OpenSea Pro has more NFT traders than Blur State’s Delphi Digital
- OpenSea Marketplace recorded a higher number of transactions than Blur, according to Delphi Digital.
OpenSea is one of the largest web3 marketplaces for NFTs and crypto collectibles. OpenSea Pro, which is the marketplace’s professional trading tool, outperformed the younger Blur NFT market. The research report of Delphi Digital reported the finding on Twitter. “OpenSea Pro surpassed Blur in terms of number of transactions so far.”
According to Delphi Digital, since rebranding OpenSea Pro, it has surpassed Blur. Both platforms provide similar services.
One possible reason for the development, as Delphi Digital noted in its tweet, is that “pro-traders want to take advantage of the new NFT rewards on OpenSea Pro in hopes of higher option costs and the potential for an OpenSea Pro airdrop.”
In contrast, the bidding of Blur and listing incentives has become relatively saturated, because it is now more difficult to earn points, despite the 2x multiplier incentives that last until May 1st. As incentives on Blur decrease over time, transaction activity on OpenSea Pro increases, Delphi Digital’s research said.
Recently, Delphi Digital shared that SharkyFi, the FIRST Escrow-less NFT lending protocol is dominating Solana NFT lending volume. According to the report from Delphi Digital, it was questioned that “Is Solana NFT Summer here?” However, this is the second part of the research at Solana NFT. In its first part of the research, it mentioned that Solana has maintained its “strong position as the second largest NFT ecosystem behind Ethereum through 2023.”
OpenSea Pro: An NFT Aggregator
OpenSea Pro can be seen as a rebranded version of OpenSeas Gem v2 which has 0% marketplace fees. OpenSea debuted this NFT aggregator on April 4 that brings together “more than 170 NFT marketplaces to find the best deals.” In addition to this, the platform also has some advanced features such as floor sweeping, inventory management, gas tax optimization and mobile accessibility.
On April 18, OpenSea Pro also shared that it has reached a “record-breaking $5.2mm in daily trading volume.”
OpenSea Pro shared about its Genesis NFT, stating that “users with rankings in the top 1% have been elevated to the status of die-hard fans and their Genesis NFTs come with special visual effects.” However, the metadata for Genesis NFT has not been minted yet. It will be revealed after the claim window closes on May 4.
Meanwhile, Gemesis came second on OpenSea’s trend collection, followed by Cat & Mouse. At press time, Gemesis has a floor price of 0.04 ETH or $74.99.
Nancy J. Allen is a crypto enthusiast and believes that cryptocurrencies inspire people to be their own banks and step aside from traditional money exchange systems. She is also fascinated by blockchain technology and its function.
