FAQs About Opensea NFT Properties

Opensea is a decentralized marketplace where users can either buy or sell NFTs.

As a beginner, how will I ensure that all my items are available on Opensea?

When starting on Opensea, you will have numerous questions because you lack experience in this platform.

However, it is a good thing that you thought of Opensea. The most effective way that I can recommend you is to visit the Opensea developer tutorial.

The tutorial will guide you on so many things that you need to take note of.

You will get insights on creating a marketplace for your items, effective ways to get support while building your items, whether or not it is only for games, and many more.

It is quite easy and simple if you want to get started and the good thing is that; it is interesting as well.

You will get all the help you need from the developer tutorial and there is a video tutorial too for the intense explanation.

How does one Create a Marketplace for their Items on Opensea?

Generating a marketplace for your items on Opensea is not hard. It all depends on the type of project you have in hand.

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For instance, if your project supports ERC721 or ERC1155, the process becomes much easier.

All you will need to do is visit the developer tutorial site, go through the instructions keenly and follow them.

Is Opensea only for Games?

One good thing about Opensea is that it supports all types of assets as long as they use the blockchain ecosystem.

Therefore, no, Opensea is not only for games. There are numerous non-games projects that you can find on Opensea.

All you need to do is visit the Dottabot software License project or Crypto stamps to view the non-games projects.

How do fees work? Can one benefit from secondary sales of their items?

When using Opensea to sell your items, you are free to state the price you would like to sell the items for.

Therefore, in every item you sell, you will receive a certain percentage as the developer of the project.

Even though Opensea imposes fees on either the seller or the buyer, it is best to stick to a seller fee of 2.5% or even less.

Any marketplace infrastructure on Opensea is usually free to all users and users do not pay any amount when setting up a marketplace. However, Opensea deducts 2.5% of the seller fees as compensation.

Can I use Opensea to sell the original items in my game?

It is possible to do this and using the simplest way will make things easier for you.

First, you will need to set up your Ethereum account and auction out everything in it.

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For this to be efficient, you will have to use the standardized Opensea auction flow.

While doing this, bear in mind that there are other options you can use. Setting up an Ethereum account turns out to be the simplest and most convenient method.

Alternatively, you might use the advanced presale structure to generate the items you need to sell randomly. Whichever option you choose is fine; as long as it suits your needs.

Conclusion

FAQs About Opensea NFT Properties

Here are some of the questions Opensea provides:

  • As a beginner, how will I ensure that all my items are available on Opensea?
  • How does one Create a Marketplace for their Items on Opensea?
  • Is Opensea only for Games?
  • How do fees work? Can one benefit from secondary sales of their items?
  • Can I use Opensea to sell the original items in my game?