Monkey, ape, and gorilla NFTs may just seem like a fun way to pass the time, but the NFT market is far from a joke when one looks past the memes and into the numbers.
While the NFT marketplace OpenSea is considered a winner by many across the board, recent events and insights from ConsenSys’ Web 3 report reveal some easy-to-miss nuances.
Dune Analytics showed that on 8 December, OpenSea’s daily volume crossed $146 million, bringing it close to levels last seen between September and October 2021. This was in spite of most of the top 25 cryptos dipping into the red.
Source: Dune Analytics
Meanwhile, ConsenSys’ Web 3 report tells us that OpenSea really came into its own during the latter half of the year. The report noted,
“And the transactions
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