Oh, fees of the marketplace totally explain the traffic. I thought that they were just airdrop hunters. This is good news as longer they keep having lower fees, more pressure it gives to opensea to lower their fees. That's really the only way to compete if network effect moves to blur. This means that their token could actually be worth something. I must take another look at their model.
hopefully though it's not some short lived promotion but instead the fee is fixed so that it gonna make the other competition rethink their decision twice, after all, higher fee just means lower user interacting with smart contract and therefore the platform losing customers. 
Topic: Do you think Blur will overtake Opensea (Read 422 times)
opensea still have much more traffic nowadays as I see, why? because opensea smart contract still far above blur smart contract in term of transaction you could see it in etherscan and decide yourself.
in short, it still haven't overtaken yet.
in short, it still haven't overtaken yet.
(...)We will still not know what will be the future updates of these 2 NFT platforms, maybe some of them will adjust to compete with the other one. It's still early to decide here. Blur is new platform while Opensea is already here for long time.
I fully admit at the moment Blur shows their accessibility to users as well but the experience is much better than opensea, maybe next time opensea will have some plan to change the structure as well. as a way to re-engage users to re-engage. As well as the competition to regain market share in the NFT segment that both are exploiting, I have also heard about some rumors from the past several months about the marketability of opensea through the airdrop campaign for users. users, but I really don't appreciate the ability this will help draw users back to them, while Blur still shows that they are attractive.If opensea do an airdrop, they might attract users but that will only be for temporary. Once the people get their share, they can sell it and go back on their previous favorites. It will only be a waste of money for the company. The only thing that opensea can do is to create a new feature which doesn't exit yet on any other NFT platforms. That might help them magnet users that could stay on them for a long time.
There is always the possibility that Blur will surpass Opensea or beat. Blur got a better user experience and good UI and as I saw in their articles that OpenSea receives a 2.5% fee on all secondary sales.
While Blur charges no transaction fees and advises buyers to pay a royalty rate of 0.5% by default, though this can be changed or set to 0.
We will still not know what will be the future updates of these 2 NFT platforms, maybe some of them will adjust to compete with the other one. It's still early to decide here. Blur is new platform while Opensea is already here for long time.
sounds like that could be the main reason blur smart contract is having so much of traffic, after all 2.5% fee is not some measly and I think it also didn't include the royalty fee that an NFT maker could be having.While Blur charges no transaction fees and advises buyers to pay a royalty rate of 0.5% by default, though this can be changed or set to 0.
We will still not know what will be the future updates of these 2 NFT platforms, maybe some of them will adjust to compete with the other one. It's still early to decide here. Blur is new platform while Opensea is already here for long time.
considering that ethereum fee is also tremendously high nowadays, it make sense all the nft airdrops and the other like nft game assets are moving over to blur for NFT marketplace because it could save their fortunes.
it seems blur gonna be really tough contender for opensea considering it also has really good funding from reputed venture capitals in which in this case is venturing in NFT fields trying to end opensea domination.
prominently in ethereum blockchain in which have so many NFT being released every day.
blur is still in phase of promotion, unlike its competition that's already seeking profit, you could guess which one gonna have the massive growth.
we still don't know whether blur could retain its users after the promotion done, so it's still rather too early to decide which one gonna win.
we still don't know whether blur could retain its users after the promotion done, so it's still rather too early to decide which one gonna win.
There is always the possibility that Blur will surpass Opensea or beat. Blur got a better user experience and good UI and as I saw in their articles that OpenSea receives a 2.5% fee on all secondary sales.
While Blur charges no transaction fees and advises buyers to pay a royalty rate of 0.5% by default, though this can be changed or set to 0.
We will still not know what will be the future updates of these 2 NFT platforms, maybe some of them will adjust to compete with the other one. It's still early to decide here. Blur is new platform while Opensea is already here for long time.
Oh, fees of the marketplace totally explain the traffic. I thought that they were just airdrop hunters. This is good news as longer they keep having lower fees, more pressure it gives to opensea to lower their fees. That's really the only way to compete if network effect moves to blur. This means that their token could actually be worth something. I must take another look at their model. While Blur charges no transaction fees and advises buyers to pay a royalty rate of 0.5% by default, though this can be changed or set to 0.
We will still not know what will be the future updates of these 2 NFT platforms, maybe some of them will adjust to compete with the other one. It's still early to decide here. Blur is new platform while Opensea is already here for long time.
(...)We will still not know what will be the future updates of these 2 NFT platforms, maybe some of them will adjust to compete with the other one. It's still early to decide here. Blur is new platform while Opensea is already here for long time.
