OpenSea has recently launched a new platform called “OpenSea Pro”. It is a rebranding of their existing product – Gem v2. This move comes in response to the intense competition from their rival Blur, as OpenSea aims to capture the attention of professional traders.
OpenSea Pro is an NFT marketplace aggregator that offers pro collectors a new level of optionality, selection, and control. With a suite of improved features, OpenSea Pro enables collectors to discover the best deals and insights across 170 marketplaces and access sophisticated tools that meet their need for automation.
Features of OpenSea Pro
One of the most exciting new features of OpenSea Pro is live cross-marketplace data. It allows collectors to discover user and collection activity across NFT marketplaces in real-time. This data is updated for trending, mints, and collection pages within seconds.
OpenSea Pro also offers advanced orders, which give collectors more control over their purchases, trait collection offers, and listings. With the ability to set orders based on maximum item price, item amount, traits, and more, OpenSea Pro offers the deepest liquidity of any NFT marketplace aggregator.
In addition, OpenSea Pro offers powerful inventory management, allowing collectors to effortlessly buy, sell, and manage items across marketplaces while tracking analytics at the wallet, collection, and item levels. OpenSea Pro aggregates every type of offer on your items from marketplaces across the space, allowing you to sell them for the best prices available.
OpenSea Pro also uses the most gas-optimized smart contracts of any NFT aggregator. It is currently the most efficient place to purchase items across marketplaces. Meanwhile, the OpenSea Pro web app is fully optimized for mobile devices. Now, collectors can browse, sweep, and list straight from their phones.
Blur Making Change in the NFT Market
OpenSea has been the leading NFT marketplace for creators and traders since the boom in 2021. However, the emergence of a new rival, Blur, is challenging OpenSea’s dominance. It is forcing the company to stir up new features to retain its historical supremacy.
Furthermore, Blur’s presence is steadily growing since its launch last year. The upstart marketplace is also significantly boosting NFT sales in the first quarter of this year. However, it wasn’t until its token launch on February 14 that activity on the platform skyrocketed. It propelled Blur to emerge as a legitimate contender for the title of NFT marketplace leader. In February, it even surpassed OpenSea in NFT trades on Ethereum.
To compete with Blur, OpenSea removed its 2.5% fee on sales and cut down creator royalty protections for a brief period. These actions were taken to attract more users to the platform and maintain its position as the leading NFT marketplace.
What is Blur NFT Marketplace (BLUR)
Blur is a decentralized pro-NFT marketplace and aggregator that is governed by BLUR holders. The platform has been specifically designed to handle high loads, allowing for unmatched speed and advanced features such as real-time data feeds, charts, bulk listing and buying tools, and portfolio management.
Conclusion
Guys, NFT is once again taking the spotlight in the crypto market. Even Trump’s Criminal Trading Cards are making the market crazy. Learn more about it here! In the meantime, check out our MEXC trading page and find out what we have to offer! Do not miss out on the golden window. You can learn more about crypto industry news and interesting articles to get you up to speed with the crypto world. Happy trading!
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