Coinbase’s NFT drops feature allowed creators to release collections directly on the marketplace, rather than serving as a secondary marketplace such as leading NFT platform OpenSea. According to data from Dune Analytics, Coinbase NFT’s all-time trading volume is 4,454 ether (ETH), or nearly $7 million. In the month of January alone, OpenSea raked in 306,645 ETH in trading volume, about $483 million.
Source: https://www.coindesk.com/web3/2023/02/01/coinbase-nft-pauses-new-collection-drops-denies-shuttering-marketplace/?utm_medium=referral&utm_source=rss&utm_campaign=headlines