If you’re a dedicated early adopter in the crypto gaming space, you know that selling one of your items can often be hard. The markets are young, pricing history is often sparse (check out nonfungibles.com for some early data), and it can be difficult to get exposure to buyers.
OpenSea is hard at work on solving these problems. In fact, recent upgrades to our exchange mean that many items can be listed both on OpenSea and on other marketplaces!
Let’s take Decentraland as an example. Decentraland is an incredibly exciting project in which users can buy land in a virtual world and build rich new virtual reality experiences. While Decentraland’s own marketplace may be the primary place to buy land, OpenSea also has a number of parcels for sale (purchasable directly in ETH). In fact, this land near Dragon City recently sold for 4 ETH on OpenSea!
Since OpenSea’s items remain in the user’s wallets while on sale, you can put your land for sale both the Decentraland marketplace and OpenSea simultaneously. Here are a few reasons you might want to give it a try:
On OpenSea, you’ll get another audience who might be interested in purchasing your item. When you list your item it will show up in the general feed of OpenSea’s sales where users browsing our site can discover it.
Auction items gas free
After approving initial set-up transactions, you’ll be able to auction your items without paying any gas. This means you can put as many items as you’d like on sale for free! You can learn more about our gas-free auctioning system here.
Sell in ETH
On OpenSea, you can sell directly in ETH. This exposes you to an audience that might not already hold the native token of the project.
This is our users’ favorite feature! If an item is listed as too expensive (or not even on sale), buyers can make an offer on your items. This makes it a ton easier to get your assets sold at the right price. Learn more about the offer system here.
How to cross-list
Now for the nitty gritty! Here’s exactly how you can create an auction for your Decentraland parcel on OpenSea.
1. Find your land on your OpenSea account.
2. Set up your auction parameters.
3. Set up your OpenSea account and approve access to trade Decentraland
You only need to do this once! If you’re a new OpenSea user, you’ll need to submit an on-chain transaction to set up your account. You’ll then need to submit an on-chain transaction to give the smart contract access to your parcels. Once you’ve completed these transactions, you’ll never need to do them again. Subsequent auctions are gas-less!
4. Sign your order
Once you’ve set up your account and approved Decentraland with our exchange, sign your order and your auction will be immediately created!
Other items you can cross list
Tons of other items can also be cross-listed on the OpenSea exchange! You can check out the listings for Etheremon here.
As always, reach out to us on our Discord if you have any questions.