OpenSea Introduces Polygon Support on Seaport


OpenSea, the NFT marketplace giant, announced support for layer-2 blockchain Polygon in its Web 3 protocol Seaport. This integration includes a broader range of features, such as the possibility to use Polygon’s MATIC for payment.
OpenSea announced Tuesday, August 30, 2022, that it will support MATIC, Polygon’s native token as a payment option, in a blog post. OpenSea users who transact on Polygon will be responsible for paying their gas fees to use MATIC.
The NFT marketplace giant announced in June that it would be moving to Seaport for more affordable transactions. OpenSea stated that users will be able to save approximately 35% on gas using Seaport. OpenSea also announced that new accounts won’t have to pay a setup fee. OpenSea plans to support Klaytn (EVM) compatible Blockchains. The announcement includes the following excerpt: “After many months of monitoring Seaport’s impact, and gathering valuable feedback, it’s exciting to announce Polygon support on Seaport. We will also be supporting Klaytn, and other EVM-compatible chains in the coming months.”
OpenSea has been affected by the crypto winter and the fall in NFT prices. CryptoPotato reported previously that DappRadar data showed that OpenSea’s trading volume dropped 99% since May’s peak.

CryptoPotato’s first article, OpenSea Offers Polygon Support for Seaport, appeared first on CryptoPotato.

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