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One would think that it's a winner-takes-all, hit-driven market. But actually, looking at the current OpenSea 30-day volumes, the collections approximate a powe
by svantana 5y ago
One would think that it's a winner-takes-all, hit-driven market. But actually, looking at the current OpenSea 30-day volumes, the collections approximate a power-law distribution with an exponent of ~0.94, i.e. slightly more long-tail than expected from Zipf's Law. Granted, e.g. Spotify streams are even more long-tail (exponent~=0.5), but still.