5 NFT Markets That Could Topple OpenSea In 2022 By CoinTelegraph

© Reuters. 5 NFT markets that could topple OpenSea in 2022

OpenSea has been the dominant decentralized platform for users looking to mint, buy, sell and trade non-fungible tokens (NFTs). By serving more as an NFT aggregator than a gallery, OpenSea secured a volume of USD 3.25 billion for December 2021 alone, according to data from Dune Analytics and from December 2020 to December 2021, the total volume increased by 90,968 %.

No stranger to contention and criticism, OpenSea has had its fair share of pitfalls and pitfalls. In particular, his former head of product, Nate Chastain, found that he uses inside information to get ahead of himself and profit from the NFT sale of the platform’s homepage.

Adding to the general sentiment of mistrust, the community felt devalued after newly appointed Chief Financial Officer (CFO) Brian Roberts hinted at going public. However, he quickly reaffirmed that OpenSea has no intention of going public anytime soon.

Read the full article on Cointelegraph

Legal warning: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Leave a Comment