Devin Finzer on Ethereum competitors
From OpenSea, Are NFTs a Bubble or Sustainable?, What The Data Shows, CryptoVoxels, Adding New Protocols · · W3BTHR33
“I think there's a really big opportunity for some of these competitors to layer1 competitors to you know sort of sneeze at the moment build the right sort of community and developer tools. I think a lot of projects are starting to do this in pretty interesting ways. Tezos has been working a lot on their non-fungible token standards. Near Protocol is obviously doing really interesting stuff and so these projects are early but I do think that they're gonna capture developer mindshare when on a daily basis the network is clogged.”
On , Devin Finzer, CEO & Co-Founder at OpenSea, spoke about Ethereum competitors 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."