We must confront a pervasive threat: the ethos of pure speculation and financialization. This approach represents a shallow interpretation of what decentralization can offer. It overlooks the deeper, more meaningful aspects of a technology that enables us to connect, collaborate, and build shared experiences across geographies and ideologies – some... See more

The people at the end of the line who are flipping NFTs do not fundamentally care about distributed trust models or payment mechanics, but they care about where the money is. So the money draws people into OpenSea, they improve the experience by building a platform that iterates on the underlying web3 protocols in web2 space, they eventually offer ... See more