The article discusses the decline and controversies surrounding OpenSea, the dominant marketplace in the NFT sector. The company faced criticism for scams, security breaches, and insider trading, and its market share dropped from 90% to 33% in 2025. The launch of a new version, OS2, aims to revitalize the platform and improve the user experience. OS2 allows the trade of both fungible and non-fungible tokens and works across various chains. Despite some concerns about security issues, the announcement of the platform update was generally met with support. The article suggests that the decline of the NFT market and OpenSea's decreased market share may help facilitate a safer and healthier user experience. The article also mentions the crypto-friendly climate and potential comeback of OpenSea with the revamp.
Content Editor ( crypto.news )
- 2025-02-15
OpenSea revamp: Can OS2 set the stage for a potential comeback?
