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OpenSea Launches Web3 NFT ‘Seaport’ Marketplace

Crptoz by Crptoz
May 21, 2022
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Ethereum DeFi Exchange Curve Suffers Frontend Attack: Report – Decrypt

Ethereum DeFi Exchange Curve Suffers Frontend Hack – Decrypt



OpenC on Friday launched its latest NFT marketplace ‘Seaport’, which offers multiple ways to complete listings.

The market will provide users with innovative ways to buy and sell NFTs, including the ability for bidders to pay for NFTs using various assets instead of just crypto.

In its blog post, OpenC says that each port list will include the same basic structure, including an improved EIP-712 signature payload, which outlines what can be spent and what will be received back.

Merchants will be allowed to specify any given NFT, or the portion of the collection that the individual prefers when making an offer. Post wise tipping will also be allowed, as long as it does not exceed the basic NFT offer.

“As adoption grows and developers create new evolving use-cases, we are all responsible for keeping each other safe,” OpenSea said. build upon.

OpenZeppelin also conducted a security audit of the protocol in addition to Trail of Bits, which stated that there were no major vulnerabilities at the time.

I ngl… I couldn’t even figure out what it does.

Is it basically just an opensource marketplace that enables barter and/or more customization through community development?

— nfqts.eth (@nf_qts) 20 May 2022

However, the recent announcement of OpenSea has been completed mixed feelings On Crypto Twitter, some expressed confusion about how the concept would work, while others referred to the 0x v4 protocol, which offers a similar value proposition with its NFT swaps.

OpenSea has been forced to intensify its quest for dominance in the NFT space, improving its features, as well as expanding to other blockchain networks such as Solana.

It also recently bought NFT marketplace place aggregator, Gem, to help improve the experience of its users.

Magic Eden dominates daily trading OpenC

According to DappRadar, Magic Eden, the leading NFT marketplace in the Solana ecosystem, has seen its daily transaction count top OpenSea’s.

While OpenSea’s numbers exceed that of its Solana-based rival, analyzing the percentage growth of both reveals Magic Eden’s dominance.

OpenSea saw its trading volume drop by more than 47% to $245 million, while Magic Eden saw its volume increase by more than 10% to $70.9 million.

However, the number of unique smart contracts interacting with smart contracts on both shows that OpenSea has the edge. In fact, OpenSea registered a growth of nearly 9 percent over the past seven days to more than 120,000 new users, while Magic Eden saw a 6 percent increase to 129,000 new users.

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