NFT Marketplace OpenSea Adds Support For Abstract Network

By: cryptosheadlines|2025/05/15 15:00:13
0
Share
copy
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Join Our Telegram channel to stay up to date on breaking news coverageOpenSea, one of the largest non-fungible token market platforms, has successfully added support for the Abstract blockchain network. This integration now gives its crypto users a good chance to mint top Abstract-based NFT collections, including the Abstract Pepes and Abstract Punks NFT collections. The OpenSea NFT marketplace now supports nearly twenty blockchain networks on its platform.Abstract NFTs Go Live On OpenSea MarketplaceIn a May 14 blog post, the OpenSea NFT team confirmed adding support for the Abstract blockchain network on its platform. This integration came just a few months after the NFT market platform added support for the Ronin, an Ethereum Virtual Machine (EVM) blockchain network created by Sky Mavis, the NFT company behind the popular Axie Infinity non-fungible token game.Where cultural relevance meets community.@AbstractChain NFTs and tokens are now live on OpenSea. pic.twitter.com/BaThDyGW4G— OpenSea (@opensea) May 13, 2025Launched in 2017, OpenSea is a non-fungible token market platform that allows crypto users to buy, sell, create, and trade NFTs. This platform has rapidly grown to become one of the largest NFT trading platforms, with more than three million active users and a daily trading volume of about $4.5 million as of January 2024. OpenSea is also a non-custodial platform, allowing users complete control and access to cryptocurrency wallets.On the other hand, Abstract Network is a Layer 2 blockchain network built on top of the Ethereum mainnet, specifically designed to be a consumer-friendly, scalable, and low-cost alternative for blockchain applications. It utilizes zero-knowledge (ZK) rollup technology to achieve high speeds and low fees by processing transactions off-chain and verifying them on Ethereum using ZK proofs.The Abstract blockchain network was created by Igloo Inc., the parent company of the Pudgy Penguins. Launched in 2021, Pudgy Penguins is a non-fungible token project featuring a fixed set of 8,888 unique, hand-drawn penguin avatars on the Ethereum blockchain network. Each Pudgy Penguin NFT has distinct traits and attributes, making them highly collectible. Igloo is also the team behind Lil Pudgy, an NFT collection featuring a limited edition of 22,222 NFTs.OpenSea Now Supports 19 NFT BlockchainsEarlier this year, the OpenSea NFT marketplace announced plans to integrate over 20 blockchain networks as part of its broader marketing strategy of making itself the go-to platform for all NFT products. Previously, OpenSea supported 18 different blockchain networks for NFT trading and creation. These include Ethereum, Polygon, Klaytn, Arbitrum, Optimism, Avalanche, Zora, Base, Blast, Sei, B3, Berachain, Flow, ApeChain, Soneium, Shape, Unichain, and Ronin. Opensea now supports 19 blockchain networks.Related NFT News:Best Wallet – Diversify Your Crypto Portfolio Easy to Use, Feature-Driven Crypto WalletGet Early Access to Upcoming Token ICOsMulti-Chain, Multi-Wallet, Non-CustodialNow On App Store, Google PlayStake To Earn Native Token $BEST250,000+ Monthly Active Users Join Our Telegram channel to stay up to date on breaking news coverageSource link

You may also like

What Is Vibe Coding? How AI Is Changing Web3 & Crypto Development

What is vibe coding? Learn how AI coding tools are lowering the barrier to Web3 development and enabling anyone to build crypto applications.

The parent company of the New York Stock Exchange strategically invests in OKX: The intentions behind the $25 billion valuation

Continuous cases show that cryptocurrency exchanges are becoming a battleground for traditional finance and tech giants, while also serving as an important stronghold for entering the strategic landscape of Web3.

WEEX P2P update: Country/region restrictions for ad posting

To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.

 

I. Overview

When publishing P2P ads, advertisers can now set the following:

Allow only counterparties from selected countries or regions to trade with your ads.

With this feature, you can:

Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.

 

II. Applicable scenarios

The following are some common scenarios:

Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.

 

III. How to get started

On the ad posting page, find "Trading requirements":

Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.

 

When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:

If you encounter this issue when placing an order as a regular user, try the following solutions.

Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.

 

IV. Benefits

Compared with ads without country/region restrictions, this feature provides the following improvements.

Aspect

Improvement

Trading security

Reduces abnormal orders and fraud risk

Conversion efficiency

Matches ads with more relevant users

Order completion rate

Reduces failures caused by incompatible payment methods

V. FAQ

Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.

 

Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.

 

Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.

What are the key highlights of this year's Ethereum's most important upgrade, the Glamsterdam upgrade?

The Ethereum Race Against Time, Perhaps Truly a Quest for Revival

March 6 Key Market Update You Can't Miss! | Alpha Morning Report

.Top News: Recent Developments in US-Iran Conflict, Military Action to Escalate Further, Trump Rejects Soleimani's Son Taking Over Token Unlock: $W, $RED

Sell Nvidia, Buy Power Plant: 27-Year-Old AI Investor Earns $5 Billion in One Year

The essence of investment is to find price dislocation in the future that has already arrived but is not yet evenly distributed.

Popular coins

Latest Crypto News

Read more