Summary: The article analyzes the intensifying competition between top NFT marketplaces OpenSea and Blur, comparing their features, recent data showing Blur overtaking OpenSea, and the outlook for the market.
Comparing OpenSea and Blur:
- Blur targets whale traders, OpenSea goes for everyone.
- Blur incentivized loyalty with airdrop, OpenSea has no token yet.
- Blur cut fees, OpenSea blocked listings on Blur.
- Blur surged past OpenSea in volume after its airdrop.
- Blur now leads in weekly trading count and closing user gap.
- Blur also ahead in royalty fees and transactions.
- OpenSea may launch a token to compete.
- NFTs likely to become more DeFi/trading focused.
- Vertical niche marketplaces could arise.
- Marketplace wars will continue as platforms compete for top spot.
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