OpenSea, the world’s largest NFT marketplace, has announced its acquisition of Gem, a blockchain software company that builds developer tools for Ethereum-based applications. This acquisition will help OpenSea invest in more advanced tools and features for experienced NFT users while also expanding its offerings to people of all levels of experience.

Mission to Bring Power and Potential of NFTs to More People

OpenSea’s mission is to bring the power and potential of NFTs to more people around the world. As the NFT community grows, the company recognizes the need to better serve more experienced “pro” users and offer more flexibility and choice to people at every level of experience. With the acquisition of Gem, OpenSea plans to invest in a “pro” experience, offering more flexibility and choice to users at every level of experience.

Advanced Features for OpenSea Pro

OpenSea Pro is the new platform for experienced NFT users, offering advanced features such as batch transfers, gas optimizations, and on-chain history tracking. The platform will also provide advanced trading tools and analytics, making it easier for users to navigate and manage their NFT portfolios.

According to Devin Finzer, the co-founder and CEO of OpenSea, “Gem has built a best-in-class product for Ethereum developers, and we’re excited to bring that expertise to our community of NFT creators and collectors. By building more advanced tools and features, we can help our users get even more out of the NFT ecosystem.”

Part of OpenSea’s Larger Efforts to Grow and Expand

The acquisition of Gem is part of OpenSea’s larger efforts to grow and expand its platform. With over $100 million in funding to date and record-high NFT sales, OpenSea hopes to continue leading the way in the NFT market and providing the best possible experience for all users.

In conclusion, OpenSea’s acquisition of Gem will help the company invest in a “pro” experience, offering more flexibility and choice to users at every level of experience. OpenSea Pro will provide advanced features and tools for experienced NFT users, while OpenSea continues to expand its offerings to people of all levels of experience. With the addition of Gem’s technology and expertise, OpenSea hopes to continue leading the way in the NFT market and providing the best possible experience for all users.