OpenSea Announced The Integration Of Polygon Into Its Seaport Protocol
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Seaport Protocol Implementation
OpenZeppelin and Trail of Bits are in charge of managing this open supply marketplace protocol. At the time, OpenSea claimed that relocating to Seaport would result in annual cost savings of $460 million. This change makes it possible to reduce gasoline costs, increase the availability of various NFTs, eliminate fees for opening new accounts, and add more user-friendly signature options.
"As part of the shift to Seaport, OpenSea now supports using $MATIC, Polygon's native token, as a payment option. Anyone transacting on Polygon using OpenSea will now be required to pay for their own gas fees for transacting using $MATIC."
OpenSea Enables MATIC
OpenSea now enables using MATIC, Polygon's token, as a payment option for the transition to Seaport. Any trader using OpenSea to access Polygon can pay fuel commissions using MATIC. Using Seaport on Polygon, according to OpenSea, allows for several additional features, such as collection and attribute offers, no listing thresholds, multiple creator rewards, and bulk transfers. The capability to list and purchase on OpenSea using the Polygon network's native token, MATIC, might be the most significant new feature.
OpenSea asserts that they do not direct or oversee Seaport but rather help the protocol development. Despite the deteriorating market conditions, OpenSea maintains a recruiting strategy.
