On the same day, OpenSea announced plans to improve the site’s reliability and support. The company will be expanding its engineering team to more than 200 professionals, re-developing core parts of the platform, and reducing customer support times.
OpenSea has already generated $2 billion in NFT sales this year, and received $300 million in funding.
The most successful projects on the marketplace have been Bored Ape Yacht Club and Mutant Ape Yacht Club.
Blockchain journalist Colin Wu reported that, due to NFT popularity on the 9th of January, some users experienced lag and downtime on the OpenSea platform. One of the reasons for this was an NFT issued by a celebrated Chinese singer Jay Chou, which brought a flood of Asian users to the marketplace.
On the Flipside
EMAIL NEWSLETTER
Join to get the flipside of crypto
Upgrade your inbox and get our DailyCoin editors’ picks 1x a week delivered straight to your inbox.
Error: Contact form not found.
You can always unsubscribe with just 1 click.
Continue reading on DailyCoin
Source: Cryptocurrency - investing.com
