OpenSea has been making a lot of big moves recently, including partnering with large brands like Warner Music Group to grow their customer base and make NFTs more accessible for more audiences. Now they are launching product features to help simplify the user journey for creators on their marketplace. OpenSea has announced SeaDrop, a new open-source smart contract.
SeaDrop means that users no longer have to deploy their own smart contracts but can now use an off-the-shelf smart contract developed by OpenSea. Other benefits for creators include the ability to customize their whitelists and to set custom drop times for their collections. SeaDrop also supports minting so customers can mint all types of NFTs and save money on gas fees if they mint in bulk. Lastly, assets minted using SeaDrop can be easily tracked since all the activity happened on-chain. Currently, SeaDrop supports Ethereum and Polygon but plans to add more blockchain compatibility over time.
Overall, this makes things run more efficiently for anyone minting and listing their NFTs on OpenSea. If people no longer need to create their own smart contracts and can use SeaDrop, people might be more inclined to use NFTs. One of the biggest barriers to NFT adoption is the requisite knowledge and skill required to create things like smart contracts. With SeaDrop, one of those barriers is now being reduced. This is definitely good news and should spur other NFT marketplaces to develop similar features for their users.