Post
Topic
Board Altcoin Discussion
Re: OpenSea investor cuts Platform’s Valuation By 75%
by
firesurfer
on 28/04/2023, 14:22:17 UTC
I'm not surprised to see Opensea valuations drop. We are in a bear market, the money flow is being blocked.
The NFT market is becoming much quieter than before. Perhaps more efforts will be needed to improve technology and user attraction policies. There are more competing platforms and that's a barrier for Opensea.