OpeaSea announces slew of new creator tools

The NFT marketplace OpeaSea has launched a suite of new Drop features that give designers new tools to mint assets on the site. 

These include multi-stage minting phases, allowlist support, and rich narrative components, among other tools. 

The next phase of Drops was announced by OpenSea on Feb. 2. The rollout is expected to take place over the next several weeks, eventually allowing all users of the platform to set up smart contracts on all EVM chains, customize drop mechanisms, and create personalized landing pages. OpenSea announced that it will initially provide access to a select group of developers in the coming weeks, and those interested in an early look at the toolkit can request it online.

According to OpenSea, its aim with the new Drops feature is to enable anyone to sell their collections on its storefront, across any chain, without the need for specialized knowledge or extensive technology resources to create a customized landing page.

The marketplace has so far been showcasing Drops from various creators, including omgkirby, CLOUDMACHINE, Probably a Label, and Anthony Hopkins, on customized landing pages. An individual’s profile page in the marketplace may include videos, photo galleries, item specifications, and future project plans.

OpenSea has gained attention for its strict policy on enforcing creator royalties, even going as far as to restrict the sale of NFTs originally minted on its platform on certain secondary marketplaces that don’t enforce royalties.

In 2022, OpenSea’s dominance over the NFT marketplace shrank by 23%. 

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