[CyrusL]

https://dune.xyz/rchen8/opensea

Yeah, this valuation is easily justifiable. First chart is OpenSea's monthly transaction volume. Multiply by 0.025 to calculate OpenSea's take.

[mritchie712]

The first chart would concern me as an investor though. Crazy growth in the first half of 2021, then flat line (even down a few months).