NFT marketplace OpenSea on Thursday launched OS2, a major overhaul of its platform that expands beyond NFTs into token trading.
With OS2, OpenSea aims to offer a unified marketplace for digital assets, integrating cross-chain purchasing, aggregated liquidity, and lower fees.
The OpenSea Foundation has also announced $SEA, a new token designed to engage and reward users within the NFT and crypto ecosystem.
What Happened: “This represents an expansion of OpenSea from an NFT marketplace to a much broader platform for trading all types of digital assets,” said Devin Finzer, CEO and co-founder of OpenSea. “Tokens and NFTs belong together in a single, powerful, delightful experience.”
OpenSea describes OS2 as a ground-up rebuild, bringing enhanced functionality, faster performance, and a redesigned user experience.
Some of the most significant updates include NFT and token trading in one platform, allowing users to trade ERC-20 tokens alongside NFTs with access to liquidity from third-party aggregators.
Cross-chain purchasing …
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