Arbitrum Updates
Arbitrum, a popular platform for NFT marketplaces, has recently seen the launch of OpenMeta, a multichain NFT marketplace that offers a gas-free experience to users. OpenMeta is joining the ranks of other NFT marketplaces like OpenSea and Trove on the Arbitrum platform. Furthermore, Factor, which offers middleware infrastructure for DeFi product aggregation and on-chain asset management services, has raised over $4 million in less than 12 hours through its token offering on Camelot, the launchpad for Arbitrum. Traders are excited about the value accrual mechanism of Factor's native FCTR tokens, which redistributes a portion of deposit, withdrawal, transaction, and performance fees to FCTR stakers and its decentralized autonomous organization.