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Future of L1s With AVA LABS -- EP - 183OpenSea operates as a decentralized NFT marketplace that functions on the Ethereum blockchain. Its platform facilitates the creation, discovery, buying, and. OpenSea operates as a blockchain-based aggregator marketplace designed for buying, selling and trading NFTs. It functions much like well-known e. You can sign up and create a self-custodied wallet on the OpenSea website using Privy. NFT transactions happen using cryptocurrency, although.