OpenSea, the world’s largest NFT market by trading volume, said in a statement Tuesday. cryptocurrency network that plans to support Arbitrum, and that the creators Ethereum He stated that he would allow them to list the NFTs produced in his roll-up.
The marketplace in question said that starting Wednesday, creators will be able to set fees associated with selling NFTs on the network.
OpenSea said it plans to support several collections already minted on Arbitrum, including Smolverse, GMX Blueberry Club, and Diamond Pepes.
OpenSea Has Recently Incorporated Multiple Cryptocurrency Networks
OpenSea currently offers NFTs printed on Ethereum, Polygon, Klaytn and Solana. According to NFT Scan’s data, the total volume of NFTs in Arbitrum is 9,722 ETH, which is quite low compared to the total NFT volume of approximately 23.5 million ETH in Ethereum.
With the network Merge transaction completed last Thursday, Ethereum’s development could reduce the need for roll-ups like Arbitrum to increase speed and cut costs.
OpenSea said it is optimistic about its ability to offer another platform where creators can mine and sell digital assets. “This is the first step towards building our goal of a web3 future where people can access the NFTs they want on their preferred chains,” the company said in a tweet.
As it is known, ETH has recently switched from the Proof of Work mechanism to the Proof of Stake mechanism, and this situation has made a lot of noise. For now, it may be possible to say that this change has negative effects on the price of Ethereum.
*Not investment advice.
For exclusive news, analytics and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android and iOS Start live price tracking right now by downloading our apps!