Hey, it’s Marc. I write about Bitcoin and Web3. ✌️

Last week, OpenSea, now the 2nd biggest NFT marketplace behind Blur (according to volume), launched OpenSea Pro. 

After losing ground to Blur in recent months, which lured in pro users with a trading interface, lower fees, and BLUR token airdrops, OpenSea now strikes back. 

Similar to Blur, OpenSea Pro focuses on NFT traders, aggregating over 170 NFT marketplaces. It offers advanced order types and optimized gas fees, among others. 

Subscribe now

What’s happening? 

As fees race to the bottom, marketplaces compete for market share and volume (which comes from traders), because that’s where they make money.  

 called it the “paradox of exchanges”: