The collections teased include Bored Ape Yacht Club, Doodles, CryptoPunks and Cool Cats – said to be the leading ‘blue-chip’ collections out of the thousands of projects currently residing on Ethereum.
The four collections are currently the most popular ‘PFP’ (profile picture) NFTs available on the market due to their different visual appeals, access to Discord communities and the status that comes with holding one.
— FTX – Built By Traders, For Traders (@FTX_Official) November 23, 2021
It has since generated high expectations as it introduces the possibility of being able to trade the leading collections from OpenSea without high gas fees and additional costs by utilising the lower-cost Solana blockchain.
Support for leading Solana-based NFTs has also been teased previously too, with many in the space expecting the marketplace to be able to challenge OpenSea, which has faced recent issues and is seeing declining volume as NFTs cool down.
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.