How NFT Platform OpenSea Plans to Maintain Its Competitive Advantage - Ep.232
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Devin Finzer, co-founder and CEO of NFT marketplace OpenSea, talks all things non-fungible. Check out the whole show to hear Devin answer the following questions:

First Half: Breaking Down NFTs

• Why did he become so interested in NFTs ? 
• What is an NFT? Why have NFTs become so popular recently? 
• Who is creating NFTs? Who is purchasing NFTs? 
• Are we in an NFT bubble? 
• How is the NFT ecosystem going to evolve over the next few years? 
• What are people purchasing when they buy an NFT?

Second Half: OpenSea Q+A

• What is OpenSea? 
• How will OpenSea maintain its competitive advantage in the open-source blockchain ecosystem? 
• How does OpenSea make money? 
• Are artists making money on OpenSea? 
• How is OpenSea planning on integrating with layer 2 solutions on Ethereum and other blockchains? 
• How do royalties work on OpenSea? Why are they hard to enforce? 
• What can be done about content being minted on OpenSea without an artist’s permission? 
• What issues in the NFT world still need to be resolved? 
• How is OpenSea handling the environmental concerns surrounding NFTs? 
• What’s next for OpenSea?

Thank you to our sponsors!

E&Y: https://ey.com/globalblockchainsummit)

Crypto.com): https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2 )

Kyber Network: Dmm.exchange)

Episode Links

Basic Links

• Devin’s Twitter

https://twitter.com/dfinzer?lang=en) 

• OpenSea

https://opensea.io/) 

Devin Finzer

Content

• Podcast appearances

https://www.owltail.com/people/YzIoa-devin-finzer/appearances) 

• The NFT Bible

• https://opensea.io/blog/guides/non-fungible-tokens/)

• Blockchain gaming (2018)

https://www.coindesk.com/the-emerging-trends-in-the-blockchain-gaming-world) 

OpenSea

• Profiles

• Fortune

• https://fortune.com/2021/03/18/nft-art-crypto-marketplace-opensea-amazon/)

• CoinDesk 50 for 2020 (#47)

https://www.coindesk.com/the-coindesk-50) 

• Recent announcements
• scaling solution w/ Immutable X (Mar 31)

https://www.coindesk.com/nft-opensea-immutable-layer-2-protocol-ethereum) 

https://decrypt.co/65828/immutable-x-ethereum-nft-gods-unchained) 

• A16z investment (Mar 18th)

https://a16z.com/2021/03/18/investing-in-opensea/) 

• updating terms of service (Mar 13)

https://twitter.com/opensea/status/1370895902068637697) 

• taking down the hacker NFT (Mar 9)

• https://www.coindesk.com/hacker-selling-cybersecurity-exploit-nft)

• unlockable content (early March)

https://twitter.com/opensea/status/1366780226416631817) 

• Tezos collab (Feb 10)

https://twitter.com/opensea/status/1359519631275352064) 

• creating NFTs for free (Dec 29)

https://opensea.io/blog/announcements/introducing-the-collection-manager/) 

https://twitter.com/xanderatallah/status/1358848443356221445) 

• recent usage:

• https://duneanalytics.com/rchen8/opensea)

• 2018 investing round

https://www.coindesk.com/ebay-cryptokitties-raises-2-million-star-vcs) 

https://opensea.io/blog/announcements/opensea-raises-2-million/) 

Other

• Terms of service talk

• https://www.reddit.com/r/opensea/comments/m12uh4/do_i_keep_the_rights_to_any_nft_i_sell_on_opensea/)

• Stats

https://www.forbes.com/sites/youngjoseph/2021/03/29/nft-market-rages-on-nfts-market-cap-grow-1785-in-2021-as-demand-explodes/?sh=2974862a7fdc) 

• https://duneanalytics.com/rchen8/opensea)

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