How Opensea’s Update Changes Everything! | Episode 314

More data doesn’t equal smarter decisions but it does provide for more variables to be in play both for NFT degens and newbies.  Opensea has been given lots of criticism over the last year as they brought in 100s of Millions via % fees from transactions on its site there seemed to be a lack of customer service, UX and UI Changes and any real innovation for the first 6 months of 2022.  Well for all those that were hating lets take this opportunity to celebrate as Opensea over the last 30 days has made some massive updates to the platform including the Stats tab no including trends, a new homepage with launchpad like features highlighting projects with a landing page that are minting on Opensea and most recently update to collection pages now showing creator fees, percentage listed and percentage of owners.

 

What does all this data mean?

How can this data be used for buying, selling and flipping?

Why this data actually requires MORE research not less? #DYODR

And how this data will be miss interrupted by many which can be something NFT collectors and investors can leverage to their advantage if they understand todays NFT newbie behaviors.

 

Brian also highlighted a couple projects and blog posts with the links below.  Also as promised the NEW merch for NFT 365 can be found here: https://www.getbonfire.xyz/adhd/fanzone

 

Links mentioned:

Photosynthesis NFT Project Mint 365:  https://opensea.io/collection/photosynthesis-official

New Mint Launchpad on Opensea https://opensea.io/blog/announcements/introducing-the-new-opensea-homepage/

Home page: https://opensea.io/

 

Featured NFT from the #mint365 collection:

Photosynthesis #196/365

@photosynth

 

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https://www.socialmediaexaminer.com/nft365

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As always: DO YOUR OWN DAMN RESEARCH

 

 

 

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