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OpenSea allows bulk NFT listings
OpenSea, the NFT exchange, announced in tweets on October 5 that the platform will officially allow its users to bulk list and buy up to 30 NFTs in one go. best.
We’re officially live with bulk listing and buying! 🛒
You can now list and buy up to 30 items in a single flow on OpenSea.
Let’s walk through what this experience looks like in this 🧵— OpenSea (@opensea) October 5, 2022
In the case of bulk purchases, OpenSea allows users to add up to 30 NFTs from the same blockchain to their cart before completing their purchase in a single transaction, reducing costs associated with fees. gas and allows the process to be more convenient and streamlined. The company explains:
“In your cart tab, you can access the listings by clicking the ‘+’ icon when you hover over the item tag, or by clicking ‘for sale’ in the ‘Customize’ drop-down menu. choose another’. You will then be able to select up to 30 items at once.”
Updates from previous OpenSea
In September, OpenSea launched a new initiative allowing creators to launch their NFT collections on their own dedicated and customizable pages, with the hope that this will allow higher visibility and discoverability on the new marketplace homepage.
In the same month, global music and entertainment company Warner Music Group (WMG) announced a partnership with OpenSea to provide a platform for music artists to build and expand communities of music fans. theirs to Web3.
At this point in time trading volume on OpenSea has plummeted, with a large drop in daily and monthly transactions on the platform, so innovation is needed.
OpenSea switched from processing $405.75 million worth of transactions on May 1 to only handling $5 million worth of NFT transactions on August 28.
>>> Related: OpenSea NFT Marketplace supports Arbitrum for new collection
