Golden
OpenSea

OpenSea

An online marketplace for buying and selling cryptocollectables. The company is located in New York City and was founded in 2017.

OpenSea is a company that participated in the YC W18 cohort of Y Combinator and raised an estimated $2,120,000.It is a peer-to-peer marketplace where goods such as gaming items, digital art, and other goods backed by a blockchain can be bought and sold.

Product

Users can create their own customizeable marketplace using the OpenSea software and set their own fees for their sales. The projects must be ERC-721 compliant to be sold in the marketplace. Users can create auctions for items with any cryptocurrency of their choice. They must submit a contract on the platform in order to get their auction started. The application programming interface can show users market data with statistics and insights in the form of graphs so that users can see how their digital assets are trending. Users can sell their assets in packs, airdrop rewards to customers if so desired, and create lootboxes.





There are more than three million digital assets on the platform and cryptocurrencies such as Ethereum are used for the exchanges. Sales are conducted through smart contracts on the platform and users can keep their commission after paying a fee to OpenSea. 



Timeline

People

Name
Role
Related Golden topics

Alex Atallah

Co-Founder and CTO



Devin Finzer

Co-Founder and CEO



Dylan Field

Investor



Further reading

Title
Author
Link
Type
Date









Documentaries, videos and podcasts

Title
Date
Link





Companies

Company
CEO
Location
Products/Services









References