Gem’s V2 Beta Version: Streamlining NFT Transactions

02/21/2023 15:17 • AI & Tech Insights • 152 views

On February 21, the NFT transaction aggregator Gem has released the V2 beta version. The new features include aggregating the standing bids of different platforms and allowing the real-time sale of the best bids. Users can obtain access to the beta version by submitting an application.

Gem releases the V2 internal test version, and users can apply for access rights

Interpretation of the news:

The emergence of non-fungible tokens (NFTs) has revolutionized the art, gaming, and entertainment industries. NFTs have gained immense popularity, as they can be used to represent a wide range of digital and physical assets. However, despite the potential of NFTs, they are still relatively new and complex, making it challenging for users to navigate the different platforms and marketplaces.

To address this challenge, Gem, an NFT transaction aggregator, has released its V2 beta version on February 21st. The new features of the V2 beta version are set to streamline NFT transactions and simplify the user experience.

One of the most significant features of the V2 beta version is the aggregation of standing bids across different platforms. Gem has partnered with some of the biggest NFT marketplaces, such as OpenSea, Rarible, and Nifty Gateway, to aggregate the standing bids for NFTs on these platforms. This merger eliminates the need to visit multiple platforms and allows users to view all available bids for an NFT in one place.

Moreover, the V2 beta version allows for the real-time sale of the best bids. Once a user decides to sell an NFT, the V2 beta version automatically picks the best offer from the aggregated bids and proceeds with the sale. This feature is a time-saver and ensures that the user receives the best deal.

Undoubtedly, the best advantage of the V2 beta version is the enhanced user experience. With the aggregator, users no longer need to sort through endless marketplaces to find the best bids for their NFTs. The beta version is set to provide information on what’s happening across various platforms in real-time, making the user experience more seamless than ever before.

To gain access to the V2 beta version, users can submit an application. This feature ensures that the V2 beta version is rolled out to a group of dedicated testers who will provide feedback to enhance the user experience further.

In conclusion, the V2 beta version release of Gem is good news for users seeking to streamline their NFT transactions. With the aggregate feature, the V2 beta version solves the issue of finding the right platform to sell NFTs, while the real-time sale feature saves time and ensures that the user gets the best deal.

Overall, this beta version is a significant step towards streamlining NFT transactions and shaping the future of the NFT marketplace.

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Gem’s V2 Beta Version: Streamlining NFT Transactions

Gem releases the V2 internal test version, and users can apply for access rights

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