php editor Xigua brings you the latest OpenSea Pro feature introduction. OpenSea Pro is an NFT trading platform that has recently launched a series of exciting new features. The first is zero transaction fees, users can trade on OpenSea Pro without paying any handling fees. In addition, OpenSea Pro also provides the function of receiving NFT for free. Users can obtain free NFT by participating in specific activities or completing tasks. In addition, OpenSea Pro has more new features waiting for you to explore, come and experience it!
NFT trading market rankings experienced a big reversal at the beginning of the year, and the emerging project Blur launched the token BLUR Later, it received widespread attention from the market. As time goes by, Blur’s trading volume continues to grow, even surpassing the NFT trading market leader OpenSea, becoming this year’s biggest dark horse.
According to data from the survey platform DappRadar, the NFT market has experienced explosive growth since February this year. Total transaction volume exceeded $2 billion, an increase of 117% from January. The craze continued in March, with transaction volume approaching US$2 billion. In the market, most of the trading volume comes from the Blur platform.
The emergence of Blur has had a major impact on the NFT market position, and also has an impact on OpenSea's strategy, which in turn triggered this NFT platform competition. In order to re-attract users and regain market share from competitor Blur, OpenSea recently announced that Gem v2 will be renamed "OpenSea Pro", a move that caused mixed reactions from the community.
Faced with the competition from the dark horse Blur in the market, OpenSea, the former NFT market leader, adopted a new strategy to deal with it. Yesterday (5th), OpenSea announced the launch of OpenSea Pro. This upgraded version will provide more powerful trading tools and does not charge any transaction fees at this stage.
OpenSea Pro is a renamed and upgraded version of Gem V2, the NFT aggregator owned by OpenSea. With the Gem acquisition in April 2022, OpenSea aims to enhance the trading experience for experienced NFT collectors. Gem allows users to purchase multiple NFTs in one transaction, thereby reducing users’ transaction costs and meeting the purchasing needs of giant whales. This is seen as a response strategy to growing competitor Blur.
The rise of Blur is mainly due to its token reward mechanism. Although OpenSea does not have a token and will not operate in the same way, OpenSea Pro users will enjoy other forms of rewards.
OpenSea announces the Gemesis NFT series to thank past support for Gem. All users who purchase NFT using Gem before March 31, 2023 will receive the opportunity to mint 1 Gemesis NFT for free. According to OpenSea’s official description, the “level” of a user’s Gemesis NFT will depend on how long ago they became a Gem user. Users who become Gem users sooner will receive higher-level Gemesis NFTs.
In addition, OpenSea also mentioned that it is currently planning to use NFT as a "community reward". In other words, there may be new series besides Gemesis NFT appearing in the future.
Faced with the rise of competitor Blur, OpenSea announced a few months ago that in order to follow the market trend, the platform will cancel the 2.5% transaction fee that it has adhered to in the past. During the launch of OpenSea Pro, OpenSea will restore the original transaction fees, but the Pro platform will serve users in a "0 transaction fee" model at this stage.
In addition to a more convenient and friendly trading experience and free NFTs for old users, the official video also emphasizes that OpenSea Pro has different functions such as ultra-fast NFT real-time data updates and powerful inventory management. Provide users with advanced needs.
Although OpenSea lost to market newcomer Blur in terms of transaction volume in this NFT "King Showdown", when it comes to the number of users, OpenSea still has many more active users than Blur. According to Dune Blockchain data, OpenSea had nearly 91,000 Ethereum wallets in the past week, while Blur had only about 41,000.
Many users expressed that they are quite excited about the new platform and believe that it will improve users’ NFT trading experience. Some users also said that they originally liked using Gem as an NFT platform, but now they like it even more because of OpenSea's various offers.
However, not everyone is happy with OpenSea’s new upgrade. Some people think that this new NFT market cannot change the current situation at all; another user said that the new platform looks more like a "trading tool", but he believes that the essence of NFT should be related to art or artists.
In addition to their opinions on the platform, many users are also looking forward to the NFT market war between OpenSea and Blur. How will it develop in the end? Some users also tagged Blur on Twitter to see what they will do. How to respond. NFT strategist Hunter Solaire said that this NFT duel will lead the market to more innovation and progress.
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