Blur VS Opensea : Who'll Be the King Of NFT Marketplace
Opensea, once the most dominant player of NFT Marketplace with total share more than 75% of total Market now dethroned by Blur, Another NFT Marketplace with friendly UI, Discounted Fees and a relatively cheaper.
AFTER Blur launched their token with ticket $BLUR and did Airdrop their users their volume plunging from there there's no sign of decline. The token says other story. The token fails to impress and continuously falling from ATH. But we don't here discuss about that.
1. Volume
Last 30 days Trading volume Blur outperform Opensea by 4x. The trading volume on Blur surpassed 500milion but on opensea it's sitting on mere sub 130 million.
B. Volume Per Order
C. Volume Per User
D. Volume by Fill Source
E. Volume By Order source
2. Users
3. Sales
4. Percentage of Sales by Fill Source
5. Decentralisation Factor
That's where the contest got spicy. Blur earlier talked about the centralised nature of NFT Marketplaces and they want to change the landscape. But recent events doesn't implifies that.
Blur, top 15 wallet holders do 20% of whole volume and 500 users control more than 50% of total volume. Which is already told more than $500 million last Month.
6. Conclusion
Opensea and Blur both are most prominent players in NFT arena. The growth of Blur put NFT on backfoot. Every month blur do 3x-4x more volume than the OG. But the question here who's the winner.
Obviously if you sort by metrics you'll find Blur is the superior one. But barring some matrics opensea also has its own zone. There're some exclusive NFTs in opensea.
Plus recently Opensea creating a premium options for professional traders that will hopefully do match against blur.
But with low fees, users rewards and a big wardrobe of NFT collection blur Is hard to tackle. Let's see.
© This article not sponsored by Dune or third-party or Binance itself. The names are taken only for informative purposes. We don't promote any kind of trading practice where users can lost their money. Do your own reserch before putting money in Digital assets.
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