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Topic: Do you think Blur will overtake Opensea - page 3. (Read 422 times)

legendary
Activity: 2660
Merit: 1261
March 03, 2023, 12:40:54 PM
#8
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.
member
Activity: 469
Merit: 13
March 03, 2023, 04:09:10 AM
#7
So the hype this week was when Coinbase listed Blur. Then we got the airdrop and if you are looking at the Gas guzzler sources you will see that Blur has more activity than Opensea. It also has more volume. And there is another airdrop round 2 coming and they are going to airdrop more tokens for bidders and holders of NFTs.

Already there are many people who are buying massively on Blur to get the airdrop and maybe are listing their NFTs on Blur from Opensea. Seems there is a massive fight between these two NFT giants.

What does everyone think of Blur? Does it have the capacity to overtake Opensea in the long run? Currently its market cap even fully diluted is like $2B but Opensea was valued at something like $13B so it seemed under valued even with full diluation. Currently there is only 400,000,000 or so token released out of a possible 3,000,000,000.

Yes. It is possible. 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.
legendary
Activity: 2044
Merit: 1018
Not your keys, not your coins!
February 28, 2023, 10:16:48 PM
#6
I don't think BNB's aim was ever to take over ETH or even compete with it. even if they offer similar services. And it would be dangerous signal if people started to trust them more as they have only 21 validators from which half of them are responsible for the network governance. Versus ETH2.0 that has over 500k validators now.
I can not say it on behalf of Binance or CZ but if you follow Binance and CZ Twitter accounts, in 2020 and 2021 bull run, when Ethereum ERC-20 chain was congested some times by massive demands on DeFi 2.0, GameFi and Metaverse projects and communities, transaction fees on ERC-20 some times boiled up to $200 or $300 for one transaction.

Binance Smart Chain was launched in that time and they tried to shill their BSC chain like "The chain for the rich, ERC-20 is a chain for the poor" and many other shilling tweets. I believe they want to become a bigger and better chain than ERC-20 chain and making noise helps them to get it faster.
legendary
Activity: 3052
Merit: 1168
Leading Crypto Sports Betting & Casino Platform
February 28, 2023, 06:15:39 AM
#5
It's hard for late comers to take over first pioneers. BNB has yet taken over Ethereum. Binance Smart Chain vs Ethereum ERC-20 chain. Pancakeswap vs Uniswap. There is possibilities for late comers but they can not provide similar services and say they will beat the pionners in those branches.

To take over pioneers, those new platforms must have top-notch new services that bring something really new to potential customers. In reality, it does not happen too often from new startups which are like copy-cats than game-changers.
I don't think BNB's aim was ever to take over ETH or even compete with it. even if they offer similar services. And it would be dangerous signal if people started to trust them more as they have only 21 validators from which half of them are responsible for the network governance. Versus ETH2.0 that has over 500k validators now.
legendary
Activity: 3808
Merit: 1723
February 27, 2023, 11:47:49 PM
#4
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.
legendary
Activity: 2044
Merit: 1018
Not your keys, not your coins!
February 26, 2023, 09:53:20 PM
#3
Maybe i don't get it, why it would overtake opensea? People seem to trade there because the airdrops might be profitable. There are countless of sites that have been trying to take over fit in the markets or even competed with opensea and everyone of them have left in the shadow of it. Volume in Blur will be high as long as rewards are worth it, after that people move back to that one place where all the customers are.
It's hard for late comers to take over first pioneers. BNB has yet taken over Ethereum. Binance Smart Chain vs Ethereum ERC-20 chain. Pancakeswap vs Uniswap. There is possibilities for late comers but they can not provide similar services and say they will beat the pionners in those branches.

To take over pioneers, those new platforms must have top-notch new services that bring something really new to potential customers. In reality, it does not happen too often from new startups which are like copy-cats than game-changers.
legendary
Activity: 3052
Merit: 1168
Leading Crypto Sports Betting & Casino Platform
February 26, 2023, 12:12:17 PM
#2
So the hype this week was when Coinbase listed Blur. Then we got the airdrop and if you are looking at the Gas guzzler sources you will see that Blur has more activity than Opensea. It also has more volume. And there is another airdrop round 2 coming and they are going to airdrop more tokens for bidders and holders of NFTs.

Already there are many people who are buying massively on Blur to get the airdrop and maybe are listing their NFTs on Blur from Opensea. Seems there is a massive fight between these two NFT giants.

What does everyone think of Blur? Does it have the capacity to overtake Opensea in the long run? Currently its market cap even fully diluted is like $2B but Opensea was valued at something like $13B so it seemed under valued even with full diluation. Currently there is only 400,000,000 or so token released out of a possible 3,000,000,000.
Maybe i don't get it, why it would overtake opensea? People seem to trade there because the airdrops might be profitable. There are countless of sites that have been trying to take over fit in the markets or even competed with opensea and everyone of them have left in the shadow of it. Volume in Blur will be high as long as rewards are worth it, after that people move back to that one place where all the customers are.
legendary
Activity: 3808
Merit: 1723
February 24, 2023, 10:46:18 PM
#1
So the hype this week was when Coinbase listed Blur. Then we got the airdrop and if you are looking at the Gas guzzler sources you will see that Blur has more activity than Opensea. It also has more volume. And there is another airdrop round 2 coming and they are going to airdrop more tokens for bidders and holders of NFTs.

Already there are many people who are buying massively on Blur to get the airdrop and maybe are listing their NFTs on Blur from Opensea. Seems there is a massive fight between these two NFT giants.

What does everyone think of Blur? Does it have the capacity to overtake Opensea in the long run? Currently its market cap even fully diluted is like $2B but Opensea was valued at something like $13B so it seemed under valued even with full diluation. Currently there is only 400,000,000 or so token released out of a possible 3,000,000,000.
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