I fully admit at the moment Blur shows their accessibility to users as well but the experience is much better than opensea, maybe next time opensea will have some plan to change the structure as well. as a way to re-engage users to re-engage. As well as the competition to regain market share in the NFT segment that both are exploiting, I have also heard about some rumors from the past several months about the marketability of opensea through the airdrop campaign for users. users, but I really don't appreciate the ability this will help draw users back to them, while Blur still shows that they are attractive. 
There is always the possibility that Blur will surpass Opensea or beat. Blur got a better user experience and good UI and as I saw in their articles that OpenSea receives a 2.5% fee on all secondary sales.
While Blur charges no transaction fees and advises buyers to pay a royalty rate of 0.5% by default, though this can be changed or set to 0.
We will still not know what will be the future updates of these 2 NFT platforms, maybe some of them will adjust to compete with the other one. It's still early to decide here. Blur is new platform while Opensea is already here for long time.
While Blur charges no transaction fees and advises buyers to pay a royalty rate of 0.5% by default, though this can be changed or set to 0.
We will still not know what will be the future updates of these 2 NFT platforms, maybe some of them will adjust to compete with the other one. It's still early to decide here. Blur is new platform while Opensea is already here for long time.
Blur made a very good start and secret of their success is giving benefits to community. They gives theirs community a huge airdrop who traded NFT on their platform. Their gas fee is also low as compared to opensea. I think in short term No NFT marketplace can overtake Opensea as number of users are high there. In future if they make some big partnerships then maybe happen.
for me, it is good development for the NFT market. because the more they are in this field, the better for the customers as they will have better options to choose from. it won't be good if only one in the business as they can dictate the market. opensea is the more popular name for now. but if they won't step up, blur can easily surpass what they have.
Blur made a very good start and secret of their success is giving benefits to community. They gives theirs community a huge airdrop who traded NFT on their platform. Their gas fee is also low as compared to opensea. I think in short term No NFT marketplace can overtake Opensea as number of users are high there. In future if they make some big partnerships then maybe happen.
Opensea did nothing wrong and never scammed anyone and a legit place, and I still think that it will be considered the market leader when people lose all the hype for Blur, but just because they are legit, doesn't mean opensea never had any scammers in it, you could create NFT and sell it there today, and sell it for millions, and you could take it and leave and never follow up on the project, opensea can't do anything about it. They are not responsible for that, and people would still blame them.
OpenSea supported large-scale wash trading, organized insider trading, and 80% of the NFTs that were added to the platform's listing turned out to be scam, plagiarized, or stolen projects. It would be too naive to believe that OpenSea did not use any of these schemes for personal enrichment. It is just as naive as to believe that bank owners are not scamming anyone and are running their business completely honestly, just like cryptocurrency exchanges. Cryptocurrencies are an ideal place for all kinds of financial schemes, and when someone owns the largest marketplace, where hundreds of millions of dollars are circulating, he will certainly use it for his own selfish purposes, as one of the managers of this marketplace did.
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.
Opensea did nothing wrong and never scammed anyone and a legit place, and I still think that it will be considered the market leader when people lose all the hype for Blur, but just because they are legit, doesn't mean opensea never had any scammers in it, you could create NFT and sell it there today, and sell it for millions, and you could take it and leave and never follow up on the project, opensea can't do anything about it. They are not responsible for that, and people would still blame them.
nothing wrong with blur taking over the opensea, it's just nft markets, doesn't effect anything at all honestly. even if opensea gets taken over by blur, everyone could still have the choice to list their nft wherever they want.
i'd be more concerned about the nft transaction that quite literally be some of the reason it caused the gas fee to be this high. maybe the presence of opensea competition will further carry the gas fee to be higher.
i'd be more concerned about the nft transaction that quite literally be some of the reason it caused the gas fee to be this high. maybe the presence of opensea competition will further carry the gas fee to be higher.
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.
well it's just matter of time, blur has been quite good enough in growing their market, but it's still can't be denied that most of the good quality metaverse are still hosting airdrops in opensea, maybe because everyone already getting familiar with it rather than blur but we all know that both actually is quite similar.opensea on its own, is already having such massive value. but it's good to know that there are other meaningful competition towards open sea, generally some nft market places are just some random liveless platform and didn't stand chance against opensea domination.
(...)The way the market is set up, the leaders are constantly changing, the time of OpenSea is over, Blur is in many ways superior to this marketplace.
