6:52:18 PM PST - Friday, December 9th, 2022

Can gaming resurrect the NFT market? OpenSea thinks so  

By Editor - Thu Nov 17, 1:25 pm

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Today at TechCrunch’s crypto-focused event in Miami , OpenSea CEO Devin Finzer discussed his business, and the future market for non-fungible tokens. The digital assets, better known by the acronym ‘NFT,’ saw their stock rise during the 2021-era crypto boom. NFTs became synonymous with neo-wealth bubbling up from the blockchain economy, as a number of image collections that employed the digital asset format reached pop-culture status and eye-watering prices. However, as TechCrunch has reported , the evolving market for crypto-related activities and products is currently in a downturn. NFT trading volumes are depressed compared to year-ago levels, and elsewhere in the decentralized economy there’s chaos to be found as the implosion of exchange FTX continues to reverberate . This made Finzer’s appearance at the event potentially clarifying — in the midst of a downturn, where does OpenSea see the future for its core product category? Naturally given that he’s running a company in the space, we expected optimism from the tech executive. He delivered

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Can gaming resurrect the NFT market? OpenSea thinks so

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