I'm a crypto-enthusiast with a sociopathic disorder, I like to create extraordinary photos on various topics. It's even harder for someone,
I'm a crypto-enthusiast with a sociopathic disorder, I like to create extraordinary photos on various topics. It's even harder for someone,
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OH, NFTS. Do you remember how in 2021, every other "investor" was rushing to buy pixel monkeys, and any snot tokenized in JPEG was automatically worth a couple of ethers? Times have changed. Nowadays, NFTs are either a rare artifact for old fogies or a way to lose money, as in the case of the Australian Open, where tennis ball tokens dropped by 90% (it seems that even a real tennis ball has more liquidity).But then OpenSea enters the scene, this uncrowned king of NFTs who once ruled the fates of artists and collectors. Can he bring NFT back to life? Or will it just throw a few cents in the drop and disappear into the fog of Web3?NFT resuscitation or the last nail in the coffin?Crypto trends are cyclical, like the bear market. NFTs are "dead", then they are "alive" again, then they are dead again - but now they have started to decompose. The question is whether OpenSea can do more than just another marketing gimmick.Option
1: OpenSea throws a life preserverLet's imagine that OpenSea does decide to do something worthwhile. For example:A large-scale airdrop where people get not just a couple of dollars, but something really worthwhile (sounds like a fantasy, but why not dream).New NFT mechanics that will give them real utility, not just the role of a "picture for an avatar".Integration with metaversions, games, or DeFi to somehow justify the existence of all this.If they do it right, NFTs can regain at least some of their former glory. Right now, they are somewhere between "collector's item from the 90s" and "just another way to lose money."Option
2: OpenSea gives away pennies and kills the marketThis one is even simpler: OpenSea pretends to be "rewarding the community," but in reality, it's throwing $5 to everyone, making people only frustrated and wanting to go to competitors. We've seen this before:LooksRare gave away tokens, but they quickly depreciated.Blur "rewarded traders," but in the end, it led to speculation and a dump.After the hype, most NFT projects simply abandoned their users and disappeared into oblivion.
OpenSea may well follow this path. It will do something symbolic and then say, "We tried!" and that's it, the NFT market will continue its slow fading.What's next?NFTs will either evolve or finally become just a part of crypto history, like the ICOs of 2017. Most people are now skeptical of them, and it will take more than just drops to regain trust, but something revolutionary.So, OpenSea, what will you choose? Will you be the hero that saves NFTs or the platform that finishes what's left? Time will tell. But if they do decide to organize a large-scale drop, it better not be 10 bucks in a smart contract, but something that will make people believe in NFTs again.
OH, NFTS. Do you remember how in 2021, every other "investor" was rushing to buy pixel monkeys, and any snot tokenized in JPEG was automatically worth a couple of ethers? Times have changed. Nowadays, NFTs are either a rare artifact for old fogies or a way to lose money, as in the case of the Australian Open, where tennis ball tokens dropped by 90% (it seems that even a real tennis ball has more liquidity).But then OpenSea enters the scene, this uncrowned king of NFTs who once ruled the fates of artists and collectors. Can he bring NFT back to life? Or will it just throw a few cents in the drop and disappear into the fog of Web3?NFT resuscitation or the last nail in the coffin?Crypto trends are cyclical, like the bear market. NFTs are "dead", then they are "alive" again, then they are dead again - but now they have started to decompose. The question is whether OpenSea can do more than just another marketing gimmick.Option
1: OpenSea throws a life preserverLet's imagine that OpenSea does decide to do something worthwhile. For example:A large-scale airdrop where people get not just a couple of dollars, but something really worthwhile (sounds like a fantasy, but why not dream).New NFT mechanics that will give them real utility, not just the role of a "picture for an avatar".Integration with metaversions, games, or DeFi to somehow justify the existence of all this.If they do it right, NFTs can regain at least some of their former glory. Right now, they are somewhere between "collector's item from the 90s" and "just another way to lose money."Option
2: OpenSea gives away pennies and kills the marketThis one is even simpler: OpenSea pretends to be "rewarding the community," but in reality, it's throwing $5 to everyone, making people only frustrated and wanting to go to competitors. We've seen this before:LooksRare gave away tokens, but they quickly depreciated.Blur "rewarded traders," but in the end, it led to speculation and a dump.After the hype, most NFT projects simply abandoned their users and disappeared into oblivion.
OpenSea may well follow this path. It will do something symbolic and then say, "We tried!" and that's it, the NFT market will continue its slow fading.What's next?NFTs will either evolve or finally become just a part of crypto history, like the ICOs of 2017. Most people are now skeptical of them, and it will take more than just drops to regain trust, but something revolutionary.So, OpenSea, what will you choose? Will you be the hero that saves NFTs or the platform that finishes what's left? Time will tell. But if they do decide to organize a large-scale drop, it better not be 10 bucks in a smart contract, but something that will make people believe in NFTs again.
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