OpenSea Pro released on Polygon
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In order to achieve cross-chain compatibility, the market NFT famous Open Ocean Pro Announcing launch on Polygon network [MATIC]according to a Nov. 2 post.
Users can now buy, send, withdraw and list NFTs from the Polygon network on one of the largest NFT aggregators.
1/ OpenSea Pro is now online @0xpolygon! 🟣
Windo chain? Now. OpenSea Pro just became the premier destination for buying, selling, and listing NFTs across marketplaces and blockchains!
Find your favorite collections on Ethereum and Polygon 👉 https://t.co/oYtdhiw69x pic.twitter.com/OYPbwNf7EJ
— OpenSea Pro (@openseapro) November 2, 2023
New features for OpenSea customers
OpenSea’s dashboard has a feature that allows consumers to Ethereum [ETH] and Polygon to create their go-to chain. The user experience also allows for seamless switching between the two or even accessing both simultaneously.
OpenSea also announced the implementation of bridging and switching capabilities. The new functionality supported by the Socket interoperability protocol will help users achieve two goals. Not only can they connect tokens to other chains, they can also exchange tokens to different chains in one transaction.
Is this a good move?
Turning to Polygon after the NFT market Binance [BNB] Stopped listing Polygon NFTs on its platform. The big move is said to be down to the market’s efforts to “simplify product offerings.”
However, OpenSea Pro’s strategy may be well thought out and stems from Polygon NFT’s recent performance. According to Messari’s report, the average weekly NFT trading volume in the third quarter increased by 131% quarter-on-quarter.
The competition in the NFT market is fierce
Only time will tell whether OpenSea’s bet on Polygon will pay off well.Recall that OpenSea Pro was launched to serve professional NFT traders in response to the growing popularity of Blur [BLUR].
According to Dune’s dashboard, as of this writing, OpenSea is the largest NFT marketplace in terms of sales. OpenSea holds 48% of the market share, followed by Blur with 40%. OpenSea Pro ranks third with 8.2%.
However, by catering to professional traders, Blur leads the market in terms of sales. Its proportion is as high as 67%.
information Bitcoin Synthetic.
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