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Reshaping the NFT Ecosystem in the Wake of the 2022 Crypto Storm

27 min • 18 april 2023

Reshaping the NFT Ecosystem in the Wake of the 2022 Crypto Storm 
(Live From Links NYC 2023)

After the boom of NFTs and crypto in 2021, many are left wondering if this recent crypto winter might mean the death of NFTs and the metaverse as a whole.

In this episode, Ian Andrews is joined by Silicon Valley Alumni, Shiva Rajaraman, Chief Business Officer at OpenSea, the world's first and largest web3 marketplace for NFTs and crypto collectibles. 

Shiva describes how the company plans to not only onboard the next million NFT users, but also making the process and experience positive and memorable. He shares his thoughts on consumer protection in the NFT space and provides insights into the ongoing conversation about creator royalties 

He provides details around OpenSea’s solutions for active users and the biggest traditional brands looking to enter web3 and what the future holds for NFTs and the OpenSea marketplace.

Minute-by-minute episode breakdown
  • (2:15) – A look at the past, present and future of NFTs and utility  
  • (4:25) – Shiva’s journey to OpenSea after working at major tech giants in Silicon Valley 
  • (6:15) – The acquisition of Gem.xyz and the future of OpenSea 
  • (9:50) – Focusing on consumer protection and security vulnerabilities in the NFT markets 
  • (14:05) – Who are active NFT buyer / trader  and how does the OpenSea provide solutions for that niche audience
  • (16:05) – The controversy around NFT royalties and OpenSea’s stance on various royalty models
  • (18:15) – How does OpenSea assist the biggest brands in the world to enter into web3
  • (21:40) – With Meta (formerly Facebook) pulling back on the metaverse, are we still bullish on NFTs and metaverse use cases?
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