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OpenSea NFT Marketplace backs Optimism.

source-logo  thecoinrepublic.com 30 September 2022 01:50, UTC

On Tuesday, an American online non-fungible token marketplace, OpenSea, publicized that it has increased its offerings to add on projects developed on Ethereum layer-2 scaling solution called Optimism.

Optimism connects five current networks that are backed by the marketplace, including Ethereum, Solana, Polygon, Klatyn, and Arbitrum.

1/ We’re excited to share that @optimismFND🔴 is officially live on OpenSea!

We can’t wait to welcome and support the community of Optimists 🎉https://t.co/L42YjGSlHn

— OpenSea (@opensea) September 27, 2022

OpenSea has registered more than 100 Optimism-native NFT collections so far on its marketplace, from introducing similarities with the blockchain today.

In the announcement of a collaboration with Optimism, OpenSea particularly mentioned employing well-known Optimism-based projects such as Apetimism, Bored Town, MotorHeadz, and OptiChads.

2/ We’re now ready to onboard amazing collections like @apetimism, @boredtownnft, MotorHeadz by @jvmi_, and @optichads onto OpenSea!

After working with the @optimismFND🔴 team and several projects on the chain, we can’t wait to meet the rest of the community!

— OpenSea (@opensea) September 27, 2022

The author of every collection needs to approach their project on OpenSea to fix a custom creator charge for sales on the marketplace, as per the statement of the firm. Creators can now get up to 10% off each transaction of their work done on the site.

Trading volume

Before Tuesday, the wide bulk of Optimism NFT trading volume occurred on Optimism NFT marketplace Quix. Daily trading volume on Quix pales as compared to that on OpenSea, the leading NFT marketplace overall blockchains.

On Monday, according to a report from Dune Analytics, Quix witnessed about $26,000 in sales while OpenSea attained more than $9.9 million in trading volume. The top Optimism NFT projects, as per the trading volume, already have been Early Optimists, Apetimism, OptiChads, OptiPunks, and Optimism Quests. 

Previous Optimists dominates the board with about only $1,450 in sales today; in its whole life, the project has produced nearly $700,000 in sales, more than 2x the total volume of a different Optimism NFT project to date.

The total trading volume of Optimism NFTs still remained broadly constant since OpenSea started recording Optimism projects before Tuesday. At the same time, OpenSea has taken a hit in monthly trading volume from the all-over crypto downfall in May. Last month witnessed $310 million in sales, low about 93% from the all-time high of the marketplace that stood at $4.86 billion in December 2021. 

thecoinrepublic.com