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Reading: OpenSea Launches Seaport 1.6 for Next-Gen NFT Marketplace
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COINTURK NEWS > NFT News > OpenSea Launches Seaport 1.6 for Next-Gen NFT Marketplace
NFT News

OpenSea Launches Seaport 1.6 for Next-Gen NFT Marketplace

In Brief

  • OpenSea announces the launch of Seaport 1.6 protocol.

  • New feature 'Seaport hooks' introduced, enabling developer applications.

  • First Seaport hook application expected to launch in April.

COINTURK NEWS
COINTURK NEWS 2 years ago
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OpenSea made an announcement today, revealing the launch of Seaport 1.6, a new generation NFT marketplace protocol within the EVM ecosystem. They also introduced a new feature called Seaport hooks. Similar to Uniswap v4 hooks, Seaport hooks allow developers to create applications that enhance the utility and liquidity of NFTs. The first Seaport hook application is expected to be released in April.

OpenSea Takes a Significant Step

OpenSea and the Seaport Working Group announced today the latest generation of the most advanced NFT market protocol in the EVM ecosystem, Seaport 1.6. The announcement included the following statement:

“Seaport 1.6 offers a new capability called Seaport hooks, enabled by the latest upgrade of Ethereum Dencun. Similar to Uniswap v4 hooks, Seaport hooks will allow developers to create applications that significantly increase the utility and liquidity of NFTs.”

OpenSea also stated that Seaport hooks will enable developers to create:

  • NFTs that change or “increase” in features based on the price or volume at which they are purchased.
  • NFTs that can only be purchased with certain currencies or other NFTs.
  • Price indicators for automatically priced NFTs.
  • Price oracles for NFTs.

Finally, OpenSea also announced that Seaport 1.6 will be up to 5% cheaper in terms of gas for certain actions compared to Seaport 1.5, resulting in savings.

You can follow our news on Telegram, Facebook & Coinmarketcap & X
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 21 March, 2024 - 12:20 pm 21 March, 2024 - 12:20 pm
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