OpenSea won’t support Proof-of-Work (PoW) NFTs after ‘The Merge’

OpenSea won’t support Proof-of-Work (PoW) NFTs after ‘The Merge’

Ethereum’s transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) is hitting the NFT industry hard. OpenSea, the world’s largest marketplace has announced that it won’t support any PoW-based NFTs. The upgrade ‘The Merge’ is all set to change the working of the blockchain, to make the Ethereum blockchain less energy intensive. It will take place on […]

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OpenSea won’t support Proof-of-Work (PoW) NFTs after ‘The Merge’

OpenSea launches Seaport: Here’s how you can exchange your NFTs

Non-fungible-token (NFT) marketplace OpenSea has announced the launch of a new marketplace protocol called ‘Seaport’. The new protocol will facilitate buying and selling of NFTs “in new ways.” What makes Seaport different from any other marketplace is that users will be able to bundle different digital assets in an exchange for an NFT, unlike NFT […]

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