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OpenSea 2.0 is expected to be released with a new interface

NFT: OpenSea 2.0 is expected to be released with a new interface

OpenSea CEO Devin Finzer has confirmed that they are working on a new version of the NFT marketplace. Once OpenSea 2.0 is released, users will have various options related to searching, selecting and trading non-functional tokens (NFTs).

According to data from the Dapp Radar platform, NFT trading volume on OpenSea has declined by nearly 11% over the past 30 days. With a total volume of $105.7 million, OpenSea currently ranks fourth among NFT trading platforms.

OpenSea 2.0 is expected to be released with a new interface
Trading volume on OpenSea's NFT platform has dropped nearly 11% in a month. Source: Dapp Radar.

In 2023, NFT sales dropped significantly by 63%, as reported by CryptoSlam. Meanwhile, the value of #bitcoin increased by 160% during the same period.

The head of OpenSea believes that the industry needs to move beyond viewing NFTs solely as collectible images. The platform update aims to provide customers with an improved user experience and clearer differentiation between NFT categories as new #tokenization options are developed.

"We aim to create an interface that allows users to customize tokenization options. For example, we plan to integrate NFT tickets into a calendar with the ability to sort by date"Finzer said.

According to the director of the #NFT marketplace, in the new version of the platform, developers have made improvements in detecting fake token collections and malicious links. #Ethereum remains the preferred choice for token creation and storage, especially with the launch of L2 networks, as stated by the OpenSea CEO.

It is currently known that the market value of #OpenSea has experienced a significant drop of 90%. In October 2023, one of the company's employees was accused of #fraud to the tune of $60 million dollars. As a result, management announced a 50% layoff in November.

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