The leading marketplace for non-fungible tokens, OpenSea, introduced assist for polygon on Seaport.
NFT marketplace giant OpenSea introduced help for the layer-2 blockchain Polygon on its new Web 3 protocol Seaport. The integration comes with an expanded listing of features, together with the ability for customers to use Polygon’s MATIC as a payment option.
In a blog post on Tuesday (August 30, 2022), OpenSea mentioned that the migration of Polygon to Seaport, with the blockchain formerly powered by the Ox protocol, will allow more options for robust buying and promoting experience using Polygon.
Some of the added features include bulk transfers, a number of creator charges, the absence of itemizing thresholds, and the ability to list and transact using Polygon’s native token, MATIC.
“As a part of the shift to Seaport, OpenSea now helps utilizing MATIC, Polygon’s native token, as a fee choice. Anybody transacting on Polygon using OpenSea will now be required to pay for their very own gas fees for transacting using MATIC.”
In June, the NFT marketplace giant revealed that it was shifting to Seaport for cheaper transactions. In accordance with OpenSea at the time, users will save around 35% on fuel with Seaport. Also, new accounts will no longer pay a one-time setup fee.
OpenSea can also be trying so as to add assist for Klaytn and Ethereum Virtual Machine (EVM) compatible blockchains. An excerpt from the announcement reads:
“After a number of months of observing Seaport’s impact and collecting valuable suggestions, we’re excited to introduce Polygon support on Seaport. In the coming months, we will be including support for Klaytn and other EVM-compatible chains as effectively.”
In the meantime, the ongoing crypto winter and the collapse in NFT costs have affected OpenSea. As previously reported by CryptoPotato, data from DappRadar confirmed that the platform’s trading volume plummeted 99% from its peak in May.