OpenSea
Founded Year
2017Stage
Series C | AliveTotal Raised
$425.12MValuation
$0000Last Raised
$300M | 1 yr agoAbout OpenSea
OpenSea allows users to buy and sell crypto goods through smart contracts. It operates as a peer-to-peer marketplace for crypto goods including non-fungible tokens (NFTs), collectibles, gaming items, and other virtual goods backed by a blockchain. It was founded in 2017 and is based in New York, New York.
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ESPs containing OpenSea
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The generative AI — image model developers market is a rapidly growing industry that focuses on developing advanced computer vision models using generative adversarial networks (GANs). These models are capable of generating realistic images and videos, which have numerous applications in industries such as gaming, e-commerce, and healthcare. The solutions offered by this market can help businesses…
OpenSea named as Leader among 8 other companies, including OpenAI, Stability AI, and Datagen.
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Research containing OpenSea
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CB Insights Intelligence Analysts have mentioned OpenSea in 9 CB Insights research briefs, most recently on Dec 14, 2022.
Dec 14, 2022
What L’Oréal, Nike, and LVMH are doing in Web3Dec 22, 2021
State Of Blockchain Spotlight: NFTs Gone WildOct 19, 2021 report
Coinbase Strategy Teardown: How Coinbase Grew Into The King Midas Of CryptoSep 7, 2021
80+ Companies Shaping The Blockchain LandscapeApr 21, 2021
What Is Ethereum?Expert Collections containing OpenSea
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
OpenSea is included in 5 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,208 items
Blockchain
9,120 items
Companies and startups in this collection leverage blockchain technology for crypto trading, decentralized finance (DeFi), NFTs, and more.
Influencer & Content Creator Tech
293 items
Companies that serve independent creators who want to monetize their own work, from content creation tools to administrative back-end platforms to financing solutions.
Blockchain 50
50 items
Metaverse
163 items
Companies in this collection map to our metaverse market map, published on 4/13/2022. Read the full metaverse report here: https://app.cbinsights.com/research/metaverse-market-map/
Latest OpenSea News
May 4, 2023
8:03 AM MYT FILE PHOTO: A court officer walks outside the Southern District of New York Federal courthouse, in New York City, New York, U.S., March 17, 2020. NEW YORK (Reuters) - A former product manager at OpenSea, the world's largest marketplace for non-fungible tokens (NFTs), was convicted on Wednesday of fraud and money laundering for using inside knowledge of which assets would be featured on its home page to trade NFTs. Nathaniel Chastain was accused of buying NFTs he had decided to feature on the OpenSea website and selling them shortly afterward to make more than $50,000 in illegal profit, in what federal prosecutors in Manhattan described as the first insider trading case involving digital assets. "He abused his status at OpenSea to line his own pockets, and he lied to cover his tracks," prosecutor Thomas Burnett said in his closing argument on Monday. The charges against Chastain, announced last June, were the first in a series of high-profile cases related to digital assets launched by the U.S. Attorney's office in Manhattan last year. The case could have broader implications for assets that do not fit in to existing regulations preventing investment advisers, brokers and others from trading on material nonpublic information, legal experts have said. Chastain had pleaded not guilty. His lawyers argued that OpenSea did not treat knowledge of what NFTs would be featured on its home page as confidential information when Chastain worked at the company. "You can't hold Nate to a standard that didn't exist," his lawyer Daniel Filor told jurors in his closing argument on Monday. "Nobody told Nate that he couldn't use or share that information." Prosecutor Allison Nichols said Chastain used anonymous OpenSea accounts to make the illegal trades, showing he knew what he was doing was wrong. "He hid what he was doing," Nichols told the jury in her rebuttal argument. "He knew that he had violated OpenSea's confidentiality agreement." (Reporting by Luc Cohen in New York) Article type: free
OpenSea Frequently Asked Questions (FAQ)
When was OpenSea founded?
OpenSea was founded in 2017.
Where is OpenSea's headquarters?
OpenSea's headquarters is located at 105 East 24th Street, New York.
What is OpenSea's latest funding round?
OpenSea's latest funding round is Series C.
How much did OpenSea raise?
OpenSea raised a total of $425.12M.
Who are the investors of OpenSea?
Investors of OpenSea include Coatue Management, KRH, FinTech Collective, Paradigm, Andreessen Horowitz and 25 more.
Who are OpenSea's competitors?
Competitors of OpenSea include Ignium, DMarket, Magic Eden, Devour, Center, KnownOrigin, Authentic Artists, WAX, HARTi, Koia and 30 more.
Compare OpenSea to Competitors
Kitely Market is a virtual goods marketplace that enables content creators to serve avatars from all across the Metaverse from a single online store. Its goal is to create a critical mass of content, merchants and buyers to help the Metaverse evolve from a collection of separate systems to a unified ecosystem.
WAX Studios develops the WAX carbon-neutral blockchain network. WAX (Worldwide Asset Exchange) is a safe and convenient way to create, buy, sell, and trade both virtual and physical items to anyone, anywhere in the world. It is a complete, climate-friendly NFT ecosystem for brands, artists, creators, and developers looking to leverage the power of the blockchain. The company was founded in 2017 and is based in Grand Cayman, Cayman Islands.
Hoard Exchange is a platform that aims to change the video game industry by enabling true ownership of virtual items and downloadable content using blockchain technology. The Hoard platform will facilitate 3 main things: 1) true ownership of virtual content for gamers; 2) a new model of game financing for developers; 3) development of a virtual goods marketplace and new opportunities for 'virtual employment'. By providing infrastructure for game developers to tokenize all aspects of their games on a blockchain, Hoard will enable gamers to finally own the items they pay real money for.
Operator of an online transaction platform for the game industry. The company offers an online marketplace for mobile games players to buy and sell account, virtual good, and in-game currency. It also provides recharging services.
Rarible delivers a community-owned non-fungible token marketplace. It enables users to create, sell, or collect digital items secured with blockchain. The company was founded in 2020 and is based in Wilmington, Delaware.
Users can research, buy, and sell virtual goods. Built for the gaming community.
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