NFT marketplace OpenSea adds support for Optimism

NFT marketplace OpenSea adds support for Optimism
NFT marketplace OpenSea adds support for Optimism

On Tuesday, OpenSea, the biggest NFT marketplace in terms of volumes, announced the expansion of its offerings to add Optimism, a layer-2 Ethereum scaling solution. 

OpenSea has already listed over 100 NFT collections on the Optimism chain in its marketplace in just about a day. Some popular Optimism collections now listed on OpenSea are Apetimism, Bored Town, MotorHeadz, and OptiChads

The company urged the founders of the newly listed collections to set up a creators fee for sales on its marketplace and the supporters to ask for the integration of OpenRarity, a recently added feature that compares the scarcity of an NFT to another within a collection. 

“We encourage the @optimismFND 🔴 community to search for their favorite newly listed Optimism collections and reach out to founders to get @openrarity integration and collection offers enabled!,” tweeted OpenSea. 

Until now, most of Optimism’s NFT trade volumes have come from NFT marketplace Quix. However, Quix’s numbers are insignificant compared to OpenSea’s trading volumes. 

For instance, Quix registered about $26,000 in sales on Monday, while OpenSea racked up over $9.5 million in sales on the same day, according to DuneAnalytics data

So far, the most popular projects by volumes on Optimism have been Apetimism, OptiPunks, Early Optimists, Optimism Quests, and OptiChads. Early Optimists is the leader with lifetime sales of over $700,000, surpassing the other collections by more than twice the volume

Early trends indicate no significant change in trading volumes for the collections on Quix since the OpenSea listing. 

OpenSea, primarily known for its Ethereum and Solana NFTs, is doubling down on collections from layer-2 scaling solutions. Last week, it also added support for another Ethereum scaling solution Arbitrum. 

The marketplace now supports six networks: Ethereum, Solana, Polygon, Klatyn, Arbitum, and Optimism. 

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About the Author
Himan Mohapatra
Himan Mohapatra
Himan Mohapatra is an industry expert within the crypto-sphere and the primary journalist for Coinmash. He is passionate about finance and disruptive tech, such as blockchain. One can find him playing Valorant or FIFA when away from his desk.