In brief
OpenSea is working on Solana integration, as well as @Phantom wallet support pic.twitter.com/ZEefshKSY1
— Jane Manchun Wong (@wongmjane) January 25, 2022
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4.22%Reading
Leading NFT marketplace OpenSea is primarily focused on EthereumEthereum, but support for the rising Solana NFT ecosystem could be right around the corner as newly-leaked screenshots suggest.
The screenshots come from Jane Manchun Wong, a well-known blogger and hacker who has gained notoriety for discovering tech features from the likes of Twitter, Facebook, and Instagram well before they’re officially announced.
Wong’s screenshots, shared today via Twitter, show OpenSea supporting the popular Solana wallet, Phantom, as well as displaying Solana as one of the supported blockchainsblockchains alongside current options Ethereum, Polygon, and Klaytn.
OpenSea is working on Solana integration, as well as @Phantom wallet support pic.twitter.com/ZEefshKSY1
— Jane Manchun Wong (@wongmjane) January 25, 2022
Wong told Decrypt that she found the shared references to Solana while reverse-engineering OpenSea’s website. She added that there were other references outside of mentions within the user interface and that “they did try to hide it, though.”
When asked for comment, an OpenSea representative called it "old speculation" and pointed to a previous purported leaked screenshot showing Solana support on the site. The representative said that OpenSea would "comment if or when we have something to say."
Ethereum makes up the vast majority of the burgeoning wider NFT market, which hit $23 billion worth of trading volume in 2021, per data from DappRadar. OpenSea is the leading marketplace, routinely generating billions of dollars’ worth of trading volume each month of late, and recently revealing a $13.3 billion valuation following its latest funding round.
The leading NFT marketplace OpenSea announced Tuesday it has raised $300 million in a Series C funding round and is now valued at $13.3 billion. The round was led by venture capital firms Paradigm and Coatue. KRH, the current holding name for the new fund from former Andreessen Horowitz general partner Katie Haun, also confirmed to Decrypt it participated in the round; a16z participated in both the Series A and Series B, and Haun holds a board seat on OpenSea. In a blog post announcing the fundi...
However, the Solana NFT ecosystem has gained steam since last fall thanks to leading collections like Solana Monkey Business and Degenerate Ape Academy. Solana NFTs have generated more than $1.2 billion in trading volume to date, according to the makers of the platform’s Metaplex NFT standard. Notable Solana NFT marketplaces include Magic Eden and FTX NFTs.
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While crypto gaming has long been seen as a key use for blockchain, letting gamers really own and freely trade their unique items and perhaps profit from a game's success, developers are struggling to sustain their games and digital economies. Some games, like Gunzilla Games’ Off the Grid, have punched through to a broader audience, gaining adoption from top streamers and gamers alike—albeit ahead of full blockchain integration. But many other games and studios building with tokens are strugglin...
Yuga Labs is serious about refocusing on the Bored Ape Yacht Club, the Otherside metaverse game, and related projects. On Friday, the crypto startup said that it had sold off yet another previously acquired NFT project IP, dumping the Moonbirds property that it purchased just over a year ago. The buyer is Orange Cap Games, a young gaming startup that builds digital and physical trading card games. The firm's first game, the Pudgy Penguins-themed Vibes TCG, launched on Ethereum layer-2 network Ab...