# OpenSea Launches New Standard for Redeemable NFTs

OpenSea, a leading NFT marketplace, has announced its innovative approach to redeemable NFTs by introducing an open standard. This will cater to both on-chain (NFT to NFT) and off-chain (NFT to goods, services, or experiences) exchanges. To showcase the concept, OpenSea has also rolled out a proof-o

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| Published | 29 August 2023 |

Source: https://egamers.io/opensea-launches-new-standard-for-redeemable-nfts/