OpenSea, the world's largest NFT marketplace, has launched a new marketplace and aggregator aimed at professional NFT traders. The new platform, OpenSea Pro, is designed to compete with other zero-fee NFT platforms like Blur and offers a range of features specifically tailored for professional traders. OpenSea Pro is a rebranded version of the NFT aggregator Gem v2, which OpenSea acquired in April 2022. Creator fees for the main OpenSea platform will be set at 2.5%, while Pro users will be able to trade with zero fees.
The launch of OpenSea Pro underscores the growing importance of NFTs in the art and collectibles markets. With NFT sales reaching new heights in recent months, platforms like OpenSea are racing to capture a share of this fast-growing market. OpenSea's new Pro platform offers a range of features designed to meet the needs of professional NFT traders, including advanced analytics tools, customizable dashboards, and support for a wide range of blockchain networks. The platform also offers access to a large network of liquidity providers, making it easy for users to buy and sell NFTs with ease.
OpenSea's new Pro platform is likely to appeal to a wide range of users, including traders, investors, and collectors. With zero fees for Pro users, OpenSea is hoping to attract high-volume traders who are looking to reduce their trading costs. The platform's advanced analytics tools and customizable dashboards make it easy for users to track their NFT holdings and monitor market trends, while the large network of liquidity providers ensures that users can always find the best prices for their NFTs.
Overall, OpenSea's new Pro platform is a welcome addition to the fast-growing NFT market. With its advanced features and zero fees for Pro users, the platform is likely to attract a large number of professional traders and investors. As the NFT market continues to grow and evolve, platforms like OpenSea will play an increasingly important role in connecting buyers and sellers and providing the tools and resources needed to trade NFTs with confidence.
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