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After a recent backlash when the then head of product Nate Robinson was found to have been using insider trading to purchase NFTs was thrown into public light, was consequently asked to resign soon after.<\/p>\n\n\n\n

Bouncing back from some bad news, OpenSea has kept strong. Is this $10 billion evalutation fair or should the biggest NFT trading platform be worth much more?<\/p>\n","post_title":"OpenSea Valued At $10B After Investment Offer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-valued-at-10b-after-investment-offer","to_ping":"","pinged":"","post_modified":"2022-02-16 21:43:25","post_modified_gmt":"2022-02-16 10:43:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=2297","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
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\n
\"Monthly<\/figure>\n\n\n\n

After a recent backlash when the then head of product Nate Robinson was found to have been using insider trading to purchase NFTs was thrown into public light, was consequently asked to resign soon after.<\/p>\n\n\n\n

Bouncing back from some bad news, OpenSea has kept strong. Is this $10 billion evalutation fair or should the biggest NFT trading platform be worth much more?<\/p>\n","post_title":"OpenSea Valued At $10B After Investment Offer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-valued-at-10b-after-investment-offer","to_ping":"","pinged":"","post_modified":"2022-02-16 21:43:25","post_modified_gmt":"2022-02-16 10:43:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=2297","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

In that time, record highs in NFT trading volume was achieved. With over $3 billion worth of trades were made in August alone, despite a gradual decrease in sales, upwards of $2 billion per month since August has held steady.<\/p>\n\n\n\n

\"Monthly<\/figure>\n\n\n\n

After a recent backlash when the then head of product Nate Robinson was found to have been using insider trading to purchase NFTs was thrown into public light, was consequently asked to resign soon after.<\/p>\n\n\n\n

Bouncing back from some bad news, OpenSea has kept strong. Is this $10 billion evalutation fair or should the biggest NFT trading platform be worth much more?<\/p>\n","post_title":"OpenSea Valued At $10B After Investment Offer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-valued-at-10b-after-investment-offer","to_ping":"","pinged":"","post_modified":"2022-02-16 21:43:25","post_modified_gmt":"2022-02-16 10:43:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=2297","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n

After a previous $1.5 billion evalutation in July after a $100 million funding round, OpenSea has, in the eyes of the investors, had over a 600% gain in value within only a few months. With the recent NFT boom, these figures seem to match up.<\/p>\n\n\n\n

In that time, record highs in NFT trading volume was achieved. With over $3 billion worth of trades were made in August alone, despite a gradual decrease in sales, upwards of $2 billion per month since August has held steady.<\/p>\n\n\n\n

\"Monthly<\/figure>\n\n\n\n

After a recent backlash when the then head of product Nate Robinson was found to have been using insider trading to purchase NFTs was thrown into public light, was consequently asked to resign soon after.<\/p>\n\n\n\n

Bouncing back from some bad news, OpenSea has kept strong. Is this $10 billion evalutation fair or should the biggest NFT trading platform be worth much more?<\/p>\n","post_title":"OpenSea Valued At $10B After Investment Offer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-valued-at-10b-after-investment-offer","to_ping":"","pinged":"","post_modified":"2022-02-16 21:43:25","post_modified_gmt":"2022-02-16 10:43:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=2297","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n

According to the report, OpenSea had been contacted first by the venture capitalists looking to invest.<\/p>\n\n\n\n

After a previous $1.5 billion evalutation in July after a $100 million funding round, OpenSea has, in the eyes of the investors, had over a 600% gain in value within only a few months. With the recent NFT boom, these figures seem to match up.<\/p>\n\n\n\n

In that time, record highs in NFT trading volume was achieved. With over $3 billion worth of trades were made in August alone, despite a gradual decrease in sales, upwards of $2 billion per month since August has held steady.<\/p>\n\n\n\n

\"Monthly<\/figure>\n\n\n\n

After a recent backlash when the then head of product Nate Robinson was found to have been using insider trading to purchase NFTs was thrown into public light, was consequently asked to resign soon after.<\/p>\n\n\n\n

