Trader john.weth has given an exclusive first look at the beta version of the new OpenSea.
Trader john.weth has given an exclusive first look at the beta version of the new OpenSea, showcasing updates designed to enhance the user experience, improve efficiency, and boost community engagement. While the functionality is still in the testing phase, these updates have sparked user interest—though not without some nuances.
Updated UI. The homepage now displays collections with the highest trading volume over 24 hours, top sales, and trending projects.
Wallet Activity Section. The section has become more informative. Users can now see all ongoing actions for a selected wallet on a single page.
Leaderboard with Rewards. For the first time, a reward system for providing liquidity to top collections will be introduced.
Loyalty Program (Farming). Participants listing exclusively on OpenSea will earn maximum XP. The more active the user, the higher the multiplier.
Retroactive Rewards. The OpenSea team promises to reward users who have previously interacted with the platform, although specific details remain undisclosed.
Users have noted similarities with OpenSea Pro features, particularly in trading mechanics and wallet management. They also hope for changes to the WETH trading mechanism, potentially implemented via a smart contract similar to BLUR pools.
If the team continues at this pace, OpenSea could regain significant liquidity on the platform. Experts believe that an announcement of a venture funding round or potential partnership with a major player like Coinbase could further strengthen its position.
