The largest non-fungible token (NFT) marketplace by sales volume, Opensea, has announced a new “immersive and secure coining experience” by giving NFT creators the ability to showcase “collections with dedicated drop pages and greater discoverability” on Openseas new website. Moreover, the company also announced on Tuesday that the NFT market will soon support the Layer Two (L2) protocol Arbitrum.
Opensea Announces NFT Drop Improvements and Arbirtum L2 Support
Opensea has made a number of changes, and recently renewed the NFT market website. The NFT marketplace is the largest NFT platform by sales volume, as statistics show that Opensea has made $32.34 billion in sales over time. On September 19, the company announced that the marketplace is adding new features that aim to provide an “easier, safer and more immersive” new drop experience. Essentially, Opensea has added three features which include:
- Creators will soon be able to launch their collections with dedicated drop pages and greater discoverability on the (new) Opensea homepage.
- Collectors will now be able to stamp directly from an Opensea page.
- Drops on Opensea will have access to Seadrop, a new secure open source contract that powers the drops experience so creators don’t need to create custom smart contracts.
In addition, Opensea also has revealed The NFT market will support Arbitrum, the Ethereum-compatible layer two (L2) blockchain network. “We are pleased to share that Opensea will soon support Arbitrum,” Opensea said on Tuesday. “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,” the company added.
The plan is to launch Opensea’s Arbitrum support on September 21, and after the launch, “creators will have to find their collections in Opensea and set the creator fees directly,” Opensea explained. Opensea has opened up new blockchains as the marketplace has already integrated with Polygon and Solana.
More recently, NFT marketplace competitor Rarible announced integration with Immutable X, another Ethereum-compatible L2 scaling venture. Opensea’s latest addition follows the migration to Seaport, an open source Web3 marketplace protocol.
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What do you think about Opensea’s new features and the marketplace adding Arbitrum support on September 21st? Let us know what you think about this topic in the comments section below.
Jamie Redman
Jamie Redman is the news editor at Bitcoin.com News and a financial technology journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open source and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.
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