South Korea’s Popular Blockchain Platform Klaytn Announces Integration With OpenSea NFT Marketplace

The growing popularity of NFTs is also attracting some of the legacy blockchain platforms in the market. Klaytn, the public blockchain platform by South Korean internet giant Kakao has recently announced its integration with the largest NFT marketplace OpenSea.

This partnership will unlock major opportunities for Klaytn. With the integration with OpenSea, Klaytn can release its own NFTs right from gaming items to digital art characters. As per the official press release, the peer-to-peer trading of the Klaytn-powered NFTs will start by the end of June 2021.

Users just need to sync their OpenSea account with Klaytn’s web browser extension wallet aka the Kaikas wallet. By doing this, users can easily buy/sell NFTs using Klatyn’s native blockchain token KLAY. Jason Han, the CEO of Ground X, heading the development of Klaytn said:

“The Klaytn support on OpenSea will provide our ecosystem with an opportunity to interact with a much wider audience, and we look forward to further exploring interesting digital assets on Klaytn”.

Diving Into the NFT Marketplace

The Klaytn platform from Kakao has been working to push forward the mass adoption of blockchain technology. It has been aggressively working on build fast and scalable solutions that can cater to a wide range of applications. This includes applications suitable for micro startups as well as by enterprises.

The Klaytn platform’s efficient and hybrid design combines the best of both public and private blockchains. OpenSea CEO Devin Finzer said:

“We believe that supporting the Klaytn blockchain and its growing NFT community empowers the blockchain space that can invite even mainstream audiences to experience Klaytn’s unique digital items and goods”.

NFTs have been wildly popular in recent times drawing interest right from Hollywood stars to tech billionaires like Jack Dorsey and Elon Musk. Even top sporting platforms like the NBA have caught up with the NFT bug launching its own NFT marketplace NBA Top Shots.