Bouncing back from some bad news, OpenSea has kept strong. Is this $10 billion evalutation fair or should the biggest NFT trading platform be worth much more?<\/p>\n","post_title":"OpenSea Valued At $10B After Investment Offer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-valued-at-10b-after-investment-offer","to_ping":"","pinged":"","post_modified":"2022-02-16 21:43:25","post_modified_gmt":"2022-02-16 10:43:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=2297","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

OpenSea<\/a>, the leading NFT platform, has received offers from potential backers of the company at a valuation of $10 billion according to a report<\/a> from The Information.<\/p>\n\n\n\n

According to the report, OpenSea had been contacted first by the venture capitalists looking to invest.<\/p>\n\n\n\n

After a previous $1.5 billion evalutation in July after a $100 million funding round, OpenSea has, in the eyes of the investors, had over a 600% gain in value within only a few months. With the recent NFT boom, these figures seem to match up.<\/p>\n\n\n\n

In that time, record highs in NFT trading volume was achieved. With over $3 billion worth of trades were made in August alone, despite a gradual decrease in sales, upwards of $2 billion per month since August has held steady.<\/p>\n\n\n\n

\"Monthly<\/figure>\n\n\n\n

After a recent backlash when the then head of product Nate Robinson was found to have been using insider trading to purchase NFTs was thrown into public light, was consequently asked to resign soon after.<\/p>\n\n\n\n

Bouncing back from some bad news, OpenSea has kept strong. Is this $10 billion evalutation fair or should the biggest NFT trading platform be worth much more?<\/p>\n","post_title":"OpenSea Valued At $10B After Investment Offer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-valued-at-10b-after-investment-offer","to_ping":"","pinged":"","post_modified":"2022-02-16 21:43:25","post_modified_gmt":"2022-02-16 10:43:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=2297","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":2297,"post_author":"1","post_date":"2021-11-18 22:43:08","post_date_gmt":"2021-11-18 11:43:08","post_content":"\n

OpenSea<\/a>, the leading NFT platform, has received offers from potential backers of the company at a valuation of $10 billion according to a report<\/a> from The Information.<\/p>\n\n\n\n

According to the report, OpenSea had been contacted first by the venture capitalists looking to invest.<\/p>\n\n\n\n

After a previous $1.5 billion evalutation in July after a $100 million funding round, OpenSea has, in the eyes of the investors, had over a 600% gain in value within only a few months. With the recent NFT boom, these figures seem to match up.<\/p>\n\n\n\n

In that time, record highs in NFT trading volume was achieved. With over $3 billion worth of trades were made in August alone, despite a gradual decrease in sales, upwards of $2 billion per month since August has held steady.<\/p>\n\n\n\n

\"Monthly<\/figure>\n\n\n\n

After a recent backlash when the then head of product Nate Robinson was found to have been using insider trading to purchase NFTs was thrown into public light, was consequently asked to resign soon after.<\/p>\n\n\n\n

Bouncing back from some bad news, OpenSea has kept strong. Is this $10 billion evalutation fair or should the biggest NFT trading platform be worth much more?<\/p>\n","post_title":"OpenSea Valued At $10B After Investment Offer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-valued-at-10b-after-investment-offer","to_ping":"","pinged":"","post_modified":"2022-02-16 21:43:25","post_modified_gmt":"2022-02-16 10:43:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=2297","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":2297,"post_author":"1","post_date":"2021-11-18 22:43:08","post_date_gmt":"2021-11-18 11:43:08","post_content":"\n

OpenSea<\/a>, the leading NFT platform, has received offers from potential backers of the company at a valuation of $10 billion according to a report<\/a> from The Information.<\/p>\n\n\n\n

According to the report, OpenSea had been contacted first by the venture capitalists looking to invest.<\/p>\n\n\n\n

After a previous $1.5 billion evalutation in July after a $100 million funding round, OpenSea has, in the eyes of the investors, had over a 600% gain in value within only a few months. With the recent NFT boom, these figures seem to match up.<\/p>\n\n\n\n

In that time, record highs in NFT trading volume was achieved. With over $3 billion worth of trades were made in August alone, despite a gradual decrease in sales, upwards of $2 billion per month since August has held steady.<\/p>\n\n\n\n

