OpenSea, UniSwap, MagicEden, eBay and others are feat NFT aggregation tools and taking a stand to gain market share of the evolving NFT system.
DappRader's "Dapp industry Report for Q2" 2022 raised, among several points, the concept that an coming non-fungible token (NFT) platform war might be on the horizon.
The report, that was provided to Cointelegraph, spoke of however UniSwap had recently acquired djinny and OpenSea purchased Gem in a shot to expand their individual services to incorporate NFT aggregation tools, that “accumulate NFT offers from numerous commerce platforms.” meanwhile, newer platforms like Magic Eden and X2Y2 still take from OpenSea’s current 75% NFT marketplace dominance.
DappRadar stated, “These acquisitions can possibly pit OpenSea and UniSwap in direct competition with each other within the close to future.“ though OpenSea and UniSwap ar well-established entities among the crypto house, they each face competition from outside the crypto trade additionally. eBay recently acquired the Ethereum-based, digital art market Known Origin in a shot to further expand its digital product providing and capabilities within the NFT space.
( Sean Moore, Cointelegraph, 2022 )