Starting March 25, OpenSea will move to processing orders with Seaport 1.6, moving away from Seaport 1.5, which will stop accepting API submissions during April.
The introduction of Seaport 1.6 heralds a new era in trading technology for NFTs, primarily through Seaport's novel “hooks” functionality.
Seaport 1.6 Advanced Features
Seaport 1.6 introduces a revolutionary update to the nft market. It leverages the power of the ethereum Virtual Machine (EVM) to incorporate features inspired by ethereum's Denizen and parallels the innovations of Uniswap v4.
The protocol streamlines nft transactions by incorporating custom contracts at the time of sale, speeding up transactions and improving market dynamics. Improving metadata accuracy and pricing strategies make transactions faster, more transparent, and fairer.
By integrating 'hooks', developers are offered unparalleled flexibility to create dynamic NFTs that adjust to sales conditions, accept multiple currencies, and use automated pricing strategies.
Additionally, users can enjoy up to 5% gas savings on transactions, benefiting both creators and collectors without compromising platform performance or user experience.
With Seaport 1.6, OpenSea improves its marketplace to be more dynamic and efficient, catering to the changing needs of nft trading.
They want more? Connect with nft Plazas
Subscribe to our newsletter
Join our discord
Follow us on Twitter
Like us on Facebook
Follow us on Instagram
*All financial/investment opinions expressed by nft Plazas come from the personal research and experience of our site moderators and are intended to be educational material only. People should thoroughly research any product before making any type of investment.
!function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod?n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′;n.queue=();t=b.createElement(e);t.async=!0;t.src=v;s=b.getElementsByTagName(e)(0);s.parentNode.insertBefore(t,s)}(window,document,’script’,’https://connect.facebook.net/en_US/fbevents.js?v=next’);