OpenSea Opens Mobile App to All Users and Pays Referrers 25% of Fees
OpenSea's mobile app leaves beta
OpenSea, a marketplace for non-fungible tokens (NFTs, which are unique digital items recorded on a blockchain), has opened its mobile app to all users. The company also said it pays referrers 25% of the fees it collects.
OpenSea said its social feed shows trades pulled from across crypto apps, rather than only from its own users. It also said that 76% of the more than 56,000 beta signups were active.
Key numbers from the launch
- The app is now available to all users, not just beta testers.
- Referrers receive 25% of fees.
- More than 56,000 people signed up for the beta.
- OpenSea says 76% of those beta signups were active.
What OpenSea says about its social feed
According to the marketplace, the app's social feed aggregates trading activity from across crypto apps instead of focusing only on trades made by its own users. This is a company claim about how the feature works.
What is confirmed
OpenSea has made the mobile app available to all users and pays referrers 25% of fees. These points come from the marketplace's own statements.
What is still unclear
The source material does not explain how the referral program works in detail, how the 25% share is calculated or paid, or which crypto apps feed into the social feed.