\"Monthly<\/figure>\n\n\n\n

After a recent backlash when the then head of product Nate Robinson was found to have been using insider trading to purchase NFTs was thrown into public light, was consequently asked to resign soon after.<\/p>\n\n\n\n

Bouncing back from some bad news, OpenSea has kept strong. Is this $10 billion evalutation fair or should the biggest NFT trading platform be worth much more?<\/p>\n","post_title":"OpenSea Valued At $10B After Investment Offer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-valued-at-10b-after-investment-offer","to_ping":"","pinged":"","post_modified":"2022-02-16 21:43:25","post_modified_gmt":"2022-02-16 10:43:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=2297","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":2297,"post_author":"1","post_date":"2021-11-18 22:43:08","post_date_gmt":"2021-11-18 11:43:08","post_content":"\n

OpenSea<\/a>, the leading NFT platform, has received offers from potential backers of the company at a valuation of $10 billion according to a report<\/a> from The Information.<\/p>\n\n\n\n

According to the report, OpenSea had been contacted first by the venture capitalists looking to invest.<\/p>\n\n\n\n

After a previous $1.5 billion evalutation in July after a $100 million funding round, OpenSea has, in the eyes of the investors, had over a 600% gain in value within only a few months. With the recent NFT boom, these figures seem to match up.<\/p>\n\n\n\n

In that time, record highs in NFT trading volume was achieved. With over $3 billion worth of trades were made in August alone, despite a gradual decrease in sales, upwards of $2 billion per month since August has held steady.<\/p>\n\n\n\n

\"Monthly<\/figure>\n\n\n\n

After a recent backlash when the then head of product Nate Robinson was found to have been using insider trading to purchase NFTs was thrown into public light, was consequently asked to resign soon after.<\/p>\n\n\n\n

Bouncing back from some bad news, OpenSea has kept strong. Is this $10 billion evalutation fair or should the biggest NFT trading platform be worth much more?<\/p>\n","post_title":"OpenSea Valued At $10B After Investment Offer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-valued-at-10b-after-investment-offer","to_ping":"","pinged":"","post_modified":"2022-02-16 21:43:25","post_modified_gmt":"2022-02-16 10:43:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=2297","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":2297,"post_author":"1","post_date":"2021-11-18 22:43:08","post_date_gmt":"2021-11-18 11:43:08","post_content":"\n

OpenSea<\/a>, the leading NFT platform, has received offers from potential backers of the company at a valuation of $10 billion according to a report<\/a> from The Information.<\/p>\n\n\n\n

According to the report, OpenSea had been contacted first by the venture capitalists looking to invest.<\/p>\n\n\n\n

After a previous $1.5 billion evalutation in July after a $100 million funding round, OpenSea has, in the eyes of the investors, had over a 600% gain in value within only a few months. With the recent NFT boom, these figures seem to match up.<\/p>\n\n\n\n

In that time, record highs in NFT trading volume was achieved. With over $3 billion worth of trades were made in August alone, despite a gradual decrease in sales, upwards of $2 billion per month since August has held steady.<\/p>\n\n\n\n

\"Monthly<\/figure>\n\n\n\n

After a recent backlash when the then head of product Nate Robinson was found to have been using insider trading to purchase NFTs was thrown into public light, was consequently asked to resign soon after.<\/p>\n\n\n\n

Bouncing back from some bad news, OpenSea has kept strong. Is this $10 billion evalutation fair or should the biggest NFT trading platform be worth much more?<\/p>\n","post_title":"OpenSea Valued At $10B After Investment Offer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-valued-at-10b-after-investment-offer","to_ping":"","pinged":"","post_modified":"2022-02-16 21:43:25","post_modified_gmt":"2022-02-16 10:43:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=2297","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":2297,"post_author":"1","post_date":"2021-11-18 22:43:08","post_date_gmt":"2021-11-18 11:43:08","post_content":"\n

OpenSea<\/a>, the leading NFT platform, has received offers from potential backers of the company at a valuation of $10 billion according to a report<\/a> from The Information.<\/p>\n\n\n\n

