New OpenSea version is getting ready to launch in December
Date: 2024-11-05 Author: Henry Casey Categories: CRYPTO PAYMENTS
This was announced by the head of the project Devin Finzer, noting that the new version promises significant improvements.
The OpenSea team has been working on the updated platform for a long time. According to Finzer, in order to create a truly innovative platform, the developers had to go back to the basics and completely rethink the project. “We will launch the new OpenSea in December. The platform is ready to offer users a new level of functionality,” he emphasized.
The developers have not yet disclosed all the details, but a waiting list has already been opened for users who want to be the first to test the updated version. The main expectations from the new platform include expanded capabilities for issuing and trading NFTs, as well as improved mechanisms for protecting against fake collections and cases of price manipulation.
OpenSea 2.0 was initially announced in January 2024. At that time, the developers emphasized that the new version would offer users not only standard functions for working with NFTs, but also features such as purchasing NFT tickets for pre-agreed events. In addition, the team promised to implement advanced tools for identifying counterfeits and artificially inflated prices (wash trading).
Despite user expectations, it is still unknown to what extent all these functions will be implemented in the December release. Users also showed interest in the project, asking about the fate of OpenSea Pro, a version of the marketplace for professional traders released in April 2024. However, the developers have not yet commented on how they plan to combine OpenSea Pro with the new version.
The release of the new version of OpenSea comes amid a decline in interest in the NFT market. According to DappRadar, in September 2024, sales in the NFT sector fell to their lowest levels since 2021. On the OpenSea platform itself, trading volume has fallen by more than 23% in the last month.
Despite the downturn, some experts, like graphic designer Mike Winkelman, believe the NFT sector is set to be reinvented and that NFTs could take on a place as certified documents of authenticity for digital works of art.
