What is the ownership structure of Opensea?

3 answers

• sel99Feb 09, 2025 · a year ago
  Opensea is a decentralized marketplace for non-fungible tokens (NFTs) and does not have a traditional ownership structure like a centralized company. It operates on the Ethereum blockchain and is governed by smart contracts. The platform is open to anyone who wants to buy, sell, or trade NFTs, and there is no single entity or individual that owns or controls Opensea.
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• Jando MudoJan 20, 2022 · 4 years ago
  Opensea's ownership structure is decentralized, which means that no single entity or individual has majority ownership or control. The platform is built on the Ethereum blockchain and operates through smart contracts, ensuring transparency and immutability. This decentralized structure aligns with the core principles of blockchain technology, allowing for a fair and open marketplace for NFTs.
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• Ngân Hồ Thị MỹDec 12, 2020 · 5 years ago
  As an expert in the field, I can confirm that Opensea operates with a decentralized ownership structure. This means that ownership and control are distributed among the participants of the platform. Unlike traditional centralized companies, Opensea is governed by smart contracts and operates on the Ethereum blockchain. This decentralized approach ensures transparency, security, and equal opportunities for all participants in the marketplace.
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