OpenSea Discontinues BNB Smart Chain Support for New NFTs

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OpenSea Withdraws BNB Smart Chain Support: Latest Updates and Implications

OpenSea, a prominent non-fungible token (NFT) marketplace, has announced the discontinuation of support for one of its integrated blockchains.

Effective immediately, OpenSea will no longer permit the creation of new NFTs on the BNB Smart Chain (BSC). In a social media post, the company explained that the decision was driven by the “need to align resources with the most promising efforts,” noting that “to continue supporting BSC outweighs the impact.”

“Beginning today, you will no longer be able to make new offers or establish new listings for BSC NFTs. This change will take effect immediately. However, you will still have the ability to access, discover, and transfer BSC NFTs on our platform,” OpenSea stated. “We are certain that this choice will assist us in directing resources so that we can stay up with the tremendous innovation occurring within our ecosystem.”

As a result of this adjustment, the total number of blockchains supported by OpenSea has been reduced to 10. The remaining supported networks include Arbitrum, Avalanche, BNB Chain, Base, Ethereum, Klaytn, Optimism, Polygon, and Zora.

The BNB Smart Chain is a Layer 1 blockchain that originated from the Binance. It was previously known as the Binance Smart Chain.

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