OpenSea’s New Marketplace Protocol Could Become ‘Uniswap Moment’ of NFTs - Aliens: AI Crypto News & Markets Updates
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OpenSea’s New Marketplace Protocol Could Become ‘Uniswap Moment’ of NFTs

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Cryptonews

Mon, May 23, 2022

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The popular non-fungible token ( NFT ) marketplace OpenSea has unveiled a new protocol that allows anyone to set up new and decentralized NFT marketplaces.

And judging from some members of the community, the protocol could become the “Uniswap moment” of NFTs. OpenSea said that the first iteration of the new protocol, dubbed Seaport, has already been created by OpenSea itself, but stressed that it is open for anyone to build on.

The same user also went into more depth on how the new protocol will function, explaining that it will open up for more advanced functions like trading one NFT for another and setting specific criteria for who can take the other side of the trade.

____ Learn more: - OpenSea Now Supports Solana NFTs in Beta - OpenSea Boosts Valuation 9X as This NFT Giant Sets Four Strategic Goals - OpenSea's Trading Volume Remains in a Downtrend Amid Recent Attacks - Removing LooksRare's USD 8.3B in Wash-Trades, OpenSea is Still the Dominant NFT Marketplace - Decentralization Debate Heats Up Again as MetaMask, OpenSea Block Users - Another Expensive NFT Gets Mistakenly Sold at Large Discount - How Does That Happen?

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