Executive Summary: OpenSea vs Blur: Tracking The NFT Marketplace War
In this article, I analyze the intensifying competition between top NFT marketplaces OpenSea and Blur. I compare their features, examine the data showing Blur overtaking OpenSea across metrics, and look at the outlook as these platforms battle for dominance in the NFT trading space.
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.
The data:
- 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.
Outlook:
- 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.
- Full article:
OpenSea vs Blur: Tracking The NFT Marketplace War | CoinMarketCap
The NFT marketplace war heats up — here’s how OpenSea and Blur stand head-to-head.
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