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Jakarta, Pintu News – OpenSea, a leading platform in digital asset trading, recently announced the acquisition of Rally Wallet, a mobile-focused crypto wallet startup.
This strategic move aims to expand OpenSea’s capabilities in token-based trading and strengthen the mobile user experience. Chris Maddern, founder of Rally, will serve as Chief Technology Officer at OpenSea, bringing a new vision in mobile technology integration.
With this acquisition, OpenSea not only strengthens its position as an NFT marketplace, but also as a leader in the broader onchain trading ecosystem.
With Rally Wallet on board, OpenSea plans to integrate the mobile-first technology that Rally has developed into its platform. This will create a more seamless user experience, enabling digital asset trading from anywhere at any time.
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Rally’s innovative technology will be the basis for the development of OpenSea Mobile, which is expected to become a hub of onchain activities, including NFTs, memecoins, and decentralized finance.
This enhanced mobile experience is expected to not only increase user convenience but also open up new opportunities in digital asset trading.
With a focus on ease of use and accessibility, OpenSea aims to attract new users who may not be familiar with crypto asset trading and NFTs.
OpenSea doesn’t just want to be known as an NFT marketplace, but as a home for all web3 activities.
With the integration of Rally Wallet, OpenSea plans to support exchangeable tokens, yield opportunities, and mobile-focused use cases. This vision reflects OpenSea’s strategic shift to cover a wide range of digital assets and make the most of blockchain technology.
Chris Maddern, OpenSea’s new CTO, emphasized that the combination of NFTs and tokens will open up new possibilities and create opportunities for collectors, creators, and traders.
With a focus on innovation and product development, OpenSea aims to lead the market in the evolution of digital asset trading.
As part of the integration, OpenSea recognizes the important contributions of the first Rally backers, Floor Genesis NFT holders. These NFTs, which were originally issued as access to the closed beta of the Rally app, will be converted into Treasures, a special reward token within the OpenSea ecosystem.
A snapshot mechanism will be used to facilitate the conversion of these rewards, and eligible holders can claim their Treasures through the OpenSea Rewards portal. This move not only rewards early user contributions but also strengthens the community involved in product development.
By recognizing and rewarding its loyal users, OpenSea hopes to build loyalty and increase user participation in its growing ecosystem.
Overall, OpenSea’s acquisition of Rally marks a new chapter in the evolution of digital asset trading. With a renewed focus on mobile technology and token integration, OpenSea is poised to lead the market in providing innovative and inclusive trading solutions.
This partnership is expected to bring significant benefits to users, both in terms of accessibility and new trading possibilities.
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