fbpx
  • About Us
  • Contact
  • Sponsored Content
  • Price Tracker
  • Write for Us
  • Terms and Conditions
Coin Culture
  • Markets
  • Policy
  • Tech
  • People
  • Business
  • 101 Guide
    • Bitcoin Guide
    • Blockchain Guide
    • Ethereum Guide
    • DeFi Guide
    • Trading Guide
    • Bitcoin Cash Guide
    • Ripple Guide
    • NFT
  • Hot topics
    • NFT
    • Games
  • Forecast
    • Ethereum
    • Bitcoin
  • Exchanges
    • Crypto Exchange Reviews
      • CoinSpot Review
      • Crypto.com Review
      • Swyftx Review
      • Zipmex Review
      • Pionex Review
      • Gemini Review
      • CoinList Review
      • OKX Review
    • Exchange Comparisons
      • CoinSpot vs Swyftx
      • CoinSpot vs Digital Surge
      • CoinSpot vs Coinbase
      • Coinspot vs Binance
      • CoinSpot vs Kraken
      • CoinSpot vs Independent Reserve
      • CoinSpot vs Bitfinex
      • Coinspot vs Plus500
      • CoinSpot vs Bittrex
      • CoinSpot vs BTC Markets
      • CoinSpot Vs Etoro
      • CoinSpot vs Cointree
      • CoinSpot vs KuCoin
      • Crypto.com Vs Coinbase
      • Crypto.com vs Binance
      • Swyftx vs. Independent Reserve
      • Swyftx vs. CoinJar
      • KuCoin vs. Coinbase
No Result
View All Result
Coin Culture
  • Markets
  • Policy
  • Tech
  • People
  • Business
  • 101 Guide
    • Bitcoin Guide
    • Blockchain Guide
    • Ethereum Guide
    • DeFi Guide
    • Trading Guide
    • Bitcoin Cash Guide
    • Ripple Guide
    • NFT
  • Hot topics
    • NFT
    • Games
  • Forecast
    • Ethereum
    • Bitcoin
  • Exchanges
    • Crypto Exchange Reviews
      • CoinSpot Review
      • Crypto.com Review
      • Swyftx Review
      • Zipmex Review
      • Pionex Review
      • Gemini Review
      • CoinList Review
      • OKX Review
    • Exchange Comparisons
      • CoinSpot vs Swyftx
      • CoinSpot vs Digital Surge
      • CoinSpot vs Coinbase
      • Coinspot vs Binance
      • CoinSpot vs Kraken
      • CoinSpot vs Independent Reserve
      • CoinSpot vs Bitfinex
      • Coinspot vs Plus500
      • CoinSpot vs Bittrex
      • CoinSpot vs BTC Markets
      • CoinSpot Vs Etoro
      • CoinSpot vs Cointree
      • CoinSpot vs KuCoin
      • Crypto.com Vs Coinbase
      • Crypto.com vs Binance
      • Swyftx vs. Independent Reserve
      • Swyftx vs. CoinJar
      • KuCoin vs. Coinbase
No Result
View All Result
Coin Culture Logo
No Result
View All Result

Home » DappRadar Report: NFT Platform Warfare Could Be Imminent

DappRadar Report: NFT Platform Warfare Could Be Imminent

Tuni Lala by Tuni Lala
July 9, 2022
in Markets
DappRadar Report: NFT Platform Warfare Could Be Imminent
Share on FacebookShare on Twitter

OpenSea, UniSwap, MagicEden, eBay, and others are purchasing NFT aggregation tools and taking a position to increase their market share within the expanding NFT ecosystem.

You might also like

Decentralised Social Media Landscape Has Retention Issue, Says Execs

Chinese National Arrested in Sydney for Involvement in $100M Crypto Scam

Inflation Holds Steady: CPI Figures and Implications for Interest Rates and Bitcoin

DappRader’s “Dapp Industry Report for Q2” 2022 suggested that a non-fungible token (NFT) platform war could be imminent.

UniSwap recently bought Genie and OpenSea acquired Gem to extend their respective businesses to include NFT aggregation tools, which collect NFT offers from other trading platforms. Meanwhile, emerging platforms like Magic Eden and X2Y2 continue challenging OpenSea’s present 75% NFT market domination.

These purchases will soon place well-established businesses such as OpenSea and UniSwap in direct rivalry. eBay has bought KnownOrigin, an Ethereum-based digital art market, to extend its digital product offerings and skills in the NFT arena.

OpenSea has been facing challenges by the proliferation of NFT systems on several blockchains. The company’s market share has decreased due to competitors such as Magic Eden, LooksRare, and X2Y2.

NFTs are here to stay. Image: Dappradar

In April, CNBC reported that OpenSea had over 1.5 million active users. DappRadar says the platform has gained 66,03 thousand users in the last thirty days, compared to MagicEden’s 279,97 thousand. According to the same DappRadar statistics, MagicEden had 14,1 million transactions in the previous thirty days, whereas OpenSea had just 955,69 thousand. In addition, the study states, “Magic Eden accounts for 10% of all NFTs transactions during this quarter.”

Meta recently announced the shutdown of its Novi wallet after a 10-month experimental period. Recently, the average cost of Ethereum gas costs plummeted to its lowest level since 2020. According to other NFT-related news, experts have outlined how music NFTs would strengthen the relationship between producers and fans.

Tags: NFTNFT Game
Tuni Lala

Tuni Lala

Recommended For You

Decentralised Social Media Landscape Has Retention Issue, Says Execs

by Tuni Lala
August 29, 2023
0
Decentralised Social Media Landscape Has Retention Issue, Says Execs

Despite the recent surge in popularity of the decentralised social media app Friend.tech, industry executives assert that the journey is far from over. Numerous obstacles persist, with many...

Read more

Chinese National Arrested in Sydney for Involvement in $100M Crypto Scam

by Tuni Lala
August 20, 2023
0
Chinese National Arrested in Sydney for Involvement in $100M Crypto Scam

Australian law enforcement authorities have apprehended a sixth Chinese national concerning a crypto scam that defrauded American victims of over $100 million. The scheme exploited crypto and forex...

Read more

Inflation Holds Steady: CPI Figures and Implications for Interest Rates and Bitcoin

by Tuni Lala
August 11, 2023
0
Inflation Holds Steady: CPI Figures and Implications for Interest Rates and Bitcoin

In July, the Consumer Price Index (CPI) experienced a 0.2% increase compared to June, aligning with economists' predictions and mirroring the monthly growth observed in June. On a...

Read more

Bitcoin Holds Firm At $29K, Ether And Alts Flat As BOJ Makes Hawkish Move

by Tuni Lala
July 29, 2023
0
Bitcoin Holds Firm At $29K, Ether And Alts Flat As BOJ Makes Hawkish Move

During the Asia trading day, Bitcoin (BTC) held steady at the $29,000 level, while ether (ETH) experienced a slight dip to $1,858. The market was reacting to the...

Read more

Is Crypto Dead? When Will Crypto Recover?

by Van Tran
August 9, 2023
0
Is Crypto Dead? When Will Crypto Recover?

If 2022 was challenging for the crypto market, 2023 doesn't offer much relief either. The market cap reached a record high of $3 trillion in November 2021 and...

Read more
Next Post
How A Fake Job Offer Took Axie Infinity Down

How A Fake Job Offer Took Axie Infinity Down

Most popular

  • Quantum AI Review 2023: Is Quantum AI Legit or Scam?

    Quantum AI Review 2023: Is Quantum AI Legit or Scam?

    112 shares
    Share 45 Tweet 28
  • 20 Best Crypto Copy Trading Platforms: A Curated List 2023

    558 shares
    Share 223 Tweet 140
  • CommSec Pocket Review 2023: Pros & Cons, Fees & Security

    104 shares
    Share 42 Tweet 26
  • VRA Price Predictions 2023-2030: Can VRA Price Exceed $1?

    145 shares
    Share 58 Tweet 36
  • TRX Price Predictions 2023-2030: Can TRON Reach $100?

    117 shares
    Share 47 Tweet 29

Recommended

Binance CEO CZ Zhao and Exchange Seek Dismissal of SEC Lawsuit, Citing Regulatory Overreach

Binance CEO CZ Zhao and Exchange Seek Dismissal of SEC Lawsuit, Citing Regulatory Overreach

September 23, 2023
ASIC Initiates Legal Action Against Bit Trade Over Margin Trading Product Compliance

ASIC Initiates Legal Action Against Bit Trade Over Margin Trading Product Compliance

September 22, 2023
Kraken Review 2023: Fees, Features, Pros & Cons

Kraken Review 2023: Fees, Features, Pros & Cons

September 21, 2023
Stanford University to Return Multi-Million Dollar "FTX Gifts" Amidst Controversy

Stanford University to Return Multi-Million Dollar “FTX Gifts” Amidst Controversy

September 21, 2023
Facebook Twitter Instagram
coin culture logo

Your Australian news source for all things cryptocurrency. Coin Culture is an independent media outlet that aims to provide an Aussie take on crypto, digital assets, and investing.

Hot Topics

  • DeFi
  • NFT
  • Gaming

Top articles

CoinSpot Review
Swyftx Review
Best Crypto Exchanges Australia
CoinSpot vs Swyftx

BROWSE BY TAG

Adoption Altcoin News Banks Bitcoin Bitcoin News btc Business Cardano CBDC China Coinbase CoinSpot Crypto Cryptocurrencies Crypto Exchange DeFi El Salvador ETF Ethereum Exchanges Feature FTX Games hacks Markets Metaverse Mining NFT NFT Game Opinion People Policy and Regulation SAM SEC Security Solana Stablecoins Tech Terra Top Crypto News Australia | CoinCulture Trading U.S. US web3 XRP News

© 2022 CoinCulture. All rights reserved.

No Result
View All Result
  • Markets
  • Policy
  • Tech
  • People
  • Business
  • 101 Guide
    • Bitcoin Guide
    • Blockchain Guide
    • Ethereum Guide
    • DeFi Guide
    • Trading Guide
    • Bitcoin Cash Guide
    • Ripple Guide
    • NFT
  • Hot topics
    • NFT
    • Games
  • Forecast
    • Ethereum
    • Bitcoin
  • Exchanges
    • Crypto Exchange Reviews
      • CoinSpot Review
      • Crypto.com Review
      • Swyftx Review
      • Zipmex Review
      • Pionex Review
      • Gemini Review
      • CoinList Review
      • OKX Review
    • Exchange Comparisons
      • CoinSpot vs Swyftx
      • CoinSpot vs Digital Surge
      • CoinSpot vs Coinbase
      • Coinspot vs Binance
      • CoinSpot vs Kraken
      • CoinSpot vs Independent Reserve
      • CoinSpot vs Bitfinex
      • Coinspot vs Plus500
      • CoinSpot vs Bittrex
      • CoinSpot vs BTC Markets
      • CoinSpot Vs Etoro
      • CoinSpot vs Cointree
      • CoinSpot vs KuCoin
      • Crypto.com Vs Coinbase
      • Crypto.com vs Binance
      • Swyftx vs. Independent Reserve
      • Swyftx vs. CoinJar
      • KuCoin vs. Coinbase

© 2022 CoinCulture. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter and activate your license key for Cryptocurrency Widgets PRO plugin for unrestricted and full access of all premium features.
  • bitcoinBitcoin(BTC)$26,596.000.190%
    BITCOIN
    24H : 0.190%
    Volume : $4,885,645,195.00
    Marketcap : $518,325,586,779.00
  • ethereumEthereum(ETH)$1,591.510.200%
    ETHEREUM
    24H : 0.200%
    Volume : $3,140,179,937.00
    Marketcap : $191,270,993,355.00
  • tetherTether(USDT)$1.000-0.03%
    TETHER
    24H : -0.03%
    Volume : $10,803,018,851.00
    Marketcap : $83,212,154,936.00
  • binancecoinBNB(BNB)$210.410.140%
    BNB
    24H : 0.140%
    Volume : $187,118,431.00
    Marketcap : $32,369,413,057.00
  • rippleXRP(XRP)$0.510-0.48%
    XRP
    24H : -0.48%
    Volume : $381,183,163.00
    Marketcap : $27,159,706,565.00
  • usd-coinUSDC(USDC)$1.0000.030%
    USDC
    24H : 0.030%
    Volume : $1,862,018,168.00
    Marketcap : $25,764,696,133.00
  • staked-etherLido Staked Ether(STETH)$1,591.090.210%
    LIDO STAKED ETHER
    24H : 0.210%
    Volume : $5,707,359.00
    Marketcap : $13,869,695,237.00
  • dogecoinDogecoin(DOGE)$0.0620.620%
    DOGECOIN
    24H : 0.620%
    Volume : $120,341,437.00
    Marketcap : $8,693,859,063.00
  • cardanoCardano(ADA)$0.2461.22%
    CARDANO
    24H : 1.22%
    Volume : $81,673,043.00
    Marketcap : $8,606,116,104.00
  • solanaSolana(SOL)$19.410.360%
    SOLANA
    24H : 0.360%
    Volume : $148,104,603.00
    Marketcap : $8,007,780,314.00

Add New Playlist