Opensea NFT Marketplace Analysis on Base Chain

🌀🌌Due to the launch of the Opensea market on the Base chain, we will evaluate this platform on the Base chain from various aspects in this dashboard.

✍Introduction

Opensea, a popular online marketplace for NFTs (Non-Fungible Tokens), has gained significant popularity in the NFT space. NFTs represent ownership and authenticity of various digital items, including digital art, collectibles, virtual real estate, and music, and Opensea operates on the Ethereum and some other blockchains. In addition, Opensea currently supports Coinbase's Base, a layer 2 network. Artwork minted on Base's network can now be traded on Opensea, and the platform's NFT-related toolkit can mint assets on Base's extended network. Due to the launch of the Opensea market on the Base chain, we will evaluate this platform on the Base chain from various aspects in this dashboard.

🧠Purposes

Reviewing the content of the Opensea Marketplace dashboard is essential as it provides a comprehensive analysis of the leading NFT trading platform on the Base blockchain. This dashboard offers valuable insights and data that are crucial for various users, including investors, traders, collectors, and analysts. By examining Opensea on the Base blockchain from multiple perspectives, it allows users to make informed decisions, assess market trends, and understand the platform's current status and potential future developments.

🧱Structure

The structure of this dashboard can be broken down into several key sections:

General Marketplace Overview: This section provides a high-level overview of Opensea Marketplace on the Base, including its market position, popularity, and significance within the Base chain's NFT ecosystem. It may include metrics such as the total number of NFTs sold and the overall trading volume. In this part, the dashboard delves into the sales performance of Opensea. It examines data related to the number of NFT sales, their values, and any trends or fluctuations observed over time. This analysis helps users understand the marketplace's transactional activity.
User Insights: The dashboard explores the behavior and activities of Opensea users. It identifies top traders, tracks user engagement, and monitors the overall dynamics between NFT buyers and sellers. This section provides a detailed look at the platform's user community.
Collections Evaluation: This section focuses on the various collections available on Opensea. It analyzes the performance of these collections, including their sales volume and popularity. Additionally, it highlights outstanding collections based on various criteria, showcasing the diversity and quality of NFTs on the platform.
Fees Analysis: Users can gain insights into the fees associated with transactions on Opensea. This analysis may include details on the types of fees paid by buyers, helping users understand the cost structure and potential expenses when participating in the marketplace.