According to the report, OpenSea had been contacted first by the venture capitalists looking to invest.<\/p>\n\n\n\n

After a previous $1.5 billion evalutation in July after a $100 million funding round, OpenSea has, in the eyes of the investors, had over a 600% gain in value within only a few months. With the recent NFT boom, these figures seem to match up.<\/p>\n\n\n\n

In that time, record highs in NFT trading volume was achieved. With over $3 billion worth of trades were made in August alone, despite a gradual decrease in sales, upwards of $2 billion per month since August has held steady.<\/p>\n\n\n\n

\"Monthly<\/figure>\n\n\n\n

After a recent backlash when the then head of product Nate Robinson was found to have been using insider trading to purchase NFTs was thrown into public light, was consequently asked to resign soon after.<\/p>\n\n\n\n

Bouncing back from some bad news, OpenSea has kept strong. Is this $10 billion evalutation fair or should the biggest NFT trading platform be worth much more?<\/p>\n","post_title":"OpenSea Valued At $10B After Investment Offer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-valued-at-10b-after-investment-offer","to_ping":"","pinged":"","post_modified":"2022-02-16 21:43:25","post_modified_gmt":"2022-02-16 10:43:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=2297","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

This news isn't new to some though. <\/p>\n\n\n\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":2297,"post_author":"1","post_date":"2021-11-18 22:43:08","post_date_gmt":"2021-11-18 11:43:08","post_content":"\n

OpenSea<\/a>, the leading NFT platform, has received offers from potential backers of the company at a valuation of $10 billion according to a report<\/a> from The Information.<\/p>\n\n\n\n

According to the report, OpenSea had been contacted first by the venture capitalists looking to invest.<\/p>\n\n\n\n

After a previous $1.5 billion evalutation in July after a $100 million funding round, OpenSea has, in the eyes of the investors, had over a 600% gain in value within only a few months. With the recent NFT boom, these figures seem to match up.<\/p>\n\n\n\n

In that time, record highs in NFT trading volume was achieved. With over $3 billion worth of trades were made in August alone, despite a gradual decrease in sales, upwards of $2 billion per month since August has held steady.<\/p>\n\n\n\n

\"Monthly<\/figure>\n\n\n\n

After a recent backlash when the then head of product Nate Robinson was found to have been using insider trading to purchase NFTs was thrown into public light, was consequently asked to resign soon after.<\/p>\n\n\n\n

Bouncing back from some bad news, OpenSea has kept strong. Is this $10 billion evalutation fair or should the biggest NFT trading platform be worth much more?<\/p>\n","post_title":"OpenSea Valued At $10B After Investment Offer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-valued-at-10b-after-investment-offer","to_ping":"","pinged":"","post_modified":"2022-02-16 21:43:25","post_modified_gmt":"2022-02-16 10:43:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=2297","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Once the integration is completed in April, Solana will join Ethereum ($ETH<\/a>), Polygon ($MATIC<\/a>), and Klaytn ($KLAY<\/a>) as the fourth edition to the NFT marketplace.<\/p>\n\n\n\n

This news isn't new to some though. <\/p>\n\n\n\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":2297,"post_author":"1","post_date":"2021-11-18 22:43:08","post_date_gmt":"2021-11-18 11:43:08","post_content":"\n

OpenSea<\/a>, the leading NFT platform, has received offers from potential backers of the company at a valuation of $10 billion according to a report<\/a> from The Information.<\/p>\n\n\n\n

According to the report, OpenSea had been contacted first by the venture capitalists looking to invest.<\/p>\n\n\n\n

After a previous $1.5 billion evalutation in July after a $100 million funding round, OpenSea has, in the eyes of the investors, had over a 600% gain in value within only a few months. With the recent NFT boom, these figures seem to match up.<\/p>\n\n\n\n

In that time, record highs in NFT trading volume was achieved. With over $3 billion worth of trades were made in August alone, despite a gradual decrease in sales, upwards of $2 billion per month since August has held steady.<\/p>\n\n\n\n

