Magic Eden vs OpenSea vs Random Earth
This dashboard focuses on three prominent marketplace on Solana, Ethereum, and Terra blockchains and investigates their performance and popularity in 2022.
Introduction
In 2021 the popularity of NFTs exploded and the adoption NFTs were rapidly growth. One reason behind that growth was the launch of marketplaces that offer a good service for users across different blockchains.
This dashboard focuses on three prominent marketplace (Magic Eden, OpenSea and Random Earth) on Solana, Ethereum, and Terra blockchains and investigates their performance and popularity in 2022.
The barcharts below show top collections of marketplaces in terms of number (volume) of sales.
As can be seen:
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OpenSea on Ethereum attracted most sales on blockchains.
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Opense collections is the dominant among the other collections in OpenSea on Ethereum.
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Baby-Ape social club is the dominant among the other collections in Magic Eden on Solana.
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Levana Dragons: Meteor Dus collection is the most popular among other collections in Random Earth on Terra.
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the distribution of sales among collections on Random Earth is more equal than on Magic Eden and on OpenSea.
The below present the 5 most popular NFT collections on each of marketplaces in terms of:
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number of sales
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number of purchasers
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amount of sales
Notable observations
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OpenSea is ranked first in terms of the amount of sales. The amount of sales on Magic Eden and Random Earth is very lower than OpenSea.
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In terms of number of sales and number of unique purchaser, Magic Eden performed better than Random Earth.
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Random Earth has more equal distribution of sales among collections rather than OpenSea and Magic Eden.