MACHINE LEARNING ALGORITHM

Now

Now, the marketplace leader’s move to Seaport would save us 35% in gas fees per year. A one-time setup fee would also be waived for new accounts. Well, say

OpenSea has moved to the “Seaport Protocol,” a new smart contract that the NFT marketplace says will allow its 1.8 million users to save money on Ethereum gas fees.

Launching Seaport & Saving the Community Millions in Fees

Opensea Is The Largest Name

OpenSea Moves to Seaport Protocol in Move to Cut ETH Gas Fees

OpenSea is the largest name when it comes to NFT marketplaces: their name has become synonymous with the NFT space, OpenSea Moves to Seaport Protocol

Why Opensea Moved To Seaport Protocol? - altcoinbuzz.io

OpenSea moves to Seaport protocol in effort to reduce gas fees

OpenSea Moves to Seaport Protocol to Cut Ethereum Gas Fees by

Here's how OpenSea gas fees would reduce by 35% - watcher.guru

The Whole Nft Fervor Has

The whole NFT fervor has certainly slowed down. Amidst this, NFT marketplaces like OpenSea have been recording a downfall in terms of transaction volume.

Leading NFT marketplace OpenSea has announced a migration to a new marketplace protocol called Seaport that will allow users to save around 35% on gas fees.

OpenSea Migrates to Seaport Protocol, Reducing Gas Fees by

You

With the Seaport contract, users will be able to save roughly 35% on gas, the company said. And new accounts will no longer require that one-time “setup fee” OpenSea previously charged.

OpenSea created the first version of the protocol, which could lower gas fees by 35% for transactions, the blog read. Furthermore, based on last year's data, the switch to

You’ll save an estimated 35% in gas fees for transactions using Seaport. Based on last year’s data, that would amount to more than $460m in total savings (138k in