\"Monthly<\/figure>\n\n\n\n

After a recent backlash when the then head of product Nate Robinson was found to have been using insider trading to purchase NFTs was thrown into public light, was consequently asked to resign soon after.<\/p>\n\n\n\n

Bouncing back from some bad news, OpenSea has kept strong. Is this $10 billion evalutation fair or should the biggest NFT trading platform be worth much more?<\/p>\n","post_title":"OpenSea Valued At $10B After Investment Offer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-valued-at-10b-after-investment-offer","to_ping":"","pinged":"","post_modified":"2022-02-16 21:43:25","post_modified_gmt":"2022-02-16 10:43:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=2297","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The announcement made through Twitter dubbed \"the best kept secret in web3\" shows a bunch of users who are keen on the integration with the Solana Blockchain.<\/p>\n\n\n\n

Once the integration is completed in April, Solana will join Ethereum ($ETH<\/a>), Polygon ($MATIC<\/a>), and Klaytn ($KLAY<\/a>) as the fourth edition to the NFT marketplace.<\/p>\n\n\n\n

This news isn't new to some though. <\/p>\n\n\n\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":2297,"post_author":"1","post_date":"2021-11-18 22:43:08","post_date_gmt":"2021-11-18 11:43:08","post_content":"\n

OpenSea<\/a>, the leading NFT platform, has received offers from potential backers of the company at a valuation of $10 billion according to a report<\/a> from The Information.<\/p>\n\n\n\n

According to the report, OpenSea had been contacted first by the venture capitalists looking to invest.<\/p>\n\n\n\n

After a previous $1.5 billion evalutation in July after a $100 million funding round, OpenSea has, in the eyes of the investors, had over a 600% gain in value within only a few months. With the recent NFT boom, these figures seem to match up.<\/p>\n\n\n\n

In that time, record highs in NFT trading volume was achieved. With over $3 billion worth of trades were made in August alone, despite a gradual decrease in sales, upwards of $2 billion per month since August has held steady.<\/p>\n\n\n\n

\"Monthly<\/figure>\n\n\n\n

After a recent backlash when the then head of product Nate Robinson was found to have been using insider trading to purchase NFTs was thrown into public light, was consequently asked to resign soon after.<\/p>\n\n\n\n

Bouncing back from some bad news, OpenSea has kept strong. Is this $10 billion evalutation fair or should the biggest NFT trading platform be worth much more?<\/p>\n","post_title":"OpenSea Valued At $10B After Investment Offer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-valued-at-10b-after-investment-offer","to_ping":"","pinged":"","post_modified":"2022-02-16 21:43:25","post_modified_gmt":"2022-02-16 10:43:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=2297","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
\nhttps:\/\/twitter.com\/opensea\/status\/1508851483449585670?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1508851483449585670%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fnews.bitcoin.com%2Fleading-nft-marketplace-opensea-to-add-solana-support-in-april%2F\n<\/div><\/figure>\n\n\n\n

The announcement made through Twitter dubbed \"the best kept secret in web3\" shows a bunch of users who are keen on the integration with the Solana Blockchain.<\/p>\n\n\n\n

Once the integration is completed in April, Solana will join Ethereum ($ETH<\/a>), Polygon ($MATIC<\/a>), and Klaytn ($KLAY<\/a>) as the fourth edition to the NFT marketplace.<\/p>\n\n\n\n

This news isn't new to some though. <\/p>\n\n\n\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":2297,"post_author":"1","post_date":"2021-11-18 22:43:08","post_date_gmt":"2021-11-18 11:43:08","post_content":"\n

OpenSea<\/a>, the leading NFT platform, has received offers from potential backers of the company at a valuation of $10 billion according to a report<\/a> from The Information.<\/p>\n\n\n\n

According to the report, OpenSea had been contacted first by the venture capitalists looking to invest.<\/p>\n\n\n\n

After a previous $1.5 billion evalutation in July after a $100 million funding round, OpenSea has, in the eyes of the investors, had over a 600% gain in value within only a few months. With the recent NFT boom, these figures seem to match up.<\/p>\n\n\n\n

