OpenSea launches new marketplace protocol dubbed 'Seaport'

Australia News News

OpenSea launches new marketplace protocol dubbed 'Seaport'
Australia Latest News,Australia Headlines
  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 53%

ICYMI: OpenSea launches new marketplace protocol dubbed ‘Seaport’

Users can now barter for NFTs using a combination of assets, as well as participate in collection bids.Popular NFT marketplace OpenSea just launched a new marketplace protocol to buy and sell NFTs.

The news, which was first made apparent by an address linked to OpenSea on Etherscan earlier Friday, was confirmed in aBidders who use Seaport can bundle different assets in exchange for an NFT, unlike now where only crypto can be exchanged for an NFT. For example,"say you own a 40 ETH doodle and you want a 100 ETH ape. You can offer your doodle NFT and 60 ETH," said Steven Zheng, director of research at The Block.

Other tools, like SudoSwap, which lets a user barter for NFTs, offer this type of functionality today. But this feature is now becoming native to OpenSea. Seaport will now also let people bid on specific traits from a collection. This is for cases whereby the bidder doesn't care what kind of NFT they get, as long as it features a trait they're looking for. For example, users who collect smiling NFTs can bid on any smiling Bored Ape from the collection."A fulfiller may include additional consideration items when fulfilling a listing as long as they do not “tip” more than the original offer," said the statement from OpenSea.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

TheBlock__ /  🏆 464. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dubai Couple Ties the Knot in the Metaverse – Metaverse Bitcoin NewsDubai Couple Ties the Knot in the Metaverse – Metaverse Bitcoin NewsAfter the wedding, the couple said they will use their own experience to help others tie the knot in the metaverse as well.
Read more »

Music Fans Rejoice as YellowHeart Protocol Is Set to Launch on Bittrex Global Starting Block – Sponsored Bitcoin NewsMusic Fans Rejoice as YellowHeart Protocol Is Set to Launch on Bittrex Global Starting Block – Sponsored Bitcoin NewsYellowHeart Protocol, an NFT platform poised to disrupt the ticketing and music industries, is set to launch its utility token, HRTS (pronounced
Read more »

OpenSea disables Bored Ape NFT amid legal case in SingaporeOpenSea disables Bored Ape NFT amid legal case in SingaporeThe Bored Ape NFT, worth at least $190,000, was blocked on OpenSea after a court injunction in Singapore over a loan deal gone bad.
Read more »

OpenSea Disables Bored Ape Trading Amidst Singapore Court CaseOpenSea Disables Bored Ape Trading Amidst Singapore Court CaseThe Bored Ape NFT has been deemed a digital asset in the landmark court case.
Read more »

Euphoria’s MUA’s Makeup Brand Is Finally Here!Euphoria’s MUA’s Makeup Brand Is Finally Here!Plus, all the new beauty launches you can’t miss this month.
Read more »



Render Time: 2025-02-25 02:44:58