If you are a content creator looking to monetise your digital assets, you might have heard of and looking for an alternative to OpenSea, one of the most popular platforms for buying and selling non-fungible tokens (NFTs). NFTs are unique digital tokens that represent ownership of various types of digital content, such as art, music, videos, games, and more. NFTs have exploded in popularity in the past year, with billions of dollars worth of transactions happening on various marketplaces.
However, not all NFT marketplaces are created equal. While OpenSea is the largest and most well-known platform, it also has some drawbacks that might make it less appealing for content creators. So you might be looking for an alternative to OpenSea. On the other hand, Remooz is a newer and more innovative platform that offers some unique advantages for content creators. In this blog post, we will compare OpenSea and Remooz based on several criteria and explain why Remooz is better than OpenSea for content creators.
One of the main differences between OpenSea and Remooz is the blockchain they use. OpenSea is based on Ethereum, the most popular blockchain for NFTs. However, Ethereum also has some limitations, such as high gas fees, network congestion, and environmental impact. Gas fees are the costs of executing transactions on the Ethereum network, and they can vary depending on the demand and complexity of the transactions. Sometimes, gas fees can be so high that they make NFT transactions unprofitable or unaffordable for both buyers and sellers.
Remooz, on the other hand, is based on Hyperledger Fabric, a permissioned blockchain that is designed for enterprise use cases. Hyperledger Fabric has several advantages over Ethereum, such as faster transaction speed, lower transaction costs, higher scalability, and better security. Hyperledger Fabric also uses a crypto-free model, which means that users do not need to buy or hold any cryptocurrency to use the platform. This makes Remooz more accessible and user-friendly for content creators who are not familiar with crypto.
Another difference between OpenSea and Remooz is the fees they charge. OpenSea charges a 2.5% service fee for sellers on every sale they make on the platform. This means that if you sell an NFT for $1000 on OpenSea, you will have to pay $25 to OpenSea as a commission. On top of that, you will also have to pay gas fees to the Ethereum network, which can vary depending on the network congestion and the complexity of your transaction. Sometimes, gas fees can be higher than the service fee itself.
Remooz does not charge any fees to create NFTs on its platform. You can create as many NFTs as you want without paying anything to Remooz or the Hyperledger Fabric network. This means that you can experiment with different types of digital assets and test the market demand without any risk or cost. Remooz only charges a 2% commission on sales, which is lower than OpenSea’s 2.5%. Moreover, since Remooz uses a crypto-free model, you do not have to pay any gas fees or deal with any cryptocurrency.
Another difference between OpenSea and Remooz is the payment options they offer. OpenSea only accepts various cryptocurrencies as payment methods, such as Ether (ETH), Wrapped Ether (WETH), DAI, USDC, and more. This means that buyers need to have a compatible wallet and enough cryptocurrency to buy NFTs on OpenSea. This also means that sellers need to convert their cryptocurrency earnings into fiat currency if they want to cash out or use them for other purposes.
Remooz accepts local currencies as payment methods, such as US dollars (USD), euros (EUR), British pounds (GBP), and more. This means that buyers can use their credit cards or bank accounts to buy NFTs on Remooz without having to deal with any cryptocurrency. This also means that sellers can receive their earnings in their preferred local currency without having to convert them from cryptocurrency.
Another difference between OpenSea and Remooz is the type of content they support. OpenSea supports various NFT categories, such as art, gaming, photography, domain names, virtual worlds, and more. However, most of these categories are dominated by a few popular collections or projects that have high demand and value. This means that it can be hard for new or unknown content creators to stand out or compete with established players on OpenSea.
Remooz supports various digital assets that can be tokenized and monetized using NFTs, such as tickets, memberships, designs, music, videos, podcasts, e-books, courses, and more. These types of digital assets are more diverse and inclusive than the typical NFT categories on OpenSea. This means that content creators can leverage their existing skills and talents to create unique and valuable digital assets that appeal to different audiences and niches on Remooz.
Another difference between OpenSea and Remooz is the social features they offer. OpenSea has a community page where users can join discussions and events related to NFTs. However, this page is mostly focused on news and announcements rather than interactions or engagements among users. Moreover, OpenSea does not have any internal chat or messaging system that allows users to communicate with each other directly on the platform.
Remooz has a news feed where users can post and interact with one another using likes, comments, shares, and reactions. This feature allows users to discover new content, follow their favourite creators, and join conversations about NFTs. Remooz also has an internal chat where users can send messages, images, videos, and audio clips to each other privately or in groups. This feature allows users to negotiate deals, ask questions, give feedback, and build relationships with other users on the platform.
As you can see from this comparison, Remooz offers a better alternative to OpensSea through several advantages over OpenSea for content creators who want to monetise their digital assets using NFTs. Remooz uses a more efficient and eco-friendly blockchain that lowers transaction costs and increases accessibility. Remooz does not charge any fees to create NFTs and only charges a low commission on sales. Remooz accepts local currencies as payment methods and allows users to receive their earnings in their preferred currency. Remooz supports various types of digital assets that are more diverse and inclusive than the typical NFT categories on OpenSea. Remooz has social features that allow users to post and interact with one another using a news feed and an internal chat.
If you are a content creator who wants to join the NFT revolution and sell your digital assets to a global audience, you should definitely check out Remooz and see how it can help you achieve your goals.
We hope this blog helps you understand how Remooz is a better alternative to OpenSea for content creators.a
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