PRESS RELEASE. February 23, 2021 – OpenSea, the largest marketplace for blockchain-enabled non-fungible tokens (NFTs), is in the process of building support for Flow, a blockchain built for mainstream consumer scale originally created by Dapper Labs, the company behind CryptoKitties and NBA Top Shot, which has recently reached over $150 million in sales volume, becoming the highest-selling NFT dapp across the entire crypto ecosystem. The integration will allow for the creation of a massive open economy powering the next generation of apps and games, fueled by OpenSea’s position as industry leader and Flow’s unique ability to bring blockchain technology to mainstream audiences.
Flow brings remarkable opportunities to further the growth of the marketplace’s digital economy around NFTs and digital collectibles. With a rich ecosystem including global brands such as NBA, Warner Music Group, and UFC, the potential for mainstream adoption of Flow is represented in the enormous success of NBA Top Shot. Coupled with uniquely-architected technology that allows for scalability without compromising decentralization or sharding the network, Flow offers great user experience for wider non-blockchain audiences.
Pioneering the NFT trading space, with over 12 million assets, 500+ dapps, and 10,000 ETH in monthly volume, OpenSea has long established its position as an industry leader. The upcoming Flow support on the platform will bring new users interested in leveraging the open nature of OpenSea’s economy in their interactions with Flow NFTs. It will also enable new types of engagement for OpenSea’s existing user base by unlocking a faster, more affordable and user-friendly blockchain.
About OpenSea
Founded in November 2017, OpenSea is proud to remain the largest general marketplace for crypto collectibles, with the broadest set of categories , the most items , and the best prices. We’re doing this through a community of passionate users and developers. We partner with game developers and artists to create customizable storefronts for users to automatically buy and sell their crypto collectibles.
About Flow
Flow is a fast, decentralized, and developer-friendly blockchain, designed as the foundation for a new generation of entertainment apps, games and the digital assets that power them. Flow is the only layer-one blockchain originally created by a team that has consistently delivered great consumer blockchain experiences: CryptoKitties, Dapper Wallet, NBA Top Shot.
Flow boasts a rich ecosystem of top entertainment brands, development studios, and venture-backed startups. Flow ecosystem partners include global IP brands like Warner Music, Ubisoft, NBA and UFC; leading game developers, including Animoca Brands, Sumo Digital and nWay; and many leaders in the crypto space such as Circle and Binance.
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