OpenSea and Solana Blockchain Integration Is Already Live April 8, 2022 April 8, 2022 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsApril 8, 2022 by Kelly Cromley

OpenSea and Solana Blockchain Integration Is Already Live

The OpenSea Solana beta is now available for download. As a result, NFTs can be bought sraight through the platform of OpenSeas. Users have already been eagerly waiting for Solana NFTs to be featured on OpenSea for quite some time. Solsea, Magic Eden, and Solanart are the three leading Solana-exclusive NFT markets. After their respective inception, these three markets have dominated the sector.

Solana is a cost effective blockchain with ability to process several thousands of transactions in a second. The formidable Ethereum rival, to a certain extent. The only distinction between Ethereum and Solana is that the latter is centralized, but its network has much reduced transaction fees.

When you purchase Solana NFTs on OpenSea instead of any other marketplaces, your NFTs remain in your wallet until you list for selling them. When you advertise the sale of an NFT on a typical Solana marketplace, it departs the digital wallet. However, the ownership is changed only after the NFT gets sold; it will just not appear in a Solana wallet.

The feature is currently in beta. They are planning a complete debut, but meanwhile, they have published this beta version. OpenSea is asking for comments on the user interface and interaction. Interested users must first log in to their Solana wallet in order to see whether the NFTs are on OpenSea. A Solana wallet is similar to MetaMask, nevertheless it only stores Solana NFTs.

Phantom is one of the popular Solana wallets. Having stated that, this is OpenSeas’ foremost integration of NFTs that are not based on the Ethereum blockchain.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.