In marketplaces, transaction frequency & building user habits is more important than having the highest overall GMV.
Let's consider NFTs on Solana vs Ethereum through this lens, by comparing @MagicEden_NFT vs. @opensea:
GLG, the world's largest expert network, filed for IPO yesterday.
It has 1 million experts on its books and facilitates calls between them and its 2,700 clients.
Its S-1 highlights the power of aggregation. ๐๐
How marketplaces (generally) win:
1. Deliver a much more convenient experience
2. Deliver a significantly cheaper product
3. Unlock desirable supply and then build a market around it