At its peak, OpenSea accounted for about 90% of the total NFT market, but now the marketplace's monthly trading volume has plummeted to $171 million, down 96% from January 2022.
Devin Finzer announced in an interview with DL News that he is open to any commercial offers.
“The honest answer is that we take a fairly open-minded approach. If the right partnership appears, then we should definitely think about it,” the businessman assured.
While OpenSea still has more users than arch-rival Blur, the latter's daily trading volume is five times greater, according to analytics platform Dune. David Finzer says he is not concerned about Blur's activities and is focused on building a brand “that keeps users safe by excluding any fraudulent or problematic collections.”
“We've just noticed that Blur seems to be cutting a lot of different corners when it comes to their approach to legislation and regulation,” the businessman hints cautiously.
Last November, OpenSea management announced the layoff of half of its employees.
The NFT market itself is going through hard times. Twitter founder Jack Dorsey's first tweet as an NFT has lost almost 100% of its value. And the cost of the NFT bought by singer Justin Bieber from the BAYC collection has fallen tens of times.
Source: Bits
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