Google search volume for NFT marketplace OpenSea reached an all-time high last week

NFTs • August 17, 2021, 4:28PM EDT
the block

OpenSea, one of the largest NFT marketplaces, saw record-high Google search interest last week, according to data collected by The Block Research.

Search interest jumped from 73 in the first week of August to 100 — the maximum amount of interest possible — in the second week. 

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The Google search trend for OpenSea coincides with increased trade volume on the NFT platform. As The Block previously reported, OpenSea trades increased over 194% from July to August and already reached $830 million in volume for the month. 

OpenSea is a New York-based startup founded in 2017, receiving venture funding from Andreessen Horowitz back in March. OpenSea is now worth over $1.5 billion, with the most recent venture funding of $100 million secured in July.

About Author

MK Manoylov has been a reporter for The Block since 2020 — joining just before bitcoin surpassed $20,000 for the first time. Since then, MK has written nearly 1,000 articles for the publication, covering any and all crypto news but with a penchant toward NFT, metaverse, web3 gaming, funding, crime, hack and crypto ecosystem stories. MK holds a graduate degree from New York University's Science, Health and Environmental Reporting Program (SHERP) and has also covered health topics for WebMD and Insider. You can follow MK on X @MManoylov and on LinkedIn.