TechFlow news — According to official announcements, NFT marketplace OpenSea has stated it is officially migrating to its self-developed Web3 marketplace protocol, Seaport. This transition is expected to reduce gas fees by approximately 35%, potentially saving users over $460 million annually in transaction costs.
At the same time, new users on OpenSea will no longer need to pay account initialization fees (proxy deployment), enabling them to make offers on entire collections while making wallet signatures more readable and understandable. OpenSea has also added new features including displaying rarity percentages, filtering floor prices and highest bids by attributes. The platform further announced that bulk listing (allowing multiple NFTs to be purchased within a single transaction) and other new features will be launched soon.
