OpenSea, one of the leading NFT marketplaces in the blockchain space, has officially announced the discontinuation of its support for the BNB Chain effective on August 19.
This decision implies that OpenSea will no longer facilitate the creation of new listings or offers for NFTs on the Binance Smart Chain (BSC), though users can still explore, search, and execute transfers within the network.
In a recent tweet, OpenSea mentioned that as things change and improve, they have to use their resources for the most initiative projects. They decided to stop helping with BSC because it would cost too much to keep it going with the resources they have.
Other Choices Still Available
Even though they’re not helping with BSC anymore, OpenSea still works well with many other chains. You can use it with Ethereum, Klaytn, Solana, and Avalanche. The platform also works with Arbitrum and Optimism, which make Ethereum work better and faster.
What BNB chain is?
The BNB Chain comprises two main components: the Binance Smart Chain (BSC) and the BNB Beacon Chain.
BSC serves critical roles such as supporting the Ethereum Virtual Machine (EVM) for executing smart contracts, serving as a consensus layer, and functioning as a multi-chain hub.
The BNB Beacon Chain, on the other hand, assumes responsibilities related to BNB chain governance, including staking and voting processes.
