Opensea has released an open beta for OS2, an improved NFT marketplace introducing a lower 0.5% fee on sales and eliminating token swap fees. It supports 14 blockchains and plans to issue the SEA token to reward users. CEO Devin Finzer emphasizes the update as a cultural shift toward decentralized operations alongside future enhancements.
Opensea has launched an open beta of OS2, a refreshed NFT marketplace designed to enhance user experience with lower fees and new features. The platform introduces a mere 0.5% fee on NFT sales while eliminating token swap fees altogether. This revamp also reopens access to previously locked items and delisted collections, steering away from excessive bans to embody the ethos of decentralized Web3.
OS2 supports an impressive array of 14 blockchains, including Flow, Apechain, Sony’s Sonetum, and Berachain, with aspirations to expand even further. The new platform facilitates seamless NFT purchases across these chains, promoting increased accessibility. CEO Devin Finzer emphasizes that this update caters specifically to collectors and professional traders, offering enhanced discovery tools and a cohesive interface for NFTs and tokens alike.
In an exciting move, the nonprofit Opensea Foundation is set to release the SEA token to appreciate and reward loyal users and creators, although exact distribution details remain under wraps. Acknowledging past critiques of the platform becoming too corporate, Finzer states that OS2 signifies a cultural shift towards more agile, crypto-focused operations.
Looking ahead, Finzer hints at forthcoming enhancements centered on creator tools, AI integration, and the tokenization of assets. The beta version is currently live for users at opensea.io/os2. This sweeping update emerges in the wake of significant internal restructuring, including team reductions, though Finzer has yet to provide a definite timeline for the full launch or the SEA token’s debut.
Opensea’s OS2 overhaul signifies a pivotal transformation in the NFT marketplace, featuring reduced fees, expanded blockchain support, and the introduction of the SEA token. With a clear focus on enhancing the experience for collectors and professional traders, the platform aims to embody the decentralized spirit of Web3 while addressing previous criticisms. The future looks promising with plans for advanced creator tools and functionalities yet to come.
Original Source: news.bitcoin.com
