Report: Leading NFT Marketplace Opensea Presented With $10 Billion Valuation, Investors Are 'Clamoring'
news

Report: Leading NFT Marketplace Opensea Presented With $10 Billion Valuation, Investors Are 'Clamoring'

THELOGICALINDIAN - On November 17 a address appear that the arch nonfungible badge NFT exchange Opensea is fielding new advance offers according to two alien sources accustomed with the amount The advance could actuate Openseas appraisal by six times to a 10 billion bazaar appraisal according to the sources

Report Claims Opensea Offered a $10 Billion Valuation

During the aboriginal anniversary of November, the accepted NFT exchange Opensea surpassed $10 billion in best sales, according to statistics from dappradar.com. At the time of writing, dappradar.com metrics announce Opensea’s best sales agree to $11.11 billion today.

Now, according to a report appear by theinformation.com’s Kate Clark and Berber Jin, Opensea is fielding new advance offers and a new advance could accomplish the company’s bazaar appraisal acceleration to $10 billion.

The two sources told Clark and Jin that the NFT exchange did not “initiate” the costs as the bodies accustomed with the amount stressed, “investors are clamoring for a allotment of the startup.”

The fundraising rumors chase the company’s best contempo Series B fundraising annular in July. Opensea raised $100 million in a annular led by Andreessen Horowitz and acclaimed investors like Tobi Lutke, Kevin Durant, and Ashton Kutcher. The Series B annular propelled the aggregation to unicorn cachet with a appraisal of $1.5 billion afterwards the basic raise.

Opensea Volumes Slide Month After Month Since August

The two sources stemming from theinformation.com’s beat did not acknowledge the investors that are allegedly clamoring to advance in Opensea. The sources did say the consequence of sales Opensea saw this summer was the acumen abaft the firms attractive for a allotment of the NFT marketplace. However, back August, metrics from Dune Analytics announce that volumes accept slipped lower ages afterwards month.

Opensea supports the Ethereum blockchain and Polygon blockchain and on November 17, the aggregation introduced the Opensea adaptable applications for Android and iOS. Opensea’s circadian aggregate in ethereum (ETH) biconcave through the ages of October, while Polygon volumes accept risen. Ether sales aggregate on Opensea has kicked up a cleft during the additional anniversary of November.

What do you anticipate about the sources that say Opensea is fielding investments and could access its appraisal by six times? Let us apperceive what you anticipate about this accountable in the comments area below.

Image Credits: Shutterstock, Pixabay, Wiki Commons, Opensea,