Opensea Launches Seaport Protocol To Facilitate Users To Buy And Sell NFT Assets

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Popular NFT market opensea has just launched a new market agreement to buy and sell NFT. The news was first revealed by an address linked to opensea on Etherscan earlier Friday and confirmed in a blog post of the company. The protocol, called seaport, allows users to obtain NFT in a series of new ways.

Bidders using seaport can bundle different assets to exchange NFT, unlike now only cryptocurrency can exchange NFT. Steven Zheng, research director of the block, said: "suppose you have a doodle of 40eth, you want an API of 100eth. You can provide your graffiti NFT and 60eth.".

In addition, opensea also provides sudoswap tool to facilitate users to trade NFT by barter. Seaport now also allows people to bid for specific features in the collection. This is to make bidders not care what kind of NFT they get, as long as it has the characteristics they are looking for. For example, users who collect smiling NFTs can bid for any smile they collect.

"Performers can include additional considerations when fulfilling the list, as long as their 'Tip' does not exceed the initial offer. This allows the alternative interface to include their own fees," the opensea statement said. Opensea does not control the protocol, but positions it as a shared and open resource for developers.

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