Devin Finzer on NFT industry evolution
From OpenSea, Are NFTs a Bubble or Sustainable?, What The Data Shows, CryptoVoxels, Adding New Protocols · · W3BTHR33
“I think the biggest difference is kind of the profile of the companies that are working in the space is much more focused on leanness and building buildings shipping product right so if you look at the NFT space and because there's not the same sort of wave of ICO speculation um you know the the companies are raising smaller seed rounds they're sort of testing product market fit they're going to market early and they're interacting with users.”
On , Devin Finzer, CEO & Co-Founder at OpenSea, spoke about NFT industry evolution during OpenSea, Are NFTs a Bubble or Sustainable?, What The Data Shows, CryptoVoxels, Adding New Protocols on W3BTHR33.
About Devin Finzer
At NFT.NYC 2025, OpenSea CEO and co-founder Devin Finzer discussed the company's approach to long-term sustainability and the lessons learned from rapid growth. He emphasized the importance of building a durable product and maintaining a small, aligned team, stating that a small group of talented, aligned people can move faster and accomplish more than a large organization. Finzer also highlighted the potential for "agentic trading," noting that it is easier to integrate AI agents with decentralized liquidity pools than with centralized exchanges. Finzer commented on the shifting regulatory environment, describing the SEC's previous posture toward crypto companies as "extremely aggressive, unfair" and saying that stance has "completely turned around." He argued that regulation should not be "one-size-fits-all," as the majority of NFTs are art and collectibles rather than financial assets, and that blanket regulation would be an "unthoughtful approach."