2024-04-06
Blast NFT has now made its way into the market, offering users the opportunity to buy, sell, or bid on these unique digital assets.
OpenSea took to Twitter to announce the launch of Blast NFT on the L2 network. Now, users can buy, sell, or bid on Blast NFT directly on OpenSea's platform.
Opensea Blast Announcement on Twitter ( X)
By using WETH to bid, users will automatically receive Blast points, according to Blast's statement. This move not only expands OpenSea's offerings but also integrates the L2 network, marking a significant milestone.
The goal of this introduction is to enhance user transactions on the platform, encouraging more people to participate in the bidding process due to the incentivization provided by Blast Points.
While the details of the Blast Point system have not been disclosed yet, OpenSea is expected to share more information in the near future. The impact of this development on the wider NFT market is yet to be seen.
It's worth noting that OpenSea's competitor, Blur, created by Blast founder Pacman, had previously surpassed OpenSea in terms of trading volume.
However, OpenSea has recently embraced the ERC-721C standard developed by Limit Break. This move aims to empower artists by ensuring they receive fair compensation through programmable creator royalties on the blockchain.
It demonstrates OpenSea's commitment to supporting creators and fostering a more equitable NFT ecosystem.
With various platforms implementing innovative features and standards, OpenSea's introduction of Blast NFTs and adoption of ERC-721C highlight the ongoing advancements in the world of digital asset trading.
