OpenSea, the online market for non-fungible tokens (NFTs) and crypto collectibles, has started a new project to make it easier for creators to create and sell NFTs on its platform.
The company thinks that allowing creators to launch their NFT collections on their customized drop pages would increase visibility and discoverability on the marketplace’s new homepage. Creators will now be able to share photographs and videos, provide team highlights, lay out roadmaps, and more under the customizable drop pages.
Key Highlights:
- The fourth blockchain, Arbitrum One, will be added to the marketplace by OpenSea.
- The launch date is September 21, 2022.
- The Solana NFT marketplace Magic Eden revealed ETH integration earlier this year.
Beginning on Wednesday, the market said in a tweet that creators could decide the costs of selling NFTs on the network. In addition, several collections presently minting on Arbitrum, including Smolverse, GMX Blueberry Club, and Diamond Pepes, will be supported, according to OpenSea.
What does OpenSea have to say on this?
NFTs minted on Ethereum, Polygon, Klaytn, and Solana are currently available through OpenSea. However, NFTs on Arbitrum have a cumulative volume of 9,722 ETH, which is small compared to Ethereum’s 23.5 million ETH lifetime NFT volume, according to statistics from NFT Scan. In addition, the network’s Merge, which was finished last Thursday, may have lessened the necessity for roll-ups like Arbitrum due to Ethereum’s development.
OpenSea expressed confidence in its ability to provide a different platform for creating and selling digital products by creators. In a tweet, OpenSea said, “This is a first step in building our goal of a Web3 future where people have access to the NFTs they want on the chains they prefer.”
