OpenSea Unveils Solana Beta


Solana non-fungible tokens have been rolled out in the OpenSea marketplace, in line with the integration between the two parties.

Source: OpenSea

SOL is down 5.24%, ETH down 2.76%, and MATIC down 3.12%.

OpenSea took to Twitter to announce the launch of the initial beta, citing the low gas fees and fast transaction speeds of Solana, which boost the accessibility of the assets. Solana said the NFTs would stay in the wallet until they were sold.

The initial beta launch will have a limited collection coverage, with the full launch set to cover methods to expand the coverage through the Metaplex collection. OpenSea has opened doors for feedback ahead of the full launch.

A limited set of collections are currently available, and users will need to have separate accounts for Ethereum-based and Solana-based NFTs. OpenSea said more are set to be added as part of the beta.

According to OpenSea, a transaction on Solana uses less energy than two searches on Google, making it more energy-efficient and eco-friendly.


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