- Profitability of NFT marketplace GameStop continues to fall
- In July, this site briefly took the lead
- Now her daily income does not exceed 4 thousand dollars.
The GameStop platform beta test was launched on July 11th. In just 2 days, the marketplace surpassed one of the leaders in the Coinbase segment regarding the number of transactions. But now that interest in the industry has subsided, the site’s revenue has declined significantly.
According to DappRadar, the daily revenue of the portal does not exceed $4,000. It is enough to take the volume of processed transactions in monetary terms and divide it by the marketplace commission of 2.25%.
So, following the calculations, GameStop’s daily income fluctuated between $ 2-3.5 thousand over the past week. This is a considerable decline from the peak in July.
Over the month, the number of individual accounts on the site decreased by 43.88%. This may be due to the natural outflow of users, when the euphoria around a new project fades, and to the situation in the industry as a whole.
The statistics for individual collections confirm this conclusion. The threshold value of BAYC and MAYC tokens decreased by 19% and 28.6%, respectively. This is 55 and 72% lower than the previous low set in April-May this year.
The cost of CryptoPunks has also been reduced. If, after the presentation of the collection of pendants from Tiffany, it reached values from 68.3 to 77.4 ETH, then it again rolled back to 66.45 ETH. Also, note that GameStop was at the epicenter of the scandal. It could also affect the number of users and the volume of transactions processed.
