OpenSea

Something Fishy is Happening on OpenSea as Bots Upset NFT Auctions
The NFT marketplace OpenSea has been on a tear — at 14.61%, its primary smart contract has consumed more gas than any other on Ethereum in the last 24 hours, according to block explorer Etherscan. But there’s something strange going on in OpenSea’s waters. Ethereum wallets appear to be canceling orders at a surprising rate on…

Venture Round Led by a16z Makes OpenSea Latest NFT Unicorn
The NFT marketplace OpenSea has reached a $1.5B valuation after a $100M Series B funding round led by a16z. This makes OpenSea the newest NFT-based unicorn, or a privately held startup company valued over $1B. A16z also led OpenSea’s $23M Series A round in March. This year, the venture giant also invested in Dapper Labs,…