In that time, record highs in NFT trading volume was achieved. With over $3 billion worth of trades were made in August alone, despite a gradual decrease in sales, upwards of $2 billion per month since August has held steady.<\/p>\n\n\n\n

\"Monthly<\/figure>\n\n\n\n

After a recent backlash when the then head of product Nate Robinson was found to have been using insider trading to purchase NFTs was thrown into public light, was consequently asked to resign soon after.<\/p>\n\n\n\n

Bouncing back from some bad news, OpenSea has kept strong. Is this $10 billion evalutation fair or should the biggest NFT trading platform be worth much more?<\/p>\n","post_title":"OpenSea Valued At $10B After Investment Offer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-valued-at-10b-after-investment-offer","to_ping":"","pinged":"","post_modified":"2022-02-16 21:43:25","post_modified_gmt":"2022-02-16 10:43:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=2297","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

OpenSea is the leading NFT marketplace. To date, OpenSea has sold<\/a> over US$23.5B in NFTs to over 1.4 million traders.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/opensea\/status\/1508851483449585670?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1508851483449585670%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fnews.bitcoin.com%2Fleading-nft-marketplace-opensea-to-add-solana-support-in-april%2F\n<\/div><\/figure>\n\n\n\n

The announcement made through Twitter dubbed \"the best kept secret in web3\" shows a bunch of users who are keen on the integration with the Solana Blockchain.<\/p>\n\n\n\n

Once the integration is completed in April, Solana will join Ethereum ($ETH<\/a>), Polygon ($MATIC<\/a>), and Klaytn ($KLAY<\/a>) as the fourth edition to the NFT marketplace.<\/p>\n\n\n\n

This news isn't new to some though. <\/p>\n\n\n\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":2297,"post_author":"1","post_date":"2021-11-18 22:43:08","post_date_gmt":"2021-11-18 11:43:08","post_content":"\n

OpenSea<\/a>, the leading NFT platform, has received offers from potential backers of the company at a valuation of $10 billion according to a report<\/a> from The Information.<\/p>\n\n\n\n

According to the report, OpenSea had been contacted first by the venture capitalists looking to invest.<\/p>\n\n\n\n

After a previous $1.5 billion evalutation in July after a $100 million funding round, OpenSea has, in the eyes of the investors, had over a 600% gain in value within only a few months. With the recent NFT boom, these figures seem to match up.<\/p>\n\n\n\n

In that time, record highs in NFT trading volume was achieved. With over $3 billion worth of trades were made in August alone, despite a gradual decrease in sales, upwards of $2 billion per month since August has held steady.<\/p>\n\n\n\n

\"Monthly<\/figure>\n\n\n\n

After a recent backlash when the then head of product Nate Robinson was found to have been using insider trading to purchase NFTs was thrown into public light, was consequently asked to resign soon after.<\/p>\n\n\n\n

Bouncing back from some bad news, OpenSea has kept strong. Is this $10 billion evalutation fair or should the biggest NFT trading platform be worth much more?<\/p>\n","post_title":"OpenSea Valued At $10B After Investment Offer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-valued-at-10b-after-investment-offer","to_ping":"","pinged":"","post_modified":"2022-02-16 21:43:25","post_modified_gmt":"2022-02-16 10:43:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=2297","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

OpenSea<\/a> has confirmed that they will be adding support for Solana ($SOL<\/a>) NFTs in April this year.<\/p>\n\n\n\n

OpenSea is the leading NFT marketplace. To date, OpenSea has sold<\/a> over US$23.5B in NFTs to over 1.4 million traders.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/opensea\/status\/1508851483449585670?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1508851483449585670%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fnews.bitcoin.com%2Fleading-nft-marketplace-opensea-to-add-solana-support-in-april%2F\n<\/div><\/figure>\n\n\n\n

The announcement made through Twitter dubbed \"the best kept secret in web3\" shows a bunch of users who are keen on the integration with the Solana Blockchain.<\/p>\n\n\n\n

Once the integration is completed in April, Solana will join Ethereum ($ETH<\/a>), Polygon ($MATIC<\/a>), and Klaytn ($KLAY<\/a>) as the fourth edition to the NFT marketplace.<\/p>\n\n\n\n

