Two months ago, Opensea moved to the open-source decentralised protocol, Seaport. This move shook the NFT space, as gas fees were severely reduced and a lot of doors opened for innovation in the NFT space. Now, a new platform powered by Seaport is rising as a result. Its name is MysticSwap, and it’s a game-changer.
MysticSwap – What is it?
MysticSwap is a marketplace for NFT swaps and trades. Currently in open beta, the platform will enable users to not only list NFTs for ERC-20 tokens or ETH, like Opensea or LooksRare do, but to also list any combination of assets in exchange for any combination of assets. Imagine listing two CryptoPunks and being able to receive offers like “3 Azukis + ETH”, “1 Bored Ape + ETH”, etc. MysticSwap makes this possible, and it changes everything.
Why it’s important
This feature is huge and opens a lot of doors. Users can now trade literally whatever they want for whatever they want, at any time. Don’t like a trait in your NFT? Swap for the trait you like. Wanna get rid of NFTs you no longer need in order to buy new ones? Swap them directly. Anything is possible with this technology, and we’re just scratching the surface. MysticSwap is the Uniswap of NFTs, and we’re here for it.
Mystical Wizard Guild Alpha
As we love our readers, we couldn’t help but share some alpha here! Mystical Wizard Guild is the official NFT behind the MysticSwap platform, and judging by the vision, this one is going far. The project is currently whitelisting people, so now is a good time to check it out and join their Discord.