Launching Seaport & Saving the Community Millions in Fees - OpenSea Blog
opensea.io/blog/announcements/launching-seaport-saving-the-community-millions-in-fees
What Jamie wrote
Seaport replaces the Wyvern Protocol frequently used to transfer digital assets between wallets (people). It has a number of new features and performance improvements. The savings in gas fees are incredible.
You’ll save an estimated 35% in gas fees for transactions using Seaport. Based on last year’s data, that would amount to more than $460m in total savings (138k in ETH)!* Plus, new users won’t have to pay a one-time setup fee (proxy deployment) to use OpenSea. By removing the setup fee alone, the OpenSea community could save almost $120m each year (35k in ETH).
All of this is enabled through open source and protocols that can be deployed independent of the assets themselves.