How is OpenSea worth $13B?
Six months ago, OpenSea raised at a $1.5B valuation. Today, it just raised at a $13.3B valuation.
NFTs are a massive business. Here is OpenSea's yearly transaction volume. It takes 2.5% of that volume, generating the revenue in the pictured line chart.
2018: $474K
2019: $8M
2020: $24M
2021: $15B
We're only a few days into 2022, but OpenSea did $900 million in…
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