Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

The OpenSea NFT Marketplace supports Optimism blockchian

The OpenSea NFT Marketplace supports Optimism blockchian

OpenSea, an NFT marketplace, said on Tuesday that it has added projects built on Optimism, an Ethereum layer-2 scaling solution, to its list of things to sell.

The marketplace already supports five other networks: Ethereum, Solana, Polygon, Klatyn, and, as of last week, another Ethereum scaler called Arbitrum. Optimism is the sixth one.

OpenSea has already put more than 100 Optimism-native NFT collections on its marketplace since it started working with blockchains today.

When OpenSea announced its partnership with Optimism, it made a point of mentioning the projects Apetimism, Bored Town, MotorHeadz, and OptiChads, which have a lot of fans.

The company says that each collection’s author must access their project on OpenSea to set a custom creator fee for sales on the marketplace. When their work is sold on the site, creators can get up to 10% of the payment.

Up until Tuesday, the vast majority of Optimism NFT trading took place on the Quix exchange. OpenSea, which is the largest market for non-fungible tokens (NFTs) across all blockchains, does many more trades every day than Quix.

Dune Analytics says that Quix sold $26,000 worth of goods on Monday, while OpenSea sold more than $9.9 million worth of goods during the same time.

So far, the most traded Optimism NFT projects have been Early Optimists, Apetimism, OptiChads, OptiPunks, and Optimism Quests. Early Optimists is at the top of the board with just $1,450 in sales. In its lifetime, the project has made about $700,000 in sales, which is more than twice as much as any other Optimism NFT project to date.

But since OpenSea began listing Optimism projects on Tuesday morning, the overall trading volume of Optimism NFTs hasn’t changed much.

Since May, when the crypto market as a whole went down, OpenSea’s monthly trading volume has gone down. Last month’s sales were $310 million, which is 93% less than the all-time high of $4.86 billion in December 2021, when the market was at its best.

Latest NFT News, Trendings and Tutorials, right in your inbox, every Monday

IMPORTANT DISCLAIMER: All content provided here in our website, hyperlinked sites, social media accounts and other platforms are for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them.

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *