NFTS minted on the Ronin blockchain is now on Opensea, allowing users with Ronin wallet to interact with Opensea’s interface, allowing new NFTS to be purchased, sold and launched on the web.
The update also includes access to Opensea Studio, a codeless creation platform for launching NFT collections directly on Ronin, which promises to make NFT creation easier for creators on the network.
To mark the integration, Sky Mavis released two free commemorative NFTs, namely Jin and Ronke, where users can create minting by connecting their Ronin wallets. Two token reference diagrams familiar to the Ronin user base and can be used for a limited time.
Source: OpenseaWhy is it so important to the Luoning community?
Integration with Opensea provides a wider digital asset market for Ronin users.
Prior to this update, NFTs on the Ronin blockchain were limited to transactions in the Ronin market. Opensea’s increase expands trading options and may increase the visibility and liquidity of collections originally established within the Ronin ecosystem.
The network gains a new revenue stream with 8% of the Opensea platform fees for Ronin-based NFT transactions. According to Sky Mavis, this setup reflects existing arrangements with the Ronin market, further supporting long-term funding for network operations and ecosystem growth.
Source: Luo NingWhat can we expect from Opensea integration?
Now supported by Opensea Studio, NFT creation on Ronin is allowed for users to start new projects or sets without coding experience. By selecting “Ronin” as the blockchain during the creation process, users can publish NFTs using the same wallets and assets required for Ronin-Native interaction.
The integration also introduces a split approach to royalties. Opensea will grant royalties using the ERC-721C and ERC-1155C token standards. However, collections based on older standards such as ERC-721 and ERC-1155 will not be able to execute executable royalties on Opensea, although they are still enforced in the Ronin Market. Sky Mavis said plans to address this difference and align law enforcement across platforms.
Memorial Jin and Ronke NFT are part of the limited-time mint associated with the integration announcement. Users can request them for free via OpenSea by connecting their Ronin wallets and following standard transaction confirmation steps.