This news isn't new to some though. <\/p>\n\n\n\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":2297,"post_author":"1","post_date":"2021-11-18 22:43:08","post_date_gmt":"2021-11-18 11:43:08","post_content":"\n

OpenSea<\/a>, the leading NFT platform, has received offers from potential backers of the company at a valuation of $10 billion according to a report<\/a> from The Information.<\/p>\n\n\n\n

According to the report, OpenSea had been contacted first by the venture capitalists looking to invest.<\/p>\n\n\n\n

After a previous $1.5 billion evalutation in July after a $100 million funding round, OpenSea has, in the eyes of the investors, had over a 600% gain in value within only a few months. With the recent NFT boom, these figures seem to match up.<\/p>\n\n\n\n

In that time, record highs in NFT trading volume was achieved. With over $3 billion worth of trades were made in August alone, despite a gradual decrease in sales, upwards of $2 billion per month since August has held steady.<\/p>\n\n\n\n

\"Monthly<\/figure>\n\n\n\n

After a recent backlash when the then head of product Nate Robinson was found to have been using insider trading to purchase NFTs was thrown into public light, was consequently asked to resign soon after.<\/p>\n\n\n\n

Bouncing back from some bad news, OpenSea has kept strong. Is this $10 billion evalutation fair or should the biggest NFT trading platform be worth much more?<\/p>\n","post_title":"OpenSea Valued At $10B After Investment Offer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-valued-at-10b-after-investment-offer","to_ping":"","pinged":"","post_modified":"2022-02-16 21:43:25","post_modified_gmt":"2022-02-16 10:43:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=2297","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

See Related:<\/strong><\/em> OpenSea To Support Solana NFTs<\/a><\/p>\n","post_title":"Haas F1 Team Partners with OpenSea for NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"haas-f1-team-partners-with-opensea-for-nfts","to_ping":"","pinged":"","post_modified":"2022-11-07 21:18:21","post_modified_gmt":"2022-11-07 10:18:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8134","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4175,"post_author":"1","post_date":"2022-03-31 20:54:40","post_date_gmt":"2022-03-31 09:54:40","post_content":"\n

OpenSea<\/a> has confirmed that they will be adding support for Solana ($SOL<\/a>) NFTs in April this year.<\/p>\n\n\n\n

OpenSea is the leading NFT marketplace. To date, OpenSea has sold<\/a> over US$23.5B in NFTs to over 1.4 million traders.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/opensea\/status\/1508851483449585670?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1508851483449585670%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fnews.bitcoin.com%2Fleading-nft-marketplace-opensea-to-add-solana-support-in-april%2F\n<\/div><\/figure>\n\n\n\n

The announcement made through Twitter dubbed \"the best kept secret in web3\" shows a bunch of users who are keen on the integration with the Solana Blockchain.<\/p>\n\n\n\n

Once the integration is completed in April, Solana will join Ethereum ($ETH<\/a>), Polygon ($MATIC<\/a>), and Klaytn ($KLAY<\/a>) as the fourth edition to the NFT marketplace.<\/p>\n\n\n\n

This news isn't new to some though. <\/p>\n\n\n\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":2297,"post_author":"1","post_date":"2021-11-18 22:43:08","post_date_gmt":"2021-11-18 11:43:08","post_content":"\n

OpenSea<\/a>, the leading NFT platform, has received offers from potential backers of the company at a valuation of $10 billion according to a report<\/a> from The Information.<\/p>\n\n\n\n

According to the report, OpenSea had been contacted first by the venture capitalists looking to invest.<\/p>\n\n\n\n

After a previous $1.5 billion evalutation in July after a $100 million funding round, OpenSea has, in the eyes of the investors, had over a 600% gain in value within only a few months. With the recent NFT boom, these figures seem to match up.<\/p>\n\n\n\n

In that time, record highs in NFT trading volume was achieved. With over $3 billion worth of trades were made in August alone, despite a gradual decrease in sales, upwards of $2 billion per month since August has held steady.<\/p>\n\n\n\n

