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OpenSea Broadens its Horizons with New Arbitrum Update

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Source: Nftplazas / Russell

Omni-present NFT marketplace, OpenSea, has announced the imminent arrival of the Arbitrum layer 2 chain to its services. As a result, allowing those interacting with the forward-thinking network to list and trade their Arbitrum-based NFTs on its platform.

This latest development will see the number of chains supported by OpenSea reach the dizzy heights of five in total. Therefore, joining the ranks of Ethereum, Polygon, Solana and Klaytn as they peddle their digital wares on the marketplace, and enabling OpenSea to cast a wider net over the prevailing NFT landscape.

From the offset, OpenSea will list some of the most popular Arbitrum collections on the circuit, including offerings from Smolverse, GMX Blueberry Club and the formidable Diamond Pepes. However, OpenSea has noted that creators should locate their NFTs and set their own fees, preferably from day one.

All this comes as news surfaced that Arbitrum recently narrowly avoided a major breach on its Ethereum bridge. However, thanks to the timely intervention of white hat hacker, Riptide, the team managed to circumvent the disaster, with Riptide awarded an impressive 400 ETH bug bounty for his troubles.

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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.

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