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OpenSea 2.0 Set for December Launch: Revamped NFT Platform to Feature BTC Ordinals, User Rewards

  • NFT marketplace OpenSea is set for a revamp in December to introduce Bitcoin Ordinals support.
  • The revamped OpenSea will feature a completely new platform and introduce rewards for users holding Gemesis NFTs.
  • Speculations suggest that OpenSea may be developing an Ethereum Layer 2 chain for cost reduction and faster transactions.
  • OpenSea has been facing declining sales volume, regulatory challenges, and stiff competition from platforms like Blur.

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