{The marketplace} platform for non-fungible tokens (NFT) OpenSea continues to impress within the new 12 months with rising acceptance and buying and selling figures. The NFT big has reached a brand new milestone within the variety of lively customers on the platform.

  • Information from Dune Analytics as of Thursday 13th January 2022 confirmed that OpenSea has now surpassed a million lively consumer wallets on the platform.

Supply: Dune Analytics

  • The milestone is the newest indication of OpenSea’s continued progress within the early days of 2022 after experiencing large growth over the previous 12 months.
  • Thursday’s information follows reviews that the platform has traded over $2 billion because the begin of 2022 and could also be hitting a brand new all-time excessive by way of month-to-month buying and selling exercise.
  • In early January 2022, firm co-founder Devin Finzer introduced that OpenSea had raised $300 million in a Sequence C funding spherical.
  • This took OpenSea’s market valuation to a staggering $13.three billion, a major soar from its July 2021 valuation of $1.5 billion.
  • OpenSea’s whirlwind begin to 2022 additionally matches the extent of NFT-related exercise that characterised the early days of the 12 months, with in style collections equivalent to CryptoPunks and Bored Ape Yacht Membership persevering with to garner large curiosity.
  • Whereas the platform’s dominance stays unmatched, OpenSea might face competitors from upstarts like LooksRare. The latter just lately launched its market with an airdrop for customers.

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