OpenSea Pro Launches

There's a newish NFT Marketplace in town

Author

Gannon Breslin
April 05, 2023

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Here is the breakdown of today's newsletter:

🚀 OpenSea Pro Ships Out📈 AI thread

  • The 3,333 KodaPendants, an Otherside Relic by Gucci will be available for purchase for 450 Apecoin $APE on April 6th. (@Othersidemeta)

  • Open Sea absorbs Gem to create Open Sea Pro! They also opened a free mint claim for people who have used gem in the past. The collection has already traded 800ETH. (@OpenSeaPro)

  • Mars Wrigley recently filed a patent for "Juicyverse", as well as new virtual and physical candies. (@KondoudisLaw)

  • New AI is able to quickly detect copycat NFTs. (CT)

  • Dogecoin pumps after Elon changes the Twitter logo to the classic shiba. (R)

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OpenSea Pro Launch 🔥

There is no question that over the past several month's Blur's NFT marketplace has put incredible amounts of pressure on OpenSea. For true NFT traders looking to buy in and out of positions with quickness and efficiency Blur was the marketplace to do it, until possibly now.

OpenSea has launched OpenSea Pro, a new advanced marketplace for professional non-fungible token (NFT) traders. The platform will operate with 0% fees and offer advanced trading tools such as "floor sweeping," instant sales, and inventory management. OpenSea Pro aims to compete with rival NFT marketplace Blur and will be available on mobile devices along with aggregating data from over 170 marketplaces.

Another thing mentioned by OpenSea that has many people buzzing is a tweet that stated:"And we’re not forgetting about community rewards. We’re charting a different course by featuring NFTs as rewards"

Could possibly OpenSea be looking to drop a token? Who knows - what we do know the volume has already seen a noticeable boost in the past couple of days.

The NFT marketplace wars rage on and we will be sitting here with our popcorn watching on 😊 

Not NFT related directly but we will see AI creep more and more into projects very soon so it's worth mentioning.

Sponsored Content: There is no sponsored content in this newsletter.

That's all for today's issue! Thanks for reading this far and also make sure to give our Twitter a follow daily for breaking NFT/web3 news! (@TheDropNFT)

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Disclaimer: The Drop DOES NOT provide financial advice. All content is for informational purposes only. The Drop is not a registered investment, legal, or tax advisor or a broker/dealer. Trading any crypto-related asset is extremely risky and could result in significant capital losses.