OpenSea

NFTs

Discover, collect, and sell extraordinary NFTs on the world's first and largest NFT marketplace.

Invest
How you make money
Value
Minimum Investment
Fees
Varied
Target Return
Varied
Open to
All Investors
Liquidity
Hard

How you make money

Buy, sell, and trade NFTs with the world's largest NFT marketplace. An NFT is a non-fungible token that is a digital, .jpeg file. OpenSea is the secondary market for NFTs where you can find each NFT projects profile. The way to profit off of NFTs is usually by buying an NFT and selling that NFT for a higher price. If you already own NFTs, you can connect your wallet to OpenSea's marketplace.

How they make money

OpenSea makes money by charging creators 2.5% for a service fee as well as a royalty fee of 10%. OpenSea does not charge buyers to use the platform.

Investment Risks

Although there are no fees for buyers from OpenSea, be sure to be aware of potential gas fees when dealing with blockchains such as Ethereum with fees that can aggressive at times and fluctuate often. Also consider there may be fees charged by the creator that can be about 1%-5%. When investing in NFTs there is no guarantee that you will receive positive gains. The hope is that you are able to sell at a higher price than you bought it for.