In a tweet, OpenSea said, “This is the first step toward our goal of a Web3 future where people can get the NFTs they want on the chains they like.”
OpenSea, which is the largest non-fungible token (NFT) marketplace by volume, said Tuesday that it plans to support Arbitum, which will let creators list NFTs made on the Ethereum roll-up.
The market said in a tweet that creators will be able to set fees for selling NFTs on the network starting Wednesday. OpenSea said it plans to support collections like Smolverse, GMX Blueberry Club, and Diamond Pepes that are already being made on Arbitrum.
At the moment, OpenSea sells NFTs that were created on Ethereum, Polygon, Klaytn, and Solana. According to data from NFT Scan, NFTs on Arbitrum have a lifetime volume of 9,722 ETH. This is a drop in the bucket compared to Ethereum, where the lifetime volume of NFTs is about 23.5 million ETH. Merge, a change to the network that happened last Thursday, may make it less important to use roll-ups like Arbitrum to speed things up and cut costs.
OpenSea said it is hopeful about being able to give creators another place to make and sell digital assets. In a tweet, the marketplace said, “This is the first step toward our goal of a Web3 future where people can get the NFTs they want on the chains they like.”
