The largest Web3 marketplace for Non-fungible tokens (NFTs), Opensea, has decided to discontinue its support for one of the major BNB Smart Chains (BSC) on its platform.
On 18 August, OpenSea made an official announcement regarding the removal of BSC (Binance Smart Chain) from their NFT platform. This integration had been introduced by Web3 Platford in the previous year, following heightened interest from the broader NFT community.
In an X (Twitter) post, OpenSea conveyed that their choice to eliminate BSC stemmed from the necessity to concentrate resources on the most promising endeavors. They concluded that “the cost to continue supporting BSC outweighs the impact.”
At present, users are limited in their ability to generate fresh listings for BSC NFTs or initiate new offers. However, they still retain the capability to “view, discover, and transfer BSC NFTs” within the OpenSea platform.
Furthermore, OpenSea expressed its belief that “this decision will help us direct resources to keep pace with the rapid innovation in our ecosystem.”
OpenSea’s dedication to technological advancement is evident in their recent inclusion of support for Layer-2 solutions such as Coinbase’s Base and Zora.
This strategic decision to remove BSC (Binance Smart Chain) aligns with their focus on layer-2 blockchains, as BSC is a layer-1 blockchain.
Also Read: OpenSea Makes Creator Royalties Optional on Its Platform
