Blur conquers new heights Blur and OpenSea continue to figh | Metaverse Astronaut

Blur conquers new heights

Blur and OpenSea continue to fight for market share. But what does it look like from the inside?

According to the latest industry analysis from the DappRadar platform, NFT trading volume exceeded $2 billion in February. This is the highest since the dramatic collapse of Terra and its UST and LUNA tokens in May 2022.

While Blur is heavily outperforming OpenSea in trading volume-the platform is way behind in new customer inflows. Despite all the hype the company makes, it is designed for professional traders.

Since its launch in October, Blur has been focusing on traders who want to buy a lot of NFTs without having to pay any fees. It quickly gained popularity because it gave traders a reason to trade on the platform so they could get BLUR, its cryptocurrency, before it came out in February. Two days after the token went live, Blur had more trades than OpenSea, and it has since challenged the main marketplace’s dominance.

Not the least in this story were YugaLabs, who took over 30% of the total Ethereum-based NFT trades, all because of Dookey Dash, we wrote about them earlier.

#Blur #NFT #OpenSea #Yugalabs #DookeyDash

Metaverse Astronaut