Solana’s non-fungible tokens (NFTs) will probably be accessible for purchasing and promoting on OpenSea’s web site by April. The corporate signalled by way of a video on Twitter.
The launch date, nevertheless, is but to be revealed. Following Ethereum (ETH), Polygon (MATIC) and Klaytn (KLAY), Solana will turn into the fourth blockchain that OpenSea will help.
At the moment, Solana customers can solely commerce NFTs on Magic Eden, Solanart and SolSea, however the largest market for NFTs will probably be open as a brand new avenue for buying and selling subsequent month.
Transactions in OpenSea largely occur on Ethereum.
OpenSea efficiently raised $300 million in a funding spherical earlier this yr which took its valuation to $13 billion. Crypto VC Paradigm was among the many backers, and the fund was launched by Katie Haun, a former normal companion at a16z.
The NFT market has additionally launched a enterprise program of its personal. The concept behind it’s to spend money on startups and tasks concerned in NFTs.
In February, OpenSea moved to launch a enterprise program of its personal, with the concept of investing in startups and tasks throughout the NFT ecosystem. Social and gaming-focused tasks are additionally being deliberate by the agency.
Blockchain.Information reported in January that for the primary time, month-to-month NFT buying and selling quantity breached the $4 billion stage on OpenSea, in accordance with knowledge from market perception supplier Dune Analytics.
It represented a 20% surge from the earlier excessive of $3.4 billion hit in August 2021. Moreover, the report added that the entire gross sales on this market reached $25 billion in 2021.
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