Topic: Do you think Blur will overtake Opensea - page 2. (Read 364 times)
both are very active marketplace, but honestly everyone already getting used with opean sea user interface, many nft minting still list their transaction and nft collection in opensea. but blur also have their share of popular nft. but the thing is, does it even matter?, I think even if the daily volume of nft transaction of this certain nft platform is rising, doesn't affect overall cryptocurrency that much honestly.
I still feel OpenSea still has the upper hand being the market leader and it has no token and no incentives so far and still leading the park. Blur team is innovating fast and on OpenSea's toes, with the Uniswap team backing them OpenSea needs to do something fast to surge ahead as the market leader in the NFT. space The advantage both of them are enjoying so far is that the NFT volume on the CEXes has not picked up.
transactions of nft fluctuates a lot, it's only massive if there's some minting of popular nfts, right now many are partnering with blur because it's new, once they've got no promotion left, everyone will be freely chose their own favourite platform, but blur at some moment already taking away opensea throne.
NFT marketplaces apparently obey the same principle as centralized crypto exchanges, namely periodic change of the industry leader. OpenSea lost much of its credibility after the 2021 hype because it was a platform on which various fraudulent schemes parasitized. The emergence of a new leader was only a matter of time. Now OpenSea will have to try very hard to regain its leadership and credibility, although I am sure they will hardly succeed.
But it's not the fault of Opensea. It's just the market is decentralized or unregulated therefore any types of transactions including frauds are expected to happen here even before. There are so many NFT platforms out there and frauds do also happen on them.It's just that Opensea is one of the earliest and currently the most popular so it was being used the most but they shouldn't put all the blame on them. Blur is new and there might be no or less frauds yet that happened on them but time will come that they will be next in the list. There is still a chance for the Opensea to get back on track because they already have a long-term experience on this field than Blur.
Nah, I personally think that it will be hard for the new platforms to overtake the well reputed one. Opensea just has a lot of supporters already and is also multichain which makes it very convenient for both collectors and creators of NFTs. Although Blur has some great features as well, it isn't to an extent where it would convince most of the people to jump ships. I believe that most of the people there right now were only adding to the volume due to the airdrops. Still though, it isn't entirely that bad. In fact, I might even consider using their platform as well if some good features get added into their platform in the future like features that would make it more convenient to use compared to Opensea. We'll see. . .
I forgot making this thread back in February. Basically Blur is not doing too well. I am slightly underwater with my investment but will see what the future brings. The dev team is fairly active at least.
But the token peaked during the airdrop pretty much. I wouldn’t be surprised if we reached a new low. They had some new features released a few days ago and not much in terms of bullish movements. So most likely this will be a long term hold.
Maybe it's not doing as well in token price, but according to https://dappradar.com/nft/marketplaces it's still a clear winner in volume. But the token peaked during the airdrop pretty much. I wouldn’t be surprised if we reached a new low. They had some new features released a few days ago and not much in terms of bullish movements. So most likely this will be a long term hold.
I am however not sure what this means as there are only fraction of traders compared to opensea. Are people still hunting airdrops for this and washtrading because of it? I haven't been using it and i am not sure if there still are airdrops coming in but that would seem like most obvious answer.
I forgot making this thread back in February. Basically Blur is not doing too well. I am slightly underwater with my investment but will see what the future brings. The dev team is fairly active at least.
But the token peaked during the airdrop pretty much. I wouldn’t be surprised if we reached a new low. They had some new features released a few days ago and not much in terms of bullish movements. So most likely this will be a long term hold.
But the token peaked during the airdrop pretty much. I wouldn’t be surprised if we reached a new low. They had some new features released a few days ago and not much in terms of bullish movements. So most likely this will be a long term hold.
It is quite literally already become tough competition for opensea, i don't know why but it seems many are already moving over to this platform that is blur maybe because of some reason but I think the fact that many are getting tired for no reason of opensea might be the answer, after all blur smart contract one of massive eth guzzler right now.
overtaking in term of NFT market place i think very common, this time blur seem to have more fame, next year maybe it's opensea, the two could coexist you know and even if one being overtaken by the other seem quite normal, after all, having more transaction in the platform doesn't mean the capitalization of the platform also gonna rise, it's just matter of traffic at the end of the day.
judging from the fact that their smart contract seems to have more activity and opensea right now is even got their one of investors money escaping the platform I think blur will definitely replace opensea in the near future.
This could be the for Opensea to experience big problem as many issues are being raised already. If Blur will continue to grow, then it can easily compete with Opensea and might take over the top spot. Anyway, didn’t see any new hype with the NFTs so Blur might stay behind for a while now but if the volume continues to increase, then its an indication that many starts to trust Blur and Opensea should feel this threat already.
judging from the fact that their smart contract seems to have more activity and opensea right now is even got their one of investors money escaping the platform I think blur will definitely replace opensea in the near future.
I think the airdrop is one of the reasons but what gave it the largest boost was the Coinbase listing I guess. The fact that Opensea removed their fees shows that they are in trouble of being overtaken.
It’s crazy how much liquidity was added in the last few days . Those NFTs that sold for millions normally don’t have that much liquidity. So many are buying all these NFTs for the airdrop. Wondering if the hype will still be around once they distribute round 2.
the reason for the airdrop and coinbase that attracts people to trade on motion blur makes activities that will get airdrop prizes from the blur project. The competition between the two projects is very strong for positions. For me, both projects have the same perfection. that makes people interested, maybe there will be a new project with the same concept of NFT market It’s crazy how much liquidity was added in the last few days . Those NFTs that sold for millions normally don’t have that much liquidity. So many are buying all these NFTs for the airdrop. Wondering if the hype will still be around once they distribute round 2.
