The OpenSea Pro opportunity allows users who trade NFT to gain rewards for it. It is a perfect opportunity for people who are already trading NFT’s as they won’t have to do many additional steps.
OpenSea Pro
Progress mission: 0 of 4
Rewards
Rewards
TBA
Past rewards
$1,400 $23,600
Details
Minimal cost
~$550
Time required
15 min.
Category
Mainnet
Rating
7/10
Risk
Medium
Although the exact funding for OpenSea Pro hasn’t been revealed, it can be assumed that they use the funds that have been raised by OpenSea.
Additionally, it needs to be considered that this opportunity involves NFT trading, which can be risky and lead to financial losses. As there is no data regarding the volume of users and transaction count, we recommend to aim for $10,000 volume. $500 is a good amount to do that, even if a lower amount can be used to reach this amount.
Also, since OpenSea is based in the US, this could lower the chances of any future airdrops.
Information
OpenSea plans to relaunch its NFT platform in December. There are no details on how it will look like yet, but it’s possible to join their waitlist.
Pros & Cons
Why is it worth it?
OpenSea Backing
Supported by OpenSea, a major player in the NFT space with over $400 million in funding.
Confirmed Airdrop
Announced on Twitter and OpenSea Pro, indicating tracking of user activity for rewards.
Reduced NFT Competition
Low NFT market volume in summer '23 suggests less competition for airdrop participants.
Risks to consider
NFT Reward Format
Airdrop announced as "NFT as rewards" might result in less valuable rewards, similar to the Gemesis collection.
Trading Costs
Engaging in this opportunity mainly involves NFT trading, which can be costly.
Expensive Opportunity
Engaging in this opportunity mainly involves NFT trading, and around $500 is recommended to participate in this opportunity.
How to participate?
Every opportunity has its own rules. Following these closely can significantly increase your chances of qualifying for rewards. Here’s a list of recommendations from our team to help maximise your chances of benefiting from this opportunity.
- Buy and Sell NFTs on OpenSea Pro: The main activities on OpenSea Pro involve buying and selling NFTs (Non-Fungible Tokens). The more you trade, meaning the higher your total transaction volume on the platform, the better your chances for a potential airdrop. There is no data regarding the amount of volume and transactions amount you should do. You should aim for $10,000 volume as it is a standard in other protocols. Investing $500 will enable you to easily reach this goal, but having a smaller amount will increase your transaction count to reach the $10,000 volume.
- Be Aware of Trading Risks: Trading NFTs can be risky because their prices (floor prices) can change a lot and quickly. This means you could lose money.
- Trade Genuinely: The safest approach to trading on OpenSea Pro is to buy or sell NFTs only when you genuinely want to. This means trading should align with your actual interest in an NFT, rather than just trading for the sake of increasing volume.