TLDR Crypto · INNOVATION & LAUNCHES

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theblock.co2 min read

Summary from the TLDR Crypto newsletter

OpenSea, once the largest NFT marketplace in the crypto ecosystem, has faced challenging times after being unseated by rival marketplace Blur last year. In addition to dwindling secondary trading volume, the company has also seen diminished usage of its minting feature over time. In response to this and the success of other minting platforms like Zora, OpenSea has launched a “no-code” studio, enabling creators to set up and drop an NFT collection on their choice of supported chains without any technical experience or third-party assistance.