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Sources: OpenSea Eyes $13B Valuation

58 点作者 1cvmask超过 3 年前

17 条评论

BoysenberryPi超过 3 年前
OpenSea is a great example of break the law until you get caught and then pay a small fine. They just haven&#x27;t reached the &quot;get caught&quot; part yet. Putting utter ridiculousness of NFTs aside, a lot of the art on the site is straight up stolen and artist have very little recourse in what they can do. Here is a good Twitter thread from Loish summarizing the state of affairs for artist <a href="https:&#x2F;&#x2F;nitter.net&#x2F;loishh&#x2F;status&#x2F;1470340143970230277" rel="nofollow">https:&#x2F;&#x2F;nitter.net&#x2F;loishh&#x2F;status&#x2F;1470340143970230277</a>
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danielvf超过 3 年前
Most modern crypto projects are paying massively for users and attention - like UBER in the early days. But OpenSea is just pure cash cow - eighty million a month in revenue, off minimal expenses and no advertising. Regardless of whatever succeeds in the NFT ecosystem, they benenfit.<p>Lots of other projects have played me-too, or tried to surf the waves and trends in crypto. OpenSea has just been doing their own simple narrow vision thing, regardless of markets going up or down, or NFT&#x27;s falling completely off the radar for a long time. The site is simple, easy to understand, and has mind boggling network effects.<p>They probably have the most enviable position right now in crypto-space, right next to Coinbase. Good to be them, and here&#x27;s to them not screwing it up in the future by throwing money to fix things that aren&#x27;t broken.
aspenmayer超过 3 年前
I hope they make it impossible for OpenSea staff to insider trade and wash trade. Well, I would hope that, but it seems that there’s no meaningful way for OpenSea to actually enforce such a ban. And this isn’t a hypothetical flaw in OpenSea. It is known that at least one employee (OpenSea’s former head of product, Nate Chastain) has done insider trading on OpenSea an unknown number of times, likely profiting 18.875 ether or more, which is over $50k. Not exactly small potatoes here. Worse is that he was front-running front page content before it went live on the homepage.<p>We desperately need the decentralized exchange (DEX) equivalent to the centralized exchange that is OpenSea. I could swear I heard about a DEX for NFTs, maybe someone in the comments has some links.<p><a href="https:&#x2F;&#x2F;www.cnbc.com&#x2F;2021&#x2F;09&#x2F;15&#x2F;opensea-insider-trading-rumors-are-true.html" rel="nofollow">https:&#x2F;&#x2F;www.cnbc.com&#x2F;2021&#x2F;09&#x2F;15&#x2F;opensea-insider-trading-rumo...</a>
paxys超过 3 年前
Selling shovels during a gold rush is always a great business. Coinbase is worth $50B+, so I don&#x27;t see why this is too surprising.
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moneywoes超过 3 年前
Say I mint an NFT and then purchase it myself for a high price. The next transaction will be Likely ahead of that price correct? Besides gas fees, what’s stopping by people from pumping their own NFTs?
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aspenmayer超过 3 年前
I just remembered that OpenSea is a YC company. How the plot thickens.<p><a href="https:&#x2F;&#x2F;www.ycombinator.com&#x2F;companies&#x2F;opensea" rel="nofollow">https:&#x2F;&#x2F;www.ycombinator.com&#x2F;companies&#x2F;opensea</a>
noyeastguy超过 3 年前
It seems like there is some new undetected &quot;lead in the pipes&quot; thing going on these days where everyone is going crazy. Sociopathy is running amok. Our institutions used to be able to control these people. We need new ways of identifying bad actors and marking them to the rest of society. Maybe with Elizabeth Holmes getting found guilty the trend can start reversing. Hey you know what? Maybe we could create a trust-less distributed database to keep track of conmen, like a Equifax for bad actors on the blockchain ;).
TigeriusKirk超过 3 年前
A decently funded competitor could strip their userbase pretty quickly. There&#x27;s not a lot of user loyalty in this particular market segment at this particular time, and OpenSea hasn&#x27;t made much effort to increase it.<p>That said, just because it could happen doesn&#x27;t mean it will.
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spoonjim超过 3 年前
You mean their management wants to be paid in FIAT? <i>gasp</i><p>LOLOL
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alexjray超过 3 年前
Open sea sucks, crashes all the time
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einpoklum超过 3 年前
A website for auctioning specific nothings to people who want to waste money valued at 13 Billion USD.<p>...<p>Well, I guess that&#x27;s it then.<p>..<p>Repent! The end is nigh!<p><a href="http:&#x2F;&#x2F;29odkrngwwiml6xqsb8nbfh.wpengine.netdna-cdn.com&#x2F;wp-content&#x2F;uploads&#x2F;2015&#x2F;11&#x2F;Lead64.jpg" rel="nofollow">http:&#x2F;&#x2F;29odkrngwwiml6xqsb8nbfh.wpengine.netdna-cdn.com&#x2F;wp-co...</a>
ramesh31超过 3 年前
Sure, why not.
downWidOutaFite超过 3 年前
Lol so decentralized! &#x2F;s
brightball超过 3 年前
It&#x27;s hilarious to me that a &quot;make your own pet rock&quot; business gets this much attention.
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keewee7超过 3 年前
My FOMO about Crypto is getting real. What is the equivalent of an index fund for all the crypto hype? Something I can invest in and only have to check once a month.
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rafale超过 3 年前
They had be worth at least 5 times if they ICOed, and in the process reward their users. Sell outs.
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skilled超过 3 年前
OpenSea is creepy. I think there have been numerous cases where they have frozen accounts&#x2F;addresses with substantial value inside of them.<p>Sure, someone got hacked and they want to protect their assets, but I always thought that if you lost crypto, it was gone for good.
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