NFTs and NFT marketplaces have never failed to stun us right from their advent. With changing trends and evolving advancements, the web3 tech space has reached new heights in the market. However, NFTs are said to have a prominent space contributing significantly to the growth and reach of Web3 among the global masses. The NFT market is one of the most competitive and rewarding markets, yet it swings according to market trends.
The Current Trend in the P2E Space
As said earlier, being one of the competitive markets in the web3 space. Various NFT marketplace for digital collectibles have slashed their trading fees down to zero. Slashing the trading fee down to zero is a beneficial move for the collectors. However, it was a domino effect that started from the Blur Vs. OpenSea race to the top spot.
The domino effect has spread to other top NFT marketplaces across various blockchain networks, including NFT game marketplaces. Without any trading fee, marketplaces can witness increased trading on the platform. On the other hand, traders and flippers can enjoy trading NFTs without paying a cut to the NFT marketplace. Gamers can greatly benefit by trading or purchasing in-game assets without any fees on NFT game marketplaces.
Wrap Up
NFT and marketplaces have come a long way. The current trend of slashing the trading fees down to zero percent can be a boon to traders, flippers, and P2E gamers in many ways creating a perfect time to craft a better trading strategy for increasing profits.
