OpenSea, the largest NFT marketplace, is now offering users a list of and purchase of up to 30 digital collectibles in one go. This will enable users to add up to 30 NFTs, built on the same blockchain, to their cart and finalize the transaction at the same time. This will not only make the purchase of multiple NFTs seamless, but also significantly reduce the gas fees deducted on all transactions as a service charge.
This new feature on OpenSea will be useful for those who want to list up to 30 NFTs once.
Twitter made a public announcement on this bulk buy-and-sell feature on the NFT marketplace in December 2017.
This update is exciting to:ship, and we''ll keep you posted as we improve the buying and selling experience on OpenSea over the next weeks! :blue_heart:
In recent times, OpenSea has seen sales volume on its platform nosedive due to market volatility.
According to Dune data, OpenSea''s trading volume reached a high of $5.8 billion in January, although trading on the platform saw a steady decrease during the first two quarters of the year, slapping to $3.1 billion in May.
- VeeFriends NFT Characters to Be Sold as Toys at Macys, ToysRUs
Solana NFT volumes also fell in June, with sales volume figures of $91.52 million (roughly Rs. 732 crore) in June, down by 64 percent from $261.07 million in May 2022, according to a separate analysis by Be[In]Crypto.
OpenSea has added a number of new features on the platform, including a reduction in sales.
The NFT marketplace initially classified digital collectibles on the basis of their rarity in September. OpenRarity is an open source feature that will enable collectors to discover legitimately rare digital collectibles, which have been drowning in the ocean of NFTs out there.
According to Tarusha Mittal, the CEO of UniFarm, the NFT market will be a $231 billion (roughly Rs. 18,41,300 crore) behemoth by 2030 and it''s too big a corporation to be ignored, according to the group. UniFarm is a multi-token reward staking program.