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OpenSea Update Will Allow Users to Bulk Upload or Purchase NFTs

Users will be able to add up to 30 items to their shopping cart during a single transaction. This will enable them to purchase them...
opensea bulk upload and purchase NFTs
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Users will be able to add up to 30 items to their shopping cart during a single transaction. This will enable them to purchase them all at once and also to be able to upload 30 NFTs.

OpenSea is a digital marketplace for crypto collectibles and non fungible tokens (NFTs). announced via a series tweets on Oct. 5, that its users will be able to bulk list and purchase up to 30 digital collectibles in one flow.

The platform allows bulk purchasing. Users can add up to 30 items from the exact same chain to their cart and then complete their purchase in one transaction. 

This will reduce gas costs and make the process more efficient and streamline. According to the Opensea.

You can access bulk listings in your collection tab by hovering over an item card and clicking the “+” symbol or clicking the “list for sale” drop-down. Then you can select up to 30 items from the list.

Cointelegraph reported September that OpenSea launched an immersive initiative that allows creators to launch NFT collections from their own customized and dedicated drop pages. This will enable them to be more visible and discoverable on the new marketplace homepage.

The same month, Warner Music Group (WMG), a global music and entertainment company, announced a partnership to the NFT marketplace to offer a platform for selected musical artists to grow and expand their fanbases into the Web3 community.

OpenSea’s volume is dropping dramatically, and the platform has seen a dramatic drop in daily and monthly transactions. These innovations to the platform came at a time when OpenSea was experiencing a lot of disruption. From processing \$405.75M transactions on May 1, to processing only \$5 million of NFT transactions, the marketplace processed just \$5 million on Aug. 28.

Felipe Rodriguez

Felipe Rodriguez

Felipe states he has super powers, some argue that case but he does come up with some very clear predictions. Felipe is based in the US and frequently travels to Brazil where he was born. He is a journalist of the future and has a portfolio of crypto projects he has worked with. Felipe always says "The future doesn't scare me as much as the past, crypto is here to stay but only time will tell where it will take us".
Felipe Rodriguez

Felipe Rodriguez

Felipe states he has super powers, some argue that case but he does come up with some very clear predictions. Felipe is based in the US and frequently travels to Brazil where he was born. He is a journalist of the future and has a portfolio of crypto projects he has worked with. Felipe always says "The future doesn't scare me as much as the past, crypto is here to stay but only time will tell where it will take us".

© 2022 The Daily Encrypt. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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