“we’ve been at sea for less than two days and i’ve already seen half of this crew in my infirmary.”
seen from United Kingdom
seen from Brazil
seen from United Kingdom

seen from United Kingdom
seen from Bangladesh

seen from Ireland
seen from United Kingdom
seen from Finland

seen from New Zealand

seen from United Kingdom
seen from Algeria
seen from United Kingdom
seen from Türkiye
seen from United States

seen from Canada

seen from Malaysia
seen from United Kingdom

seen from United States

seen from United States
seen from China
“we’ve been at sea for less than two days and i’ve already seen half of this crew in my infirmary.”
The shoe came down with a heavy thud against the ageing wood, a definitive slam. The rat simply scurried away.
Florian sighed and, muttering curses about rats finding their way into places they shouldn’t be, yanked his shoe back onto the right foot. He narrowed his eyes at the hole the rodent had disappeared into.
“That’s right, coward- you run. I’ll get you one of these days.” he turned- and let out a startled noise when he realized he wasn’t quite as alone as he’d thought.
OpenSea's dominance shrank 23% in 2022
OpenSea's dominance shrank 23% in 2022
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CryptoSlate looked into Glassnode data to evaluate OpenSea’s performance in 2022 and revealed that the marketplace’s dominance fell to 33% from 50% in January.
At the beginning of the year, OpenSea corresponded to 20% of the total Ethereum (ETH) gas usage. This percentage declined throughout the year to see 9%. The marketplace’s NFT transfer count also recorded a 25% decrease in 2022.
The chart below represents the number of transactions in the Ethereum network in relation to the transactions that interact with NFTs by calculating a share percentage.
This metric includes both ERC721 and ERC1155 token contract standards that transacted on major NFT marketplaces — OpenSea, LooksRare, Rarible, and SuperRare. The data starts from the beginning of the year and represents the shares of each NFT marketplace with a specific color.
NFT Transactions (Relative)
The pink areas represent the leading NFT marketplace OpenSea. It can be seen that OpenSea started the year at around 50% market dominance. However, the marketplace’s dominance started to diminish at the end of May, and it ended the year at around 33%.
NFT transfer count
The NFT transfer count on marketplaces represents the number of NFT transfers facilitated by being paid with ETH or Wrapped Ethereum (wETH). This metric only includes data from OpenSea and LooksRare, starting from the beginning of the year.
NFT transfer count on marketplaces
A similar decline in OpenSea’s account is also visible in this metric. According to the data, OpenSea started the year with around 80,000 transfers and gradually declined throughout the year. As of Dec. 31, OpenSea facilitates around 60,000 transfers, marking a 25% decrease in volume.
Gas usage by NFTs
The gas usage by NFTs metric calculates a percentage share that represents the relative amount of gas consumed by the Ethereum network due to transactions interacting with NFTs.
OpenSea’s decline can be seen from its gas usage share as well. The marketplace started the year by corresponding to 20% of the whole gas usage and recorded a sharp decline to end it with 9%.
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