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Topic: The NFT hype makes Opensea rich - page 4. (Read 648 times)

hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
February 09, 2022, 06:22:44 PM
#5
In the last few months NFT has become one of the hype that cannot be underestimated. Their hype is too big and not even a few people can become billionaires from this NFT and now perhaps the most popular example is NFT Magic Ghazali Everyday who does sell photos of himself and Benjamin Ahmed with his Weird Whales work.
Yeah but that's only for the owner. The fact that after the hype already gone and the late buyers can't even sell their NFT. they are getting trapped by the hype. You must also need to know that since NFT was not liquid and people who bought will be so difficult to sell.

Of course, with this NFT Hype, several NFT marketplaces have started to soar and one of them is Opensea.
Openseea became very busy with the NFT Hype even Opensea's All-Time NFT Sales Volume Passed $20 Billion since they were created in 2017.
Of course, this is an extraordinary record for them because they are now one of the leading markets now and outperform its current competitor, NFT Looksrare.

Apart from some scams and manipulations in it this is of course a sizeable amount for NFT Sales on the Marketplace.

Source : https://news.bitcoin.com/openseas-all-time-nft-sales-volume-crosses-20-billion/
Opensea was the biggest one. I would not be surprised to see that opensea has the biggest volume since so many NFT with high value gets centralized on it. Just take a look at the daily volume trade for any NFT. it touches more than 10k ethereum which was a lot of money. Opensea is getting a lot from the fees
sr. member
Activity: 1554
Merit: 413
February 09, 2022, 06:12:16 PM
#4
... and now perhaps the most popular example is NFT Magic Ghazali Everyday who does sell photos of himself and Benjamin Ahmed with his Weird Whales work.
I'm not sure if it was true but I've also seen a post saying someone sold his nipple.

...
you will see a lot of substandard arts, which should never made it to their list.
I agree that some of the "arts" shouldn't be there and I also find the prices of sold items too high but we do not share the same view as others.

I think one of the reason Opensea became a popular destination of NFTs is the freedom it gives to creators. They will most likely choose other platforms if it becomes too restricted.
hero member
Activity: 2744
Merit: 588
February 09, 2022, 04:56:36 PM
#3
Opensea also makes a lot of people rich and this has been a great platform to sell your NFTs because there are many users who are willing to buy some NFTs. This is their Business, they did a great job and now they are enjoying the fruit of their work.

Scams, fake projects are already part of this market, if you are afraid to fall for that better to study first before investing or buying any NFTs, don’t just follow the hype lear from it.

I just wish they have the feature of blacklisting a user, if he is found to be scamming users on their platform.
Or they have this feedback feature for the creators. If the buyer is satisfied with that particular creator or not.
And share their experience with the creator. They can validate it if the user is indeed a buyer of that creator's item.
Because if you look at OpenSea, you will see a lot of substandard arts, which should never made it to their list.
full member
Activity: 2086
Merit: 193
February 09, 2022, 04:49:49 PM
#2
Opensea also makes a lot of people rich and this has been a great platform to sell your NFTs because there are many users who are willing to buy some NFTs. This is their Business, they did a great job and now they are enjoying the fruit of their work.

Scams, fake projects are already part of this market, if you are afraid to fall for that better to study first before investing or buying any NFTs, don’t just follow the hype lear from it.
hero member
Activity: 910
Merit: 677
February 09, 2022, 03:16:33 PM
#1
In the last few months NFT has become one of the hype that cannot be underestimated. Their hype is too big and not even a few people can become billionaires from this NFT and now perhaps the most popular example is NFT Magic Ghazali Everyday who does sell photos of himself and Benjamin Ahmed with his Weird Whales work.

Of course, with this NFT Hype, several NFT marketplaces have started to soar and one of them is Opensea.
Openseea became very busy with the NFT Hype even Opensea's All-Time NFT Sales Volume Passed $20 Billion since they were created in 2017.
Of course, this is an extraordinary record for them because they are now one of the leading markets now and outperform its current competitor, NFT Looksrare.

Apart from some scams and manipulations in it this is of course a sizeable amount for NFT Sales on the Marketplace.

Source : https://news.bitcoin.com/openseas-all-time-nft-sales-volume-crosses-20-billion/
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