OpenSea Introduces “Deals” Feature for NFTs
OpenSea, the non-fungible token (NFT) marketplace, has announced the launch of a new feature called “Deals.” This feature allows collectors to directly trade their NFTs with each other and also includes the ability to add wrapped ether (WE) to sweeten the deal. OpenSea stated that this new feature is powered by their native NFT protocol, Seapor.
Key points:
- The Deals feature enables peer-to-peer NFT swapping, eliminating the need for intermediaries.
- OpenSea aims to make the NFT swapping process trustworthy by preventing scam attempts from “sketchy Ds and websites.”
- Users can enter the username, ENS name, or wallet address of the person they want to make a deal with.
- Up to 30 NFTs can be selected for the trade, along with the desired amount of wrapped ether.
- Both sides of the deal need to have their NFTs on the same chain and from verified collections.
OpenSea is currently not charging any fees for Deals, and creators do not receive royalties for these trades. The user who accepts the deal will be responsible for any gas fees required for the transfers.
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Hot Take
OpenSea’s introduction of the “Deals” feature is a significant step towards enhancing the user experience and promoting direct interaction among NFT collectors. By providing a secure and transparent platform for NFT swapping, OpenSea aims to solidify its position in the competitive NFT marketplace industry.
