OpenSea Pro Aims to Outshine Blur in NFT Sales

Share This Post

The forerunner in the world of NFT marketplacesOpenSea, announced on Tuesday that it’s diving into uncharted waters by launching OpenSea Pro. The unveiling of this upgrade comes as a response to the rise of its rival, Blur, which has been riding a wave of success over token rewards — despite wash trading concerns.

Quick Takes: 

  • OpenSea Pro debuts in response to Blur’s success. The new platforms offers professional trading tools, a 0% fee structure, and access to 170 marketplaces for “the best deals”.
  • Furthermore, it provides advanced features like floor sweeping, inventory management, gas fee  optimization, and mobile accessibility.
  • Following competition with Blur, the traditional OpenSea platform will continue focusing on tools and improvements for retail creators and traders.

Critical Advantages of OpenSea Pro 

Gem v2‘s expertise has aided in developing OpenSea Pro, OpenSea’s latest offering. The traditional marketplace version acquired Gem in April 2022 to introduce professional trading features to users.

Consequently, OpenSea Pro includes a 0% fee structure and draws listings from 170 secondary marketplaces. Therefore, the platform ensures only the best deals for its traders.

The professional version of the marketplace offers traders “floor sweeping”, inventory management, quick sales, gas fee optimization for more efficient transactions, a watchlist feature, and much more.

Moreover, to gain more customers, it’s offering an early access reward:

This new platform will also be easily accessible on mobile devices. Thus, users can make hassle-free and secure trades on the go.

Rivalry Between OpenSea and Blur 

The battle for NFT trading market share between Blur and OpenSea has continued since the zero-fee platform launched in October. This recently prompted OpenSea to lower fees and modify creator royalties to win back its target market.

Following the launch of OpenSea Pro, the platform revealed it would reinstate a 2.5% fee on its leading platform. Although, the older version of the marketplace will still focus on delivering tools and enhancements for retail creators and traders — like working on more collaborations, primary drops, and smart contract standards.

OpenSea will also continue implementing exciting features that make it easy for novice (and professional) traders to discover and buy NFTs with added benefits.

Although, whoever wants to graduate with professional experience can check out the newer platform on the block for added advantages.

Subscribe to the NFT Lately newsletter to receive news covering the latest NFT-related drops, releases, reviews and more.

spot_img

Related Posts

Void 2122 to Unlock a New Era of Combat Card Gaming with NFTs

The pioneering force in the Web3 landscape, Void 2122,...

Magic Eden Adopts Solana’s Compressed NFTs

Magin Eden, the distinguished NFT marketplace, recently announced its...

Friend.tech Returns With Surging NFT Trading Volumes

Friend.tech, the decentralized social media app, has shown an...

CoinMarketCap and HELLO Labs to Premiere TV Series, Killer Whales

An official trailer for the Web3 television series 'Killer...

Machi Proposes 11M $APE Sends NFTs to Museums Worldwide

An intriguing week-long vote surrounding OG NFTs kick-started today! Machi Big Brother,...

Related Posts

The History of Bitcoin NFTs – A Step-by-Step Timeline

With recent hype surrounding Casey Rodarmor's release of open-source...

The Ultimate Guide to NFT for Dummies [2022 Guide]

NFTs are collectible items that can represent digital content,...

Top 10 NFT Marketplaces to Look Out For and Why

How numerous NFT marketplaces make hunting for digital collectibles...

DeGods [ 2022 NFT Collection Review]

According to its description on OpenSea, DeGods is “a...

Bored Ape Yacht Club Review | 2023 Guide

An in-depth Bored Ape Yacht Club Review Guide. Everything you need to know about Bored Ape Yacht Club NFT Collection.

Yuga Labs Unveils Revolutionary HV-MTL NFT Collection

Yuga Labs launched the HV-MTL NFT collection of 30,000...