OpenSea – crossed the mark of $10 billion | Start Your Own NFT Marketplace like OpenSea

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SellBit Buy activities: , , Cryptocurrency exchange development company

Nov 10, 2021

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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Articles authored by SellBit Buy

Published: Nov 18, 2021

Published: Sep 2, 2021