16/ In January of this year, fee revenue was over $100M per month and by October and November this year, it's around $5M. The entire NFT market took a huge hit so this is not exclusive to Opensea. You can see a similar drop in sales revenue.
23/ Another driver is the NFT collections exclusive to the platform. Having exciting collections launching on Opensea will continue to be a huge aspect of new user adoption.
24/ Opensea is the biggest player in the NFT marketplace industry and we expect them to remain strong if they can continue making the user experience simple for new users.
Thanks to the covalent team!
And if you made it this far in this longgggg thread, thank you! /END