Do you think Blur will overtake Opensea

[bitkanu]

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.

[adaseb]

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.

[o48o]

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.

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.

[Similificator]

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. . .

[darewaller]

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.

[WalkerIVIV]

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.

[disconnectme]

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.

[lobo13hf]

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.

[el kaka22]

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.

[Xal0lex]

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.

[bussybuddy]

(...)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.

[Silberman]

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.

[FanEagle]

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.

[Xal0lex]

(...)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.

[JeffBrad12]

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.

[bitkanu]

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.

[sana54210]

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.

That's the issue that industry leaders have to face each time. Whenever something new happens in the crypto world, there will be people who will try to abuse and scam using that new method, and that means whatever is the first one, will be the case for the abusers and scammers.

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.

[Xal0lex]

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.

[MFahad]

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.

[AmoreJaz]

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.