NFT: Opensea puts user experience first: Arbitrum joins its ranks

Full speed aheadOffshore unveil new features relating to the drops of NFTs and the integration ofArbitration for the benefit of creators and collectors.

An improved NFT interface comes down to OpenSea

Offshore removes some commercial and technical barriers related to NFT drops. In a Sept. 19 press release, the platform informed the creators of a new initiative. This innovation allows them to offer a better user experience when it comes to distributing their NFTs to collectors.

The creators will have a dedicated and customizable drop page to launch their NFTs. They will have the opportunity to share images, videos, introduce their team or even detail their roadmap.

Dedicated and customizable NFT release page launched by OpenSea – Source: OpenSea

These pages will also contain release information, for example “minting calendar, a countdown timer and, of course, an NFT gallery”. As for collectors, the new drop pages will allow them to set up email alerts. They will thus avoid missing an important minting date.

OpenSea thus makes new marketing and commercial tools available to creators to optimize their sales. But the platform goes further to attract talent.

She offers them a new smart contract secure open source named after “Drop of the Sea”. This saves creators the complex technical steps involved in creating their own customized contracts, for example, to perform multi-phase deliveries.

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Arbitrum NFTs enter a bearish scenario

After Ethereum (ETH), Solana (G), Polygon (MATIC) and Klaytn (KLAY), the ship sails on new waters. In a Sept. 20 tweet, OpenSea announced theArbitration integrationthe second tier solution of Ethereum, to its platform.

OpenSea Announces Arbitrum Integration – Source: Chirping

The integration was scheduled for the following day, 21 September. A deployment that should initially see the arrival of popular collections, such as NFT Smolverse, GMX Blueberry Club and Diamond Pepes.

A large platform thus opens its doors to NFTs hosted on Arbitrum. Currently they are mostly exhibited on relatively small markets, such as Stratos and Agora. OpenSea could benefit from the arrival of some NFTs on Arbitrum, which register high trading volumes.

Collections, such as Seed of Life, whose total trading volumes exceeded $11 million, could help the platform reverse its performance in the near term, in the current bearish environment.

Monthly NFT trading volume on OpenSea
Monthly NFT trading volume on OpenSea – Source: Dune Analytics

Indeed, OpenSea has seen its share monthly trading volumes decrease significantly recently. January’s record high of $4.8 billion this year now seems a long way off. The volumes of September they returned to very low levels which correspond to those of summer 2021.

OpenSea continues to move forward. It’s the only way to stay one step ahead of the competition. The platform is feeling the effects of the decline in volumes traded in the sector. However, the context should improve, in the words of this NFT maximalist.

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