Blur NFT marketplace increases in volume and market share and competes with the industry leader OpenSea-
Blur NFT marketplace increases in volume and market share and competes with the industry leader OpenSea-
Blur, the marketplace for non -fungible tokens (NFT), has recorded a significant increase in volume since its introduction in October. According to the statistics of Dune Analytics, Blur has conquered about 30 % of the market share with regard to the sales volume. The NFT market leader OpenSea has 48 % of the market share.
Blur NFT Marketplace conquers 30 % of the market share on the sales volume
An NFT marketplace called blur an increase in the market share in the last 30 days. According to statistics by dune analytics, Blur holds 30 % of the total market share of the NFT market. Crypto market participants believe that Blur's rise is related to the impending introduction of his native tokens, which was originally planned for January 2023, but was delayed, according to the team. The token is now to be published on February 14, 2023.
"We know that this is according to our original estimate of January, and we apologize for the delay", according to the platform on Thursday. "We try new things and the additional two weeks will enable us to deliver a launch that has never been done before."
Seven days metrics from dappradar.com indicate that Blur has recorded NFT sales of 33.06 million US dollar. The marketplace this week is the second largest in relation to total sales open sea ’s weekly turnover of $ 112.89 million. 24-hour statistics show that Blur's turnover was $ 5.08 million on the last day, compared to $ 16.24 million from OpenSea. The rise of Blur resembles that of the Looksrare NFT marketplace, which at that time recorded an increase in users Air drop 120 million look tokens or 12 % of the total offer to the looksrare community in 2021.
the incentive to acquire the token thrown out of the air cranked the sales volume of Looksrare, and in the fourth quarter of 2021 the NFT platform managed to conquer considerable volumes in addition to Openea. In January 2022, Looksrare exceeded Openea for a short period of time. Since then, Looksrare from the second largest NFT marketplace has fallen into fifth place in sales. With regard to total sales, Blur has achieved sales of $ 458.05 million since it was founded.
The NFT marketplace Blur occupies 11th place in relation to all-time sales. It is located under NFT markets such as Magic Eden with $ 2.07 billion, Looksrare with $ 1.69 billion and X2Y2 with $ 1.07 billion. However, it has surpassed the all-time sales of the NFT markets Wax Atomicmarket ($ 441.42 million), immutable X Marketplace ($ 387.11 million) and rarible ($ 301.95 million).
What effects will you think the introduction of the native token from Blur on the NFT market? Will Blur continue to increase its market share and its sales volume or will it be exposed to the competition by other actors in the industry? Share your thoughts in the comments below.
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