On its platform, the OpenSea NFT Marketplace has given thanks for Avalanche NFTs

On its platform, the OpenSea NFT Marketplace has given thanks for Avalanche NFTs ...

OpenSea, the world''s largest NFT marketplace, has launched native support for the Avalanche blockchain, according to its verified Twitter account. Starting on October 12, content creators on Avalanche will be able to display, list, and trade their own NFT collections through OpenSea. Avalanche''s biggest NFT marketplace is also known as Smol Joes, Rich Peon Poor Peon, Chikn, Smol Turds, and Smol Creeps.

"Web3''s future is multi-chain, and it''s always been our goal to provide the best selection and connect people with projects and creators across the services they prefer," says OpenSea CEO.

GM! We''re very pleased to announce that @avalancheavax #Avalanche is now live on OpenSea!! pic.twitter.com/3nDP3zQGAx

According to John Wu, the president of Ava Labs, Avalanche''s creator and NFT community wanted OpenSea to be one of the marketplaces where users might sell their NFTs. With Avalanche, OpenSea users can complete transactions in under a second at a competitive rate.

"They want to know there is a chain that is extensible because Web2 is so large than Web3. They want a chain that can handle massive amounts of activity," Wu said. "These brands are much more comfortable working with OpenSea."

OpenSea has seen a total of $20 billion in trading volume with over 80 million (roughly Rs. 658 crore) NFT transactions in January. However, NFT trading volume on OpenSea is down 99 percent from its peak in May.

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Arbitrum was added to its list of supported blockchains by OpenSea, which includes Ethereum, Polygon, the zero-knowledge proof-based, the largest Layer-1 blockchain network for NFTs Solana, and Kakao''s blockchain platform Klaytn.