Non-fungible tokens have become highly popular throughout the ongoing year, especially during its second half. Following the developments in the space, OpenSea – the hegemon in the NFT universe – has recently surpassed $10 billion in total trading volumes.
According to DappRadar, the number of traders who accounted for achieving this milestone was more than 630,000, while the average price of the sold digital collectibles was around $872.
The success of OpenSea is significant, to say the least, since three months ago, its trading volumes were ten times less – $1 billion. In comparison, the total volume for the entire 2020 was just 21 million.
The results once again indicated that OpenSea is the most dominant marketplace for buying and selling non-fungible tokens (NFTs).
The Road to The Top
Before it began dominating the NFT universe, in March this year, OpenSea completed a $23 million funding round led by the venture capital firm Andreessen Horowitz, also known as a16z.
Another development that splashed the waters in the digital asset space this year was the Bored Ape Yacht Club. The collection of 10,000 unique digital images of monkeys were predominantly displayed on OpenSea as many NFT fans spent millions to acquire some of the collectibles. As OpenSea hits the market on a big scale, it is the best time to start your own NFT marketplace like OpenSea.
Source: Cryptopotato
How to start OpenSea like NFT Marketplace?
OpenSea Clone Script is a non-fungible token clone script built with the intent of creating a P2P NFT marketplace like OpenSea. OpenSea Clone Script contains 100% source code which allows easy exchange of digital goods like NFT collectibles. It allows the trading of crypto-collectibles for performing buying & selling across different blockchain networks.
Our OpenSea Clone Script functions are interoperable by interacting with many blockchains like BSC, Ethereum,etc,.. for exchanging digital goods in a reliable way. You can make use of this source code to start a decentralized NFT marketplace like OpenSea.
Readymade OpenSea Clone Script available here!!!
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New York City and crypto collectibles go hand-in-hand.
The Ethereum-compatible marketplace is the leader in buying and selling crypto collectibles.
The core-features of an OpenSea NFT marketplaceActivity SectionReal-time statistics are available about the name of the artists and investors, the number of collectibles, unit price, date and time of minting.
It keeps on updating depending on the number of buy and sell orders.
They can sync digital wallets like Authereum, Bitski, Dapper, Coinbase Wallet, Fortmatic, Kaikas, MetaMask, and Trust Wallet.
They can press the Drops panel and view the name of the owner, number of NFTs, and the trading volume in Ether (ETH).
Sales in OpenSea is sky-rocketing and breaks the records by hitting $2.5 B sales in six months of this year.
Talking about its record-breaking growth OpenSea hits $150M sales in just a month.The entire world turns towards the NFT marketplace because the future of digital collectibles exchange relies on the NFT marketplace.
NFT marketplaces are none other than an independently operating trading platform for exchanging digital goods like arts, sports, music, real estate, video, games, accessories, domain names, infrastructure development, digital collectibles, photography, software license management, exchange marketplace, digital content, investments & collaterals, etc,...Lots and lots of people show interest in creating an NFT Marketplace like OpenSea because of its raising demand spiking among the NFT enthusiast.NFT - Non-fungible tokens, has a unique token value that is absolutely different from each other shows a transaction record of about 10,000 and 20,000 buyers per week since early March.Most profilic growth of NFT starts here as the sales % increased in the first 500 days of its launch.
NFT marketplace runs on top of Blockchain networks by offering interoperable digital goods from one platform to another executes automatically with the help of smart contracts.How To Launch OpenSea Like NFT Marketplace Quickly?Simple solutions let you to build and start your own NFT marketplace like OpenSea.
Before getting started with it, OpenSea is an NFT Marketplace, that offers huge digital goods trading facility by promising exchanges like arts, music, GIFs, games, sports, etc,...NFT marketplace can replace E-commerce sites, by providing a quick NFT transfer by allowing buying, selling, bidding & more with very little gas fee.
Anyone can start an NFT marketplace for different sectors like NFT platforms for music, NFT Platforms for games, NFT platforms for arts, etc,... if they have a source code like NFT Marketplace Clone Script.
Opensea, like NFT marketplace development, is trending in the blockchain world and gained millions of users' attention in less time.
The non-fungible tokens (NFTs) have unique properties in nature and hold great value in the marketplace.
The NFTs can be anything after tokenizing the digital collectibles like video clips, audio clips, artworks, and trading cards.
It is an essential NFT platform for users to trade non-fungible tokens.
Opensea, like NFT marketplace, is considered an open platform that allows any digital assets to be transacted without interruption.
It is currently dominating other competitors in the global market and generating high revenue for investors.
