try and find an NFT with all these attributes. Access the OpenSea API with a JavaScript wrapper, allowing you to search NFTs, collections, users, and more. You may have heard of NFTs being from a Project or Collection. Any imposter could link a Twitter profile. If it's on Rinkeby, choose Rinkeby. Stack Overflow Public questions & answers; Stack Overflow for Teams Where developers & technologists share private knowledge with coworkers; Talent Build your employer brand ; Advertising Reach developers & technologists worldwide; About the company search. When you scroll down on the NFT Collection, youll see NFTs the artist decided to create specifically for the Collection. Its hard to tell why they would do this. Can we really prove this is actually the creator of this project, Dutch Studios? Wrapping Ethereum is done inside your MetaMask wallet and costs a gas fee paid in Ethereum. Youll see this kind of thing pop up a lot when on the Collection Item page. To buy it, click buy now" next to the asset image. If you're running a crowdsale for your NFTs, OpenSea has a suite of tools that allows you to auction your items off to an initial set of users. The NFTs cannot be stored in OpenSea, but in your wallet. Project Unverified in Face of Wash Trading Claims, RTFKT Announces RIMOWA Collaboration Mint Date, Details, Everything You Need to Know About Nike .SWOOSH, What the Starbucks NFT Launch Signals About the Future of NFTs, Admit One Holders Could Win a The Eternal NFT by Anthony Hopkins, Bored Ape Co-Founder Joins Royalty Conversation, Offers Royalty Preservation Solution, Everything You Need to Know About Reddit NFTs, What Is Doodles 2? But that still doesnt mean this OpenSea profile is the real DutchTide. ( 0) The terms mean the same thing. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[120,600],'startwithnfts_com-portrait-1','ezslot_20',601,'0','0'])};__ez_fad_position('div-gpt-ad-startwithnfts_com-portrait-1-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[120,600],'startwithnfts_com-portrait-1','ezslot_21',601,'0','1'])};__ez_fad_position('div-gpt-ad-startwithnfts_com-portrait-1-0_1');.portrait-1-multi-601{border:none!important;display:block!important;float:none!important;line-height:0;margin-bottom:15px!important;margin-left:0!important;margin-right:0!important;margin-top:15px!important;max-width:100%!important;min-height:600px;padding:0;text-align:center!important}Lets attempt to determine the buyers intent by clicking on the owners profile: Were now looking at an individual collectors profile. Step-by-step tutorial walking you through everything needed to create an NFT contract that you can trade on OpenSea. You can scroll down to the bottom of the page and look through hundreds of pages of these stats to find what youre looking for. And new accounts will no longer require that one . Assuming youve attached an email address to the account, OpenSea will allow you to create alerts for whenever youve sold an item, bought an item, or received an offer. Feel free to browse around and get acclimated with developing smart contracts and interacting with NFT data. Keep this seed phrase somewhere secure, and never share it on the internet. The Explore tab is organized into different topics as seen below: On your computer, click any topic that sticks out to you. What is OpenSea? It has become a crucial part of the NFT ecosystem, and a necessary part of the technology stack for NFT buyers and sellers. If a few people own most of the supply, they have more control over the market and may be able to drop the price of the project by selling many NFTs at once, overpowering buyer demand.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[120,600],'startwithnfts_com-leader-1','ezslot_3',193,'0','0'])};__ez_fad_position('div-gpt-ad-startwithnfts_com-leader-1-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[120,600],'startwithnfts_com-leader-1','ezslot_4',193,'0','1'])};__ez_fad_position('div-gpt-ad-startwithnfts_com-leader-1-0_1');.leader-1-multi-193{border:none!important;display:block!important;float:none!important;line-height:0;margin-bottom:15px!important;margin-left:0!important;margin-right:0!important;margin-top:15px!important;max-width:100%!important;min-height:600px;padding:0;text-align:center!important}. A lot of the time, NFTs are issued to buyers in the order they were minted, aka, first bought from the creators website. Disclosure: The above link to Coinbase is an affiliate link and we receive a small commission if you sign up for their product at no cost to you. If there are no offers listed, scroll down to the NFTs activity to see when the offer expired: Now we will go back to the NFT Collection where we left off filtered based on Highest Last Sale. Once youve done so, youll be able to specify the price and the specified buyers address, ensuring that just he or she is able to purchase this NFT. 2022-12-11 11:59:33 5. OpenSea's Seaport Protocol is the company's next biggest innovation. First, navigate to the Collections Activity page: The Activity page can tell you a lot about the projects market. Apps can now display: Filter by collection, type, or wallet address. It does not require you to connect your wallet or provide any other information, the tool is a one-click-install browser extension that simulates NFT trades before you sign transactions, keeping you and your tokens safe from NFT scams. OpenSea is an online marketplace that allows users to purchase, sell, and trade non-fungible tokens (NFTs). This price will be the minimum required bid amount for the auction. Once you see a project that interests you, click it and youll be taken to NFT projects that are trending now. Indicated by the number, this page is showing: There are 66 NFTs in this collection with Show Down CHARACTER property. Here we can see the available offers, the offerer, the time left before expiration, as well as the offer strength, which indicates how far the offer stands from the floor price of the asset's collection. We see that this profile owns Serial Number #1. The available NFTs are not limited to music, art, game items, and domain names. This is a JavaScript library intended to make interfacing with the contract reasonable and easy. Enable users to create auctions (w/o paying gas) in any currency, bid on items, and create multi-item bundles. Every project is different and theyll raise different questions in your mind. This is due to the nature of the blockchain. OpenSea first announced that the final platform would be built Seaport by May 2022. OpenSea is migrating to a new marketplace protocol called Seaport Seaport is much more efficient when it comes to gas fees, and it also offers features like the ability to bid on all items in a collection that have specific traits Users would have saved a total of $460 million on fees if the Seaport protocol was available in 2021 Create lootboxes to gamify your app and build engagement. Every NFT on the Ethereum blockchain can be seen on OpenSea and even though the owner hasnt listed it for sale, any user can submit offers to buy. Click the Add to cart button and select Credit or debit card as the payment method. This will only be necessary one time per token collection. The first thing I see is their Twitter profile linked in the description, which doesnt really prove anything. Navigate to the item page of the NFT you'd like to purchase. To illustrate, that would have amounted to $460 million (138K ETH) in total savings according to data from 2021. You could tell by looking at the Volume and doing the math on how many have been sold. The reserve price is secret and not publicly visible, however, from the asset page a user will be able to tell if the reserve price has been met. After following along, you should be able to answer these questions without doing added sorting in the top right.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'startwithnfts_com-small-rectangle-1','ezslot_27',605,'0','0'])};__ez_fad_position('div-gpt-ad-startwithnfts_com-small-rectangle-1-0'); Playing around with these different filters will get you very far in your exploration of NFTs on OpenSea. In terms of registration, you don't need to . Note that we recommend completing the main OpenSea Developer Tutorial first. Select the developer tutorial that best suits your needs. Let your users freely trade your NFTs by opening your own marketplace on OpenSea. Downloading required dependencies and setting up a development environment. OpenSea Api Tutorial You can convert your fiat currency using a the credit card, or Paypal on these reliable websites for cryptocurrency: Binance CoinBase CoinMama Kraken Bittrex and more! Learn more about how the tool works here. Make your contract work on OpenSea by default, by developing it using OpenZeppelin standards, 2. Seaport is a game changer - it's open source, inherently decentralized, and a modern foundation that will help us (and any teams using it) build and release new features more quickly. To officially create an offer, youll need to have Wrapped Ethereum (wETH) in your wallet. Go back to your tab showing the details of the Highest Last Sold NFT: Looking on the right side, we can see a few important stats. There are only 10 NFTs of 7,000 that have these 3 Attributes. Each Collection is a unique project made by an artist or company. OpenSea Js Tutorial Click Create to watch your collection space grow. OpenSea Tutorial | Opensea NFT TutorialOpenSea official Twitter: https://twitter.com/opensea Get Your Own Binance Account from here: https://bit.ly/Binan. This means there has been no sales history on OpenSea, and this profile is the original owner, meaning they were there at mint. GitHub OpenSea Overview Repositories Projects Packages People seaport Public Seaport is a marketplace protocol for safely and efficiently buying and selling NFTs. All of these have the option to exchange for ETH, which is the most common cryptocurrency used in OpenSea. Get stats and insights to see how your collectibles are trending. For example, if you wanted to look through the Lazy Lions NFTs, you can type, Lazy Lions, and a collection matching that description will automatically populate. Roughly, whats the average price these NFTs have been selling for? Again, the criteria you look for in a project will vary. Instead of individual items, you can finally sell packs of items to give more to your users. Any other similar platform's diversity and transaction volume pale in comparison to OpenSea. I love working here the team is incredibly collegial, sharp, and fun! After hitting sell, youll be presented with multiple ways to place your item for sale. Occasionally you may receive offers on NFTs that you have in your wallet. OpenSea's new Seaport protocol will let users post offers for NFTs with a broad range of assets including ERC20, ERC721, and ETH. 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