ZORA Network is a well-known name among NFT enthusiasts. NFT, popularly known as a non-fungible token, is a digital piece of art with unique characteristics held by its true owner. OpenSea adding support for ZORA Network is a milestone that is worth celebrating since it gives the community another platform to buy and sell their favorite NFTs.
Moreover, users of ZORA Network gain access to valuable NFT tools by OpenSea. These will enable them to seamlessly deploy their creations on the network. Needless to say, there will be no restrictions on the number of tools that can be accessed by ZORA Network.
The announcement was made by ZORA Network and OpenSea. The recently added NFT marketplace is one of the 45+ NFT marketplaces on the list. Others include Rainbow, Sound, and Gallery, to name a few. What makes OpenSea stand out on the list is its reputation in the industry.
Simply put, OpenSea is more than just a name for NFT enthusiasts. It is by far the largest NFT marketplace in the world. Many come closer to it or even match the level. However, OpenSea continues to remain a favorite destination for the majority of NFT collectors and traders. Many of them even begin their journey into the world of exploring digital collectibles from OpenSea, courtesy of its user-friendly interface.
The NFT marketplace is synonymous with generating the majority of the organic NFT trading volume, only facing a threat from Blur. The platform surpassed OpenSea earlier this year via the offering of tokenized trading incentives.
OpenSea has not stopped innovating. This is evident from the update that the official webpage clearly helps users to redirect to the category they want to explore. NFTs range from a variety of categories, discovering the same could be cumbersome. OpenSea makes it convenient by displaying the categories – photography, music, art – right at the top of the webpage.
A couple of notable collections on OpenSea at the time of articulating this piece are GutterMelo, lil clowns, and GRIDS By Tristan Rettich.
Zora, founded in 2020, is now a platform that enables users to mint NFTs and build boutique NFT marketplaces. It was initially driven by the ideology of functioning as a service of offering infrastructure to artists for the purpose of selling on-chain and digital tokens attached to physical items & artwork. ZORA Network is now eyeing to grow in the market. It has transitioned to a layer-2 scaling solution from Ethereum, making minting cheaper by 25 times. This was informed by Jacob Horne, the Co-Founder & Chief Executive Officer of ZORA Network, at the time of interacting with the press.
Jacob has also highlighted that the market is now ready to direct its energy to a network that is dedicatedly built for art & media. This will facilitate experimentation and innovation for the community, thereby fueling the growth of the NFT sphere.
The collaboration of ZORA Network and OpenSea is now live. Fruitful results from their collective efforts should start coming to everyone’s notice in the days to come.