- OpenSea acquired Gem on April 25th, 2022, to invest in Pro service.
- OpenSea’s Pro NFT live data aggregator will work cross-marketplace.
- Monthly NFT trade neared $2bn, but OpenSea scored less than Blur.
The leading NFT marketplace, OpenSea, decided to take it up a notch and released an upgraded version of Gem. The rebranded NFT data aggregator will include new features, including instant sales and advanced order types. To celebrate, OpenSea erased the fees for NFTs listed through OpenSea Pro.
Further enhancements will come soon, according to the official statement. That includes a reward system, giving its most valuable members exclusive NFTs. According to Crypto Twitter, the innovative move by OpenSea is a response to the competing Blur.io taking up most of the $2bn trading volume generated by NFT traders in March.
Free NFT Claim for Most Loyal Users
The Gem community has been known for hunting NFT gems for quite a while, ever since the Gem NFT aggregator became a top hit among professional traders. For instance, the aggregator lets a user batch-buy NFTs across different platforms simultaneously, thus significantly saving on fees.
On top of that, the polished Gem comes with an exclusive NFT collection for the most loyal users of the aggregator. The Gemesis NFT is exclusively for those who used the Gem aggregator before March 31st, 2023. According to the official tweet, the mint page will be available directly on OpenSea later today.
On The Flipside
- The executive team of OpenSea Pro will remain the same as Gem.
- OpenSea also planned to launch an in-built native cryptocurrency.
- Blur.io users flip NFTs for yield and don’t reflect the actual volume.
Why You Should Care
The leading NFT marketplace OpenSea introduced features that might help the NFT market shine in 2023.
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