A look at decentralized OpenSea competitors

January 25, 2022, 1:46PM EST

• 16 min read

Quick Take

  • Capitalizing on users’ growing discontent with OpenSea, a new cohort of decentralized NFT marketplaces originated with the goal of dethroning OpenSea
  • With liquidity being the lifeblood of an NFT marketplace, these competitors cultivated ingenious liquidity incentive designs
  • The relative trading volume of most competitors is still dwarfed by OpenSea, with LooksRare emerging as the only potential threat so far

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Source: https://www.theblockresearch.com/a-look-at-decentralized-opensea-competitors-131142?utm_source=rss&utm_medium=rss