Perhaps I can be wrong about some misunderstanding between these platforms, but really what I have observed about some of the clutter related to Opensea in the past time is only considered as a perfecting process it, because nothing is absolutely perfect, in this market competition is very fair and sometimes very negative. We can talk well about one thing and disparage the competition, but as a user I'm mostly concerned with how it helps to use it, and indeed through different stages. each other, each platform shows its value. Blur's current can be said to be one of the leading markets for NFT, they have a good approach to product communication and strategies to attract users, but Opensea cannot be ignored when some speculation about future Airdrop, I think users will come back again to use with it.Which airdops are you referring to? OpenSea only beats Blur in fame right now. Say, well-known global brands and people are more likely to use OpenSea to promote their collections than other platforms. In terms of custom collections and commission policy, Blur is, in my opinion, better than OpenSea.
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.
I do not think that it is "that" bad, I mean sure they are not as high as it used to be, but mt.gox was the first exchange in crypto and had it all as well, it is not like that keeps on going. Opensea did much better than that, they are still at the top and yes they are losing some to competition but they couldn't be 100% so there was already a chance for it to start dropping.As long as they have the bigger market share in the nft marketplace world, that would be good enough for them, there is nothing that requires them to do any better or worse, they should be just doing whatever they can do and that will be enough for them, otherwise the rest is not that important and should be ignored. I think blur would be good enough, but not at the top place, not the biggest one.
They are doing professional marketing that much is true, they are spending some money on marketing that is without a doubt right but the fact that they are doing proper marketing with that money and not just random spending spree, is the difference maker. They are doing marketing like they have been working in digital marketing for many long years.
However, will that be enough to pass opensea? I am not sure, I think it may take some time and would probably not really happen, it may not be that easy. I feel like we may end up with opensea at the top yet a while longer, only thing that will make the difference over course of some time could be opensea not growing anymore and staying still while blur keep growing and becoming bigger and better.
This is probably an answer that we are not going to get until the next bull market comes, the NFT market is not what it was, and while I doubt that it will ever recover and be as influential as it was, once the bull market comes I think many speculators will begin to invest on NFTs once again, only then we will know if Blur can surpass Opensea and replace it or if Opensea is able to retain the hegemony it has maintained for some time already. However, will that be enough to pass opensea? I am not sure, I think it may take some time and would probably not really happen, it may not be that easy. I feel like we may end up with opensea at the top yet a while longer, only thing that will make the difference over course of some time could be opensea not growing anymore and staying still while blur keep growing and becoming bigger and better.
(...)The way the market is set up, the leaders are constantly changing, the time of OpenSea is over, Blur is in many ways superior to this marketplace.
Perhaps I can be wrong about some misunderstanding between these platforms, but really what I have observed about some of the clutter related to Opensea in the past time is only considered as a perfecting process it, because nothing is absolutely perfect, in this market competition is very fair and sometimes very negative. We can talk well about one thing and disparage the competition, but as a user I'm mostly concerned with how it helps to use it, and indeed through different stages. each other, each platform shows its value. Blur's current can be said to be one of the leading markets for NFT, they have a good approach to product communication and strategies to attract users, but Opensea cannot be ignored when some speculation about future Airdrop, I think users will come back again to use with it. 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.Apparently you have not been following the news, one of the managers of OpenSea was accused of insider trading during the NFT rush. This is one of the schemes used by employees of this marketplace. What went on in this marketplace was the fault of the managers, who not only failed to work out the security and reliability of the platform, but were themselves involved in such activities.
The way the market is set up, the leaders are constantly changing, the time of OpenSea is over, Blur is in many ways superior to this marketplace.
They are doing professional marketing that much is true, they are spending some money on marketing that is without a doubt right but the fact that they are doing proper marketing with that money and not just random spending spree, is the difference maker. They are doing marketing like they have been working in digital marketing for many long years.
However, will that be enough to pass opensea? I am not sure, I think it may take some time and would probably not really happen, it may not be that easy. I feel like we may end up with opensea at the top yet a while longer, only thing that will make the difference over course of some time could be opensea not growing anymore and staying still while blur keep growing and becoming bigger and better.
However, will that be enough to pass opensea? I am not sure, I think it may take some time and would probably not really happen, it may not be that easy. I feel like we may end up with opensea at the top yet a while longer, only thing that will make the difference over course of some time could be opensea not growing anymore and staying still while blur keep growing and becoming bigger and better.
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.
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.
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.
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.
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.
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.
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.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 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.
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.
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.
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. 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.
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.
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.
Jump to: