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OpenSea launches 'Seaport' ​​marketplace protocol allowing NFT bartering

Published 05/20/2022, 05:29 PM
Updated 05/20/2022, 07:20 PM
OpenSea launches 'Seaport' ​​marketplace protocol allowing NFT bartering

Nonfungible token marketplace OpenSea has announced the launch of a Web3 marketplace protocol for “safely and efficiently buying and selling NFTs.”

In a Friday blog post, OpenSea said the marketplace protocol, dubbed Seaport, will give users the option to obtain NFTs by offering assets other than just payment tokens like Ether (ETH). According to the platform, a user “can agree to supply a number of ETH / ERC20 / ERC721 / ERC1155 items” in exchange for an NFT, implying bartering a combination of tokens as a method of payment.

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