\"Monthly<\/figure>\n\n\n\n

After a recent backlash when the then head of product Nate Robinson was found to have been using insider trading to purchase NFTs was thrown into public light, was consequently asked to resign soon after.<\/p>\n\n\n\n

Bouncing back from some bad news, OpenSea has kept strong. Is this $10 billion evalutation fair or should the biggest NFT trading platform be worth much more?<\/p>\n","post_title":"OpenSea Valued At $10B After Investment Offer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-valued-at-10b-after-investment-offer","to_ping":"","pinged":"","post_modified":"2022-02-16 21:43:25","post_modified_gmt":"2022-02-16 10:43:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=2297","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n
  • \u201cIt\u2019s going to be exciting for us to take our first steps into the NFT environment and engage with OpenSea\u2019s passionate community. We have some fun ideas how we can do things differently,\"<\/em> stated Steiner.<\/li>\n<\/ul>\n\n\n\n

    See Related:<\/strong><\/em> OpenSea To Support Solana NFTs<\/a><\/p>\n","post_title":"Haas F1 Team Partners with OpenSea for NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"haas-f1-team-partners-with-opensea-for-nfts","to_ping":"","pinged":"","post_modified":"2022-11-07 21:18:21","post_modified_gmt":"2022-11-07 10:18:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8134","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4175,"post_author":"1","post_date":"2022-03-31 20:54:40","post_date_gmt":"2022-03-31 09:54:40","post_content":"\n

    OpenSea<\/a> has confirmed that they will be adding support for Solana ($SOL<\/a>) NFTs in April this year.<\/p>\n\n\n\n

    OpenSea is the leading NFT marketplace. To date, OpenSea has sold<\/a> over US$23.5B in NFTs to over 1.4 million traders.<\/p>\n\n\n\n

    \nhttps:\/\/twitter.com\/opensea\/status\/1508851483449585670?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1508851483449585670%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fnews.bitcoin.com%2Fleading-nft-marketplace-opensea-to-add-solana-support-in-april%2F\n<\/div><\/figure>\n\n\n\n

    The announcement made through Twitter dubbed \"the best kept secret in web3\" shows a bunch of users who are keen on the integration with the Solana Blockchain.<\/p>\n\n\n\n

    Once the integration is completed in April, Solana will join Ethereum ($ETH<\/a>), Polygon ($MATIC<\/a>), and Klaytn ($KLAY<\/a>) as the fourth edition to the NFT marketplace.<\/p>\n\n\n\n

    This news isn't new to some though. <\/p>\n\n\n\n

    Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

    \nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

    Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

    Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

    \"Solana
    Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":2297,"post_author":"1","post_date":"2021-11-18 22:43:08","post_date_gmt":"2021-11-18 11:43:08","post_content":"\n

    OpenSea<\/a>, the leading NFT platform, has received offers from potential backers of the company at a valuation of $10 billion according to a report<\/a> from The Information.<\/p>\n\n\n\n

    According to the report, OpenSea had been contacted first by the venture capitalists looking to invest.<\/p>\n\n\n\n

    After a previous $1.5 billion evalutation in July after a $100 million funding round, OpenSea has, in the eyes of the investors, had over a 600% gain in value within only a few months. With the recent NFT boom, these figures seem to match up.<\/p>\n\n\n\n

    In that time, record highs in NFT trading volume was achieved. With over $3 billion worth of trades were made in August alone, despite a gradual decrease in sales, upwards of $2 billion per month since August has held steady.<\/p>\n\n\n\n

    \"Monthly<\/figure>\n\n\n\n

    After a recent backlash when the then head of product Nate Robinson was found to have been using insider trading to purchase NFTs was thrown into public light, was consequently asked to resign soon after.<\/p>\n\n\n\n

    Bouncing back from some bad news, OpenSea has kept strong. Is this $10 billion evalutation fair or should the biggest NFT trading platform be worth much more?<\/p>\n","post_title":"OpenSea Valued At $10B After Investment Offer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-valued-at-10b-after-investment-offer","to_ping":"","pinged":"","post_modified":"2022-02-16 21:43:25","post_modified_gmt":"2022-02-16 10:43:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=2297","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

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    ADVERTISEMENT
    \n