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HomeAltcoinsOpenSea crosses one million active user wallets

OpenSea crosses one million active user wallets

OpenSea is a game-changing decentralised marketplace for purchasing and selling NFTs. NFTs are Non-Fungible Tokens, which are one-of-a-kind, collectible digital items such as in-game assets, avatars, trading cards, and art.

According to Dune Analytics data from Thursday, January 13, 2022, OpenSea has already surpassed one million active user wallets on the platform.

Thursday’s announcement follows claims that the platform has witnessed over $2 billion in trading volume since the beginning of 2022 and is on track to set a new all-time record in terms of monthly trading activity.

Earlier in January 2022, OpenSea co-founder Devin Finzer stated that the business had received $300 million in a Series C fundraising round.

This increased OpenSea’s market worth to a stunning $13.3 billion, a significant increase from its $1.5 billion valuation in July 2021.

Jeewan Singh
Jeewan Singh
Jeewan Singh is CryptoShrypto’s content writer and a seasoned writer with over two years of experience in writing about Indian Securities Market. Jeewan's participation in Blockchain and Cryptocurrency started in late 2020, and he hasn't looked back since. The technical and economic outcomes of cryptocurrency are what spark his curiosity, and he keeps one eye on the market.
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