NFT has disappeared? OpenSea CEO predicts the next wave of millions of users.

OpenSea co-founder and CEO Devin Finzer discussed the current state of NFTs and the future of the digital market in an exclusive interview with BeInCrypto.

In the speculation of the decline of NFTs, Finzer provides a clear vision of continuous rise and innovation.

He pointed out that NFT is not dead.

In fact, NFTs supported by games and physical items are becoming an increasingly interesting area for market participants. To this end, OpenSea has partnered with Courtyard to carry out a project involving Pokémon cards, and has also collaborated with leading game developers such as Parallel and Revolving Games.

Finzer told BeInCrypto: "We see new use cases constantly emerging on OpenSea. Ensuring that OpenSea becomes the home for all types of NFTs is crucial to joining the next wave of the NFT craze."

OpenSea has also revamped its collection page, providing creators with a more rich and customizable page to tell their project stories. This adaptability applies to various types of NFTs, whether they are profile pictures, games, or physical projects.

According to Finzer, the platform is committed to ensuring that the market remains one of the best places to buy, sell, and collect NFTs as new practical trends continue to develop.

Currently, OpenSea's main focus is to enhance users' gaming experience. The company has launched immersive game trailer videos and new exchange standards to enhance the core user experience. These features are designed to deepen OpenSea's verticalization in specific NFT fields.

In Finzer's view, games are a great example. It is crucial to highlight the gameplay through videos. The vast gaming industry is expected to drive the application of NFT. As more and more gamers become first-time owners of NFTs, a frictionless onboarding experience becomes crucial.

Finzer pointed out that it is crucial for gamers to have a rich experience in the game before purchasing NFT passes. This requires more diverse merchandise.

He also emphasized the potential for interoperability, whereby items or status obtained in one game can unlock experiences in another game through open digital ecosystem standards.

The recent rise in the crypto market has triggered innovation, and the improvement of infrastructure has made NFT trading more attractive and cost-effective.

Finzer believes that these developments are crucial for the participation of the next wave of users. He mentioned, "We believe that these investments are an important foundation for attracting the next wave of millions of users."

For example, OpenSea's new "cold start" onboarding experience simplifies the wallet creation process and expands the use of fiat payments. Users only need an email to create an OpenSea account with a self-hosted wallet.

This integration allows users to seamlessly buy, sell, send, and receive digital assets as well as NFTs, which is a crucial step for newcomers to the crypto ecosystem.

Finzer also admires the leading enterprise Parallel in the Web3 gaming sector, and he believes that the expansion of utility-supported NFTs is crucial for the industry's development.

He said, "If our field is to continue to grow and expand beyond the core community, we need to continue to see more NFT collections with real-world utility emerge."

Despite the turbulence in the NFT market, Finzer remains optimistic about its future. He hopes to continue developing new features and creating new opportunities to ensure the company's leading position in the NFT field.

"He said confidently, 'With the emergence of new features, we will continue to develop the market to better promote NFTs and implement the functionality behind them.'"

Finzer's insights dispel the notion that "NFT is dead." Instead, these digital assets are constantly evolving, with new use cases, improved infrastructure, and innovative features driving the development of this field.