OpenSea Launches Elite Trading Suite to Combat Blur Nemesis

OpenSea, the largest NFT marketplace, has taken a significant step in the NFT trading war by launching OpenSea Pro, a suite of trading tools aimed at combatting Blur, its nemesis. The rebranding of its existing trading tools, formerly known as Gem, and repackaging as OpenSea Pro, is an excellent move that will enable traders to access more than 170 listings in one location.

OpenSea Pro provides traders with a range of tools, including floor-sweeping options, inventory management, collection and trait offers, and more. With this move, OpenSea hopes to halt the loss of its user base, which had been drifting over to Blur in recent months.

What Are the Benefits of OpenSea Pro for Traders?

Unlike Blur's BLUR token, OpenSea is not offering a reward system. Instead, it plans to reward traders with NFTs, with the first NFT, Gemesis, available for claim to previous Gem users. It remains unclear what other NFTs OpenSea will provide, but there is hope for more creative tokens like exclusive access to tools or early minting access.

While OpenSea Pro has had a non-existent impact on the market since its launch, this is merely the beginning of a new phase for NFTs, with multiple marketplaces offering faster, more precise, and bulk trades. As NFTs lose value, they will eventually reach a price low enough for traders to trade NFTs like crypto. With a limitless inventory of NFTs and no stage charges, NFTs are supposed to be exchanged at high volumes, with brokers searching for small rate gains.

The future of trading NFTs is likely to happen on Layer 2 blockchains with lower gas fees. However, traders will always look for profit, no matter the market conditions.

Exciting Things to Come in the NFT Space

Despite the slow trading days since OpenSea Pro's launch, there is still plenty to celebrate in the NFT space, including 0% platform fees returning to OpenSea, new NFTs from Yuga Labs, Bitcoin Stamps, and remarkable blockchain art. Moreover, NFT NYC is set to take place next week, offering more opportunities for traders and enthusiasts alike to gather and discuss the future of NFTs. CryptoSlam and Forkast News will be at NFT New York City from April 12-14, with energizing news to declare. If you're attending, come by and say hello to the Slamfam!