OpenSea now backs Abstract Network, allowing users to trade tokens on this decentralized platform.
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Good news for crypto enthusiasts! OpenSea, the popular NFT marketplace, has recently added support for the Abstract blockchain network. Now, users can mint sought-after NFT collections based on Abstract, such as Abstract Pepes and Abstract Punks. Boasting nearly twenty supported blockchain networks, OpenSea is swiftly becoming the hub for all things NFT!
Abstract NFTs have made their grand entrance on OpenSea! 🙌 Check 'em out here: https://twitter.com/opensea/status/1657688256137617408
Since its inception in 2017, OpenSea has skyrocketed to become a leading platform for buying, selling, creating, and trading NFTs. With over 3 million active users and $4.5 million in daily trading volume as of January 2024[1], it's clear that OpenSea has got the NFT community buzzing! This non-custodial platform allows users full control over their cryptocurrency wallets.
Enter Abstract Network, a Layer 2 blockchain designed for consumer-friendly, scalable, and low-cost applications. It uses zero-knowledge rollup technology to ensure fast speeds and low fees by processing transactions off-chain and verifying them on Ethereum using zero-knowledge proofs. Founded by Igloo Inc., the brains behind the Pudgy Penguins, Abstract Network gained notoriety when it launched in 2021[2]. The Pudgy Penguins project features 8,888 unique, hand-drawn penguin avatars on the Ethereum blockchain network. Each Pudgy Penguin NFT boasts distinct traits and attributes, which make them highly desirable in the collectibles market[2].
OpenSea now boasts support for 19 blockchain networks, up from the 18 it previously supported. In addition to Ethereum, these include Polygon, Klaytn, Arbitrum, Optimism, Avalanche, Zora, Base, Blast, Sei, B3, Berachain, Flow, ApeChain, Soneium, Shape, Unichain, and Ronin[1]. The platform aims to expand its reach even further by integrating over 20 blockchain networks in an effort to become the ultimate destination for all things NFT[3].
Here are some related NFT news stories: - Egypt's Al Ahly FC Collaborates with FIFA to Launch an NFT Collection - NFT Company Yuga Labs Sells Punks IP to Infinite Node - DappRadar Announces New MCP Server, Enabling AI Agents to Track Crypto & NFT Data
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[1] Source: https://opensea.io/ [2] Source: https://pudgypenguins.cc/ [3] Source: https://blog.opensea.io/opensea-expands-to-19-blockchain-networks-9d1038f4b3f3
Technology plays a significant role in the boom of NFTs, with OpenSea – a leading NFT marketplace – leveraging technology to support various blockchain networks and enable users to create and trade NFTs seamlessly. Abstract Network, a Layer 2 blockchain designed for consumer-friendly, scalable, and low-cost applications, uses zero-knowledge rollup technology to ensure fast speeds and low fees, making it an attractive choice for the NFT community. This technology empowers the creation of abstract NFTs, such as Abstract Pepes and Abstract Punks, on OpenSea.
