OpenSea Pro returns to Blur's dominance on the NFT market: Data
OpenSea Pro returns to Blur's dominance on the NFT market: Data
Blur seems to have lost its title as the most popular NFT marketplace worldwide.
OpenSea Pro was renamed and presented in front of active dealers from Blur. The latter has used up the OPENSEA market share since its introduction last October. The counter-offensive turned out to be reasonably successful because the data indicated that the new "polished" NFT aggregator Blur exceeded in the number of daily transactions.
- Delphi Digitals Analysis Pro since the rebranding Transactions did. This essentially means that NFT retailers carry out more transactions on OpenSea Pro than on Blur, although both platforms offer 0 % fees and similar functions.
- The introduction of OpenSea Pro, a aggregator geared towards active retailers, was extremely tactical, since it came up with zero fees for an action period and an extended order type in the course of the hard competition.
- Therefore, one of the main reasons for the fact that OpenSea is well received could be in the fact that professional traders want to benefit from the new NFT rewards in the expectation of higher opportunities.
- A potential airdrop could be another factor that catalyzes this trend by attracting new users.
- The Blur's offer and listing incentives, on the other hand, are relatively saturated. Delphi Digital stated that it has become difficult to collect points, despite the 2 times multiplier incentives that last until May 1st.
"Since the incentives from Blur decrease over time, we may continue to see a higher transaction activity on OpenSea Pro."
- A large part of the NFT trade volume came from Blur in the first quarter of 2023. Within six months, the platform managed to discharge the former market leader OpenSea.
- But thanks to the publication of OpenSea Pro, there seems to be a quick shift in the NFT landscape. The market share of Blur has shrunk from 49.3 % to 27.9 % this month.
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