- The largest NFT marketplace comes with a revolutionary solution to eliminate costly Ethereum gas fees.
What the entire Ethereum network has long been criticized for, and therefore costly gas fees, bother also the NFT’s largest marketplace has suffered, which, however, comes with a solution.
In addition to zero gas fee, the IMMUTABLE X protocol should have other key functions, such as no custodial risk, as users can keep their private keys or massive scalability up to 9,000+ TPS.
OpenSea Head of Product Nate Chastain also commented on the situation:
Integrating Immutable X enables us to offer users a gas-free trading experience without sacrificing the security of the Ethereum network,
We’re rolling this out for … future game developers and players on OpenSea who will benefit from this scaling solution.
This advancement of OpenSea is also supported by recent fundraise of $ 23M, to which well-known investors such as Naval Ravikant, Mark Cuban and Tim Ferris have contributed.