Global decentralized app store DappRadar revealed in a tweet that OpenSea is optimizing its Web 3.0 NFT marketplace with Seaport protocol.
Read CRYPTONEWSLAND onIn the news blog, OpenSea announced its Web 3.0 NFT marketplace protocol Seaport last weekend. Seaport is an open-source protocol with decentralization and flexibility at its core, seeking to equip all builders, creators, and collectors of NFTs.
OpenSea is the first and largest NFT marketplace in terms of transaction volume. The NFT marketplace currently has a growing transaction volume of $30.49 billion, as per DappRadar. They are seeking to keep their lead in the industry with their Amazon-like platform by introducing Seaport.
Seaport deploys smart contracts that authorize users to set specific transaction terms for NFT trading, rather than OpenSea being just a medium between buyers and sellers. With Seaport, sellers are allowed to list any number of NFTs at once (bundled transactions), which validates the elimination of redundant transfers. Additional features also include a “tipping” mechanism, where sellers are permitted to add items when fulfilling a listing.
In the announcement, OpenSea pointed out that Seaport was established with aim that it set a foundation for most of the innovative market participants. With its Web 3.0 marketplace-friendly open-source protocol, OpenSea could develop the groundwork for the future of NFTs.
CYBRO's distinct approach as a yield #marketplace gives it an edge, and with the #bullrun…
Experts have singled out #BlastUp, #OP, and #APT as noteworthy #altcoins for #investors to keep…
The real excitement is centered on #CYBRO, a unique earn marketplace tapping into the native…
The clear standout for high potential is #BlastUP, primarily due to its innovative concept and…
Bitcoin (BTC) and Ethereum (ETH) have both experienced a significant drop, falling over 5%. Amidst…
🚀 Altcoin Potential: Ethereum, Helium, Shiba Inu Rising in May! 📈 Discover the bullish trajectories…