By the end of 2022, the <a href="https://www.cryptoknowmics.com/news/sports-nft-company-candy-digital-fires-more-than-30-of-its-staff">nonfungible token (NFT)</a> and crypto collectibles platform OpenSea <a href="https://opensea.io/rankings?chain=bsc&amp;utm_medium=Organic&amp;utm_campaign=TWT_NEW_ALL_112922_BNB" target="_blank" rel="nofollow noopener">intends</a> to incorporate <a href="https://www.cryptoknowmics.com/news/national-bank-of-kazakhstan-nbk-to-test-bnb-chain-for-digital-currency">BNBChain</a> into its Web3 NFT market system. The Seaport Protocol implementation will let consumers shop, list, and exchange BNBChain NFTs on <a href="https://www.cryptoknowmics.com/news/binance-includes-opensea-nfts-on-binance-nft-marketplace">OpenSea</a>.

https://twitter.com/opensea/status/1597633637469818881

Binance created BNB Chain as a blockchain network that focuses on <a href="https://www.cryptoknowmics.com/news/chainlink-labs-and-landvault-collab-to-grow-web3-metaverse-applications">Web3</a> and is supported by BNB, the exchange's native coin. Among other things, the implementation of BNB Chain with OpenSea's Seaport Protocol seeks to offer BNB Chain producers numerous creator rewards, real-time payments, and the collection of resources.
<h2>The objective of OpenSea Launch on BNBChain</h2>
The goal is to provide NFT producers and consumers with better experiences, according to Gwendolyn Regina, investment director of BNB Chain. She further stated that the connection would enable the creators and NFT efforts within the BNB Chain environment as well as attract a substantial proportion of creators into the complex network.

The integration intends to reduce gas costs, make signature verification activities simpler, and do away with setup expenses. OpenSea intends to employ Seaport across many blockchains in conjunction with BNB Chain to garner more attention.
<h2>Imposition of Royalties</h2>
After facing intense public criticism, OpenSea has affirmed that it will keep imposing royalties across all collections. The backlash from the community began when OpenSea confirmed the existence of an on-chain application that would enable producers to impose royalties for any new collections on the network but would not extend the same privilege to current collections.

OpenSea Announces Its Official Launch on BNBChain

By the end of 2022, the nonfungible token (NFT) and crypto collectibles platform OpenSea intends to incorporate BNBChain into its Web3 NFT market system.

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OpenSea Announces Its Official Launch on BNBChain

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