With this, OpenSea has moved towards a multi-chain feature. “Solana has emerged as a leading blockchain for NFTs over the past year. We share its vision of a scalable NFT ecosystem,” OpenSea explained in a blog post. For this launchpad, OpenSea has initially tied up with Monkai and Zoonies, two NFT makers from Solana. Monkai gives holders the opportunity to participate in the making of Monkai anime through the Monkai Decentralized Autonomous Organization. Zoonies is associated with the Alien-Like NFT Collection.
“With this launchpad, we aim to create a better experience for Solana in the NFT ecosystem,” OpenSea said. The fall in the crypto market has also affected the sales of NFTs. Monthly sales volume on OpenSea fell to nearly $700 million in June, from about $2.6 billion in the previous month.
Data from NonFungible.com, which tracks sales on the blockchains Ethereum and Ronin, shows that average NFT sales fell to around $412 at the end of June, from about $1,754 at the end of April. A Reuters report quoted NonFungible.com co-founder Gauthier Zuppinger as saying, “The slowdown in the crypto market has certainly had an impact on the NFT. We have seen a lot of speculation about this type of asset. It is understood that they cannot become millionaires in two days from this.” The popularity of NFTs is increasing. Sports clubs, automobile companies and pop stars are also getting into this business. A recent survey by financial services company Mastercard of nearly 35,000 people in 40 countries found that about 45 percent of these people have bought or may consider buying NFTs.
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