Tue, October 8

OpenSea Reveals Support for Gaming Chain Arbitrum Nova

News
  • OpenSea promotes the social and gaming chain Arbitrum Nova.
  • Arbitrum Nova is now a more affordable way to acquire data and purchase and sell digital collectibles.

OpenSea, the world’s first and largest web3 marketplace for NFTs and Crypto collectibles, now supports Aribitrum Nova and has ultra-low transaction costs and strong security. It powers dapps with high transaction volumes that aim to reduce expenses even more. This helps the Arbitrum ecosystem develop.

OpenSea will also join its Data Availability Committee (DAC) to improve data accuracy and enable access to on-chain data. The new outcome of the cooperation in which OpenSea integrates with NFT makes Nova easily accessible to users. Furthermore, when purchasing and selling digital collectibles, users may readily obtain Nova at much more affordable and lower prices.

OpenSea Support to Arbitrum Nova DAC

Arbitrum Nova is now a more affordable way to acquire data and purchase and sell digital collectibles. On Sep 22, support for Arbitrum, a Layer 2 scaling network built off-chain, was added.

Arbitrum and Nova collections will be grouped on OpenSea’s website, indicating that the future of social and gaming has here. Arbitrum Future stated that OpenSea would add DAC to help build Arbitrum’s data infrastructure.

Additionally, before buying and selling NFTs on the platform, customers must connect their wallets. Users who already have a wallet can proceed with setting up the accounts directly, while those who do not have a wallet can select a provider from the list on the website. There have also been numerous adoptions and upgrades. Because of OpenSea, it has reached a wide spectrum of users.

Furthermore, according to L2BEAT statistics, the Total Value Locked (TVL) on the Arbitrum Nova has steadily climbed since its inception last year.

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