OpenSea

OpenSea Lays Off 20% Staff, Economy Unsure: CEO
OpenSea Lays Off 20% Staff, Economy Unsure: CEO

OpenSea has laid off 20% of its total workforce. The announcement was met with mixed reactions from the community. Meanwhile, OpenSea has recorded $45.5 million in the last 7 days from the top 5 collections alone. Premier NFT marketplace OpenSea has laid off 20% of its total workforce, according to CEO Devin Finzer. Within the tweet, Finzer shared the message he sent to the entire OpenSea employee Discord channel. As part of the layoff, the company will give “generous” severance, healthcare insurance up to the end of the year, and more. Finzer stated that the “uncertain” global economy due to

OpenSea Boosts its NFT Marketplace Using Seaport Protocol
OpenSea Boosts its NFT Marketplace Using Seaport Protocol

OpenSea announced the new Web 3.0 marketplace protocol Seaport on May 20. Seaport features more safe and efficient transactions, bundled deals, a “tipping” system, and more. This optimization shows OpenSea’s determination to continue its market lead. Global decentralized app store DappRadar revealed in a tweet that OpenSea is optimizing its Web 3.0 NFT marketplace with Seaport protocol. In 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

Forbes Reveals Top NFT Marketplaces in 2022
Forbes Reveals Top NFT Marketplaces in 2022

An NFT marketplace is a digital platform for buying and selling NFTs. Some NFT marketplaces allow users to mint their own NFTs on the platform itself. Top NFT marketplaces include OpenSea, Rarible, NBA Top Shot, Binance, Nifty Gateway, and SuperRare. American business magazine company Forbes shared via tweet a list of top non-fungible token (NFT) marketplaces this year. In detail, the difference between an NFT marketplace usually varies from the system they own and how it operates. Also, according to the 2021 Market Report published by crypto data company Chainalysis, NFT has become more popular as the market has grown

Bored Ape Yacht Club Floor Price Reaches New ATH
Bored Ape Yacht Club Floor Price Reaches New ATH

Bored Ape Yacht Club NFT’s cheapest NFT is worth 152 ETH on OpenSea. Making a record for a new all-time high for its floor price. The floor price climbed more than 500% in value since September 1, 2021. The Bored Ape Yacht Club NFT collection has picked up a new all-time high for its floor price on Friday, April 29. The floor price of BAYC NFT is currently at 152.4 ETH ($432K at the time of writing), as per the data coming from the NFT marketplace OpenSea. According to the metrics from Coingecko, on September 1, 2021, BAYC’s floor price

Adobe Partners With Opensea NFT market place Opens
Adobe Partners With OpenSea to Launch NFT Verification on Photoshop

Adobe will add an NFT verification feature on some products. The initiative is in partnership with NFT marketplaces OpenSea, Rarible, and SuperRare. The Content Credentials feature will be available in beta version. Multimedia software developer Adobe revealed that it will be launching a feature that allows artists to add verifiable metadata to their creations. Called Content Credentials, the feature will be useful for authenticating digital artworks since they will function like non-fungible tokens (NFTs). In essence, Adobe has streamlined NFT art creation through its platform. The announcement read: “Users can now link their social media profiles and crypto wallet addresses

OpenSea NFTs Seeing Decline in Volume
OpenSea NFTs Seeing Decline in Volume Amid September Dump

Leading non-fungible token (NFT) marketplace OpenSea has witnessed a decline in the trade volume of digital assets sold on its platform.  As seen in the image above, only the top three NFTs, namely Loot, CryptoPunks, and Bored Ape Yacht Club have temporarily recovered. CrypToadz is also enjoying a green statistic as the 10th on the list. However, everything else is in the red. Nevertheless, OpenSea remains the top NFT marketplace, followed by the play-to-earn game Axie Infinity, according to DappRadar. The price and volume decline is also aligned with the recent crypto dump happening in September, which is widely known