Main competitor Genie lagging behind, despite first-mover advantage
Gem and Genie are the two leading NFT marketplace aggregation platforms at the moment. And their story is definitely interesting. But which one is taking the top spot in this new NFT niche? Read on to find out.
NFT marketplace aggregation is a rather new field in the space, however, demand for such services is on the rise. Platforms like Gem and Genie offer users the ability to purchase NFTs from various collections and marketplaces in a single transaction, saving gas costs in the process. Imagine you’re looking to purchase 10 NFTs from 5 different collections. If you’re doing that on a marketplace like OpenSea, this would mean 10 transactions and paying gas fees ten times.
NFT marketplace aggregators allow you to bundle up all these purchases in a single basket transaction and save on gas costs. This could mean hundreds or even thousands saved depending on the number of NFTs in your…