The NFTS, decorated on the Ronin blockchain, is now live at Opensea, allowing users with Ronin wallets to engage in Opensea’s interface to buy and sell and launch new NFTs over the network.
The update also includes access to Opensea Studio, a no-code creation platform for launching NFT collections directly on Ronin, which is expected to make NFT creation more accessible to creators running on the network.
To mark the integration, Sky Mavis has released two free commemorative NFTs (Jin and Ronke). This can be minted by the user connecting Ronin Wallets. Both tokens are available for a limited time, referring to numbers familiar to the Ronin user base.
Source: OpenseaWhy is this important to the Ronin community?
With integration with Opensea, Ronin users offer a broader market for digital assets.
Prior to this update, the NFTs of the Ronin blockchain were limited to trading within the Ronin market. The addition of Opensea expands trading options and potentially improves the visibility and liquidity of collections originally built within the Ronin ecosystem.
With 8% of Opensea’s platform fees from Ronin-based NFT transactions directed towards Ronin Treasury, the network will gain new revenue streams. According to Sky Mavis, the setup reflects existing deployments with Ronin Market, further supporting long-term funding for network operations and ecosystem growth.
Source: RoninWhat can you expect from Opensea Integration?
NFT creation in Ronin is currently supported via OpenSea Studio. This allows users to create new items and launch collections without experience. By selecting “Ronin” as the blockchain during the creation process, users can expose NFTs using the same wallets and assets needed for Ronin native interactions.
The integration also introduces a split approach to royalty enforcement. Opensea honors the royalties of the collection using the ERC-721C and ERC-1155C token standards. However, collections built on older standards such as the ERC-721 and ERC-1155 will remain in place within the Ronin market, but will not have enforceable royalties for Opensea. Sky Mavis has indicated plans to address this discrepancy and coordinate enforcement across platforms.
Memorial Jin and Ronke NFT are part of the limited time mint associated with the announcement of the integration. Users can connect their Ronin wallet and follow standard transaction verification procedures to claim them free of charge through Opsy.