NFT marketplaces apparently obey the same principle as centralized crypto exchanges, namely periodic change of the industry leader. OpenSea lost much of its credibility after the 2021 hype because it was a platform on which various fraudulent schemes parasitized. The emergence of a new leader was only a matter of time. Now OpenSea will have to try very hard to regain its leadership and credibility, although I am sure they will hardly succeed.
The news is coming right after a great storm hit, I'm sure many people can say that Blur will overtake it. I'm pretty sure some people are holding on to other altcoins like Binance, Binance and other. But that's okay, let's say Binance will overtake NFTs. It would take a massive amount of bitcoin to become a major exchange like ethereum.
Yeah in my opinion crypto itself keeps evolving so it doesn't surprise me when some platform takes the other platform. In this case I just barely know the sites from you hehehe, it probably I don't open NFT related very much.
It has many factors why the Blur become the number one NFT right now maybe one is the airdrop remember about the TrustWallet Airdrop, Uniswap Airdrop, ENS Airdrop, Aptos Airdrop. all of sudden the platform gain more user and as the Centralized Exchange they Like Popular project like ShibaInu.
and the second maybe because of this
The offer 0% marketplace fee But I think this was temporary, and the other hand Opensea team maybe already made this news to their regular meeting.
It has many factors why the Blur become the number one NFT right now maybe one is the airdrop remember about the TrustWallet Airdrop, Uniswap Airdrop, ENS Airdrop, Aptos Airdrop. all of sudden the platform gain more user and as the Centralized Exchange they Like Popular project like ShibaInu.
and the second maybe because of this
The offer 0% marketplace fee But I think this was temporary, and the other hand Opensea team maybe already made this news to their regular meeting.
There was a time when nft trading volume on Blur surpassed Opensea on 20 Feb 2023
but I don't think Blur can overtake Opensea anytime soon. Blur's user base has grown but is mainly stimulated through airdrops and is only half the number of users on Opensea. However, Blur has created a strong challenge for Opensea and as long as they make certain mistakes, Blur can completely overcome.
but I don't think Blur can overtake Opensea anytime soon. Blur's user base has grown but is mainly stimulated through airdrops and is only half the number of users on Opensea. However, Blur has created a strong challenge for Opensea and as long as they make certain mistakes, Blur can completely overcome.
When you compare Opensea vs BLUR, you need to follow the below points.
1. Are there any advantages of using these marketplaces?
Currently, the opensea does not have an incentive system to rewarding to buyers and sellers. Also, the opensea marketplace does not have its own token. But the blur marketplace has its own incentive program to reward all the stakeholders. This is the main reason to overtake Opensea.
2. Multichain Support
Blur marketplace is limited to only the Ethereum chain. But the open sea marketplace has multichain support. This is the only negative part of the Blur marketplace.
That's one good comparison you got there mate. By this, we can clearly see the advantage and disadvantage of each of them. I am thinking that maybe open see will try to imitate what blur currently has because they might be afraid with it but who wouldn't be when blur already had a 2 billion market cap even if they are only getting started.1. Are there any advantages of using these marketplaces?
Currently, the opensea does not have an incentive system to rewarding to buyers and sellers. Also, the opensea marketplace does not have its own token. But the blur marketplace has its own incentive program to reward all the stakeholders. This is the main reason to overtake Opensea.
2. Multichain Support
Blur marketplace is limited to only the Ethereum chain. But the open sea marketplace has multichain support. This is the only negative part of the Blur marketplace.
If given some time, they can easily be at the level of open sea in terms of market cap and will be higher than that if open sea didn't do anything to attract more users in their platform. When open sea first started, they also support eth chain only but later on they add other chains. The same thing can be happening in blur right now.
Probably this is blur time, when opensea was newly launched the hype was huge and lots of nft trading also took place but as time passes things naturally cool off. If there is going to be a second airdrop as you said, I think most nft traders wouldn't want to miss that opportunity. I think the hype will end soon and by then it will be clear if it can overtake opensea or not.
too soon if you say that blur will beat opensea, because so far opensea has been nft's no1 market.
and as long as opensea has been standing there have been many who compete with opensea and no one can overtake opensea.
but maybe blur can provide different things from opensea.
and as long as opensea has been standing there have been many who compete with opensea and no one can overtake opensea.
but maybe blur can provide different things from opensea.
OpenSea is takend the brand for "NFTS" sector.
I don't think "Blur" are gonna to hold against OpenSea in a long term, it's just like regular project who have the same idea and can compete against the platform number one in that sector.
It's only beginning hype, and in the long term like other project.
Hype is part and parcel of crypto. At least that's what I came to realize...I don't think "Blur" are gonna to hold against OpenSea in a long term, it's just like regular project who have the same idea and can compete against the platform number one in that sector.
It's only beginning hype, and in the long term like other project.
The Opensea and blur situation kind of reminds me of the Uniswap - Pancake swap situation and all those other swaps that exploded into the scene because of hype, especially after the UNI airdrop
I think Blur could become a very big potential competitor to Opensea, it will all depend on how aggressively they market the platform and the long term goals top sway the numbers in their favour.
Jump to: