In the last few months NFT has become one of the hype that cannot be underestimated. Their hype is too big and not even a few people can become billionaires from this NFT and now perhaps the most popular example is NFT Magic Ghazali Everyday who does sell photos of himself and Benjamin Ahmed with his Weird Whales work.
Yeah but that's only for the owner. The fact that after the hype already gone and the late buyers can't even sell their NFT. they are getting trapped by the hype. You must also need to know that since NFT was not liquid and people who bought will be so difficult to sell.
Of course, with this NFT Hype, several NFT marketplaces have started to soar and one of them is Opensea.
Openseea became very busy with the NFT Hype even Opensea's All-Time NFT Sales Volume Passed $20 Billion since they were created in 2017.
Of course, this is an extraordinary record for them because they are now one of the leading markets now and outperform its current competitor, NFT Looksrare.
Apart from some scams and manipulations in it this is of course a sizeable amount for NFT Sales on the Marketplace.
Source :
https://news.bitcoin.com/openseas-all-time-nft-sales-volume-crosses-20-billion/Opensea was the biggest one. I would not be surprised to see that opensea has the biggest volume since so many NFT with high value gets centralized on it. Just take a look at the daily volume trade for any NFT. it touches more than 10k ethereum which was a lot of money. Opensea is getting a lot from the fees