OpenSea's version of Blur is here: the new gem has become OpenSea Pro.

Author: Cookie, BlockBeats

Recently on March 29th, Gem announced that they have approved 50,000 applications for Gem V2 testing. Just a few days ago, someone on Gem's Discord server was asking about the qualifications for Gem V2 testing.

Today, the transformation happened so suddenly... Now, the former king of NFT trading aggregators, Genie, and Gem are no longer the same. Genie has become Uniswap NFT, while Gem has become OpenSea Pro.

Meanwhile, Gem has also released the Gemesis NFT series to thank Gem users for their support along the way. Users who have used Gem to purchase NFTs before March 31, 2023 can Free Mint 1 Gemesis NFT (claim link). According to OpenSea's official instructions, the earlier you use Gem, the higher the "level" of Gemesis NFT you will receive. In addition, OpenSea also mentioned in its official instructions that it is planning to use NFTs as rewards for "community rewards", and Gemesis NFTs are not related to "community rewards".

What are the highlights of OpenSea Pro (Gem V2)? The author summarizes their experience using OpenSea Pro (Gem V2) during a period of time for you.

Real-time data stream, really fast

OpenSea claims in its official introduction video that OpenSea Pro has the fastest real-time data updates for NFT collections. Although specific data comparisons are not listed, the author used OpenSea Pro to hunt for bargains after the Nakamigos public sale and found that the experience was better than Blur (faster listing and image loading). When writing this article, the author also compared OpenSea Pro and Nakamigos again, and this time the real-time data streaming efficiency of the two was equally good.

Compared to Blur, OpenSea Pro also provides Mint monitoring function. With this function, we can observe the Mint trend of new NFT projects on the Ethereum network in real time, which is very helpful for mining short-term popular projects. In addition to OpenSea Pro, Magically.gg also provides Mint monitoring function.

Mint Monitoring Function

More complete user experience

Compared to Blur, OpenSea Pro not only focuses on improving the "user experience at the transaction level", but also retains some basic functions that users need on OpenSea, not "biased", playing the "general field". In addition to "optimizing the mobile experience", OpenSea Pro has also put in effort in the following areas:

Support for ERC-1155 NFT series

Blur is still too slow. Both OpenSea Pro and Magically.gg support ERC-1155 NFT series, but OpenSea Pro is far superior in the design of the ERC-1155 NFT series interface compared to Magically.gg.

Nyan Balloon has various colors of balloons. On OpenSea Pro, users can quickly select the color of the balloon they want and specify the purchase quantity, all at a glance.

Magically.gg, although also supports the "sweeping" of ERC-1155 NFTs, is not very suitable for the needs of players when purchasing ERC-1155 NFTs.

Instant Sell

This feature automatically aggregates the best offers from various NFT markets, allowing users to sell their NFTs as quickly as possible. According to OpenSea's official statement, OpenSea Pro aggregates over 170 NFT markets. For users who urgently need to get rid of their images, Instant Sell is a pretty good feature.

Instant Sell

Batch Transfer

Neither Blur nor Magically.gg provide users with the "transfer NFT" function, while OpenSea Pro retains the bulk transfer function on OpenSea. While meeting the trading needs of Pro Traders, it has not forgotten the basic functions that all NFT players need.

Batch transfer

Gas Optimization

The author tried to purchase 2 Gemesis on Blur and OpenSea Pro with the same Gas setting, and the difference in Gas was still quite noticeable.

OpenSea Pro

Blur

Potential Airdrops

Previously, there was a "tracking your activity on Gem to score" prompt on the Gem V2 page, and now the prompt still exists on the OpenSea Pro page.

Regarding the rules of scoring, the Gem team has been tight-lipped and only revealed on Discord that "buying and selling NFTs is not the only activity that is scored." As for whether the activities of Gem V1 will be scored, the author has not found a clear answer and only received a response of "there is currently no relevant information."

"Buying and selling NFTs is not the only activity that is scored."

As for what the reward will be? NFT? Or $GEM? These are still unknown and require waiting for an official announcement from OpenSea.

Conclusion

Gem transforms into OpenSea Pro, and OpenSea is now launching a "positive counterattack" against Blur. Blur has just experienced the controversy of "double points extension", and facing the fierce competition from OpenSea Pro, it should accelerate its pace.

OpenSea Pro has made up for OpenSea's shortcomings in "trading experience", which to some extent reflects that the "technical barriers" between NFT markets are not high, and also clarifies that "trading experience" is the focus that various NFT trading markets need to work on at this stage. Previously, the author had been thinking about how OpenSea, holding the card of Gem, should integrate these two products. Now, OpenSea has given the answer - Collectors and Traders are both important groups in the NFT market, and different forms of products should be provided for groups with different needs. OpenSea Pro will maintain "0 transaction fees" at this stage to meet the needs of high-frequency trading by Traders, while OpenSea will resume a 2.5% transaction fee and focus on improving three aspects: project discovery, helping creators better settle in and issue projects, and expanding more widely accepted payment methods.

High-level competition is not only visually appealing, but also encourages experts to become stronger. In the fierce competition of the NFT market, we have gained a better user experience, made profits, and had fun.

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