How to build NFT MarketPlace like OpenSea?

How to reach the top of the NFT trading sector? OpenSea, an Ethereum-based online marketplace has achieved it now. It has the highest daily trading volume ($46.75 million) in the entire industry as per DAppRadar.  The OpenSea NFT marketplace is well ahead of rivals like Axie Infinity ($32.27 million), CryptoPunks ($2.58 million), and Rarible ($772,860). Hence, entrepreneurs can join the bandwagon by procuring an OpenSea clone script from a popular app development company. 

Crunching the stats behind the success of the OpenSea NFT marketplace

  • 76,680 traders processed 478,350 peer-to-peer (P2P) transactions in the last 1 week on OpenSea. The trading volume in the previous 7 days was $380.36 million according to DAppRadar. 

  • The OpenSea NFT marketplace is getting high demand for 5 collections. More investors are purchasing crypto collectibles of Art Blocks Curated, Bored Ape Yacht Club, CryptoPunks, Meebits, and Parallel Alpha from the online platform. 

  • 121,680 traders bought and sold NFTs through the OpenSea platform last month. The total value of assets locked (TVL) in Ethereum smart contracts was $43,630 in the last 30 days. 

OpenSea is the leader in the fast-growing NFT industry. 24387 traders execute deals on its online marketplace daily. With the financial backing of $100 million from Andreessen Horowitz (a16z), it will soon launch a new NFT marketplace on the Flow blockchain network. Likewise, the OpenSea platform will partner with Dapper Labs (owner of CryptoKitties NFT marketplace) for this path-breaking project. 

Acceptance of credit card payments from investors will be another measure that will help the OpenSea NFT marketplace. It can disrupt the mainstream economy easily. 

Hence, entrepreneurs can accelerate the growth of their crypto venture by buying an OpenSea clone script. They can easily bridge the gap between content creators and fans through the power of Non-Fungible Tokens (NFTs).   


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