OpenSea has announced the acquisition of Rally, a Web3 platform focused on mobile, aiming to bring token and NFT trading to mobile devices.
This acquisition was announced on Tuesday, marking OpenSea's commitment to building a mobile-first digital asset trading platform. OpenSea wrote on the X platform: "Buckle up. The future of NFT and token trading is in your pocket." According to Rally, users can experience the new OpenSea mobile service "later this year."
Rally co-founders Chris Maddern and Christine Hall will join the OpenSea management team. These two co-founders will bring Rally's expertise in mobile advertising and token trading to the OpenSea platform, with Maddern taking on the role of OpenSea's new Chief Technology Officer.
OpenSea stated that this move will help it create a "fully integrated application across all chains," suggesting that the company will further expand more Web3-related services based on NFTs.
This acquisition marks OpenSea's acceleration into the mobile space, integrating token and NFT trading into a unified experience. In a post on the X platform, Maddern stated that they are developing a product that can "drive the on-chain economic ecosystem, empowering creators, collectors, and traders."
The Chief Technology Officer of OpenSea pointed out that the vision is to create a platform where tokens and NFTs complement each other rather than compete. The executive also mentioned that features like decentralized finance (DeFi) and perpetual contracts (perps) should be simple to use and easily accessible.
Maddern indicated that OpenSea is seriously planning for mobile and noted that most users' primary usage scenarios are on mobile devices. Maddern added that OpenSea is exploring artificial intelligence technology to enhance the security and comprehensibility of the crypto world.
Maddern did not elaborate on how OpenSea will integrate AI technology into its mobile platform.
Cointelegraph reached out to OpenSea regarding this matter, but had not received a response by the time of publication.
The Web3 platform's move into mobile follows the public launch of its new "OS2" platform in May. On May 30, OpenSea opened the OS2 platform to all users, allowing them to experience complete token trading and support for fungible tokens.
At that time, OpenSea's Chief Marketing Officer Adam Hollander told Cointelegraph that the platform has always believed that all on-chain assets should be discoverable in one place.
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Original article: “OpenSea expands into mobile with the acquisition of Rally, creating a ‘fully integrated application across all chains’”
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