OpenSea launches advanced NFT marketplace aggregator

by · April 4, 2023

OpenSea launches advanced NFT marketplace aggregator

NFT marketplace OpenSea has unveiled OpenSea Pro, the new NFT (nonfungible token) marketplace aggregator aimed at serving the needs of professional users. OpenSea’s acquisition of NFT aggregator Gem in April 2022 enabled it to develop and refine Gem’s platform to create the new OpenSea Pro.

According to the announcement, OpenSea Pro seeks to offer a new level of choice, selection and control for professional collectors. The platform plans to offer a suite of enhanced features that allow collectors to discover the best deals and insights across 170 marketplaces and access sophisticated tools that meet their automation needs.

In addition, OpenSea Pro has introduced an “advanced order” feature that allows users to “swipe the deepest liquidity of any NFT marketplace aggregator”, giving users more control over their purchases. OpenSea Pro is also mobile compatible and optimized for mobile devices, allowing users to browse, swipe and list from their phones.

The platform shared that users can list on OpenSea with 0% fees through OpenSea Pro for a promotional period, with no additional fees. To express gratitude to Gem’s early adopters, the Gem team is giving a special “thank you” in the form of a Gemesis NFT release to coincide with the launch of OpenSea Pro. Eligible users who purchased an NFT on Gem before March 31st can claim a free Gemesis NFT until May 4th.

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In 2022, OpenSea acquired Gem for an undisclosed amount to improve the experience of its more experienced “pro” users. Gem enabled traders to buy NFTs across different pools and multiple marketplaces in a single transaction, reducing gas fees.

In February, OpenSea implemented a strategy to win back the NFT user base, which had been lost to rival NFT marketplace Blur. Blur had surpassed OpenSea in daily Ether (ETH) trading volume as users sought a trading platform that favored their NFT investments. To counter this, OpenSea implemented a 0% fee policy to attract users back to the platform.