OpenSea rolls out new suite of tools offering one-stop shop for NFT drops

Quick Take

  • NFT marketplace OpenSea has launched a self-contained product for people or brands who want to launch their own NFT projects. 
  • The suite of tools includes deploying smart contracts across all supported EVM chains, configuring drop mechanics and personalizing landing pages. 

OpenSea has launched a suite of tools to let people or brands launch their own NFT projects. 

The tools aid deploying smart contracts across all supported EVM chains, configuring drop mechanics and personalizing landing pages. This move followed OpenSea's efforts to create distinct tools for an augmented mint launch, such as immersive minting, scarcity trackers and royalty enforcement tools. 

The company said that it will allow certain creators to use the one-stop shop minting tools over the coming weeks. It will be adding more features. 

"Our vision is to expand this product so that anyone can easily drop collections across any chain on OpenSea with an immersive, safe storefront — without needing access to robust technical resources or expertise," OpenSea said.

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OpenSea is one of the most popular NFT marketplaces for Ethereum-based digital assets, bringing in 56% of the total NFT trading volume in January of this year, according to The Block's Data Dashboard. OpenSea partnered with U.S. record label Warner Music Group to facilitate music NFT launches. 


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About Author

MK Manoylov has been a reporter for The Block since 2020 — joining just before bitcoin surpassed $20,000 for the first time. Since then, MK has written nearly 1,000 articles for the publication, covering any and all crypto news but with a penchant toward NFT, metaverse, web3 gaming, funding, crime, hack and crypto ecosystem stories. MK holds a graduate degree from New York University's Science, Health and Environmental Reporting Program (SHERP) and has also covered health topics for WebMD and Insider. You can follow MK on X @MManoylov and on LinkedIn.

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