Opensea – Leading NFT Marketplace, Expands Seaport Deployment to Support Polygon
OpenSea, the number one NFT marketplace by volume, announced today the integration of the layer 2 scaling solution Polygon into its Seaport protocol implementation.
Recently, the market’s number one NFT Platform announced an expansion of its Seaport implementation to support Polygon and a host of new features from the popular sidechain.
“After several months of observing Seaport’s impact and collecting valuable feedback, we’re excited to introduce Polygon support,(…). In the coming months, we will be adding support for Klaytn and other EVM-compatible chains as well.”OpenSea said in a blog post
OpenSea announced in June that it was abandoning the Wyvern protocol in favor of Seaport, an open-source marketplace protocol that has been examined by Web3 security companies OpenZeppelin and Trail of Bits. At the time, this platform claimed switching to OpenSea would result in annual fee savings of $460 million.
The modification was made in an effort to reduce the cost of Ethereum gas, simplify the reading of signature confirmation operations, and do away with the requirement that new users pay an account setup or initialization charge.
The number one NFT marketplace says using Seaport on Polygon enables the launching of several new features on Polygon, including collection and attribute offers, no listing thresholds, Multiple creator payouts, and bulk transfers.
Perhaps the most important new feature is the ability to use the native token of the Polygon network, MATIC, to list and buy on OpenSea.
As part of the shift to Seaport, OpenSea now supports using MATIC, Polygon’s native token, as a payment option. Anyone transacting on Polygon using OpenSea will now be required to pay for their own gas fees for transacting using MATIC.The blog post said
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