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Lost at OpenSea

startupstrats.substack.com

Lost at OpenSea

John Biggs
Jul 15, 2022
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Lost at OpenSea

startupstrats.substack.com

OpenSea, a startup valued at $13.3 billion after a $300 million funding round, is on the brink of disaster.

The company, which is essentially a solutions provider for the nascent NFT market, was red hot for the last few years. They were the market to beat when it came to NFT launches and they were home to the most famous of NFTs, Bored Ape Club. Other hi…

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