OpenSea Announced Kicking Off The Solana Launchpad

To enable producers to host a new mint from start to finish on the NFT marketplace, OpenSea announced the creation of the Solana launchpad. The official blog article states that in addition to helping creators with all post-mint and secondary sales, OpenSea will advise them on handling all pre-mint activities and allowlist minting for their community and fans. The objective of enabling users to have custody of their NFTs is to create “the best Solana experience” inside the NFT ecosystem. “We’re excited to start this program with two Solana creators as part of our launchpad experience. We are excited to launch and learn with these first drops, and we’re committed to expanding primary drops on OpenSea.” OpenSea Supports Solana Three months after OpenSea turned on support for Solana, the development happened. One of the biggest winners from the bull run that occurred in 2020 and 2021 has been the NFT giant. It recently raised hundreds of millions of dollars from investors at a valuation of $13.3 billion. However, a good amount of drama has been attracted by the growth. One of the company’s former product managers was charged with insider trading by the US Justice Department and detained earlier last month. Several leading sector businesses reduced their staff after the big decline in the cryptocurrency market to prepare for the coming crypto winter. The same was true of OpenSea. Last week, the marketplace revealed the lay-off of ...