The world’s largest NFT marketplace by volume OpenSea has crossed another milestone. It has done so after securing a prestigious position in the Alexa top 500 most visited website ranking. It currently ranks 428 in the worldwide ranking and 174 in the United States. The data also shows that the website receives the majority of its visitors from the United States (45.2%), followed by Japan (7.4%) and Australia (5.4%).
According to Alexa referring to data over the last 3 months, the average time spent on the website is around 18 minutes, which is fairly high. The average visitor scrolls through 14.6 pages daily, which is again not an easy feat to accomplish. Its bounce rate is around 15.8%. The top five keywords for the website are Opensea, open sea, NFT marketplace, opensea api and opensea nft. The websites visitors usually share with the NFT marketplace are Etherscan, MetaMask, Rarible, BscScan, and CoinGecko. Well, we aren’t surprised!
This is the most significant development after the website crossed $1B in trading volume this year. It rose from only $473,000 trading volume in 2018, a respectable $8 million in 2019, steady growth of $24 million in 2020, and over $1 billion for 2021 – a truly praiseworthy and excellent growth. It’s a clear sign that the activity around NFT has only begun to heat up and the mainstream users are finally starting to pay attention.
The first and largest marketplace, OpenSea focuses on every type of Non Fungible Tokens (NFTs). It allows users to sell art, game items, collectibles, virtual stuff, domain names, etc. The platform’s NFT variety and transaction volumes eclipses that of any other similar platform. It has auction features and integrations with crypto infrastructure. It features a powerful explorer and search engine for NFTs. The platform has a 2.5% fee for transacting on the platform and has a robust classification method for all different kinds of NFTs.
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