OpenSea, a number one market for digital collectibles and non-fungible tokens (NFTs), has introduced help for Arbitrum Nova, a Layer 2 blockchain that goals to supply low-cost information availability.
Arbitrum Nova, a brand new addition to the Arbitrum ecosystem, is meant to be the premier selection for Web3 gaming and social purposes. Along with Arbitrum One, which is appropriate for DeFi and NFT initiatives, Arbitrum now presents two mainnet chains that may accommodate a variety of blockchain use circumstances.
With this integration, OpenSea customers will now have the ability to entry Nova as a extra reasonably priced various to Ethereum when shopping for or promoting digital collectibles.
In September 2022, OpenSea started supporting Arbitrum, a Layer 2 scaling community and sister to Nova, which have been each created by Offchain Labs.
In accordance with a press launch, Nova is a blockchain well-suited for initiatives with excessive transaction volumes and cost-sensitive necessities, resembling video games that continuously mint new objects and foreign money, or social initiatives with a number of on-chain interplay choices. One notable instance of its use is the upcoming launch of Reddit Neighborhood Factors, which can be constructed on Nova.
A number of firms, together with Google Cloud, Reddit, FTX, Consensys, P2P, and QuickNode, participated within the launch of Arbitrum Nova as inaugural members of its ‘Knowledge Availability Committee’.