{"id":76720,"date":"2023-04-05T12:40:00","date_gmt":"2023-04-05T09:40:00","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=76720"},"modified":"2025-09-10T19:03:53","modified_gmt":"2025-09-10T16:03:53","slug":"opensea-rebrands-gem-in-its-battle-against-blur","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/opensea-rebrands-gem-in-its-battle-against-blur\/","title":{"rendered":"OpenSea rebrands Gem in its battle against Blur"},"content":{"rendered":"<p><a href=\"https:\/\/forklog.com\/en\/news\/opensea-acquires-nft-aggregator-gem\">OpenSea-owned<\/a> aggregator Gem has been renamed \u2014 <a href=\"https:\/\/forklog.com\/en\/news\/why-opensea-is-the-most-popular-nft-marketplace\">OpenSea<\/a> Pro. Users who purchased an NFT on Gem before March 31 will be eligible to receive a free Gemesis NFT.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Today, we\u2019re excited to unveil OpenSea Pro (previously Gem v2) \u2013 the fastest and most powerful NFT marketplace aggregator in the industry! Some history in the ?below <a href=\"https:\/\/t.co\/bjpBKSyNZo\">https:\/\/t.co\/bjpBKSyNZo<\/a><\/p>\n<p>\u2014 OpenSea (@opensea) <a href=\"https:\/\/twitter.com\/opensea\/status\/1643315429530816513?ref_src=twsrc%5Etfw\">April 4, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>OpenSea Pro allows purchasing NFTs on 170 different marketplaces, classifying tokens by various parameters. The platform enables buying multiple digital items in a single transaction, which saves money.<\/p>\n<p>After several months of development, the Gem team released a new version of the aggregator with enhanced functionality, including new order types, improved monitoring of marketplace events, and the state of users&#8217; assets.<\/p>\n<p>As part of the promotion, OpenSea Pro introduced zero fees for trades. Those who completed trades before March 31 will be eligible for a Gemesis NFT.<\/p>\n<p>In<a href=\"https:\/\/www.theblock.co\/post\/224875\/opensea-blur-nfts-pro\"> The Block<\/a> described OpenSea&#8217;s initiative as a &#8216;belated&#8217; attempt in the fight against Blur. Analyst Brad Key questioned whether whales would return to the platform.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8216;The opportunity costs of switching to OpenSea are too high. 70% of Blur&#8217;s total turnover is generated by 1% of users, while the former leader accounts for only 20% of trading volume,<\/em>\u2014 explained the analyst.<\/p>\n<\/blockquote>\n<p>According to The Block, Blur held 71.1% market share in March, OpenSea 20.4%. Competition intensified in November 2022, and in February 2023 the last NFT marketplace<a href=\"https:\/\/forklog.com\/en\/news\/blur-nft-marketplace-leads-nft-trading-volume\"> yielded leadership to the former leader<\/a>.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.tbstat.com\/wp\/uploads\/2023\/04\/Image-from-iOS-720x450.jpg\" alt=\"OpenSea rebrands Gem as part of the fight against Blur\"\/><figcaption>Data: The Block.<\/figcaption><\/figure>\n<p>In February 2023, amid the standoff between the two platforms, the OpenSea team <a href=\"https:\/\/forklog.com\/en\/news\/opensea-overhauls-royalty-model-amid-stand-off-with-blur\">switched the marketplace<\/a> to an opt-in royalties model, temporarily waived commissions and allowed assets to be listed on third-party marketplaces.<\/p>\n<p>Blur<a href=\"https:\/\/forklog.com\/en\/news\/march-in-figures-inflows-to-defi-and-bitcoins-recovery-amid-the-banking-crisis\"> has solidified the status of the leading platform<\/a> in the space, leaving behind OpenSea. In March, daily volumes were three times higher.<\/p>\n<p>Earlier, Blur<a href=\"https:\/\/forklog.com\/en\/news\/blur-nft-marketplace-to-airdrop-an-additional-300-million-tokens\"> announced<\/a> the distribution of more than 300 million BLUR tokens in the second season of the airdrop.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>OpenSea-owned aggregator Gem has been renamed OpenSea Pro. Users who purchased an NFT on Gem before March 31 will be eligible to receive a free Gemesis NFT.<\/p>\n","protected":false},"author":1,"featured_media":76721,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1549,2339,1265],"class_list":["post-76720","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blur","tag-gem","tag-opensea"],"aioseo_notices":[],"amp_enabled":true,"views":"34","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/76720","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=76720"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/76720\/revisions"}],"predecessor-version":[{"id":76722,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/76720\/revisions\/76722"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/76721"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=76720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=76720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=76720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}