On September 17, the largest non-fungible token (NFT) marketplace in terms of volume, Opensea, announced the launch of the platform’s mobile application. Opensea marketplace users can now access a wide variety of NFT collections on their smartphones by downloading the application from Apple’s App Store or the Google Play store.
Opensea Launches Mobile App for iOS and Android Phones
According to marketplace statistics from dappradar.com, Opensea is the largest NFT market in terms of global trade volume. All-time statistics indicate that Opensea has seen 625,620 traders and $6.53 billion in volume. Axie Infinity and the Cryptopunks NFT collection fall behind Opensea’s volume as Axie Infinity has seen $2.11 billion and Cryptopunks has gathered $1.31 billion.
In recent times, Opensea has added Polygon (MATIC) support and toward the end of July, the leading marketplace announced a $100 million capital raise. Opensea has continued to see record sales but on September 15, the company announced that an employee was caught leveraging insider information to trade.
The NFT market’s management detailed that Opensea team members “may not buy or sell from collections or creators” while they are being promoted by Opensea. Furthermore, “Opensea team members are prohibited from using confidential information to purchase or sell any NFTs, whether available on the Opensea platform or not,” the team detailed last week.