It is clear that 2021 was a significant year for NFT (nonfungible tokens). The nascent market has seen unprecedented growth as sales volume from January to date nears $10 billion — a 14,500% surge from 2020. OpenSea, the NFT marketplace is responsible for processing large amounts of this.

OpenSea is the majority owner of NFTs and controls them all. More than $10 billion in transactions were processedIt was launched in December 2017 The 2021 volume of the company’s sales surpassed that earned by Etsy, NASDAQ: and was comparable to eBay (NASDAQ:). However, OpenSea is just the beginning of NFT.