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He left out that NFTs hardly have a low take rate. OpenSea is the number one earner of fees every time I look at Etherscan. They have taken 18% of the fees in t
by TradingPlaces 5y ago
He left out that NFTs hardly have a low take rate. OpenSea is the number one earner of fees every time I look at Etherscan. They have taken 18% of the fees in the last 24 hours for 1,065 ether (which they immediately turn into dollars, because they view ether so highly), and 24% in the last 3 hrs
- lazzlazzlazz 5y agoThe take rate is 2.5% on OpenSea, which is very low for the art world, low for many crypto on-ramps, and a bit high for a centralized exchange's retail interface. It's not outrageous and will likely drop with time.
- carlosdp 5y agoI think you are mistaking gas fee for take rate here... Gas fees go to the miners, not OpenSea. The OpenSea take rate is a separate thing.